Indonesia's BukuWarung raises $60m led by Valar Ventures, Goodwater Capital


BukuWarung, an Indonesian fintech startup that helps micro-SMEs (MSMEs) digitise their businesses, has raised $60 million in its Series A round, led by US-based VC firms Valar Ventures and Goodwater Capital, confirming an earlier story done by DealStreetAsia.

In April, we had reported about the development that marks Valar’s first funding in the archipelago. The VC fund backed by PayPal co-founder Peter Thiel earlier made headlines in March when it clocked its first investment in India, thereby backing the seed round of fintech startup Velocity.

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