iSeller, a Jakarta, Indonesia-based provider of Point of Sale (POS) platform for online and offline merchants, raised $12M in Series B funding.
The round was led by Intudo Ventures, with participation from KVision, Mandiri Capital Indonesia, and Openspace Ventures.
The company intends to use the funds to release a new version of its flagship products focusing on improved user experience, and faster performance and reliability.
Led by CEO Jimmy Petrus, iSeller is a digital business platform designed to help SME businesses grow faster, smarter and more efficiently. In addition to providing a modern POS system for offline stores, iSeller offers an omni-channel solution that makes it easy to sell online through integration across online stores and multiple marketplaces including namely Tokopedia, Shopee, Lazada, and Blibli. The company has expanded to cover 30 cities across Indonesia and is used by more than 100,000 businesses, including companies like SOGO, OMNILUXE, Jiwa Group, GK Hebat Group, Agung Sedayu Group, Damn! I love Indonesia, Sinarmas, IT Gallery, Es Teler 77, HopHop, Lemonilo, and Peripera, among others.
FinSMEs
26/01/2023