Indonesia’s media conglomerate Emtek, a long-time backer in the firm, joined the round.
Creador had acquired 100% stake in Simba Food from Godrej Consumer Products for $35 million.
Aruna is understood to have secured funding in the sub-$5-million range.
The value of online deals in areas from internet retail to car-hailing should reach $300 billion by 2025.
Venture builder BlueChilli has announced its first cohort of startups as part of its healthtech accelerator programme.
Q & A
There will be a point when certain verticals may need their own sets of shareholders and governance, he said.
DSS may lean towards roping in a strategic partner instead of PE funds or other investment firms.
Grab has partnered Bandung Institute of Technology to conduct research and development for electric-based transportation.
Condicion resigned from her role due to "differences on how to take the company forward".
The move follows a similar strategy carried out by fellow rival Bukalapak.
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