SoftBank Ventures Asia returned to once again back the online investment platform developer, which achieved unicorn status with its latest round.

Internet and telecommunication group SoftBank has participated in a $153m series B round for Indonesia-based online investment platform developer Ajaib, DealStreetAsia reported yesterday, citing a company statement.

Investment firm DST Global led the round, which included Ribbit Capital, Iconiq Capital, IVP, Insignia Ventures, Alpha JWC and Horizons Ventures, while SoftBank invested through its SoftBank Ventures Asia subsidiary.

Ajaib’s platform allows users to buy and sell stocks and mutual funds, and the round took its valuation past the $1bn mark. The…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.



Not sure if you have a subscription?
Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
email
Linked in