Ralali, an Indonesia-based B2B marketplace, has raised an undisclosed amount as part of its series D round led by Bee Accelerate and SBI Group, with participation from ICMG Partners, Beenos Asia, and Arbor Venture.
Since its launch, Ralali has expanded its business to include healthcare, private label, and social commerce brands, aiming to reach 6 million end customers by the end of this year. It also recently launched an agent-based network called Ralali Agent and acquired East Ventures-backed healthy noodle brand Fitmee.
In a statement, the company said total transactions on its platform grew almost 3x compared to the same period last year.
Ralali plans to use the fresh funding to empower business owners and provide more services for them.
Read more here: https://www.techinasia.com/ralali-series-d-funding
