PROJECT

Projects

Summary of Investment Information

Project Number

47154

Company Name

PT SETIAP HARI DIPAKAI

Date SPI Disclosed

Nov 28, 2022

Country

Indonesia

Region

East Asia and the Pacific

Projected Board Date

Dec 29, 2022

Environmental Category

B - Limited

Status

Active

Last Updated Date

May 25, 2023

Department

Equity Portfolio Management

Industry

Tourism, Retail and Property

Previous Events

Approved : Jan 20, 2023
Signed : Apr 17, 2023
Invested : May 22, 2023

Sector

Retail (Including Supermarkets, Grocery Stores, etc.)

Project Description

Evermos (or “the Company”) is an Indonesian Sharia-compliant social commerce platform that connects brand principals (mainly Small and Medium Enterprises (“SMEs”)) to end-consumers via resellers. With a network of predominantly female resellers, the Company offers products from 1,000+ active brands to low-to-middle income consumers primarily in Tier 2-4 cities. The proposed investment would support Evermos’ growth initiatives in Indonesia.

Associated Advisory Engagement

N/A                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation