Exclusive: Indonesia's Fabelio, Kargo.co.id seeking investors for next fundraise

Exclusive: Indonesia's Fabelio, Kargo.co.id seeking investors for next fundraise

Photo: Fabelio website

Jakarta-based niche e-commerce startups — online furniture marketplace Fabelio and on-demand logistics platform Kargo.co.id — are on a fundraising trail.

Fabelio is in talks with potential investors to finalise its Series B funding, according to two people familiar with the development. The company is likely to raise more than $5 million in the round and its existing investors are likely to participate, the sources said.

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