Indonesia: Elevenia raises $50m from XL Axiata, SK Planet

Indonesia: Elevenia raises $50m from XL Axiata, SK Planet

CEO Elevenia James Lee - Photo by Elevania

Online e-commerce portal Elevenia has raised $50 million in its latest funding round led by Indonesia’s second largest mobile operator PT XL Axiata Tbk, with participation from SK Planet — a subsidiary of South Korea’s largest mobile carrier SK Telecom.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter