Indonesian fintech startup Bareksa targets to close Series B by July

Bareksa co-founder and chairman Karaniya Dharmasaputra

Bareksa, a mutual fund marketplace platform in Indonesia, is in advanced talks with a host of investors to close its Series B funding round over the next few weeks, a top executive said.

“Hopefully we will close the [Series B] funding after Eid celebrations in June or in July. Initially, there were several interested partners [to invest for Series B round] but currently, we are discussing with strategic investors, including one local investor and a foreign one,” Bareksa president director Karaniya Dharmasaputra told DEALSTREETASIA without disclosing how much the firm is seeking to raise.

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