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GudangAda Closes Series B Round with 1.49 Trillion Rupiah Funding
This investment was led by Asia Partners and Falcon Edge with the participation of previous investors: brought a total $135 million funding
Corry Anestia - 22 July 2021
The B2B marketplace platform for FMCG, GudangAda, has secured another investment of $100 million or around 1.49 trillion rupiah. This is a series B funding round led by Asia Partners and Falcon Edge.
Also, Sequoia Capital India, Alpha JWC Ventures, and Wavemake Partners are participated in this funding. For GudangAda, this investment has exceeded its initial target, which was $75 million. With the additional funding, GudangAda has now raised a total investment of up to $135 million.
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