Closing of US$65.5 million Series B investment in TaniHub Group, One of Indonesia’s Largest Agritech Start-Ups, led by MDI Ventures, the Investment Arm of Telkom Group
We are excited to announce another deal closing this week with the completion of US$65.5 million Series B investment in TaniHub, an agritech start-up with integrated platforms for B2B e-commerce, logistic, and funding for farmers and agricultural products, by various institutional investors led by MDI Ventures, the investment arm of Telkom Group!
Led by Pramudya A. Oktavinanda and Anissa Noor, we represented MDI in the whole process of this Series B investment process including due diligence, structuring, and drafting and negotiation of the relevant transaction documents. The investment is expected to support the growth of Tanihub in transforming the agriculture sector, delivering positive impact on the quality of life of farmers, and expanding their coverage to more farming communities in Indonesia.
Huge congratulations to all parties involved!
Please see below some press release: