Bababos to Tap Manufacturing Hub Market
East Ventures has provided undisclosed pre-seed funds for Bababos, a raw material procurement platform for the manufacturing industry.
East Ventures partner Melisa Irene praised Bababos's technology-based solutions for highly fragmented conventional industries. "We believe that Bababos and its solutions will open up many opportunities for small and medium industries," she said on Tuesday.
Bababos co-founder and CEO Fajar Adiwidodo revealed the company's plan to use the funds from East Ventures to build a seamless platform for connecting small and medium industries in the manufacturing sector with quality suppliers.
"As a result, Bababos will provide added value to the supply chain of the small and medium manufacturing industry," he said.