Kitabeli
eCommerce,Investments,Indonesia
Indonesian social commerce platform KitaBeli raises $20M funding led by Glade Brook
KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, announced Monday that it has closed a $20 million funding round led by Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm. Its existing investors, AC Ventures and GoVentures joined the…
July 18, 2022
Indonesia social commerce platform KitaBeli bags Series A extension from Meesho founders, Kopi Kenanga Capital & others
The additional funds will be utilized for KitaBeli’s expansion into more cities, as well as build out a wider stock-keeping unit mix.
September 24, 2021
TNGlobal Insider,Analysis,eCommerce
AC Ventures insights: Emerging e-commerce opportunities in Indonesia
Indonesia’s total retail market is on track to cross $300 billion in the next three years, and with e-commerce just reaching $30 billion in 2020, there are still excellent growth prospects. For example, the largest single share of groceries alone makes up over $70 billion, with estimates of online penetration barely crossing 0.5 percent in 2021.
August 26, 2021
Singapore’s Temasek restructures to focus on key investments
August 29, 2025
Singapore’s Temasek restructures to focus on key investments
August 29, 2025