Social Bella snags US$56M to further expand its beauty-tech biz across SEA

Social Bella, an Indonesian beauty-tech company, has raised approximately US$56 million (IDR 818 billion) in a round led by L Catterton. This round also marks the US-based PE firm’s maiden investment in Indonesia. Indies Capital, along with existing investors East Ventures and Jungle Ventures, also participated. Social Bella intends to use the newly raised capital for product innovation and continued…
« Previous post: | Next post: »