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 round, along with new investor InnoVen Capital.
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 round, along with new investor InnoVen Capital.
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