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///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
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Dagangan
Series B+

Yogyakarta| Est. 2019

Social commerce for rural areas using community agents (pangkalan) as distribution points. Revenue from wholesale margins.

Total FundingUS$ 18M+
ValuationUS$ 50M+

Investment Thesis

"Last-mile logistics expensive in rural Indonesia. Community-based distribution reduces costs."

Recent Signals

  • 01Rural Tier 3/4 focus.
  • 02Community agent model.
  • 03Yogyakarta-based.
  • 04FMCG distribution.

Key People

  • R
    Ryan Manafe
  • W
    Wilson Yanaprasetya

Verified Funding History

RoundDateAmountParticipating Investors
Series BMay 2024UndisclosedKejora-SBI Orbit Fund
Series BMar 2023US$ 25–30MPT Astra International (lead)
Pre-Series BJun 2022US$ 6.6MUndisclosed
Series ASep 2021US$ 11.5MMonk's Hill Ventures, MMS Group, K3 Ventures, Spiral
Pre-Series AJun 2021US$ 3MCyberAgent Capital, Spiral Ventures, 500 Startups

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