Automo, a digital platform based out of Indonesia that assists tourists in findings vehicle rentals or drivers, recently fund raised $145,000 in their latest round.
An angel investor from Prestige Corp. in Indonesia, owner of Singapore’s Cars and Trips, and another unnamed backer participated in the round, which also included a Startup SG Founder Grant worth roughly US$22,000.
“We are currently in talks with a few VCs from Singapore and Indonesia to raise between up to SGD400,000 (US$300,000) to realize our goal of becoming of automotive lifestyle portal,” said Automo Founder Charles Lin.
Read more here
Join us in Madrid, November 12-15 for the Global Online Marketplaces Summit.