Asia Digest: Indo startup Base raises $6m; Purpose Venture Capital scores $10m

Asia Digest: Indo startup Base raises $6m; Purpose Venture Capital scores $10m

Photo: Bloomberg

Indonesia-based D2C startup Base raised $6 million in a Series A round, while Singapore-based venture investor Purpose Venture Capital secured its first commitment at $10 million.

Indonesian startup Base raises $6m in Series A

Indonesian direct-to-consumer beauty and wellness startup Base announced raising $6 million in a Series A funding round anchored by Rakuten Ventures, the venture capital arm of Japan-based internet giant Rakuten.

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