Indonesia’s Moladin raises $95M Series B funding to grow its automotive ecosystem
Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global. Earlier this year, Moladin raised $42 million in Series A Funding co-led by Sequoia Capital India and Northstar Group in what was one of the largest Series A rounds in Southeast Asia. Existing key investors East Ventures, Northstar Group and Sequoia Capital India also participated in the Series B round.
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