The investment made by Vertex is part of RoomMe’s Series A funding round.
Q & A
Tanjo attributes the interest in Moka to the opportunities that are starting to become apparent in Indonesia’s SME market, which is seen as the back
The company had raised $25 million in a SoftBank Ventures Asia-led round last year.
The company will use the capital to advance its AI-powered digital therapeutics platform.
The platform is backed by Canada Pension Plan Investment Board (CPPIB) and Ivanhoé Cambridge.
It is the country’s first e-commerce company to open its platform to foreign markets.
Sayurbox is the latest niche e-commerce company that Tokopedia has been in talks with.
GOJEK has already launched its services in Vietnam, Thailand and Singapore.
The startup secured a seed investment a year ago from Alpha JWC and Japan’s Genesia Ventures.
The owners of the luxury shoe brand have put the company up for sale for $500 million.
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