Indonesian robo-advisor Bibit raises new funds from Sequoia India, Tencent

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Robo-advisor Bibit.id on Monday announced that it has raised USD 65 million in a funding round led by Sequoia Capital India. The company welcomed Tencent as a new investor, along with Prosus Ventures and Harvard’s endowment fund. AC Ventures and East Ventures are existing backers. ​​​​Bibit was launched in 2019 by Stockbit, a platform where investors share news and ideas.…
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