Singapore - based mobile listings start - up Carousell has raised $ 85 m to take total fundraising over the past six years to $ 126 m . The series C funding was led by existing investor Rakuten Ventures and Singapore 's Economic Development Board corporate investment arm , EDBI . Participants included 500 Startups , Golden Gate Ventures , Sequoia Capital and , for the first time , southeast Asian bank DBS . Carousell enables users sell unwanted items to each other and it claims it has sold more than 50 million items and has 144 million listings , which now include cars , property , entertainment and financial services . Users include Shopee and Alibaba ’s Lazada and Tokopedia .
Singapore-based mobile listings start-up Carousell has raised $85m to take total fundraising over the past six years to $126m. The series C funding was led by existing investor Rakuten Ventures and Singapore'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 more than 50 million items and has 144 million listings, which now include cars, property, jobs and financial services. Competitors include Shopee and Alibaba’s Lazada and Tokopedia.