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.