SaaS

$10M for Indonesia's MSMEs to get SaaSy with majoo

August 17, 2022
Majoo

Say hi to majoo! This Indonesian startup just raised a $10M Series A.

  • Founded in 2019, they've acquired over 35,000 MSME clients in over 600 cities.
  • They've processed over 166M transactions worth $970M.
  • They grew 800% in the pandemic.

Investor check. The round was led by an undisclosed global fintech-focused growth equity investor. AC Ventures, Quona Capital, BRI Ventures and Xendit also joined in.

🙌🏼 One app to rule them all

They're an MSME enabler here to be the all-in-one app for Indonesian MSMEs to digitize, grow, reduce operations costs and optimize.

  • Customers include everyone from F&B outlets and barbershops to laundromats and carwashes.

😏 Major deets on majoo

Going hard on software. They've got all types of tools, from online cashier systems and accounting apps to CRMs and employee management. Oh, and get an all-in-one management tool to help you sell across e-commerce marketplaces!

Short on cash? Get instant loans (with zero collateral) to power business growth.

Supply central. Order supplies through majoo, and you'll get the best (aka, low) prices.

⚡️ What's next?

The new $$$ is to expand their customer reach, kick off more strategic partnerships and accelerate market penetration.

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