Sayurbox Announces Series B Funding Led by Astra Digital

With participation of Syngenta Group Ventures, Global Brain Corporation, Ondine Capital, and Strategic Year Holdings Ltd.

Randi Eka - 29 April 2021

Sayurbox online grocery startup, today (28/4) announced its series B funding round with an undisclosed amount. PT Astra Digital International as a subsidiary of PT Astra International Tbk, was leading the investment round with participation of Syngenta Group Ventures, Global Brain Corporation, Ondine Capital, Strategic Year Holdings Ltd., and some others that did not specifically mentioned.

It is said that Sayurbox had closed its previous round of funding [series A] one year ago. However, the details were not implied, and based on our observation, the funding was not publicly announced.

Previously, one of Astra group's executives mentioned that the company has poured around 72 billion Rupiah funding to Sayurbox this year. The hypothesis is that the startup founded by Amanda Susanti, Rama Notowidigdo, and Metha Trisnawati held an interesting "business case" that is relevant to today's market needs.

Already have an account? Login

Not ready to subscribe yet? Purchase and access this article

Subscribe to keep reading and get unlimited premium article access with all subscription benefit