Corporate venturing units SMDV and Saison Capital were among the participants as the retail inventory services startup secured $10.5m.
Indonesia-based supply chain services provider Ula has received $10.5m in financing from investors including diversified conglomerate Sinar Mas and payment services firm Credit Saison, TechCrunch reported yesterday.
Venture capital firms Sequoia India and Lightspeed India co-led the round, investing alongside Sinar Mas subsidiary SMDV, Credit Saison unit Saison Capital, Alter Global, Quona Capital and undisclosed angel investors.
Ula runs a service that sources stock for brick-and-mortar retailers and delivers it to them, while also offering supply chain financing. The service,…
