Indonesia: Gadjian gets funding from Golden Gate, Maloekoe Ventures

Gadjian's website screenshot

Gadjian, an Indonesian software company specializing in human resources management tools and payroll, has raised an undisclosed round of financing led by Golden Gate Ventures. Indonesia-based VC firm Maloekoe Ventures was also reported to have participated in the round.

The company said that the funds will be used for hiring new employees and improve marketing, as it explores opportunities to expand beyond Jakarta into Bandung. It currently has over a dozen companies with more than 300 employees using their software.

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