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PT Trans Retail Indonesia, a supermarket chain under Chairul Tanjung’s CT Corp, is collaborating with e-commerce platform PT Bukalapak to launch AlloFresh, an online grocery platform.
The venture combines the retail experience of Trans Retail Indonesia with the technology of Bukalapak and additional funding from Southeast Asian private equity firm Growtheum Capital Partners, according to a press release issued by the three companies on Tuesday.
AlloFresh will commence the business with initial funding of Rp 1 trillion (US$69.44 million), offering products from around 10,000 suppliers with three-hour and quick-commerce delivery options across Indonesia, the release states.
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