Sequoia Capital led a $30m funding round in Bibit.

Sequoia Capital, a private equity firm, led a $30m funding round in Bibit, an Indonesian robo-advisory startup. The round had participation from investors East Ventures, AC Ventures and 500 Startups. "We believe that all Indonesians deserve a better future. Enabling people to participate in the capital market and helping them make the right investment is the way to achieve that," Sigit Kouwagam, Bibit CEO.