1. Startup

Astro Quick Commerce Startup Scores 64 Billion Rupiah Funding, Providing 15 Minutes Delivery

Funding provided by Global Founders Capital, AC Ventures, Lightspeed Venture Partners, and Goodwater Capital

Astro quick commerce startup announced $4.5 million (over Rp64 billion) funding from a series of VCs, such as Global Founders Capital, AC Ventures, Lightspeed Venture Partners, and Goodwater Capital. Astro will use this fresh fund to build and strengthen the team, as well as expand the business area.

Astro was founded by Vincent Tjendra who previously worked at Tokopedia as AVP and started its operation since September 2021. Astro offers a quick commerce concept, selling more than 1,000 high quality products, ranging from daily necessities, such as snacks, vegetables, fresh fruit and over-the-counter medicines. Orders are scheduled to be received by consumers in 15 minutes at affordable and competitive prices.

Investors said that Astro provides the fastest delivery experience of quick commerce service for Indonesian consumers. It is also supported by a founding team with experience and expertise that synergizes to run quick commerce.

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