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​​Indonesian Startup Ula Secures $23.1 Million

What is Ula and what does it do?

Ula is a B2B marketplace.

Who founded Ula?

The company was founded by Alan Wong, Derry Sakti, Nipun Mehra, Riky Tenggara in 2020. 

How much has Ula raised?

Lyre has completed a $23.1 million to close out its Series B funding.

Who has invested in Ula?

Tiger Global and Flipkart co-founder, Binny Bansal, were part of this funding round, bringing the total Series B funding to $110.1 million. Earlier in October, Ula announced an initial Series B funding of $87 million, with investors Tencent, B-Capital, and Jeff Bezo’s Bezos Expeditions joining the round.

What domain name does Ula operate on?

Ula has not invested in its own exact brand match and can be found instead on

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Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
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