The e-commerce marketplace has reportedly recruited Microsoft and Emtek for a round with a $200m target that could value it at up to $3bn.
Software provider Microsoft and media group Emtek are set to take part in a $100m funding round for Indonesia-headquartered online marketplace Bukalapak, Bloomberg reported yesterday.
The round is also set to include Singaporean sovereign wealth fund GIC and will value the company between $2.5bn and $3bn, according to people familiar with the matter. It is in talks with prospective additional investors and aims to close the round at $200m, one of the sources said.
Bukalapak runs an e-commerce platform with…
