1. Startups

Moladin Reportedly Received Series B Funding Worth 1,4 Trillion Rupiah

This round was led by DST Global with the involvement of a number of previous investors; boost the company's valuation to over $700 million

Platform car marketplace Moladin is reported to have booked a series B funding of $95 million or equivalent to 1,4 trillion Rupiah. Based on data submitted to regulators, this round was led by DST Global, with the involvement of Sequoia Capital India, Northstar Group, East Ventures and a number of other investors.

We have tried to contact Moladin to ask for information, but they still refuse to comment on funding.

It is estimated that the new funding will bring Moladin's valuation to over $700 million --- one step closer to that unicorn. Previously they just announced series A pendanaan funding in early 2022 for $42 million. Sequoia Capital India and Northstar Group are leading the funding.

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