Tech Company Financing Transactions
PT Ilectra Motor Group Funding Round
On 8/28/2023, PT Ilectra Motor Group raised $50 million in Series B funding from Horizons Ventures, Brama One Ventures and CTBC Bank.
Transaction Overview
Company Name
Announced On
8/28/2023
Transaction Type
Venture Equity
Amount
$50,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to continue accelerating its product developments and scaling up network expansions in order to serve more consumers all over Indonesia.
Company Information
Company Status
Private & Independent
Industry
AdTech
Mailing Address
Jakarta Selatan, DKI
Jakarta, 12930
ID
Jakarta, 12930
ID
Phone
Website
Email Address
Overview
Ilectra Motor Group (IMG) is a member of Indika Energy, in the 2-Wheeler Electric Vehicle (2W EV) industry. It's a lifestyle mobility solution company that has defined its purpose statement of "Green and Sustainable Mobility for the World" as our reasons for being. Our Vision is to become an electric mobility champion and reshape sustainability. Our Mission is to provide better solutions for people by delivering new mobility lifestyles in a sustainable way.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Septriwan Rahmat
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