Carro and Intellect Secure Strategic Investments

Singapore's Carro won a strategic investment from Japan's Orient Corporation to collaborate on automotive financing in Japan, Thailand and Indonesia. Separately, workplace mental health platform Intellect received funding from Ricoh's new 3-billion-yen corporate venture fund, its first deal. Both amounts were undisclosed. Carro has raised over S$700 million; Intellect serves 4 million users across 100 countries.