Jeff Bezos, the creator of Amazon, has invested $80 million in Lummo, a software-as-a-service (SaaS) startup that, like Shopify, helps small businesses come online. Lummo was previously known as BukuKas and was based in Jakarta and Bengaluru.

Bezos Expedition, Bezos' personal investment organisation, provided the additional cash, which comes a month after the company announced it had raised $80 million in a funding round sponsored by Tiger Global and Sequoia Capital India.

According to a senior corporate executive, the fresh investment would help the company develop its talent base in India, where it plans to more than triple its tech and product personnel. In 2022, it will triple its investment in Indian talent across product, engineering, strategy, HR, and finance teams, according to the official statement.

In an exclusive interview, Lummo founder and CEO Krishnan Menon said, “We currently have a team of around 100 in India and will look to take it to around 300 by the end of FY24.”

Bezos's investment in the Indonesian startup scene is his second. "Our opinion that Indonesia and Southeast Asia are emerging as the next great destinations for tech investment is backed up by this scale," Menon added. "Lummo is trying to expand into additional Southeast Asian markets to take advantage of the region's rising possibilities."

Menon noted that the company's gross merchandise value (GMV) doubled and revenues increased by 40% in the prior quarter.

BukuKas, a bookkeeping app for small and medium enterprises, was founded in 2019. In 2020, the company expanded by introducing Tokko, an online direct-to-consumer commerce builder. Tokko has since been renamed LummoShop.