Indonesian online marketplace Jualo secures Series A investment from NSI Ventures

Indonesian online marketplace Jualo, launched in January 2014 by Chaim Fetter, has secured a Series A investment in a round led by NSI Ventures.

Existing investor Alpha JWC Ventures also participated in the transaction. While the specific financial terms were undisclosed, Fetter hinted in email communications to the press that it was a multi-million dollar investment. The investment will finance talent acquisition and expansion to other regional countries, such as the Philippines, Vietnam, Thailand and Malaysia.

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