<article><a href="https://www.dealstreetasia.com/tag/Qlapa">Qlapa</a>, an Indonesian online marketplace for handicrafts, has announced that it is shutting down after four years of operations.</article>

<a href="https://www.dealstreetasia.com/tag/Qlapa">Qlapa</a>, an Indonesian online marketplace for handicrafts, has announced that it is shutting down after four years of operations.
The announcement was made through a post on the company’s Instagram account, in which it admitted that it had been “unable to make Qlapa profitable and sustainable”.
“Looking back, we are grateful to have passed this extraordinary journey. Unfortunately for us, this romantic journey must end,” the company said.
Based in West Java, Qlapa brought together thousands of curated crafters from all over the country on its platform, selling 65,000 unique crafts items ranging from clothes, jewellery, bags, to wallets and home decor products.
Over the four years, the company said it has helped empower local craftsmen, channelling tens of billions of rupiah in sales to the merchants on its platform.
“We have played a role in promoting products made by Indonesian artisans. Our team has had a great time and we have tried to give our best,” the company said.
Founded in 2015, Qlapa raised its seed funding in early 2016 from Global Founders Capital (GFC), KLN, and angel investor Budi Setiadharma. It then secured its Series A funding a year later in a round led by Mumbai-based investor Aavishkaar through its Aavishkaar Frontier Funds (AFF).
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The announcement was made through a post on the company’s Instagram account, in which it admitted that it had been “unable to make Qlapa profitable and sustainable”.

Indonesia's handicrafts marketplace Qlapa announces shutdown

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