Indonesia's housing backlog is estimated to be around 13.5 million units, with 800,000 units added every year.
IPOs & Markets
The company will use the IPO proceeds to meet working capital needs.
The new funding comes two years after the company raised its seed round in 2017.
Bukalapak has entered Malaysia through BukaGlobal that allows international customers to purchase products.
The latest financing marks the largest round raised by an Indonesian agritech company so far.
The startup plans to use the funding to add more vegetable hawkers as its partner.
Over 10,000 hours of video content will be available to Grab users, per a HOOQ statement.
The investment made by Vertex is part of RoomMe’s Series A funding round.
East Ventures-backed Fore Coffee and Alpha JWC investee Kopi Kenangan are in talks raise more capital.
Grab has launched a new transportation option GrabBajay.
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