Quick commerce startup Radius, which operates in areas outside Jakarta in Indonesia’s Java island, is finalising an up to $10 million seed round.
Existing investor Insignia Ventures Partners may top up in the round, while Radius is also likely in talks to rope in US venture capital firm Kleiner Perkins as a new investor, two sources close to the development told DealStreetAsia. When contacted, the company did not comment on the talks or divulge the names of any potential investor.