It’s time to shop with Evermos! This Indonesian startup helps local MSMEs scale while providing local resellers a chance to earn a profit through social commerce.
They just raised $39M in a Series C!
Investor check. The funding round was led by the International Finance Corporation, a member of the World Bank. Jungle Ventures, Shunwei Capital, UOB Venture, Telkomsel Mitra Inovasi, and other investors joined in!
🛒 The ABCs of Evermos
Growing your own brand in Indonesia is tough. It takes a huge amount of effort and $$$ to reach markets across major islands and key cities. Evermos manages a reseller network that can bring your product across the country easily.
Resellers can start their e-commerce biz on the platform without costly investments.
🤔 What the future holds?
Evermos will use the $$$ to expand their operations and improve their AI-powered tech.
The newsletter that keeps you up-to-date on the top stories on tech and business in Southeast Asia. It's fun, quick and free.