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Indonesia-based startup Flash Coffee raised $32.8 million in Series B1 funding

Indonesia-based grab-and-go coffee chain Flash Coffee raised $32.8 million in its Series B1 round of funding. Backed by Rocket Internet, Flash Coffee witnessed participation from existing investors along with new ones, i.e. Al-Dhow Engineering General Trading and Contracting, and OurCrowd. The company plans to use these funds for business expansion in the APAC region.

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This article has been summarised for quick read. You can find the original article on Deal Street Asia.