Indonesian online furniture retailer Fabelio raises $9m in Series C1 funding

Photo: Fabelio

Indonesian online furniture retailer Fabelio has raised $9 million as part of its ongoing Series C round led by Taiwanese venture firm AppWorks, Telkom Group-backed MDI Ventures and Endeavour Catalyst.

Existing investor Aavishkaar Capital also contributed to the round. With this, the startup has raised a total of $20 million to date. The startup raised a $6.5 million Series B round led by Aavishkaar Frontier Fund last year.

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