Sequoia Capital led Series B funding round in Lemonilo.

Synopsis

Sequoia Capital India led Series B funding round in Lemonilo, a Jakarta-based healthy food brand. Financial terms were not disclosed. Lemonilo will use the fresh funding to expand and strengthen its product distribution network in Indonesia. The company plans to launch more consumer goods products for both online and offline markets.

Principals

target

LEMONILO

bidder

Peak Xv Partners

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Market Context

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Seller Team (1)

shinta nurfauzia

Co-Founder & Co-CEO at LEMONILO

Manager

target

Deal

n/a

Total Value

Bidder Team (1)

rajan anandan

Managing Director at PEAK XV PARTNERS

Investor

bidder

Deals

£ 2.99 B

Total Value

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