Indonesian social commerce platform Super bags $70m led by NEA

Indonesian social commerce platform Super bags $70m led by NEA

Super co-founding team

Indonesian social commerce platform Super has raised $70 million in a Series C round led by the US venture capital firm New Enterprise Associates (NEA), according to a statement on Thursday.

Institutional investors Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, and TNB Aura also participated in the funding round alongside Bain Capital’s chairman Stephen Pagliuca; Eric Feng, the former general partner of Kleiner Perkins; and Moses Lo, the CEO of Indonesian unicorn Xendit.

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