Indonesian firm Qiscus has garnered a US$2 million investment from Init 6, a venture capital firm established by Achmad Zaky, Bukalapak’s former CEO.
This funding aims to fuel Qiscus’s growth across Southeast Asia. Specializing in omnichannel solutions to enhance sales and foster customer loyalty, the B2B SaaS company caters to over 2,000 businesses, with notable clients such as Pizza Hut, eFishery, and SeaBank.
About Qiscus
According to the company, it has obtained over 50 million users in 10 countries across Southeast Asia.
It includes well-known businesses in a range of fields including telecommunications, healthcare, and non-profit organizations like Telkom Indonesia, Sompo, Dompet Dhuafa, and Halodoc.
Funding details
Amount raised: US$300,000
Funding stage: Seed
Lead investor: REAPRA
Investment type: Equity
Purpose: Expand to other markets in Southeast Asia, grow the business in Thailand with additional research and development, and sales and marketing push
Total disclosed funding to date: US$330,000
Qiscus + Carsome
Qiscus and Carsome have joined forces to enhance the communication experience for Carsome’s clientele.
By utilizing Qiscus’s versatile CRM platform, Carsome can now engage with their customers via their preferred channels, streamlining the process of obtaining assistance and support.
This partnership aims to provide a more seamless and convenient communication avenue for Carsome’s valued customers.
Instead, it operates on a model where dealers are charged based on the number of sales made through the platform. This results in dealers being able to cut down on their marketing expenses.
Currently, Carsome has accumulated a total of US$5 million in purchases made by car buyers. The company’s goal is to increase this amount by ten times and achieve profitability before the end of 2016.
Carsome has 500 dynamic merchants on its entrance and anticipates raising this number to at slightest 1,000 over all its markets by the conclusion of the year.