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Indonesian logistics startup SiCepat raises $170 million Series B
Indonesian logistics startup SiCepat raises $170 million Series B
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Indonesian logistics startup SiCepat raises $170 million Series B

– SiCepat, an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round.
– The funding was led by Falcon House Partners, Kejora Capital, DEG (the German Development Finance Institution), Telkom Indonesia’s investment arm MDI Ventures, Indies Capital, Temasek Holdings subsidiary Pavilion Capital, Trihill Capital, and Daiwa Securities.
– The company’s last funding announcement was a $50 million Series A in April 2019.

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