Indonesia’s Bukalapak said to be in talks to raise at least $100m in new funding

Photo: Bukalapak

Indonesian e-commerce unicorn Bukalapak is in talks with a number of investors to raise at least $100 million in fresh funding, according to two persons familiar with the development.

Existing investors GIC and Shinhan are expected to top up in this round of funding, having backed Bukalapak’s last Series F funding round in October last year at a $2.5 billion valuation.

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