IFC also approved a $10-million loan for Singapore-based Aqua Expeditions for its Indonesia expansion.
Unicorns in Indonesia have been actively introducing new services to cater to the largest market in the region.
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.
The funding will be used to expand Outpost’s Apac footprint.
Sulistyo, who holds a degree in computer engineering, was earlier with event management platform Loket.
IPOs & Markets
As many as 5 out of113 registered P2P lending startups have obtained business licenses so far.
The startup secured a seed investment a year ago from Alpha JWC and Japan’s Genesia Ventures.
Tokopedia has picked up a 'significant stake' in Laku6 and the deal size is in the range of $5-$10 million.
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