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Carousell Group

Carousell Group

Private
SingaporeConsumer & Commercehttps://carousell.com/

Last Round

Series E

Extension

Sep 4, 2023

Est. Valuation

$1.1B

Total Funding Raised

$385.61M

Momentum

Top 50%

of companies Caplight tracks

Company Overview

Carousell Group is an e-commerce company that operates a multi-category platform for secondhand goods in Greater Southeast Asia.

Sector

Consumer & Commerce

Verticals

E-commerce, Social Commerce, Circular Economy, Real Estate Marketplaces, Digital Advertising

Business Model

B2C

Customer Profile

Marketplace Commission, Freemium, Payment Processing Fee, Subscription SaaS

AI Layer

Application

Keywords

classifieds marketplaceonline marketplacesecond-hand goodscircular economyC2C marketplaceresale platformmobile marketplacethrift apppre-owned goodsB2C marketplacemarketplace appsocial commercedigital advertisinginventory managementSME tools

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Carousell Group Comparables

Compare Carousell Group with similar companies based on industry and business-model similarity.

Carousell Group comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
OfferUp
79%
Saltside Technologies
78%
Mercari
78%

Carousell Group Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series E ExtensionSep 4, 2023
Series E ExtensionNov 11, 2021
Series ESep 15, 2021
Series DSep 15, 2020
M&ANov 21, 2019
Strategic
Apr 10, 2019

Key People

Founding team and executive leadership

carousell chi sin lo

Chief Executive Officer

Executive Team

Fynn Fauvet

Management Associate Strategic Projects CEO Founders Office

Founding Team

Gaurav Bhasin

Group Head Autos, Chief Sustainability Officer, CEO Malaysia

Executive Team

Siu Rui Quek

Co-founder, CEO

Founding Team

Carousell Group Investors

Notable investors and investment history

Carousell Group investors
InvestorRounds
STIC InvestmentsSeries E
NaspersStrategic
Mirae AssetSeries D
Peak XV PartnersSeries B, Series C, Series A
Golden Gate VenturesSeed, Series B, Series A, Series C
500 GlobalSeed, Series B, Series A, Series C
EDBISeries C

Market signals

Structured signals derived from secondary market and firmographic data.

  • Apr 3, 2026

    Collaborating with SPX Express Private Limited on delivery services.

  • Apr 2, 2025

    Launched Buyer Magnet with no upfront fees.

Recent news

Latest coverage and updates

  • partners_withAug 19, 2026

    Carousell partnered with SPX on Aug 19th '26.

Carousell Group Filings

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Carousell Group filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Carousell Group's valuation, stock price, and market status.

Is Carousell Group a public or private company?

Carousell Group is a private company.

What is the current stock price of Carousell Group?

Carousell Group is a private company with no public stock price. No recent secondary market data is available.

How much is Carousell Group worth (valuation)?

Carousell Group's valuation is estimated at $1.1B based on funding round data.

Can I buy Carousell Group stock?

Carousell Group shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Carousell Group's last funding round?

Carousell Group's most recent funding round was VC Round on November 11, 2021.

Who are the main investors in Carousell Group?

Key investors in Carousell Group include EDBI, Rakuten Ventures, STIC Investments, Sequoia Capital India.

Will Carousell Group IPO soon?

No public IPO plans have been announced for Carousell Group.

How can I track Carousell Group secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Carousell Group's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSingapore
Employee Range1,232
Year Founded2012
Last FundingSep 4, 2023

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