Indonesian social commerce startup Evermos bags $19.5m in Series B funding

Photo by Muhammad Ruqi Yaddin on Unsplash

Evermos, an Indonesian social commerce company focused on Sharia-compliant products, has secured $19.5 million so far in a Series B funding round, show regulatory filings.

The financing was led by Singapore-headquartered UOB Venture Management, a new backer, through its Asia Impact Investment Fund II. Existing investors Jungle Ventures and Shunwei Capital also participated in the round.

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