KitaBeli is bringing e-commerce to Indonesia’s small cities
https://techcrunch.com/2022/07/17/kitabeli-is-bringing-e-commerce-to-indonesias-small-cities/
Complicated supply chains mean that consumers in Tier 1 and Tier 2 Indonesian cities often end up paying more for goods than their peers in large cities, like Jakarta. KitaBeli is on a mission to change that, with its own distribution network and a direct-to-consumer social commerce app. Today the startup announced that it has raised $20 million in fresh funding led by Glade Brook Capital Partners, along with participation from returning investors AC Ventures and GoVentures, and new backer InnoVen Capital.
TechCrunch covered KitaBeli’s last raise, a $10 million Series A, in March 2021.
KitaBeli is bringing e-commerce to Indonesia’s small cities
Jul 18, 2022, 3:17am UTC
https://techcrunch.com/2022/07/17/kitabeli-is-bringing-e-commerce-to-indonesias-small-cities/
> Complicated supply chains mean that consumers in Tier 1 and Tier 2 Indonesian cities often end up paying more for goods than their peers in large cities, like Jakarta. KitaBeli is on a mission to change that, with its own distribution network and a direct-to-consumer social commerce app. Today the startup announced that it has raised $20 million in fresh funding led by Glade Brook Capital Partners, along with participation from returning investors AC Ventures and GoVentures, and new backer InnoVen Capital.
> TechCrunch covered KitaBeli’s last raise, a $10 million Series A, in March 2021.