PopBox Asia Grabs Seed Funding from East Ventures
PopBox, an automatic locker for online shopping’s delivery provider, announced an undisclosed seed funding from East Ventures. The money will go to PopBox’s business expansion and feature development.
PopBox , which was founded by Adrian Lim and Greta Bunawan, offers PopBox Smart Locker, a system that facilitates the delivery process of online shopping. It functions as a pick up point where merchants put the items after completing the transaction process. The consumers will then receive a secret code which is used to redeem the item in PopBox’s nearest automatic locker.
PopBox’s Asia Services’ CEO Adrian Lim stated in the release, “PopBox’s automatic locker is always online 24/7, thus you may redeem your item while going home or visiting the nearest shopping centers.”
To date, PopBox’s automatic locker has been available in several areas in Jakarta such as Baywalk Mall, Grand Slipi Tower, Kalibata City Square, and EV Hive. With the latest funding, PopBox plans on adding more lockers and expanding the business to all areas in Jabodetabek by the end of the year. The consumers may later use the locker to return items delivered by certain e-commerce merchants.
East Ventures’ Managing Partner Willson Cuaca commented, “We commit to keep supporting e-commerce to provide better access to their customers. Our investment at PopBox is one of our tokens of commitment.”
“We’re sure that the market of e-commerce enabler in Indonesia is still lack of proper investment, so this is the right time for PopBox to offer its services to the e-commerce ecosystem in Indonesia,” he added.
PopBox Asia Services’ COO Greta Bunawan added that as an open platform, PopBox looks to partner with all delivery service and e-commerce providers in Indonesia. According to her, PopBox’s model will eventually help e-commerce providers expanding their services and improving consumer’s experience.