GudangAda raises US$100M+ in an oversubscribed Series B funding round

GudangAda CEO Stevensang GudangAda, the Indonesia-based e-commerce startup that works with SMEs, today announced that it has raised US$100 million in a Series B funding round led by Asia Partners and Falcon Edge. The funding round also included the participation of existing investors Sequoia Capital India, Alpha JWC, and Wavemaker. GudangAda stated that the funding round was oversubscribed as it…
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