Indonesia: Berrybenka secures funding in round led by Maj Invest

Indonesia: Berrybenka secures funding in round led by Maj Invest

Photo from Berrybenka Facebook page.

Indonesian fashion e-commerce platform Berrybenka announced on Thursday that the company has secured an “eight-digit” US dollar fresh investment from institutional investors Maj Invest Private Equity, Asia Summit Capital, and Softbank-Indosat Fund. Several undisclosed local investors also participated in the round.

The firm had raised $5 million in a Series B round of funding in 2013.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter