Indonesian used-vehicle marketplace Moladin announces $42m Series A fundraising

REUTERS

Moladin, an Indonesian marketplace for used cars and motorbikes, has announced the close of its $42 million Series A funding round, a day after DealStreetAsia first reported the story.

The round was co-led by Northstar Group and Sequoia Capital India, with participation from East Ventures, Global Founders Capital, and K3 Ventures, the company said in a statement on Tuesday.

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