iSeller Expansion Plans After Completing Series A "Strategic Round" Funding

Service developer startup point of sale based omni-channel iSeller has completed fundraising extended round series A+ or strategic rounds. The funding was led by Mandiri Capital Indonesia (MCI), Openspace Ventures joined this round of funding.

To DailySocial Founder & CEO of iSeller Jimmy Petrus revealed, for the short term the company will do key hiring especially for the team acquisition and business development, which aims to further expand iSeller's reach to SME businesses in Indonesia. In addition, the company will also continue to develop new innovations that will make it easier for SMEs to access financial services.

"Currently, apart from Jabodetabek, we have only reached the 5 largest cities in Indonesia. Early next year, expansion to the top 25 cities is already in progress. The roadmap us," Jimmy said.

When asked about the integration and collaboration of iSeller with Bank Mandiri, Jimmy said that there will be a lot of integration of financial and banking services on the iSeller platform, which is expected to help Indonesian SMEs to continue to grow in this pandemic condition.

The pandemic that disrupted the business growth of most startups in Indonesia did not have a big enough impact on iSeller. During the pandemic, the iSeller business can continue to grow.

"One of the biggest contributing factors is the increasing awareness of business actors to 'go online' and switch to a digital system, where the advantage of iSeller lies in its capabilities omni-channel and O2O which enables SMEs to sell in physical stores, courses and marketplace easily in one platform," said Jimmy.

Strategic partnership with GrabFood

Aims to make it easier for F&B business people in Indonesia to implement an ordering system online which has been integrated with the cashier application, iSeller has a strategic partnership with GrabFood. To outsmart the number of traffic drops during PSBB, this initiative is expected to mitigate the impact of the pandemic on the F&B industry.

Form of iSeller cooperation with GrabFood is an integrated ordering system GrabFood with the iSeller cashier application, order from GrabFood will automatically enter the application automatically real-time, making it easier for cashiers to process orders more quickly and efficiently. In addition, F&B business owners can also access all sales transactions and financial reports easily through the iSeller dashboard, both sales from o nor GrabFood.

"Go online with GrabFood is made simple, starting from updating menus and prices GrabFood, automatic stock updates, to financial reports from various sources channel sales, everything can be managed from one iSeller platform. We believe this integration solution will have a positive impact on all F&B businesses in Indonesia," said Jimmy.

Until now iSeller has been used by thousands merchant ranging from SME business to corporate scale such as Geprek Bensu, Mama Roz, Sour Sally, HopHop, Okirobox, Yogurtland, and many more. Prioritizing the most complete features such as sales, product and inventory management, as well as flexibility channel concept-based sales omni-channel, iSeller claims to be super merchants the leading platform in Indonesia.