Indonesia's Evermos raises $30m Series B, plans to onboard a million resellers by 2025

Indonesia's Evermos raises $30m Series B, plans to onboard a million resellers by 2025

Evermos founders (left to right) president and co-Founder Arip Tirta, co-founder Ghufron Mustaqim, CEO and co-founder Iqbal Muslimin, and co-founder Ilham Taufiq. (Photo courtesy of Evermos)

Evermos, an Indonesian social commerce platform, has raised $30 million in a Series B funding round led by UOB Venture Management’s Asia Impact Investment Fund II to scale up its business, the company announced on Wednesday.

Other participants in the round included IFC, MDI Ventures, Telkomsel Mitra Innovation, and Future Shape. MDI Ventures invested through its KB-MDI Centauri Fund.

Existing investors Jungle Ventures and Shunwei Capital also participated in this round.

DealStreetAsia had first reported the funding round in August.