Carsome

Mei Han, CEO of Carsome Certified

The story: Malaysia-based car e-commerce platform Carsome has appointed Mei Han as the CEO of its B2C arm Carsome Certified.

The new role: As the CEO, Mei will focus on integrating and elevating consumer experience both online and offline by riding on Carsome’s product, tech and data capabilities.

Carsome Co-founder and Group CEO Eric Cheng commented that Mei’s appointment is crucial in Carsome’s bigger vision of expanding Carsome Certified in Southeast Asia. This arises from the company’s focus on vertical expansion from the consumer-to-business (C2B) to a B2C model in 2021, as part of Carsome’s “natural growth progression”.

His background: Prior to his current appointment, Mei was the Director of Platform Strategy in Carsome, responsible for product development and business intelligence.

What is Carsome: Launched in August last year, Carsome provides end-to-end solutions to consumers and used car dealers, from car inspection to ownership transfer to financing. The company currently transacts an annualised 70,000 cars totalling US$600 million in transacted value and has more than 1,000 employees.

Also Read: Carsome snags US$30M Series D to strengthen its C2B and B2C offerings

Lendlease announces two key hires

The story: Lendlease, an Australian property and investment group with a presence in Southeast Asia, has appointed Richard Kuppusamy as Head of Lendlease Digital (Asia).

Preetham Nadig has been appointed as VP Engineering of the digital unit and Head of Lendlease’s Singapore Product Development Centre.

The roles: Kuppusamy will oversee the leadership, management and performance of the digital business unit for the region, whereas Nadig will be responsible for driving Lendlease Podium’s product technology roadmap and the development of digital solutions for the built environment.

India’s solar analytics startup Prescinto raises US$3.5M seed

Investors: Venture Catalysts (lead), Mumbai Angels, Lets Venture and Inflection Point Ventures.

What is Prescinto: It is an IIOT and AI-powered clean energy SaaS platform that claims to increase solar power plant generation by 5 per cent.

Its AI identifies the root causes of the plant’s underperformance in real-time and helps in reducing costs of operation and maintenance. With an aim to increase clean energy without additional investment, the startup identifies and reduces the losses in the plant. This resulted in a return of 20X-50X for solar asset owners and operators in the first year itself.

Image Credit: Carsome

The post In brief: Carsome names new CEO for its B2C arm, Prescinto raises US$3.5M seed appeared first on e27.



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