Evermos is a technology company.
Evermos is a platform that empowers Indonesian women by providing a reseller service without capital, offering a variety of halal products and integrated business training.
Evermos has raised $39.0M across 1 funding round.
Evermos has raised $39.0M in total across 1 funding round.
Evermos is an Indonesian social commerce platform founded in 2018 that empowers small and medium enterprises (SMEs) and micro-entrepreneurs, primarily through a reseller and dropshipping model focused on halal and Muslim-friendly products. The platform enables individuals, especially women and people from lower-income communities, to start businesses without upfront capital by reselling a wide range of products including fashion, health and beauty, food and beverages, and digital goods. Evermos addresses challenges such as high distribution costs and counterfeit products, providing integrated services like shipping, customer relationship management, financing, and reseller training to support growth. It currently serves around 700,000 active resellers across Indonesia’s 34 provinces and partners with over 500 local brands, fostering entrepreneurship and financial inclusion in underserved regions[1][2][4][6].
Evermos was founded in 2018 by Ghufron Mustaqim, Iqbal Muslimin, Ilham Taufiq, and Arip Tirta in Bandung, Indonesia. The founders were motivated by dissatisfaction with Indonesia’s retail ecosystem, particularly the multiple layers of distribution that inflate prices and the prevalence of counterfeit goods online. They envisioned a platform that would allow people to earn income by opening online stores without needing to invest capital upfront. Early traction came from building a reseller network that leveraged social media and messaging apps like WhatsApp and Facebook to reach customers, especially in smaller cities and rural areas where e-commerce penetration was low. This approach helped Evermos rapidly grow its reseller base and transaction volume, expanding access to halal-certified products and supporting local brands[1][4][6].
Evermos rides the rising trend of social commerce and digital financial inclusion in emerging markets, particularly Indonesia’s large Muslim population seeking halal-certified products. The timing is favorable due to increasing internet penetration, smartphone adoption, and growing demand for ethical and trustworthy e-commerce options. By focusing on underserved regions and communities, Evermos addresses gaps left by traditional e-commerce platforms, such as high shipping costs and lack of digital literacy. Its model also combats counterfeit goods proliferation by providing a trusted reseller network. This approach not only expands market access for local brands but also fosters entrepreneurship and economic inclusion, influencing Indonesia’s broader digital economy and halal industry ecosystem[2][4][6].
Evermos is poised for continued growth, aiming to expand its reseller network to over one million in the coming years and deepen its penetration into Indonesia’s tier 2 and tier 3 cities. Trends shaping its journey include increasing digital adoption in rural areas, growing demand for halal products, and the rise of social commerce as a preferred shopping channel. Future developments may include enhanced AI capabilities, expanded logistics infrastructure, and broader financial services to further empower resellers and local brands. As Evermos scales, it is likely to strengthen its role as a key enabler of inclusive economic growth and digital entrepreneurship in Indonesia’s evolving tech and e-commerce landscape[4][6].
Evermos has raised $39.0M in total across 1 funding round.
Evermos's investors include Insignia Ventures Partners, Jungle Ventures.
Evermos has raised $39.0M across 1 funding round. Most recently, it raised $39.0M Series C in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $39.0M Series C | Insignia Ventures Partners, Jungle Ventures |