GREE Ventures invests in another e-commerce company in Indonesia

Berrybenka.com, an Indonesian fashion online store curates several brands ranging from local and international brands has received investment fund from GREE Ventures. The fund will be used to grow Berrybenka in Indonesia by expanding its products selection, scaling marketing and expanding logistic. The amount of investment was not disclosed. Jason Lamuda, the co-founder of Groupon Disdus will join the company as president director.

GREE Ventures is a venture capital arm of social gaming company GREE who also invested in Bukalapak.com, one of the famous e-commerce websites in Indonesia in September last year.

by Terry Brown

Author: VSDaily Editor

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