1. Startup

Sirclo Reportedly Scores Additional Funding of 213 Billion Rupiah

Participated also some previous investors, including East Ventures, SMDV, and OCBC NISP Ventura

The e-commerce enabler startup Sirclo reportedly secured an additional funding round of $15 million, equivalent to 213.6 billion Rupiah. A series of investors participated in this investment, including East Ventures, SMDV, OCBC NISP Ventura, and several others.

Although Sirco is yet to comment on this news, a trusted source involved in this round has confirmed to DailySocial.id.

Previously, there was a rumor in May 2021 regarding Sirclo's $45 million series B+ funding from the investors mentioned above. At that time, East Ventures' Managing Partner, Willson Cuaca said that the information was actually part of Sirclo's acquisition of Orami. "Let's say it's a part of the acquisition process," he said

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