Indonesia Digest: Printerous snags funding; PouchNATION extends Series B

Online printing and packaging platform Printerous has secured an undisclosed amount of Series A funding led by BAce Capital, AddVentures, GDP Venture, and Gobi Agung, while PouchNATION has secured extended Series B funding round from TIX ID.

Printerous raises Series A funding

Printerous, an  Indonesia-based online printing and packaging platform, has raised an undisclosed amount of Series A funding led by BAce Capital, AddVentures, GDP Venture, and Gobi Agung.

Existing investor Sovereign’s Capital also participated in this round.

Printerous partners with more than 250 printing and logistic providers. It has been used by more than 35,000 businesses, especially MSMEs.

The fresh capital will be used to ramp up its technology infrastructure and expand its presence to 30 cities in Indonesia, the company said.

Printerous, which has been profitable since last year, believes the new funding will help enhance its growth through expansion and innovation.

“Micro, small, and medium enterprises in Indonesia face difficulties in designing, ordering, as well as distributing the prints and packaging supplies. Printerous aggregates printing & logistic service providers to solve those problems, making the entire process more cost-efficient, convenient, and transparent for MSMEs,” said Printerous founder and CEO Kevin Osmond.

PouchNATION secures extended Series B investment from TIX ID

PouchNATION, a Traveloka-backed B2B event management tech startup, has secured its extended Series B round funding from TIX ID (tix.id).

PouchNATION is an offline-to-online solution for events and recreational venues, with offices in Singapore, Philippines, Indonesia, Malaysia, Vietnam, and Thailand.

TIX ID has more than 10 million registered users and 5 million monthly active users on its platform. Through TIX ID platform, the event promoters will enjoy service from PouchNATION’s on the ground team.

“Together with PouchNATION, we will be able to guarantee a seamless experience starting from online ticket sales, on TIX ID platform, to offline crowd management, access control and brand activation on PouchNATION’s platform,” TIX ID managing director Sean Kim said.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.