In today’s briefing:
- Motorist refuels with new capital at $60m valuation
- Morning Views Asia: Alam Sutera Realty, Lippo Malls Indonesia Retail Trust, Vista Land & Lifescapes
Motorist refuels with new capital at $60m valuation
- Motorist Motorist, a Singapore-based automotive tech firm, has raised a strategic investment from Tokyo Century Leasing (Singapore), a subsidiary of the Japanese auto financing group.
- The startup did not disclose the round’s size but said that it was raised at a US$60 million valuation.
- Founded in 2015, Motorist facilitates vehicle-related transactions, including car valuations, second-hand car listings, and applications for loans and insurance.
Morning Views Asia: Alam Sutera Realty, Lippo Malls Indonesia Retail Trust, Vista Land & Lifescapes
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.