Tech Company Financing Transactions
Ula Funding Round
Ula secured a $87 million Series B financing round on 10/5/2021. Backers included B Capital Group, Prosus Ventures and Tencent Holdings.
Transaction Overview
Company Name
Announced On
10/5/2021
Transaction Type
Venture Equity
Amount
$87,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue to expand operations and its business reach across Indonesia exploring international expansion across SEA, adding new categories, expanding the Buy-Now-Pay-Later (BNPL) offering, as well as building new technology and a local supply chain and logistics infrastructure.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
GoWork Treasury Tower 31st Floor Jl. Jend. Sudirman Kav. 52-
Jakarta Selatan, 12190
Indonesia
Jakarta Selatan, 12190
Indonesia
Phone
Website
Email Address
Overview
We help small retailers manage their working capital and stock better through technology, to improve their margins and grow their business. Our B2B marketplace provides small retailers with a wide range of product assortment, competitive prices, and reliable delivery.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Nipun Mehra
Chief Technical Officer
Alan Wong
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Where The Data Comes From
Our team works diligently to document tech company VC transactions. VC transactions reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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