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SoftBank leads $28m funding in Indonesian social commerce firm Super


SoftBank leads $28m funding in Indonesian social commerce firm Super
Super co-founding team
April 29, 2021
Indonesian social commerce platform Super has raised $28 million in its Series B round, led by SoftBank Ventures Asia.
The round also saw the participation of its existing investors such as Amasia, Insignia Ventures Partners, Y-Combinator Continuity Fund, and Bain Capital co-chairman and co-owner of Boston Celtics Stephen Pagliuca. Apart from this, new investors such as DST Global partners and TNB Aura also pumped in capital.
The corpus raised will help the company expand its presence in East Java and other provinces later this year. Super, which deals with the FMCG sector, plans to expand its product range. Additionally, the fund will help the company develop its own white-label SuperEats. ....

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