Indonesian used-cars marketplace Moladin raising $95m led by DST Global

Indonesian used-cars marketplace Moladin raising $95m led by DST Global

Moladin Launch

Moladin, an Indonesia-based marketplace for used cars and motorbikes, is finalising a $95 million Series B round from both new and existing investors, sources privy to the development told DealStreetAsia.

While billionaire Yuri Milner’s DST Global is understood to have come in as a new investor to lead the round, existing backers such as Northstar Group, Sequoia Capital and Global Founders Capital (GFC) have also pumped in capital, the sources added.

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