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Carro's Overview

Total employees1016
HeadquartersSingapore
Founded2015

Carro is Southeast Asia's largest AI-driven used car marketplace, revolutionizing the car ownership experience since its founding in 2015. The company aims to provide a transparent, trustworthy, and seamless platform for buying and selling vehicles, utilizing proprietary AI technology, comprehensive in-house inspection and refurbishment capabilities, and innovative solutions like car subscriptions, financing, and insurance. Carro operates in multiple countries, including Singapore, Malaysia (as MyTukar), Indonesia, Thailand, with recent expansions into Japan and Taiwan, focused on making car ownership simpler and more accessible.

Where is Carro's Headquarters?

Carro officeCarro officeCarro officeCarro office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, technology development, corporate governance, and oversees regional operations across Southeast Asia and beyond.

Notable Features:

Located within a major automotive industrial estate, likely featuring modern office spaces integrated with facilities for vehicle inspection and technology R&D, reflecting its tech-first automotive business model.

Work Culture:

Characterized by a fast-paced, innovative, and data-centric environment. Emphasizes agility, customer focus, and technological disruption in the automotive sector.

HQ Significance:

The Singapore HQ is crucial due to the city-state's status as a leading technology, finance, and business hub in Asia, providing access to talent, capital, and a stable base for regional expansion.

Values Reflected in HQ: Innovation (AI and tech development), Transparency (customer-centric operations), and Efficiency (integrated model in an auto hub).

Location:

Carro has a significant presence across Southeast Asia, with core markets in Singapore, Malaysia, Indonesia, and Thailand. The company has also expanded its operations to Japan and Taiwan. Globally, Carro supports functions including AI-driven vehicle trading, data analytics, software development for its proprietary platforms, financial services (financing and insurance), car subscription models, and after-sales services, all tailored to the specific needs of each local market.

Street Address:

160 Sin Ming Dr, #03-03 Sin Ming AutoCity

City:

Singapore

State/Province:

N/A

Country:

Singapore

Carro's Global Presence

Petaling Jaya, Selangor, Malaysia

Address: Lot 2937A, Jalan Tandang, Seksyen 51, 46050 Petaling Jaya, Selangor, Malaysia (MyTukar Retail Experience Centre)

Drives market presence and growth in Malaysia, leveraging the established MyTukar network to offer localized, tech-enabled automotive solutions.

Jakarta, Indonesia

Address: Carro Square, Jl. Sultan Iskandar Muda No.KAV K-L, RT.10/RW.9, Kby. Lama Sel., Kec. Kby. Lama, Kota Jakarta Selatan, Daerah Khusus Ibukota Jakarta 12240, Indonesia

To capture and expand market share in Indonesia by providing a trusted and convenient platform for buying and selling used cars, tailored to local consumer needs.

Bangkok, Thailand

Address: CARRO Thailand, 89 AIA Capital Center Building, 7th Floor, Unit 704-705, Ratchadaphisek Road, Din Daeng, Bangkok 10400

To strengthen Carro's position in the Thai automotive market by offering AI-driven, transparent used car solutions and expanding its service offerings.

Buying Intent Signals for Carro

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Carro

As of April 2025, Carro' leadership includes:

Aaron Tan - Co-founder & Group CEO
Aditya Lesmana - Co-founder & Group Chief Product Officer
Kelvin Chng - Co-founder & Group Chief Business Development Officer
Ernest Chew - Group Chief Financial Officer
Manish Futnani - Group Chief Human Resources Officer
Katherine Teo - Group Chief Marketing Officer

Investors of Carro

Carro has been backed by several prominent investors over the years, including:

SoftBank Vision Fund 2
EDBI
Temasek
Permodalan Nasional Berhad (PNB)
Sime Darby Berhad
Shinhan Financial Group
Mirae Asset
Golden Gate Ventures
Alpha JWC Ventures
Insignia Ventures Partners
B Capital Group
Jungle Ventures

Executive New Hires/Exits in the Last 12 Months

Hire1
Exits0

Over the past year, Carro has strategically strengthened its leadership team with key C-suite appointments, including a new Group Chief Human Resources Officer and the promotion of its Group Chief Marketing Officer, reflecting its focus on talent and brand growth amidst regional expansion. No major C-level departures have been publicly announced.

New Appointments:

Manish Futnani, Manish Futnani joined Carro as Group CHRO, bringing extensive experience in human resources leadership.
Katherine Teo, Katherine Teo, previously VP of Marketing, was promoted to Group CMO, overseeing all marketing functions.

Technology (Tech Stack) used by Carro

Discover the tools Carro uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Carro Email Formats and Examples

Carro's email formats likely follow common corporate patterns. While the primary consumer-facing domain is carro.sg, corporate and internal communications might use carro.co or a similar group-level domain. Common structures include [firstname].[lastname]@[domain] or [firstinitial][lastname]@[domain].

[firstname].[lastname]@carro.co or [firstinitial][lastname]@carro.co

Format

aaron.tan@carro.co

Example

70%

Success rate

News and media

DealStreetAsiaFebruary 26, 2024

Carro reportedly in talks for $100m pre-IPO funding round

Singapore-based online car marketplace Carro is said to be in discussions with investors to secure around $100 million in a pre-IPO funding round, potentially valuing the company at over $1.5 billion as it prepares for a future public listing....more

Tech in AsiaJanuary 18, 2024

Carro names new CHRO, promotes CMO

Carro announced the appointment of Manish Futnani as its new group chief human resources officer and the promotion of Katherine Teo to group chief marketing officer, strengthening its leadership team for continued growth....more

TechCrunchJune 15, 2023

Carro, Southeast Asia’s largest used car marketplace, is now profitable

Carro announced that it achieved its first profitable financial year (FY2023), reporting a record EBITDA of over S$4 million (USD $3 million), a significant milestone for the AI-driven automotive platform....more

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