Indonesia's Sociolla raises $12m in fresh funding led by EV Growth

Indonesia's Sociolla raises $12m in fresh funding led by EV Growth

Indonesian beauty e-commerce and social platform startup Sociolla has announced the closing of a $12-million funding round led by EV Growth, a new fund established by East Ventures, Sinar Mas Digital Ventures and Yahoo Japan’s YJ Capital.

The round was joined by existing investor istyle and an undisclosed institutional investor from Singapore, the startup said in a statement.

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