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Indonesia delivery startup SiCepat raises $170m

Company emerges as major end-to-end logistics player with 1.4m orders daily

Motorcycles are often used for package deliveries in Indonesia.   © Reuters

JAKARTA -- Indonesian last-mile delivery startup SiCepat Ekspres has closed a $170 million Series B funding round backed by Falcon House Partners, Pavilion Capital, MDI Ventures and others.

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