3, 2, 1, launch! Here's Astro. This Indonesian quick commerce startup delivers in just 15 minutes. Now, they're ready to skyrocket to higher highs with a $60M Series B co-led by Accel, Citius and Tiger Global! 🚀🧑🏻‍🚀

• After launching nine months ago, they now have over 1M downloads, 1,000 drivers and over 1,500 products.
• Revenue has shot up over 10x in the past few months.

Who else cashed in? AC Ventures, Global Founders Capital, Lightspeed and Sequoia Capital India also joined in.

• Their last round was a $27M Series A this February.

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🏍🛍  Quick, quick!

They offer 15-minute deliveries from their rented dark stores across 50 locations in Greater Jakarta. (Oh, and they offer super competitive prices and are open 24/7!)

The strategy? They're here to build the best customer experience. They handle the entire customer journey, from inventory sourcing and supply chain to mid-mile and last-mile (aka, doorstep) delivery.

• Big opportunity. E-grocery penetration in Indonesia is only around 0.4% and is set to be a $6B opportunity by 2025.

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😎  It's private

New drop. They've started working with local businesses to launch Astro's private label products. First products? Coffee, bread and seasonal treats.

• Fellow quick commerce startups GoPuff (USA), Zepto and Swiggy (India) have looked to private label products (like GoPuff bottled water) to lower cash burn and bump up margins.

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💰 What's with the $$$?

They're looking to double down on reaching more customers, improve the product for a better customer experience and expand their current team of 200.