Indonesian O2O automotive startup Otoklix raises $10M Series A funding co-led by Alpha JWC Ventures and AC Ventures

Otoklix has raised $10 million from Alpha JWC Ventures and AC Ventures. Sequoia Capital India’s Surge, and angel investors including Indonesia’s largest automotive conglomerate Astra International Ex-Chief Executive Officer Prijono Sugiarto, YouTube Co-founder Steve Chen and Google Executives in XA Network, also joined the round. With this fresh funding, it aims to improve its technological touchpoint with its establishment of their own O2O managed flagship workshop throughout Indonesia.