Bababos, an Indonesian raw material procurement startup, recently raised USD 3 million from Singapore-based East Ventures – the lead investor in the funding round – plus Indonesia-based Patamar Capital and US-based Accion Venture Lab. Bababos helps small and medium-sized enterprises (SMEs) in the
Tag: East Ventures
MICROCAPITAL BRIEF: Fairbanc Raises Equity from Accion, ADB, East Ventures, Sampoerna Group to Boost Lending, Payment Systems for MSMEs in Indonesia
Fairbanc, a US-based lender and payment facilitator for micro-, small and medium-sized enterprises (MSMEs) in Indonesia, recently raised pre-Series A equity of
MICROCAPITAL BRIEF: Insurtech PasarPolis Raises $54m in Equity for Microinsurance in Indonesia
Indonesian insurance technology (insurtech) firm PasarPolis recently closed its Series B round of investment, having raised a total of USD 54 million from nine investors. The firm plans to use the new funding to: