Indonesia's Ula in talks with Prosus Ventures, Tencent to raise up to $100m in funding

Indonesia's Ula in talks with Prosus Ventures, Tencent to raise up to $100m in funding

Left to right: Ula’s founders Riky Tenggara (co-founder and COO), Derry Sakti (co-founder and CCO), Nipun Mehra (co-founder and CEO), Alan Wong (co-founder and CTO)

Venture capital firm Prosus Ventures and China’s Tencent Holdings are in advanced talks to lead Jakarta-headquartered wholesale e-commerce marketplace Ula’s latest funding round, sources familiar with the matter told DealStreetAsia.

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