PasarPolis’ $54 Million Series B Funding Round

Baker McKenzie advised PasarPolis, while Mayer Brown advised Leapfrog Investments on the deal.

PasarPolis closed a $54 million series B funding round.

LeapFrog invests capital, people and knowledge in purpose-driven businesses to help them grow, be profitable and have a real social impact.

PT PasarPolis Indonesia (PasarPolis) aims to leverage technology to provide a better consumer experience and will use the capital raised to invest in AI technology for product development and to expand its operations in Indonesia, Thailand and Vietnam.

The Baker McKenzie team advising PasarPolis was led by Legal Consultant Gerrit Jan Kleute (Picture), and associates Rizky Kenawas, Nadya Sagita, Ario Pamungkas and Nadzira Boenjamin.

The Mayer Brown team advising Leapfrog was led by Corporate and Securities partner Mark Uhrynuk (Hong Kong) and included Corporate & Securities partners David Harrison (Ho Chi Minh City) and Maythawee Sarathai (Bangkok), senior associates Carlton Chu (Hong Kong), Orsolya Szotyory-Grove (Ho Chi Minh City) and Kesara Summacarava (Bangkok), associate Josephine Wong and registered foreign lawyer Alexander Burdulia (both Hong Kong) and Tax Transactions & Consulting partner Pieter de Ridder (Singapore).

Involved fees earner: Nadzira Boenjamin – Baker McKenzie; Gerrit Jan Kleute – Baker McKenzie; Rizky Kenawas – Baker McKenzie; Ario Pamungkas – Baker McKenzie; Nadya Sagita – Baker McKenzie; Alexander Burdulia – Mayer Brown; Carlton Chu – Mayer Brown; Pieter de Ridder – Mayer Brown; David Harrison – Mayer Brown; Maythawee Sarathai – Mayer Brown; Kesara Summacarava – Mayer Brown; Orsolya Szotyory-Grove – Mayer Brown; Mark Uhrynuk – Mayer Brown; Josephine Wong – Mayer Brown;

Law Firms: Baker McKenzie; Mayer Brown;

Clients: LeapFrog Investments; PasarPolis ;

Author: Michael Patrini