PT. Warung Pintar Sekali announced that it has received $27.5 million in funding from a group of investors
January 20, 2019
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PT. Warung Pintar Sekali announced that it has received $27.5 million in its series B round funding on January 21, 2018. The transaction included participation from new investor PT Visionet Internasional and existing investors Sinar Mas Digital Ventures, Vertex Ventures, Pavilion Capital Partners LLC, Line Ventures Co., Ltd., Digital Garage, Inc. (TSE:4819), Agaeti Venture Capital, PT Triputra Investindo Arya, EV Growth, and Jerry Ng. The transaction was oversubscribed.
Digital Garage, Inc. is a Japan-based company engaged in the marketing technology business, the financial technology business, the incubation technology business and the long term incubation business. The Company has four business segments. The Marketing Technology segment is engaged in the comprehensive promotion business, the data management business, as well as the advertising products development and marketing business. The Financial Technology segment is engaged in the provision of electronic payment solutions such as credit card payments and convenience store payments, as well as the design, development and operation of Internet systems and electronic commerce (EC) systems. The Incubation Technology segment is engaged in the strategy support type venture incubation business. The Long Term Incubation segment is engaged in the development and management of medias, the development and support of data security related systems, and the financial business utilizing blockchain.