Indonesian marketplace app Ula bags $10.5m led by Sequoia, Lightspeed

Indonesian marketplace app Ula bags $10.5m led by Sequoia, Lightspeed

Jakarta, Indonesia. Photo: Bayu Syaits/unsplash

Jakarta-based wholesale e-commerce marketplace Ula on Wednesday announced that it has raised $10.5 million in seed funding led by Sequoia Capital India and Lightspeed India.