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.
Regional logistics platform Luwjistik raises US$ 1.1 million in seed funding round led by East Ventures
Luwjistik, a Singapore-based startup specializing in e-commerce logistics integration, has secured US$ 1.1 million (approximately IDR 15 billion) in a seed round led by East Ventures, with participation from MDI-Finch’s Arise and Global Founders Capital.