Indonesian home decor platform Dekoruma snags $15m in Series C1 round
Summary
Indonesia’s home and living platform Dekoruma has raised $15 million in its Series C1 round of funding led by Nexter Ventures by SCG Cement-Building Materials and KTB Network, according to a company statement. Set up in 2016 as a furniture marketplace, Dekoruma’s platform today connects home furnishing merchants, interior designers, contractors, and property developers. To date, Dekoruma has served more than a million customers, partnering with over 5,000 designers and contractors, and tier 1 and 2 property developers in Indonesia. We are thrilled to support them in revolutionizing the home buying process,” Jirapat Janjerdsak, Director of Nexter Ventures by SCG Cement-Building Materials said. The company raised its Series-B round in late 2018 led by GDN and backed by AddVentures, as well as existing backers Skystar, Beenext and Convergence.