SoftBank-backed Carro said to gear up for billion-dollar IPO plan

SoftBank-backed Carro said to gear up for billion-dollar IPO plan

Photo: Carro's LinkedIn page

Southeast Asian unicorn Carro is said to be preparing for an imminent initial public offering that could offer a glimmer of hope for venture capital funds scrambling for liquidity in one of the bleakest exit environments in the region.

Edited by: Padma Priya