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Indonesia's Juragan Material raises US$4mil to boost growth

Digital News Asia LogoDigital News Asia1 mo ago

Indonesia's Juragan Material raises US$4mil to boost growth

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Aims to digitalise construction supply chain sector

Funds used to hire, enhance products, market penetration Indonesia's Juragan Material has raised US$4 million in seed funding led by Go-Ventures and complemented by Susquehanna International Group (SIG).

In a statement, Indonesian construction technology platform said it plans to use this funding to grow its team by hiring aggressively key roles in product, engineering, sales and operations; strengthen its market penetration of its business-to-business (B2B) construction and building material marketplace; and to innovate and deepen the capabilities of its product ecosystem.


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Article Details

Author / Journalist: yedwin

Category: EconomyStartups

Topics: Supply Project Construction Technology Materials Platform Juragan Material Contractors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-07-04, 03:19:57

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Reading Time: 3 minutes read

Article Length: 417 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 27929

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About Digital News Asia

Digital News Asia Logo

Main Topics: EconomyStartups

Official Website: digitalnewsasia.com

Update Frequency: 3 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 15h ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #18

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