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Private Capital Markets

<ul><li>Indonesia-based social commerce platform Evermos today announced that it had raised US$39 million in its Series C funding round.</li><li>It was led by the International Finance Corporation (IFC) — a member of the World Bank group — and IFC Emerging Asia Fund, LP, managed by IFC Asset Management Company, with the participation of returning partners such as Jungle Ventures, Shunwei Capital, UOB Venture Management, and Telkomsel Mitra Inovasi.</li><li>This funding round also saw investment from new partners SWC Global, Endeavor Catalyst, and Uni-President Asset Holdings.</li></ul>

Indonesia-based social commerce platform Evermos today announced that it had raised US$39 million in its Series C funding round.It was led by the International Finance Corporation (IFC) — a member of the World Bank group — and IFC Emerging Asia Fund, LP, managed by IFC Asset Management Company, with the participation of returning partners such as Jungle Ventures, Shunwei Capital, UOB Venture Management, and Telkomsel Mitra Inovasi.This funding round also saw investment from new partners SWC Global, Endeavor Catalyst, and Uni-President Asset Holdings.

Evermos Raises US$39M to Fuel the Expansion of Its Connected Commerce Network