> ## Content Index
> Fetch the complete content index at: https://www.techloy.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Indonesian quick commerce firm Astro raises $60 million in Series B
- URL: https://www.techloy.com/indonesian-quick-commerce-firm-astro-raises-60-million-in-series-b/
- Published: 2022-05-30T06:02:41.000Z
- Updated: 2022-12-08T00:57:06.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: E-commerce, Tech in Indonesia

[Astro,](https://www.astronauts.id/) a quick commerce firm based in Indonesia has raised $60 million in its Series B funding round led by Accel, Citus, and Tiger Global, with participation from AC Ventures, Global Founders Capital, Lightspeed, and Sequoia Capital India.

- The funds will help the firm in improving user acquisition, product development, and hiring of more talents to its current team of employees.
- The new funding brings the logistics firm to $90 million in total funds raised since it launched 9 months ago.
- Astro offers a 15-minute delivery within 2-3km using its distribution stores backed by a cash-intensive model that allows it to control inventory sourcing, supply chain, and mid-to-last-mile delivery.
- The firm claims it 10x its revenue in the last few months and recorded 1 million downloads of its app.