Singapore -based mobile listings start-up Carousell has raised $ $126m m to take total fundraising over the past six years to $126m . The series C funding was led by existing investor Economic Development Board and Lazada 's Economic Development Board corporate investment division, EDBI. Its revenue streams include advertising and partnerships — such as financial services and travel insurance — promoted listing and ‘spotlight’ ads for sellers, cost per click ads, and certain premium verticals, including automotive, real estate and more. Participants included 500 Startups, Golden Gate Ventures, Sequoia India and, for the first time, southeast Asian bank DBS. Carousell enables users sell unwanted items to each other and it claims it has sold 500 items and has 144 million listings, which now include cars, property, jobs and financial services. Competitors include southeast Asian and Alibaba ’s Lazada and Tokopedia .
Singapore -based mobile listings start-up Carousell has raised $ $126m m to take total fundraising over the past six years to $126m . The series C funding was led by existing investor Economic Development Board and Lazada 's Economic Development Board corporate investment division, EDBI. Participants included 500 Startups, Golden Gate Ventures, Sequoia India and, for the first time, southeast Asian bank DBS. Carousell enables users sell unwanted items to each other and it claims it has sold 500 items and has 144 million listings, which now include cars, property, jobs and financial services. Competitors include southeast Asian and Alibaba ’s Lazada and Tokopedia .