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With investment pouring in and new services launching, here are the most important developments of the Indonesian startup ecosystem, this week.
New Zealand Based AdTech Startup Postr Secures Funding – Looks To Expand To Southeast Asia
Advertisement startup based out of New Zealand Postr has secured $2.1 Mn in the latest round of funding, from a group of undisclosed investors, reported e27.
As per the report, its existing investors including Gunung Sewu Group, K1W1, New Zealand Venture Investment Fund (NZVIF), undisclosed angel investors from Singapore and New Zealand, and senior officials from PayPal also took part in the round.
The funding will be used to facilitate Postr’s expansion in Australia and Southeast Asia, particularly Indonesia.
Launched in 2014, Postr is an adtech startup that builds white label apps, enabling its users to “hire” their lock screens for advertising in exchange of mobile data from major mobile networks. The startup has already launched Optus Xtra in collaboration with Australian major Optus and plans to launch similar apps in Southeast Asia as well.
HRtech Startup Ekrut Bags Seed Funding From East Ventures
Indonesia-based early-stage VC firm East Ventures…