Grupin’s $3 Million Seed Financing Round

Allen & Gledhill and Soemadipradja & Taher advised Sequoia Capital India’s Surge, lead investor on the financing.

Indonesia-based social commerce platform Grupin has secured US$3 million in a funding round led by Sequoia Capital India’s Surge, a scale-up programme for startups by the firm. The funding round also saw participation from East Ventures, an Indonesia-focused venture capital firm and Skystar Capital.

Grupin’s social commerce platform offers a community-based shopping experience and discounts on bulk orders for its consumers. The users can also share deals with family and friends within the app.

The Allen & Gledhill team was led by Partner Julian Ho (Picture). 

The Soemadipradja & Taher team conisted of Partner Emalia Achmadi, Foreign Counsel Oene J. Marseille and Special Counsel Aris Budi Prasetiyo.

Involved fees earner: Julian Ho – Allen & Gledhill LLP; Emalia Achmadi – Soemadipradja & Taher; Oene Marseille – Soemadipradja & Taher; Aris Budi Prasetiyo – Soemadipradja & Taher;

Law Firms: Allen & Gledhill LLP; Soemadipradja & Taher;

Clients: Surge;

Sonia Carcano

Author: Sonia Carcano