1. Startups

Evoucher Gets Pre-Series A Funding from VITI

The funds will be used for infrastructure development and marketing for business expansion

One of the players flash sales e-trade with concept daily deal in Indonesia, Voucher, today (20/4) announced that it has received an undisclosed amount of pre-series A funding from Value In Technology Indonesia (VITI). VITI is a Korean company that focuses on providing digital content and will also enliven the game industry in Indonesia. The funds obtained by the Evoucher from VITI will be used for infrastructure development and marketing as an effort to expand their business business.

Evoucher is an Indonesian internet company that focuses on selling vouchers and products at discounted prices online for a limited period of time, or better known as the concept flash sale. Currently, Evoucher serves voucher sales with categories that include Restaurants, Travel, Hotels, Beauty Care, Home Appliances, Gadget, to Clothing.

Through his press statement, the Evoucher explained that the newly obtained funding will be used for infrastructure development and marketing. It is believed that the development on the infrastructure and marketing side will be able to drive the business strategy carried out by Evoucher for the expansion of their business in the future.

The funds obtained from VITI itself are the first investment that Evoucher has received since establishment to date. Previously, Evouchers operated online bootstrapped or self-funding.

Responding to this funding acquisition, Founder and CEO of Evoucher Indonesia Danny Baskara revealed that this latest funding acquisition is one of Evoucher's efforts to become a website. E-commerce at the forefront of Indonesia. "We are excited to have additional support from investors in our quest to become a (player) e-trade that best suits the needs of Indonesian consumers," he said.

To date, EVoucher itself has managed to distribute more than 960.000 products and vouchers sold through the website and mobile app they. With the acquisition of fresh funds from VITI, it will clearly provide a wider space for Evouchers to grow.

Evoucher itself targets to get a five-fold increase in consumers with the acquisition of this fresh fund so that it is able to become the leading internet company in Indonesia that plays in the segment. flash sales e-trade.

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