Indonesian home decor platform Dekoruma is said to have completed a new financing round worth “tens of millions of dollars”, led by a fund owned by local conglomerate Djarum Group, according to a WeChat post by the venture capital firm Ondine Capital last week.
Dekoruma’s existing investors, including Ondine Capital, OCBC, and Nexter Ventures, the investment arm of Thailand’s SCG Cement-Building Materials, participated in the round.