BukuKas Closed Despite the fact that Beforehand Had IDR 1.14 Trillion, Lummo’s Destiny?

Jakarta, CNBC Indonesia – The BukuKas monetary recording utility has disappeared from the Google Playstore and introduced it has stopped working. The startup that owns the BukuKas utility, Lummo, has solely obtained IDR 1.14 trillion in January 2022.

Enterprise homeowners utilizing BukuKas in the previous few days have began receiving notifications from the BukuKas utility by way of the corporate’s official WhatsApp concerning the termination of operations.

“The BukuKas utility can not be used after Could 26, 2023,” learn the message from Bukukas’ official WhatsApp quantity.


Utility customers are suggested to obtain their monetary recording information within the BukuKas utility in Excel earlier than 26 Could 2023.

“We, the Bukukas workforce, thanks for utilizing the Bukukas utility up to now, sorry for the inconvenience,” wrote Bukukas by way of WhatsApp.

BukuKas is a part of Lummo, a software-as-a-service startup which in January 2022 introduced sequence C funding price IDR 1.14 trillion from large startup buyers Tiger World and Sequoia Capital India.

The formation of Lummo because the mother or father firm of Bukukas is a continuation of the startup’s growth into the shop service supplier enterprise on line, which modified its title from Tokko to LummoShop.

CNBC Indonesia has contacted Lummo’s CEO Krishnan Menon to ask for affirmation concerning the continuation of Lummo, because the mother or father of BukuKas, after the BukuKas utility stops working.

Nevertheless, a number of former Lummo staff said that the startup was not working.

“Sure, it is unhappy that after all of the laborious work our story has come to an finish. The brand new mannequin does not have the potential as beforehand thought,” stated a Lummo worker.

A number of former Lummo staff additionally said on their LinkedIn accounts that the final firm they labored for had closed.

“Hey everybody, as you all have heard or learn, my earlier firm is closing. As such, I’m on the lookout for a brand new place and stay up for your assist,” stated one former Lummo worker on LinkedIn.

[Gambas:Video CNBC]

(dem)