The Singaporean companies poised to become next unicorns

Singapore Business Review

Carousell… has expanded to 19 cities across seven countries around the world, raising $174.14m (US$126.8m) YTD in funding from seven venture capital firms in the process including Sequoia Capital, 500 Startups and Quest Ventures.

“We still have a long way to go in realising our vision for Carousell,” Quek Siu Rui, Carousell’s co-founder and CEO, told Singapore Business Review in response to being branded as Singapore’s next possible unicorn. “Carousell’s purpose is to be more than just a transactional platform. Our end goal is to a grow a community of millions of people around the world who share our belief that changing the way we consume things can make life more meaningful.”


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