E-Commerce

Indonesia's Moladin is revving up with $95M 

May 10, 2022
Moladin

Been searching for a new ride? Ask Moladin! This Indonesian startup makes buying and selling used cars easy. Oh, and be ready for an exciting ride because they've just wheeled in a $95M Series B led by DST Global.

  • Driving growth. Their transaction volume shot up over 20x over the past few months.

Who else cashed in? East Ventures, Northstar Group and Sequoia Capital India also hopped on for the round.

  • Their last round was a $42M Series A co-led by Sequoia India and Northstar four months ago.

⚙️  Switching gears

Founded in 2017, they started out focusing on motorcycles and switched to used cars in June 2021.

What sets them apart? You can speak to an actual person! Moladin agents are here 24/7, whether you're looking to buy or sell a car.

  • They'll help you find the best fitting car or selling price while keeping transactions fast and seamless.
  • They have over 40,000 agents and dealers on the platform.

🚗  Find your dream car

If you're looking for a ride, they have tons of cars on their website — you'll find "the one" in no time.

Best price and top quality. No surprises or rip-offs here! Only cars that pass their 100+ point inspections are listed, and you'll get a complete report.

Don't sweat the finances. They work with top financing companies to help you find simple loans.

🏠  Sell your car from home

Got a car to sell? Just fill up a form, and an agent will come over to inspect the car. If the price is right, the money gets transferred instantly.

🔜  What's next?

They're doubling down on expanding their agent network, improving their processes and optimizing their digital services.

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