Indonesia’s halal-focused social commerce start-up Evermos raises $30 mln to expand outside main cities
JAKARTA – Indonesian halal-focused social commerce platform Evermos has raised over $30 million in a Series B round that it will use to expand to villages.
The round was led by new investor UOB Venture Management’s Asia Impact Investment Fund II. Other participants include IFC, MDI Ventures, Telkomsel Mitra Innovation (TMI) and Future Shape. Existing investors Jungle Ventures and Shunwei Capital also participated in this round.
The fresh funds will be used to expand the leadership and growth teams, enter new geographies and to deepen technology development, Iqbal Muslimin, Evermos CEO and Co-Founder told Salaam Gateway.
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