Social Bread Receives Funding of 6 Billion Rupiah Led by East Ventures

Social Breads, marketplace for digital marketing, received funding of $400 thousand or around 6 billion Rupiah led by East Ventures and participation from Living Lab Ventures. Following the acquisition of this fresh fund, Social Bread officially launched its service.

Delivered in its official statement, Social Bread will utilize the funding to develop a technology platform that can empower the ecosystem merchant and support SMEs. It has also launched a feature live-shopping in order to boost sales merchant up to ten times in one year.

"We believe Social Bread is game changer in equalizing SMEs, especially by utilizing social media to reach customers. With extensive team experience in the digital industry, we provide solutions end-to-end for business owners at competitive prices," said Social Bread Co-Founder and CEO Edho Zell at the launch event at Social Bread Hub, Tangerang.