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.