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Indonesia's ALAMI closes pre-series B round led by East Ventures - Vimarsana News

Indonesia's ALAMI closes pre-series B round led by East Ventures

ALAMI Group, an Indonesia-based Shariah-compliant small and medium-sized enterprise (SME) lending platform, announced Monday that it has successfully closed pre-series B round led by East Ventures (Growth fund) alongside returning investors namely AC Ventures, Quona Capital and FEBE Ventures.

ID Digest: ALAMI raises $30m debt; Provident buys Tower Bersama's treasury shares - Vimarsana News

ID Digest: ALAMI raises $30m debt; Provident buys Tower Bersama's treasury shares

ALAMI plans to use the funds to help SMEs meet working capital needs.