Emtek and Microsoft co-led the digital marketplace’s latest round with GIC, investing alongside Standard Chartered’s SC Ventures unit and Naver.
Indonesia-based e-commerce platform developer Bukalapak has received $234m in a funding round co-led by investors including media conglomerate Emtek and software provider Microsoft, Reuters reported today, citing a sale document.
Singaporean sovereign wealth fund GIC co-led the round with the corporates, investing with internet company Naver and SC Ventures, the corporate venturing arm of financial services group Standard Chartered. It had previously been reported by Bloomberg in November 2020 to be $100m in size.
The company intends to float…
