East Ventures co-leads series A funding round of US$ 15 million for Singapore-based Qapita
Singapore-based Qapita, provider of equity management SaaS solutions today announced it has raised a Series A round of US$ 15 million (approximately 213 billion rupiah). This round is co-led by Indonesia-based East Ventures (Growth Fund) and Vulcan Capital, with participation from NYCA and other existing investors including MassMutual Ventures, Endiya Partners. Several existing angel investors including Alto Partners, Partners of the Northstar Group and K3 Ventures invested in this round. This round will see Qapita expand its operations in Indonesia.
East Ventures Closed Oversubscribed Sixth Fund at $75 Million
With the new fund, East Ventures cemented its commitment to continuously support the Southeast Asian startup ecosystem, particularly Indonesia.
East Ventures, Yahoo! Japan Capital, and SMDV Launch EV Growth
Due to the shared vision and mission between those three venture capitals, they decided to build a growth fund called EV Growth.