Evoucher Closed Pre-Series A Funding from VITI
Amir Karimuddin - 20 April 2015
One of flash sale e-commerce players that hold daily deals concept in Indonesia, Evoucher, announced today (20/4) that they’ve just secured an undisclosed pre-series A funding from Value In Technology (VITI). Viti is a Korean company that focuses on digital content and video games. The funding will be allocated to develop their infrastructure and marketing in order to expand their business.
Evouched is an Indonesian internet-based company that focuses on selling vouchers and products at discounted rate online in limited duration, or commonly knows as flash sale. At the moment, Evoucher serves voucher sales with numerous categories, including Restaurant, Travel, Hotel, Beauty, Household, Gadget, and Fashion.
The funding becomes Evoucher’s first investment ever since it was firstly established. Previously, Evoucher’s operation was funded by bootstrapping or self funding.
Evoucher Indonesia’s Founder and CEO Danny Baskara commented that the investment facilitates Evoucher’s vision on becoming the leading e-commerce platform in Indonesia. “We are really glad to seal an extra assisstance from investors upon our mission to become the most appropriate e-commerce player for Indonesian consumers,” he said.
So far, Evoucher has successfully distributed more than 960.000 products and vouchers which are sold through its website and mobile app. The funding it just sealed will no doubt broaden its scope to grow.
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Evoucher targeted to have five times more customers so that it may be Indonesia’s most prominent e-commerce platform that deals with flash sales.