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Emtek Group Pours 59 Billion Rupiah to Qareer Group Asia

Listed in the financial report for Q3 2018

Emtek Group, in the financial report for Q3 2018, announced KMK entrance to Qareer Group Asia with 59.632 billion rupiah. The investment is converted to 310,472 shares or 33.5% of the total ownership.

Qareer Group Asia is a company group that covers some services in the job marketplace industry, such as Qerja and Jobs.id. Led by Veronika Linardi, Qerja was previously secured Series A funding from SB ISAT Fund in 2015, while seed fund was received from Kejora Ventures (used to be Mountain SEA Ventures).

The company has been running a business in Indonesia and Malaysia but hasn't been covered by many media after 2015.

Emtek, in the report, also said it has sold 18.4% shares of the Ice House, a tech consulting company, bought by last year, to the third party.

Original article is in Indonesian, translated by Kristin Siagian

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