Indonesia’s construction industry is large and growing quickly, but a lot of supply procurement is still done the old-fashioned way, through phone calls and text messages. Juragan Material wants to make things easier with a B2B marketplace for building materials from curated suppliers.
The company announced today it has raised $4 million in seed funding led by Go-Ventures, with participation from Susquehanna International Group (SIG).
The new capital will be used for hiring, increasing Juragan Materials’ market share and technological enhancements.
Founded in 2021, the company’s marketplace cu
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