AC Ventures, Quona Capital, BRI Ventures, and Xendit participated in the round.
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Yulu Bikes had raised $7m in debt funding from Magna in Dec 2021.
PTT has earmarked about $500 million for investments in tech companies and VC funds.
Rest of Asia
Son was formerly one of the sector’s biggest cheerleaders
The acquisition comes more than two months after it raised $85m from a host of investors
The fund will provide access to marquee investors including Tiger Global, and Ribbit Capital.
The fresh capital will support the continued advancement of Insilico’s pipeline.
The service is currently available in Greater Jakarta only.
The superapp will also upskill small merchants.
Diri Care’s seed round was co-led by East Ventures, Sequoia Capital India and Surge.