Asia | January 25, 2018

Indonesia’s SayurBox gets backing from Patamar

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SayurBox offers an organic produce delivery service. “They empower farmer partners, farmer communities and local producers to get better access to market,” Patamar’s Dondi Hananto told DealStreetAsia.

“A lot of those involved in the farmer communities are women.” Patamar Capital — formerly Unitus Impact — made the investment from its Investing in Women fund, which is backed by the Australian government.

The size of the investment was not disclosed. The fund is set up to seed women-focused and women-run companies in Indonesia, Vietnam and the Philippines with $200,000 to $300,000.

SayurBox is the fund’s first investment. Insignia Ventures also backed the company’s seed round.