Indonesian social commerce platform Super secures $70 million in funding

Indonesian social commerce platform Super secures $70 million in funding
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Super, an Indonesia-based social commerce platform has secured $70 million in its Series C funding round led by New Enterprise Associates (NEA) with participation from others.

  • The funds will be used to scale its distribution services, launch two new private labels, start an FMCG private label, and launch its cosmetics products.
  • Super offers logistic services including 24-hour delivery and distribution of goods in over 30 communities in East Java and South Sulawesi.
  • The firm has raised $106 million since it launched in 2018.
  • Insignia Ventures Partners, SoftBank Ventures Asia, DST Global Partners, Amasia, B Capital, and TNB Aura among others participated in the round.