After news circulated about an additional funding round, Sirclo today (10/9) officially announced the $36 million additional funding or equivalent to 512 billion Rupiah led by East Ventures and Saratoga. Another investor participated in this round is Traveloka.

In the official release, it is said that this funding will be used to develop the technological capabilities offered and to accelerate retail digitalization for various businesses in Indonesia. During the pandemic, the company claimed to gain momentum to improve its economic unit and was already at the profitability stage.