Tuesday
May 30
2023

Indonesia’s Evermos Raises $39 Million Funding Led by IFC to Fuel Business Expansion

Evermos, an Indonesia-based social commerce platform, has successfully raised $39 million in its Series C funding round.

Evermos said in a statement on Thursday that the funding is led by the International Finance Corporation (IFC) — a member of the World Bank group — and IFC Emerging Asia Fund, LP, managed by IFC Asset Management Company.

Photo courtesy of Muhammad Raufan Yusup.

Source: Technode Global (link opens in a new window)

Categories
Investing
Tags
business development, digital inclusion, e-commerce, financial inclusion, MSMEs