BRI Ventures and Mandiri Capital have reportedly added an undisclosed amount to the $234m the e-commerce platform developer secured yesterday.

Financial services firms Bank BRI and Bank Mandiri have provided an undisclosed amount of funding for Indonesia-based e-commerce marketplace Bukalapak through subsidiaries BRI Ventures and Mandiri Capital, DealStreetAsia reported today.

Founded in 2009, Bukalapak runs an online marketplace where a network of some 13.5 million micro, small and medium-sized enterprises (MSMEs) list their products for online sale. It also operates a business-to-business procurement service.

The company raised $234m yesterday from media group Emtek, software producer Microsoft, internet group Naver,…

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Robert Lavine

Robert Lavine is special features editor for Global Venturing.
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