Indonesian social commerce platform KitaBeli raises US$20M, unveils bold expansion plan

KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, today announced that it closed a US$20 million funding round led by Glade Brook Capital Partners (Glade Brook), a leading global growth equity investment firm. KitaBeli’s existing investors, AC Ventures and GoVentures joined the round, along with new … Continue reading Indonesian social commerce platform KitaBeli raises US$20M, unveils bold expansion plan