PT Lingkar Niaga Solusindo announced that it has received $36 million in funding from OCBC NISP Ventura, Skystar Capital, East Ventures Pte. Ltd., PT Saratoga Investama Sedaya Tbk, PT. Traveloka Indonesia, Sinarmas Land Limited, Corporate Investment Arm, and other investors
September 09, 2021
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On September 10, 2021, PT Lingkar Niaga Solusindo closed the transaction. The company amended the terms of the transaction. The company raised additional funding co-led by East Ventures Pte. Ltd. through its growth fund and PT Saratoga Investama Sedaya Tbk. The transaction also included participation from PT. Traveloka Indonesia and Sinarmas Land Limited, Corporate Investment Arm, among others. The company has raised a total of $36,000,000 in the transaction.
PT Saratoga Investama Sedaya Tbk is an Indonesia-based investment company. The Company is focused on investing in the growing energy sector, precious metals, technology infrastructure, healthcare products and services, specialty logistics and distribution, and the digital space. Its segments include Blue Chip Companies, Digital Technology Companies and Growth Focused Companies. The Companyâs portfolio includes construction, consumer products and services, digital media and advertising, energy and resources, health care and consumer health, industrials, logistics, precious metals, renewables and green economy and technology and digital infrastructure. The Companyâs subsidiaries include PT Saratoga Sentra Business (SSB), PT Nugraha Eka Kencana (NEK), PT Wahana Anugerah Sejahtera (WAS), PT Bumi Hijau Asri (BHA), PT Wana Bhakti Sukses Mineral (WBSM), PT Trimitra Karya Jaya (TKJ), PT Surya Nuansa Ceria (SNC), PT Lintas Indonesia Sejahtera (LIS) and PT Interra Indo Resources (IIR).
PT Lingkar Niaga Solusindo announced that it has received $36 million in funding from OCBC NISP Ventura, Skystar Capital, East Ventures Pte. Ltd., PT Saratoga Investama Sedaya Tbk, PT. Traveloka Indonesia, Sinarmas Land Limited, Corporate Investment Arm, and other investors