Dealoka, a Jakarta, Indonesia-based mobile e-commerce app, received its Series A funding round in January from SB ISAT, a US$50m venture fund jointly established by Indosat and Japan’s Softbank to target Indonesian growth-stage startups.
The amount of the funding was not disclosed.
The company intends to use the funds to continue to expand operations.
Led by Sidnei Budiman, co-founder, Dealoka is one of the first graduates of Ideabox, Indosat and Ooredoo’s start-up incubator program. Its mobile app gives users eVouchers based on interest and location allowing merchants to push promotions to drive offline traffic to their physical stores.
It currently promotes global brands including, among others, Wendy’s, Bakerzin, and Baskin Robbins as well as popular Indonesian merchants such as Dinar Seafood, Cup-Bon, Boba Bits, Honey Bean, Twisto Potato and Shabu Tei.
FinSMEs
09/02/2015