Indonesian startup Goto Group raises over $1.3B in its first close of pre-IPO

Indonesian startup Goto Group raises over $1.3B in its first close of pre-IPO

2 years ago
Anonymous $np3LcwuhSi

https://techcrunch.com/2021/11/10/indonesian-goto-group-raises-over-1-3b-in-its-first-close-of-pre-ipo/

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding. 

The latest round was led by Abu Dhabi Investment Authority (ADIA), with participation from Avanda Investment Management, Fidelity International, Google, Permodalan Nasional Berhad (PNB), Primavera Capital, SeaTown Master Fund, Temasek, Tencent and Ward Ferry. Further investors are expected to join in its final close of the funding in the coming weeks.