Evermos Announces Largest Fundraise At Usd39 Million To Fuel Business Expansion Of Connected Commerce Network
Evermos Announces Largest Fundraise At Usd39 Million To Fuel Business Expansion Of Connected Commerce Network
05/26/23, 10:08 AM
Location
bandungIndustry
e commerce
Investors
Redhill, Uni President Asset Holdings, Endeavor Catalyst, Swc Global, Telkomsel Mitra Inovasi, Uob Venture Management, Shunwei Capital, Jungle Ventures, The International Finance Corporation
Evermos, Indonesia's largest social commerce platform, successfully raised USD39 million in its Series C funding round. Led by the International Finance Corporation (IFC) — a member of the World Bank group — and followed by returning partners such as Jungle Ventures, Shunwei Capital, UOB Venture Management, and Telkomsel Mitra Inovasi, this funding round also saw investment from new partners, SWC Global, Endeavor Catalyst, and Uni-President Asset Holdings. With this latest funding round, Evermos remains firmly on track towards its mission of elevating local micro, small, and medium enterprises (MSME) to make a positive impact on the national economy and beyond.
Company Info
Location
bandung, west java, indonesia
Additional Info
Evermos is a social commerce that supports local SMEs and marginalized communities for equal opportunities to #MudahTumbuhBersama.
With over 625,000 active resellers, 1200+ brands, and 500+ employees, we strive to make a difference in people's lives by helping them achieve economic success.
Our strong grassroots network powered by humanist technology serves to build an ecosystem where all stakeholders can grow together. We maintain a fair, honest, and trustworthy end-to-end process through sharia-compliance.
Join us in our mission to build a more equitable and prosperous society.