Indonesia: NIDA Rooms gets $5.6m in Shanda Group-led series A

Indonesia: NIDA Rooms gets $5.6m in Shanda Group-led series A

Photo by NIDA Rooms

Budget hotels platform NIDA Rooms announced today that it has secured $5.6 million in a series A funding round led by private investment firm Shanda Group. Other Southeast Asian investors also participated in the round, the company said.

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