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E-commerce enabler startup SIRCLO today (07/4) announced its acquisition over Orami digital parenting platform. The value is not disclosed, but the objective is to combine the strengths of both services to provide end-to-end digital services and brand developers.
The agreement combines two companies that have served more than 100 thousand brands from the MSME to corporate scale, and reaches millions of consumers in 34 provinces in Indonesia.
In addition, this action will combine nearly 1000 employees; Orami will continue to operate as an independent entity integrated with the SIRCLO service. Ferry Tenka (CEO Orami) will take on a new position as SIRCLO's Chief Marketing Officer and Hendrawan Kartika (President Orami) as SIRCLO's Chief Financial Officer.
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