The fashion-focused e-commerce and media brand raised $40m in a round that was led by corporate-backed existing investor EV Growth.

EV Growth, the joint venture between corporates Sinar Mas and Yahoo Japan and venture capital firm East Ventures, co-led a $40m series D round for Indonesia-based e-commerce company Sociolla yesterday. The round was co-led by Singaporean state-owned investment firm Temasek and included its growth equity arm, Pavilion Capital, as well as Singaporean government agency EDBI…

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