Indonesian Goto Group Raises Over $1.3B In Its First Close Of Pre-Ipo
11/11/21, 7:42 AM
Money raised
$1.3 billion
Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion in the first close of its pre-IPO funding.
Company Info
Additional Info
The company declined to comment on its valuation. Goto Group will use the proceeds to fuel its growth, strengthen its market-leading position, and bolster its customer service. Goto Group claims that it generated over 1.8 billion transactions in 2020, with a total Gross Transaction Value of over $22 billion, contributing to more than 2% of Indonesia’s GDP.