Mobile classifieds startup Carousell makes first acquisition weeks after raising $35M

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Watch Over Me has been acquired by Carousell. As the first investor in both companies, Quest Ventures was actively involved in the exit and is delighted with the possibilities that this acquisition brings for both companies.

“Less than a month after raising $35 million in new financing, social commerce and classifieds startup Carousell has made its first acquisition. The Singapore-based company has picked up most of the team from Watch Over Me, a safety app for principally for women that is based in Malaysia, in an acquihire deal that beefs up its engineering chops.”


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