ASEAN Insight Provider, CrossASEAN Research

Angus Mackintosh

ASEAN Insight Provider

CrossASEAN Research

At CrossASEAN Research we strive to produce unbiased and differentiated on the ground insights on companies across South East Asia. Our Research is produced for the most part after face to face meetings and conversations with company management to dig deep into the long term vision and strategy of the companies we cover. We seek to deliver investable and actionable themes on sectors and markets across SE Asia, often in collaboration with other Insight Providers across the region, pooling the vast experience of the analysts within the Smartkarma Ecosystem. We also offer bespoke work and tailor made trips for our clients. 

Insights across South East Asia

Equity Bottom-Up

Saratoga Investama Sedaya / Equity Bottom-Up

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<a href="https://www.smartkarma.com/entities/saratoga-investama-sedaya-tbk-pt" target="_blank" data-smartkarma-citation="entities:13714:1" rel="noopener">Saratoga Investama Sedaya (SRTG IJ)</a> is the leading listed investment company with stakes in a number of leading companies across sectors in Indonesia with some of the highest growth potential.</li>
<li>Investments include stakes in <a href="https://www.smartkarma.com/entities/adaro-energy-tbk-pt" target="_blank" data-smartkarma-citation="entities:6061:1" rel="noopener">Adaro Energy</a>, <a href="https://www.smartkarma.com/entities/merdeka-copper-gold-tbk-pt" target="_blank" data-smartkarma-citation="entities:28447:1" rel="noopener">Merdeka Copper Gold, </a><a href="https://www.smartkarma.com/entities/tower-bersama-infrastructure" target="_blank" data-smartkarma-citation="entities:3537:1" rel="noopener">Tower Bersama Infrastructure</a>, <a href="https://www.smartkarma.com/entities/mitra-pinasthika-mustika-tbk-pt" target="_blank" data-smartkarma-citation="entities:13619:1" rel="noopener">Mitra Pinasthika Mustika</a>, and <a href="https://www.smartkarma.com/entities/pt-aneka-gas-industri" target="_blank" data-smartkarma-citation="entities:23564:1" rel="noopener">Aneka Gas (AGII IJ)</a>, and a number of tech companies providing unique thematic exposure.</li>
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<a href="https://www.smartkarma.com/entities/saratoga-investama-sedaya-tbk-pt" target="_blank" data-smartkarma-citation="entities:13714:1" rel="noopener">Saratoga Investama Sedaya (SRTG IJ)</a> provides a one-stop shop to get well-rounded exposure to high-growth areas of the Indonesian economy and to early-stage growth companies in the digital space.</li>
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Saratoga Investama Sedaya (SRTG IJ) is the leading listed investment company with stakes in a number of leading companies across sectors in Indonesia with some of the highest growth potential.
Investments include stakes in Adaro Energy, Merdeka Copper Gold, Tower Bersama Infrastructure, Mitra Pinasthika Mustika, and Aneka Gas (AGII IJ), and a number of tech companies providing unique thematic exposure.

Saratoga Investama Sedaya (SRTG IJ) provides a one-stop shop to get well-rounded exposure to high-growth areas of the Indonesian economy and to early-stage growth companies in the digital space.


Saratoga Investama Sedaya (SRTG IJ) - A World of Indonesian Themes

Insurance & Central Asia-focused Analyst, KT Capital Group

Alec Tseung

Insurance & Central Asia-focused Analyst

KT Capital Group

Principal investments and advisory firm that focuses on connecting the CIS countries with East Asia.

Principal investments and advisory firm

Private Capital Markets

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<li>An online used car marketplace in Singapore that offers full-stack services across a customer’s car ownership lifecycle.</li>
<li>The company facilitated an annual run-rate GMV of ~S$1 billion (with &gt;2 million MAUs) in 2020 and managed to earn a revenue of c. $465m in FY21.</li>
<li>It reached unicorn status in the previous round of fund raise in Jun 2021 and has started preparing for an IPO internally.</li>
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An online used car marketplace in Singapore that offers full-stack services across a customer’s car ownership lifecycle.
The company facilitated an annual run-rate GMV of ~S$1 billion (with &gt;2 million MAUs) in 2020 and managed to earn a revenue of c. $465m in FY21.
It reached unicorn status in the previous round of fund raise in Jun 2021 and has started preparing for an IPO internally.


Carro: Southeast Asia's Leading Used Car Marketplace

Research from Tech in Asia, Tech in Asia

Tech in Asia

Research from Tech in Asia

Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

News from Tech in Asia

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<p>Singapore-based Carro more than doubled its revenue in its latest financial year, raking in more than S$650 million (US$464.2 million) in revenue.</p>
<figure class="editor-figure mceNonEditable"></figure>
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<li>The used-car platform, which also achieved profitability in FY 2021, said it is tracking at over US$930 million in run-rate revenue. It expects to see another 2x growth in revenue for FY 2023.</li>
<li>Aaron Tan, co-founder and CEO of Carro, attributed the firm’s profitability to its focus on online retailing and machine learning.</li>
</ul>



Singapore-based Carro more than doubled its revenue in its latest financial year, raking in more than S$650 million (US$464.2 million) in revenue.


The used-car platform, which also achieved profitability in FY 2021, said it is tracking at over US$930 million in run-rate revenue. It expects to see another 2x growth in revenue for FY 2023.
Aaron Tan, co-founder and CEO of Carro, attributed the firm’s profitability to its focus on online retailing and machine learning.


Carro Sees Profitability, Doubles Revenue to $464m

Singapore

Trusty Cars Pte. Ltd., doing business as Carro, retails automobiles and accessories. The Company offers passenger cars, vans, and sports utility vehicles, as well as provides automobiles finance and leasing services. Carro serves clients in Southeast Asia.

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Carro (1340357D SP)

Saratoga Investama Sedaya (SRTG IJ) - A World of Indonesian Themes

Saratoga Investama Sedaya (SRTG IJ) provides a one-stop shop to get well-rounded exposure to high-growth areas of the Indonesian economy and...

Angus Mackintosh

Carro: Southeast Asia's Leading Used Car Marketplace

One of the largest used car online platforms in Southeast Asia which is more than a marketplace as it successfully builds an ecosystem of services...

Alec Tseung

Carro Sees Profitability, Doubles Revenue to $464m

Singapore-based Carro more than doubled its revenue in its latest financial year, raking in more than S$650 million (US$464.2 million) in revenue.

Tech in Asia

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