At Ula we leverage the power of technology to level the playing field for small retailers. Our ambitious and diverse team builds innovative solutions, addressing major pain points around supply chain and financial services to keep our retailers competitive in today's digital age. Our B2B marketplace provides small retailers competitive pricing, wide & accessible variety and favourable payment terms, all at the push of a button.
We aim to grow together with our customers. This means we measure our success by the success of the retailers on our platform.
If you share in this vision and want to work in a high growth, customer focused environment, then we would love to hear from you!
We aim to grow together with our customers. This means we measure our success by the success of the retailers on our platform.
If you share in this vision and want to work in a high growth, customer focused environment, then we would love to hear from you!
Location: Indonesia, Jakarta Special Capital Region
Employees: 201-500
Total raised: $117.5M
Founded date: 2020
Investors 7
| Date | Name | Website |
| - | Saison Cap... | saisoncapi... |
| - | Alter VC | alter.vc |
| - | Lightspeed... | lsvp.com |
| - | B Capital ... | b.capital/ |
| - | AC Venture... | acv.vc |
| - | B Capital ... | bcapgroup.... |
| 16.01.2022 | Prosus | prosus.com |
Funding Rounds 3
| Date | Series | Amount | Investors |
| 04.10.2021 | Series B | $87M | Prosus |
| 28.01.2021 | Series A | $20M | - |
| 10.06.2020 | - | $10.5M | - |
Mentions in press and media 25
| Date | Title | Description |
| 05.12.2023 | Ula, Udaan’s struggles cast shadow on B2B ecommerce’s future | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else. Samreen Ahmad · 27 Dec 2023 · 5 min readUla, Udaan’s struggles cast shadow on B2B e... |
| 03.10.2023 | Ula cuts jobs, exits FMCG distribution for ‘long-term economic sustainability’ | EcommerceNews Putra Muskita · 3 Oct 2023 · 2 min readUla cuts jobs, exits FMCG distribution for ‘long-term economic sustainability’ Ula co-founder and CEO Nipun Mehra / Photo credit: Ula Indonesia-based Ula announced that it is laying off e... |
| 18.02.2022 | Jeff Bezos Invests in Indonesian based start-up Lummo | Lummo, an Indonesian-based start-up that provides software as a service company (Saas), has secured US$ 80 million in Series C funding. The funding comes from Amazon founder Jeff Bezos. It is Bezos’s second investment in Indonesia. Bezos’s ... |
| 24.01.2022 | Behind Ula’s entry into social commerce | Premium Content It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else. Aditya Hadi Pratama · 25 Jan 2022 · 5 min readBehind Ula’s entry into social commer... |
| 18.11.2021 | The Week in Agrifoodtech: Monarch Tractor’s $61m round, JBS’s cell meat bet & Bayer-Microsoft match | This week, The Week in Agrifoodtech includes news of a major strategic partnership between one of the world’s biggest agribusiness companies and one of the world’s biggest software companies; while the world’s number one meat processor made... |
| 15.11.2021 | Indonesian B2B ecommerce firm nets $23m more from Tiger Global, Flipkart co-founder | Briefing Your roundup of Asian tech and startup news that matter Deepti Sri · 16 Nov 2021 · 1 min readIndonesian B2B ecommerce firm nets $23m more from Tiger Global, Flipkart co-founder Ula, an Indonesian business-to-business ecommerce mark... |
| 05.10.2021 | Bezos Bets On Indonesia’s Mom-And-Pop Shops With Investment In Ula | Ula's co-founders (left to right) Riky Tenggara (COO), Derry Sakti (CCO) and Alan Wong (CTO).COURTESY OF ULA |
| 04.10.2021 | Ula Raises US$87 Million in Series B Funding led by Prosus Ventures, Tencent, and B-Capital | Ula, a leading B2B eCommerce marketplace in Indonesia, has raised US$87 million in a Series B funding round co-led by Prosus Ventures, Tencent, and B-Capital. |
| 04.10.2021 | Will Instacart be an Amazon… or a Groupon? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Happy Monday, readers. Paid Content Why the private sector is key to improving education From EVE... |
| 04.10.2021 | Will Instacart be an Amazon… or a Groupon? | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Happy Monday, readers. Fortune unveiled its annual Most Powerful Women’s list on Monday, with for... |
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