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New Deal


Announced

Completed

East Ventures led a $26m Series A round in Gokomodo.

Financials

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Transaction Value£22m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Completed

Friendly

Minority

Indonesia

Online and Social Platforms

Private

Single Bidder

Cross Border

supply chain

Acquisition

Venture Capital

Synopsis

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East Ventures, a venture capital firm, led a $26m Series A round in Gokomodo, an agriculture supply chain platform, with participation from SMDV, Eight Capital, K3 Ventures, Triputra, Waresix, Indogen Capital, Sahabat Group, and Sampoerna Financial. “We are glad to receive the strong support from East Ventures and other investors. Gokomodo’s dual approach, combining a strong digital platform combined with a strategic physical footprint, ensures that we can drive penetration even in areas where the digital infrastructure is still lacking, in line with our goal of advancing agribusiness companies and smallholder farmers all over Indonesia and enabling equal access for all through technology. By having a closer presence with farmers, we hope to improve their welfare and help them to build more sustainable farming practices,” Samuel Tirtasaputra, Gokomodo Co-Founder and CEO.

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