Indonesian e-commerce unicorn Tokopedia said to have invested in SiCepat

Photo: Tokopedia

Indonesian e-commerce unicorn Tokopedia has made a strategic investment in last-mile delivery company SiCepat to boost its logistics capabilities, according to multiple people familiar with the development.

The investment, DealStreetAsia’s sources said, was sealed last year as part of SiCepat’s Series A funding round, in which the company raised a total of $50 million – one of the largest Series A rounds sealed in the region.

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