From entrepreneur at 13 to heading a unicorn start-up: What drives Carro co-founder Aaron Tan

SMU alumnus Aaron Tan is the co-founder of online car marketplace Carro. He founded his first business at age 13 and is now heading the unicorn start-up which raised more than S$480 million in June. With its latest round of fundraising, it is looking to consolidate its hold in existing markets while expanding to new ones – possibly Vietnam, the Philippines, Taiwan and Cambodia. It is also eyeing an initial public offering in the United States in the next 18 to 24 months. Aaron shared how the COVID-19 pandemic presented one of the company’s worst crises, but soon turned into an opportunity for growth.