Bibit raises US$65M to scale its robo-advisory platform among Indonesia’s millennials

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Bibit.id, a robo-advisor startup in Indonesia, announced today it has raised US$65 million in a funding round led by Sequoia Capital India. Prosus Ventures (global consumer internet group), Tencent and Harvard Management Company, besides existing investors AC Ventures and East Ventures also joined the round. The money will be used for the launch of new products, tech development, to acquire talents,…
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