1. Startup

TADA Announces Series B1 Funding, to Enhance Business in Southeast Asia

Led by MDI Ventures with the participation of TMI, Finch Capital and Sovereign’s Capital

TADA, a customer retention platform startup, announced the series B1 funding. This investment round was led by MDI Ventures, with the participation of Telkomsel Mitra Inovasi (TMI) and the previous investors Finch Capital and Sovereign's Capital.

In addition to upgrading the technology platform and infrastructure, TADA will use the funds to strengthen its position in Indonesia while expanding its strategy arund Southeast Asia. In addition, team building and partnerships will be intensified to support expansion.

Based on our records, TADA's series B round was first announced in mid-2018, led by Finch Capital and supported by Sovereign's Capital. In the previous round, TADA was supported by some investors, including RMK Ventures, SMDV, Venturra Capital, and Gunung Sewu Group.

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