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Vidio Bags Follow on Funding Worth of 663 Billion Rupiah from Sinarmas Group, Grab, and Others

Indonesia s Vidio secures $45M funding led by DSSA

Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas Gemilang (DSST), undertakes the largest portion in this investment round.

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