Evermos Announces Largest Fundraise At Usd39 Million To Fuel Business Expansion Of Connected Commerce Network

Evermos, Indonesia's largest social commerce platform, successfully raised USD39 million in its Series C funding round. Led by the International Finance Corporation (IFC) — a member of the World Bank group — and followed by returning partners such as Jungle Ventures, Shunwei Capital, UOB Venture Management, and Telkomsel Mitra Inovasi, this funding round also saw investment from new partners, SWC Global, Endeavor Catalyst, and Uni-President Asset Holdings. With this latest funding round, Evermos remains firmly on track towards its mission of elevating local micro, small, and medium enterprises (MSME) to make a positive impact on the national economy and beyond.