1. Startups

Used Car Marketplace Services BeliMobilGue.co.id Announces Pre-Series A Funds Obtaining 50 Billion Rupiah

Funds came from Intudo Ventures, Go-Jek Co-Founder Michaelangelo Moran, and a number of well-known Indonesian family companies

The marketplace service for used cars, BeliMobilGue.co.id announced the acquisition of Pre-Series A funds worth $3,7 million (approximately 50 billion Rupiah) led by Intudo Ventures. Also participating in this funding round are Go-Jek Co-Founder Michaelangelo Moran and a number of well-known Indonesian family companies. The funds are said to be used to increase the presence of physical facilities (inspection centres), increase marketing and sales efforts, and recruit new employees.

Launched last year, BeliMobilGue.co.id try a different approach to selling used cars. Rather than just being a marketplace that brings together buyers and sellers whose transaction processes can take days or even months, BeliMobilGue tries to take it one step further by creating a market.

They collect verified buyers (1000 pieces to date) and provide inspection centers (17 pieces) to ensure the quality and price of the offered cars. There they provide a guaranteed offer within an hour. BeliMobilGue.co.id gets a commission for every transaction.

Currently BeliMobilGue.co.id, which was founded by Co-Founder and CEO Rolf X. Monteiro, serves the Greater Jakarta area which is said to have 58% share of national cars. Rolf has experience leading a number of multinational technology companies in the Southeast Asia region.

Different used car marketplace offers

To DailySocial, Rolf explained, "The automotive sales sector in many countries has consistently shown weakness. Although demand continues to increase, there are shortcomings on the other side. marketplace trusted and centralized so that consumers can buy and sell cars efficiently at competitive prices."

"Our unique offer [which is different from marketplace another] is the ownership of the data we manage, which helps us provide instant information on how much our cars cost and the 60 minute experience in our inspection center provides a comfortable environment. Even if you don't take our offer, no additional fees are charged."

BeliMobilGue.co.id itself is an j between Frontier Car Group based in Berlin, Germany, and Intudo Ventures based in Indonesia. Frontier Car Group is said to have a platform devoted to marketplace used cars in developing countries.

"The Indonesian automotive market has grown very rapidly over the last ten years, which has created a large used car market. Through marketplace For us, consumers can get better results from selling used cars than traditional methods. With the support of Frontier Car Group, Intudo Ventures, and our talented team, we can make used car transactions safer and more convenient for Indonesian consumers," said Rolf.

This year's plan

Rolf ensures that this funding will be used to increase the number of inspection centers in Jabodetabek.

"The inspection center is very important to us. This is the first place where we meet with vehicle owners and their vehicles. Our focus is not only on expanding the location, but also ensuring the quality of service and customer experience is as expected."

Regarding the potential for expansion nationally, including to neighboring countries, Rolf confirmed, "We have done intensive research and would be very interested in expanding overseas. However, it is very important for us to ensure that our main market base is well taken care of before thinking about expansion. That means great people, solid processes and sustainable business will help us build regional expansion over time."

"In 2018, we plan to focus on growth and dramatically increase our sales activity," he concluded.

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