Indonesian B2B marketplace Ralali bags $7m fresh funding led by SBI, Addventures, Digital Garage

Ralali

Indonesian online B2B marketplace Ralali said it had raised $7 million in a funding round led by Japan’s SBI Group, Southeast Asian VC Addventures and global incubator Digital Garage, confirming a report by this portal in July.

The fresh fund will be used to accelerate Ralali.com’s mission to serve Indonesia’s 30 million SMEs and expansion towards global market by providing wider business segments solutions, the startup said in a release.

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