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Carro secures a strategic investment from Orico to enhance collaboration in automotive financing. This investment aims to integrate AI-driven credit assessment with vehicle valuation services across the Asia Pacific region.
PRIVATESep 21, 2026•about 3 hours ago
Round Type
Corporate Round
Premiumsingaporeinformation technology & services
Investors
Orico
Description
Carro, based in Singapore, has announced a strategic investment from Japanese financial services giant Orico. This collaboration is intended to enhance automotive financing and integrate AI capabilities. The capital will support operations across Japan, Thailand, and Indonesia. Founded in 2015, Carro provides a leading online marketplace for vehicles.
Company Information
Company
Carro
Location
200 Spectrum Center Dr
Premiumsingapore, Singapore, SGP
About
Carro is a collaborative commerce platform that connects Shopify stores, allowing them to sell each other's products directly. This innovative approach facilitates cross-store selling and influencer collaborations without the need for additional inventory or traditional wholesale arrangements. With a network of over 30,000 stores and 7 million influencers, Carro is a prominent player in the collaborative ecommerce space.
The platform enables ecommerce merchants to expand their product catalogs by accessing a curated network of brands and influencers. Retailers can sell partner brands' products directly on their Shopify stores, increasing average order value and creating new customer acquisition channels. Carro automates order syncing and fulfillment, ensuring a seamless experience for both retailers and customers. It also offers features like influencer collaboration, brand partnership management, and real-time analytics to help merchants optimize their sales strategies.
Carro provides tiered subscription plans to cater to different business needs, from basic features to advanced support and management options. It is recognized as a Shopify Plus Certified App and is expanding its reach across ecommerce platforms.
Fundz sees it the moment Carro raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
