Sociolla secures series A investment funding

Published: 20-Nov-2015

Indonesian retailer get $1m investment

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Indonesian beauty e-commerce site Sociolla has secured a seven figure series A investment from a number of companies. East Ventures leads the investment team.

The exact total for the investment has not been disclosed, but the total is believed to be several millions. The financing is expected to be used to support Sociolla’s technical infrastructure and introduce new features. The company is also expected to expand its team in Jakarta, according to its co-founders Christopher Madiam, John Rasjid and Chrisanti Indiana.

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