Indonesian B2B marketplace Ralali in talks to raise $50m

Startup aims to expand its product range and services

20210902 Rarali

Indonesian B2B marketplace Ralali is looking to raise $50 million in a Series D round to shore up its business. (Screen capture from website)

CINDY SILVIANA, DealStreetAsia

JAKARTA -- Shaken by the COVID-19 pandemic, Indonesian B2B marketplace Ralali is looking to raise $50 million in a Series D round to shore up its business.

The company, which connects suppliers and wholesalers to micro, small, and medium-size enterprises via its app and website, is in talks with potential investors, its CEO Joseph Aditya told DealStreetAsia in an exclusive interview.

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