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Indonesia’s Doku bags $32m from London-based private equity firm Apis
Doku, an Indonesia-based payment gateway startup, announced it has raised US$32 million in its latest funding round.
More funding details
- Lead investor: Apis Partners (through its Apis Growth Fund II)
- Stage: Unspecified
More company updates
- The deal marks Apis Partners’ first investment in Indonesia.
- Doku says it will use the fresh funds to accelerate the development of new products and services and expand its geographical coverage.
- The company says it processed 47 million transactions worth US$2.9 billion in 2020.
- Doku is owned by Indonesian media conglomerate Emtek, which invested in the company in 2016 and took a 50% stake.
For more coverage of the company, head here. You can also click on the link below to view key details about the company as well as its funding history.
Editing by Miguel Cordon and Jaclyn Tiu
(And yes, we’re serious about ethics and transparency. More information here.)
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