PT Tiga Elora Nusantara
Latest round
- Series C
Last raised
- Apr 2021
Total raised
- $22M
Investors
- 13
About PT Tiga Elora Nusantara
Founded in 2015, PT Tiga Elora Nusantara is based in Jakarta, Indonesia. The company operates as a prominent online platform for home furnishings, emphasizing user experience and product variety. The founder, Christian Sutardi, has a history in the entrepreneurial space, having been involved in previous ventures. In October 2022, the company faced financial challenges and filed for Chapter 7 bankruptcy protection.com. The platform specializes in customizable options that cater to diverse consumer tastes and preferences, enhancing both aesthetics and functionality in various home environments. Their offerings focus on delivering quality and affordability, targeting individuals looking to furnish their homes with contemporary design elements.The company generates revenue through direct-to-consumer sales on its e-commerce platform, where customers purchase furniture and decor items. This model involves transaction-based revenue with each sale contributing to the company's earnings.In the wake of its recent financial restructuring following the Chapter 7 bankruptcy filing in October 2022, PT Tiga Elora Nusantara is exploring strategic avenues for recovery. Future plans include the development of new product lines aimed at reaching broader consumer demographics. As part of its growth strategy, the company is also looking to expand its market presence beyond Indonesia into Southeast Asia, targeting countries where demand for online furniture shopping is on the rise.
Who invested in PT Tiga Elora Nusantara
13 investors across 4 rounds
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Questions about PT Tiga Elora Nusantara
Who invested in PT Tiga Elora Nusantara?
PT Tiga Elora Nusantara has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PT Tiga Elora Nusantara raised?
PT Tiga Elora Nusantara has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did PT Tiga Elora Nusantara last raise money?
PT Tiga Elora Nusantara's most recent round on record is a Series C, in Apr 2021.
What does PT Tiga Elora Nusantara do?
Founded in 2015, PT Tiga Elora Nusantara is based in Jakarta, Indonesia.
Where is PT Tiga Elora Nusantara headquartered?
PT Tiga Elora Nusantara is headquartered in Jakarta, Indonesia.
Which VCs invest in companies like PT Tiga Elora Nusantara?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Hui Hua Fund, Yufu Capital and ICBC Capital Management back consumer products companies at PT Tiga Elora Nusantara's stage. Their profiles are linked below.
VCs backing consumer products startups at Series C
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