Ralali.com, the first and largest online B2B marketplace e-commerce platform in Indonesia raised US$13 million from three foreign investors. The startup is aiming to enable medium, small and micro enterprises (MSME) in sourcing, scaling and sustaining their business across the nation.

Reportedly, thecSeries C investment is led by Arbor Ventures of Singapore, TNB Aura of Singapore and Jo Hirao, the founder of Japan’ ZIGExN Co., Ltd., with participation of AddVentures of Thailand and Qualgro of Singapore as existing investors.

“This funding will help us scaling up our technology and our team to serve millions of Indonesian MSMEs in fulfilling their business needs through Ralali.com’s digital platform,” CEO of Ralali.com​ Joseph Aditya says in an official statement released on Thursday (July 25).

Since 2018 Ralali.com has made the access for MSMEs more inclusive and more efficient with B2B financing, such as micro-lending and terms-of-payment. More than 1,500 MSMEs has enjoyed this benefit to-date. Arbor Ventures, the investor joining in this round remarked.