1. Startup

BukuWarung Scores New Funding; Officially Launches Tokoko App

Funding was raised from Rocketship.vc, some retail companies, and angel investors

BukuWarung, a fintech startup providing an app for digitizing MSMEs today (03/2) announced the acquisition of new funding from Rocketship.vc. Participated also in this round some retail companies in Indonesia and angel investors - undisclosed. Although the value was not announced, the current nominal is said to be greater than the previous rounds.

Previously, after the demo day of Y Combinator accelerator programs in September 2020, BukuWarung has received funding from some investors, including Partners of DST Global, GMO Venture Partners, Soma Capital, HOF Capital, VentureSouq, and other angel investors.

BukuWarung plans to use the investment fund to expand its technology and product teams in Indonesia, India, and Singapore, therefore, the company can launch more products and features to digitize MSMEs in Indonesia. This year, the company aims to launch monetizing products such as credit and expand payment solution features.

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