PE Fund Investments
Amazon founder Jeff Bezos joins $80-M round for SaaS startup Lummo
Amazon founder Jeff Bezos has participated in a USD 80 million funding round in Lummo, a software-as-a-service (SaaS) company that helps small companies get online. Based in Jakarta and Bengaluru, Lummo was formerly known as BukuKas. The extended funding, done through Bezos' personal investment firm - Bezos Expedition - comes a month after the company had announced raising $80 million led by Tiger Global and Sequoia Capital India. The new funds will help the company expand its talent base in India, where it is looking to more than triple its tech and product workforce.
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