About CarsDB
CarsDB is a company based in Yangon (Myanmar) founded in 2012 was acquired by iMyanmarHouse in August 2023.. CarsDB has raised $860 thousand across 4 funding rounds from investors including iMyanmarHouse, Frontier Digital Ventures and EME. CarsDB offers products and services including Car Listings Platform, Tax Calculator, and Insurance Premium Calculator. CarsDB operates in a competitive market with competitors including Motors Myanmar, AutoZayy and Kiwi Auction, among others.
- Headquarter Yangon, Myanmar
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$860 K (USD)
in 4 rounds
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Latest Funding Round
$700 K (USD), Seed
Nov 15, 2018
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Investors
iMyanmarHouse
& 2 more
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Employee Count
Employee Count
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Acquired by
iMyanmarHouse
(Aug 30, 2023)
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Products & Services of CarsDB
CarsDB offers a comprehensive portfolio of products and services, including Car Listings Platform, Tax Calculator, and Insurance Premium Calculator. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Service for searching and listing cars for sale online
Tool to calculate car import taxes and costs
Calculator for estimating vehicle insurance premiums
Funding Insights of CarsDB
CarsDB has successfully raised a total of $860K across 4 strategic funding rounds. The most recent funding activity was a Seed round of $700 thousand completed in November 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Seed — $700,000
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First Round
First Round
(01 Jun 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Seed - CarsDB | Valuation |
investors |
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| Nov, 2018 | Amount | Seed - CarsDB | Valuation | Emerging Markets Entrepreneurs |
|
| Dec, 2014 | Amount | Seed - CarsDB | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CarsDB
CarsDB has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include iMyanmarHouse, Frontier Digital Ventures and EME. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage venture capital investments are made in Myanmar startups.
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Founded Year | Domain | Location | |
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Private equity firm
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Founded Year | Domain | Location | |
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Online listing platform for real estate properties
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CarsDB
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CarsDB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Carsdb Comparisons
Competitors of CarsDB
CarsDB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Motors Myanmar, AutoZayy and Kiwi Auction, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides an online platform for listing and selling automotive vehicles.
|
|
| domain | founded_year | HQ Location |
Connects car buyers and sellers through an online marketplace.
|
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| domain | founded_year | HQ Location |
Operates a complete ecosystem for auctioning used automobiles.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Carsdb
Frequently Asked Questions about CarsDB
When was CarsDB founded?
CarsDB was founded in 2012.
Where is CarsDB located?
CarsDB is headquartered in Yangon, Myanmar. It is registered at Yangon, Yangon Region, Myanmar.
Is CarsDB a funded company?
CarsDB is a funded company, having raised a total of $860K across 4 funding rounds to date.
What does CarsDB do?
CarsDB was founded in 2012 in Yangon, Myanmar, as a platform in the automotive sector focused on used car listings. Listings are enabled for professional dealers and individual sellers in a direct-to-consumer model. Tools like a car price calculator are included, along with sections for the latest car news. Operations remain confined to Myanmar, with availability noted as of December 2015.
Who are the top competitors of CarsDB?
CarsDB's top competitors include Motors Myanmar, AutoZayy and Kiwi Auction.
What products or services does CarsDB offer?
CarsDB offers Car Listings Platform, Tax Calculator, and Insurance Premium Calculator.
Who are CarsDB's investors?
CarsDB has 3 investors. Key investors include iMyanmarHouse, Frontier Digital Ventures, and EME.