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Get 70 Billion Rupiah Funding, Luna Maya Rushes to Invest it in This

Get 70 Billion Rupiah Funding, Luna Maya Rushes to Invest it in This

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Get 70 Billion Rupiah Funding, Luna Maya Rushes to Invest it in This

Luna Maya has many business fields. One of them is in the beauty industry. The beauty business created by Ariel NOAH's ex-girlfriend is called "NAMA Beauty", a direct-to-consumer (D2C) cosmetics and skincare products company that she established in 2019.

To develop her beauty business, Luna Maya, who has a lot of influence in the beauty world, recently received fresh funding of US$ 5 million or around Rp70 billion from AC Ventures, SiCepat, and DMMX.

What's the story? Let's find out!

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With the trust from these three companies injecting fresh funds into her business, Luna Maya expresses her gratitude.

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"We feel grateful and blessed with the trust and support from AC Ventures, SiCepat, and DMMX, including all partners and teams. This is the right and promising momentum for Indonesia. We believe that this synergy can help us grow together and maximize the opportunities and momentum that exist," said Luna Maya, CEO of Nama Beauty, in her written statement.

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Meanwhile, Pandu Sjahrir, Founding Partner of AC Ventures, said that the funding is still in the early stages.

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He believes that Luna Maya's beauty company has a very promising market potential.

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"Through partnerships with SiCepat and DMMX, we will leverage our respective unique strengths to help NAMA Beauty build a high-growth beauty brand and hope to support the company in achieving its full potential," said Pandu Sjahrir.

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NAMA Beauty will utilize DMMX's extensive distribution network to sell their products to offline and online distribution markets.

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Meanwhile, SiCepat Ekspres will act as NAMA Beauty's logistics partner to serve their delivery needs. 

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The synergy of these brands is expected to penetrate the domestic cosmetics market for NAMA Beauty.

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“We are optimistic that NAMA Beauty can penetrate the Indonesian cosmetics market and become a trusted cosmetics brand by the Indonesian people,” said The Kim Hai, CEO of SiCepat Ekspres Indonesia.

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