New Capital Injection Boosts Ralali's Expansion Ability

startup business
Summary

One-stop solution startup, Ralali, managed to raise US$10.9 million in a Series D funding round led by the SBI Group and several existing investors. Joseph, the founder of Ralali, claimed that his company had raised more than US$33.4 million in total so far. "This funding was agreed a few months ago," he said as quoted by the Daily Social on Thursday.

In July 2019, Ralali raised US$13 million in a Series C funding round, led by Arbor Ventures, TNB Aura, and ZIGExN Co Ltd founder Jo Hirao. Meanwhile, the company's Series B funding round was supported by SBI Group, Bee Accelerate, Beenos Asia, ICMG Partners, and Arbor Ventures. As a result, Ralali is now ready to realize the vision of becoming a one-stop solution for business people.

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