The on-demand grocery provider secured funding from Astra International and Syngenta as it looks to grow geographically.

Indonesia-based on-demand grocery delivery service Sayurbox secured $120m in series C funding yesterday from investors including agribusiness Syngenta and conglomerate Astra International.

Northstar Group and Alpha JWC Ventures co-led the round, which also featured the World Bank-backed International Finance Corporation, Global Brain and unnamed private investors. Syngenta took part through its corporate venturing unit, Syngenta Group Ventures.

Founded in 2017, Sayurbox provides on-demand grocery services to both consumers and businesses, offering a catalogue of more than 5,000 grocery items and…

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Fernando Moncada Rivera

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