NAMA Beauty Receives 71 Billion Rupiah Funding from AC Ventures, SiCepat and DMMX

D2C startup "NAMA Beauty" received $5 million seed funding or equivalent to 71.1 billion Rupiah. This round was led by AC Ventures, supported by SiCepat Ekspres and DMMX. The company is led by the actress Luna Maya, co-founded by Marcel Lukman since 2019. NAMA Beauty is a D2C brand developer for skin care and beauty products.

"We feel grateful and blessed with the trust and support from AC Ventures, SiCepat, and DMMX, including all partners and teams. This is the right and promising momentum for Indonesia. We believe this synergy can help us to grow together and optimize opportunities and the current momentum," NAMA Beauty's CEO, Luna Maya said.

In addition to capital support, SiCepat and DMMX will become distribution partners. It includes utilizing the Sampoerna Retail Community (SRC) network across 20 cities and starting selling products on digital trading platforms. SiCepat will also be the main logistics partner in delivering NAMA products to consumers.