Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and Ethos Partner. The fresh fund will be used to help Moladin’s expansion and growth across the country.
Since it’s official launch in November 2017, Moladin has partnered with over 40 dealers and some of financing companies in Indonesia. Moladin also experienced phenomenal growth, having completed over $1 million in transactions and growing around 20-30% every month.
