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Indonesian e-commerce startup Dagangan finalizing funding round

Sources say talks are ongoing, investors could change

Dagangan is focused on selling and delivering food, clothes and other items to people in rural areas. (Screenshot from Dagangan Indonesia's YouTube page) 

JAKARTA/SINGAPORE -- Dagangan, a rural e-commerce startup based in Indonesia, is in talks with investors to finalize a $25 million to $30 million round of funding, sources aware of the discussions told DealStreetAsia.

A few sources indicated that PT Astra International, a domestic conglomerate that has backed prominent startups like GoTo and Halodoc, could be a potential investor in this deal. The talks are ongoing, and the final deal size and investors could change, the sources said, adding that Dagangan is also in talks with other potential investors.

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