Berrybenka has raised an eight-figure dollar sum from investors including the $50m venture capital vehicle formed by SoftBank and Indosat.
Indonesia-based online fashion retailer Berrybenka has raised an undisclosed eight-figure dollar amount from investors including Softbank-Indosat Fund, the $50m fund formed by telecom groups SoftBank and IndoSat, E27 reported yesterday.
Maj Invest Private Equity, part of asset management firm Maj Invest, also participated in the round, as did private equity firm Asia Summit Capital and unnamed local investors.
Berrybenka operates an e-commerce platform specialising in fashion and beauty products, but will use the funding to continue a strategic push into…
