What is Dagangan?
Founded in 2019, Dagangan is an Indonesian rural commerce startup that focuses on serving tier-three and tier-four cities in Java. The company supports small and medium enterprises in the region through an innovative hub-and-spoke delivery model. Dagangan aims to bridge the gap in access to goods and services for rural communities, empowering local businesses and consumers alike.
How much funding has Dagangan raised?
Dagangan has raised a total of $6.6M across 1 funding round:
Other Financing Round
$6.6M
Other Financing Round (2022): $6.6M with participation from Monk's Hill Ventures, BPTN Syariah Ventura, and Hendra Kwik
Key Investors in Dagangan
Monk's Hill Ventures
Monk's Hill Ventures is a venture capital firm specializing in early-stage technology companies in Southeast Asia, focusing on ambitious founders aiming to create significant impact.
BPTN Syariah Ventura
BPTN Syariah Ventura is an investment entity likely focused on supporting businesses within the Indonesian market, potentially with an emphasis on Sharia-compliant ventures.
Hendra Kwik
Hendra Kwik is an individual investor participating in this funding round, contributing to Dagangan's growth initiatives.
What's next for Dagangan?
With this major enterprise-level funding, Dagangan is poised for significant expansion. The capital is expected to fuel the scaling of its operations, enhance its technological infrastructure, and broaden its geographical footprint across Indonesia. This investment will likely enable Dagangan to further solidify its position as a key player in the nation's burgeoning rural e-commerce sector, driving economic development in the areas it serves.
See full Dagangan company page
