Lemonilo Confirmed as a Centaur, Entering the List of Indonesia's Startups with Valuation Exceeded $100 Million

The new economy startup, a healthy food products developer, Lemonilo, recently secured a series B funding. The new round has further strengthened the its valuation, listed the company as one of the centaurs. According to our source, Lemonilo's estimated valuation has reached around $300 million or equivalent to 4.3 trillion Rupiah.

Regarding Lemonilo's entry into the centaur list, it is also confirmed by one of the participated investors in the investment round.

Lemonilo's current list of investors includes Alpha JWC Ventures, Unifam Capital, and Seqouia Capital. Previously, East Ventures was also involved in the seed funding, but already exited.