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Indonesian fintech firm BukuWarung raises $60-M Series-A round

Business Line  

Indonesian fintech company BukuWarung, founded by Indian entrepreneurs Chinmay Chauhan and Abhinay Peddisetty, has raised USD 60 million in Series-A funding, increasing the total fund raised to about USD 80 million. The round was led by US-based venture capital firms Valar Ventures, early investors in global fin-tech unicorns Wise and N26, and Goodwater Capital. Existing investors Quona Capital and angel investors such as former GoPay CEO Aldi Haryopratomo, Klarna founder Victor Jacobsson, Khatabook CEO Ravish Naresh and partners from SoftBank and Trihill Capital also took part in the round.