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Indonesian Startup Chickin Indonesia has successfully raised $20 million in its Series A+ funding round, with Granite Asia leading the investment.
Notable contributors include East Ventures, Integra Partners, the Asian Development Bank, 500 Southeast Asia, and Heracles.
The capital will be used to enhance production capacity, upgrade information technology, and implement Internet of Things solutions. Additionally, Chickin Indonesia aims to diversify its product offerings with the new funding.
Details later…
