Ikigai helps Indonesian startup Raena setup by Indian founder, raise US$1.8 million from Beenext, according to reports.

Raena, an Indonesian startup that helps social media influencers launch their own e-commerce brands, announced today that it has raised $1.82 million in seed funding. The round was led by Beenext, with participation from Beenos, Strive and the personal offices of Shailesh Rao, a partner with TPG Growth, and Sanjay Nath, [managing partner] of Blume Ventures. Like Revolve Group in the United States and Ruhnn Holding in China, which both recently went public, Raena partners with influencers, providing them with the resources to create products under their own branding.

— Techcrunch

Ikigai Law advised Raena led by a team of senior associate Ishita Shome and associate Darpan Singhi.

2019-07-24

The primary jurisdiction of the deal was Singapore.

Deal value: US$1.82 million

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