The Hindu·2 min read·medium

Carro secures strategic investment from Orico

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Carro secures strategic investment from Orico
AI Summary

Carro, an online car marketplace, has secured a strategic investment from Japanese financial services firm Orico. The partnership aims to integrate digital vehicle commerce with financial services across Japan, Thailand, and Indonesia.

Why it matters

This collaboration highlights the growing trend of integrating AI-driven credit assessment and digital financing into the automotive retail sector in Asia.

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SINGAPORE , Sept. 18, 2026 /PRNewswire/ -- Carro, a leading online car marketplace in the Asia Pacific (excluding China and India), has announced a round of strategic investment by Orient Corporation ("Orico"), a major Japanese consumer credit and financial services company. Through this investment, Orico will act as a strategic partner to Carro and will, as a first step, advance collaboration in the automotive financing and related businesses in Japan, Thailand and Indonesia – the markets in which both companies operate.

"We're excited to partner with Orico and integrate our digital vehicle commerce with their financial services, creating a more seamless experience for both our retail consumers and wholesale dealers," says Carro Co-founder and Group CEO Aaron Tan .

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