Indonesian B2B marketplace Ula raises another $23m in Series B funding

A warung owner in Malang. Photo: Ula

Jakarta-based B2B marketplace Ula on Tuesday announced it has raised an additional $23.1 million in Series B funding from Tiger Global and Flipkart co-founder Binny Bansal.

The company had in October raised $87 million in the round co-led by Prosus Ventures, Tencent and B Capital. Jeff Bezos’s Bezos Expeditions, Northstar Group, AC Ventures, and Citius had also participated in the round.

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