Vidio Bags Follow on Funding Worth of 663 Billion Rupiah from Sinarmas Group, Grab, and Others
Local OTT platform Vidio announces follow on funding of $45 million (over 663 billion Rupiah) from Sinarmas Group, Grab and EBIT
Source: dailysocial.id
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Indonesia's Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas Gemilang (DSST), undertakes the largest portion in this investment round.
Source: technode.global