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Indonesian social commerce enabler Desty nets fresh financing in Square Peg-led round

e27 Logoe271w ago

Indonesian social commerce enabler Desty nets fresh financing in Square Peg-led round

Quick Summary

Indonesia-based social commerce enabler Desty has raised a new round of undisclosed funding led by Square Peg.

This round comes less than a year after it secured US$5 million in pre-Series A financing from East Ventures, Jungle Ventures, 5Y Capital, and others.

Square Peg is a global technology investment firm managing more than US$1 billion in committed capital.


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Indonesian social commerce enabler Desty nets fresh financing in Square Peg-led round - e27 (Picture 1)

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Topics: Jungle Ventures Investments 5Y Capital Desty E-commerce East Ventures Indonesia Square Peg Square Peg Capital

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-21, 10:00:49

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Reading Time: 3 minutes read

Article Length: 362 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 2065

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About e27

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Main Topics: StartupsTechnology

Official Website: e27.co

Update Frequency: 4 posts per day

Year Established: 2006

Headquarters: Singapore

News Last Updated: 1d ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #10

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