Indonesian quick commerce startup Astro trains sights on monetisation, path to profitability

Indonesian quick commerce startup Astro trains sights on monetisation, path to profitability

Photo: Astro

Having raised a war chest before the tide turned and liquidity tightened, Jakarta-based quick delivery commerce startup Astro is bucking the difficulties faced by its peers and rivals and is now setting its sights on making money, CEO and co-founder Vincent Tjendra told DealStreetAsia.

Astro, backed by investors including Tiger Global and Accel, has about three years’ of cash runway, Tjendra said.

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