Scraplr Raises Seed Funding From East Ventures

Scraplr, a Bandung based startup focusing on Task Management with a pretty UI recently raised an undisclosed amount of money from Singaporean-VC company, East Ventures. Last June, Scraplr was the one and only Indonesian startup to launch at the Echelon 2010 Launchpad where they were literally slaughtered by the panelists Dave McClure from Founders Fund, Bret Terrill and several other digital techies on stage.

after the event, Fares Farhan and Tricreate System (founders) told me that they were slaughtered because they didn't communicate well using English, which made the panelists didn't really get what they're trying to say. But again, it seems like the objective for scraplr is finally achieved as they successfully convinced East Ventures to put money on the Task Management startup.

The terms of the deal were not disclosed and the founders of Scraplr can now focus on building a great product, probably they will also start hiring developers especially for the mobile version of their app.

This is East Ventures' 4th portfolio within the first 7 months of their existence in the Indonesian startup scene. Their first portfolio was Tokopedia, an ecommerce startup and then urbanesia, Apps Foundry and now Scraplr. It is safe for me to say East Ventures is going all-in, betting a lot of money (or so we've heard) on the Indonesian startup on the un-proven tech startup ecosystem.