Indonesia's BukuKas raises $80m, plans foray in other SE Asian nations

Krishnan Menon, Lummo co-founder and CEO

Indonesia’s BukuKas, which has changed its name to Lummo, has raised $80 million in its Series C funding round led by new investor Tiger Global Management and existing backer Sequoia Capital India, per an announcement.

The round is also joined by CapitalG, the independent growth fund of Google parent company Alphabet, NuvemShop CEO Santiago Sosa, former Lazada CEO Maximilian Bittner, and some angel investors.

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