Indonesian beauty tech startup Social Bella, known for its e-commerce brand Sociolla, has raised some $50 million in a round co-led by private equity firm L Catterton Asia and Singapore state investor Temasek Holdings, DealStreetAsia learnt.
The funding, about a third of the capital Social Bella is understood to have originally set out to raise, will come to the company in two tranches, sources said without divulging details.
