Data Vantage: Warung Pintar, Believe, Mediaload and Ninja Van allot new shares

Data Vantage: Warung Pintar, Believe, Mediaload and Ninja Van allot new shares

Warung Pintar, an Indonesian startup promoting digital transformation for small and midsize family-owned retail shops, allotted new shares worth $42.7 million last week to a group of investors, including East Ventures and Ardent Capital.

The shares were issued at the same price as Warung Pintar’s Series B round, according to DATA VANTAGE. E-commerce enabler SIRCLO had announced the acquisition of Warung Pintar in January this year.

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