Indonesia's Sayurbox raises $120m led by Northstar, Alpha JWC Ventures

Indonesia's Sayurbox raises $120m led by Northstar, Alpha JWC Ventures

Photo by Markus Spiske on Unsplash

Indonesian agritech startup Sayurbox has raised more than $120 million in an oversubscribed Series C funding round led by Northstar and Alpha JWC Ventures as it looks to expand its supply chain nationwide and accelerate e-grocery penetration.