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Indonesian social commerce platform Evermos confirms $40m funding

Round led by World Bank member International Finance Corp.

Evermos plans to utilize the fresh funding to expand its network and enhance its tech capability. (Screenshot from Evermos YouTube page)

JAKARTA -- Evermos, an Indonesia social commerce platform focused on halal products, has closed a $40 million fresh funding round led by World Bank member International Finance Corp. (IFC), an Evermos executive said.

DealStreetAsia first broke the development in February.

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