• Indonesian fintech startup Moka raises $24M led by Sequoia India

    2 monthes ago - By Tech Crunch

    Indonesia's Moka , a startup that helps SMEs and retailers manage payment and other business operations, has pulled in a $24 million Series B round for growth.
    The investment is led by Sequoia India and Southeast Asia - which recently announced a new $695 million fund - with participation from new backers SoftBank Ventures Korea, EDBI - the corporate investment arm of Singapore's Economic Development Board - and EV Growth, the later stage fund from Moka seed investor East Ventures. Existing investors Mandiri Capital, Convergence and Fenox also put into the round.
    The deal takes Moka to...
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