Indonesia's SiCepat secures $60m from Falcon House, close to sealing $100m Series B round

Indonesian last-mile delivery startup SiCepat Ekspres is understood to have finalised an over $100-million Series B fundraising with Falcon House Partners leading the round with an investment of $60 million. 

“Falcon House Partners is pleased to confirm that we have partnered with Onstar Express Pte. Ltd., leading the company’s Series B fundraise with a $60 million investment. Onstar, through its SiCepat subsidiary, has built an innovative and highly successful business. We look forward to collaborating with the founders and other investors and stakeholders in the company’s next phase of growth,” according to a Falcon House spokesperson.

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