Carsome names Nick Nash, others to new advisory board

Malaysia-based car marketplace Carsome announced that it has appointed a new advisory board, which aims to help accelerate the company’s regional expansion and growth.

Photo credit: Carsome

The board currently has four members: Nicholas Nash, managing partner and co-founder of Asia Partners; Harish Bahl, founder of Smile Group; Pandu Sjahrir, managing partner of Indies Capital; and Dan Neary, vice president of Meta Asia Pacific. Nash will also serve as board chairman.

Carsome said the advisory board’s experience in scaling tech companies across Southeast Asia will help it refine its decision-making capability as well as place the company’s next step on firmer ground.

“We are confident that their expertise, experience, and network will invaluably help in Carsome’s mission to deliver trust, choice, and transparency to our customers across the car transaction and ownership experiences across Southeast Asia,” said Eric Cheng, Carsome co-founder and CEO, in a statement.

See also: Inside Carsome’s and Carro’s all-out war in Malaysia

Founded in 2015 by Eric Cheng and Jiun Ee Teoh, Carsome is the first tech unicorn in Malaysia. It is one of Southeast Asia’s largest automotive ecommerce platforms, having already expanded to Indonesia, Thailand, and Singapore.

In January, it raised US$290 million in a round led by 65 Equity Partners, SeaTown Holdings, and Qatar Investment Authority, which brought the car marketplace’s total valuation to roughly US$1.7 billion.