<article>Indonesia-based cosmetics and beauty e-commerce engine <a style="color: #000080;" href="http://www.sociolla.com/ S">Sociolla</a> has secured an undisclosed series A investment from <a style="color: #000080;" href="https://www.lippokarawaci.co.id/">Venturra Capital</a>&#8211;led consortium.</article>

Indonesia-based cosmetics and beauty e-commerce engine <a style="color: #000080;" href="http://www.sociolla.com/ S">Sociolla</a> has secured an undisclosed series A investment from <a style="color: #000080;" href="https://www.lippokarawaci.co.id/">Venturra Capital</a>&#8211;led consortium.
Venturra Capital said, <a style="color: #000080;" href="http://www.east.vc/">East Ventures </a> too had participated in the investment round.
When DEALSTREETASIA asked about the funding details, Sociolla CEO John Rasjid declined to disclose the amount. “As for the figures for the investment, we decided not to disclose,” he said.
Sociolla was established in March this year by John Rasjid and co-founders Christopher Madiam and Chrisanti Indiana.
Less than two weeks back, Venturra Capital announced its investment in Hong Kong-based Prenetics, a personalised &amp; precision medicine life sciences company.
The Sociolla deal marks the fund&#8217;s second known investment since its launch last month.
Sociolla currently has 140 brands available on offer. Visitors can shop by brand or by department, under the categories of makeup, skincare, haircare, nails, bath and body, accessories, fragrances, and gifts.
Socialla competes with <a style="color: #000080;" href="http://www.luxola.co.id/">Luxola Indonesia</a>, which currently has traffic of around 50,000 a month. Socialla already attracts a traffic of 25,000.
The newly-established e-commerce site has 19,700 Instagram followers compared to Luxola&#8217;s 16,300.
Venturra, Indonesia&#8217;s brand new venture capital firm sponsored by conglomerate <a style="color: #000080;" href="https://www.lippokarawaci.co.id/">Lippo Group</a>, has launched its $150-million Venturra Fund I to nurture technology and Internet businesses in South-east Asia.
As per its investment thesis, Venturra Capital will prioritise Indonesia and Southeast Asia and will invest in technology companies in the early growth stage. It will look at technology-based companies in the consumer needs, e-commerce, financial services, health care, and education sectors.
Also Read: <a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/lippo-group-backed-venturra-capital-launches-150m-vc-fund-to-invest-in-tech-internet-firms-in-se-asia-15013/">Lippo Group-backed Venturra Capital launches $150m VC fund; to invest in tech, internet firms in SE Asia</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/indonesia-health-service-startup-konsula-gets-seed-funding-from-east-ventures-14856/">Indonesia health service startup Konsula gets seed funding from East Ventures</a>
<a style="color: #ff0000;" href="http://www.dealstreetasia.com/stories/indonesia-lippo-backed-venturra-capital-invests-in-hk-precision-medicine-firm-prenetics-18496/" target="_blank">Indonesia: Venturra Capital invests in HK precision medicine firm Prenetics</a>

Indonesia-based cosmetic and beauty ecommerce Sociolla said that it has received undisclosed series A investment from Venturra Capital-led consortium.

Venturra Capital leads Series A investment in Indonesian online beauty platform Sociolla

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Venturra Capital leads Series A investment in Indonesian online beauty platform Sociolla

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