East Ventures on Instagram: "Bababos, an Indonesia-based raw material procurement platform for small and medium enterprises (SME) manufacturers, has secured pre-seed funding led by East Ventures. Congratulations, Bababos (@bababos_idn)! 👏 Bababos provides end-to-end supply chain solutions that create significant value for SME manufacturers and raw material suppliers. The firm digitizes the procurement processes and leverages big data to accurately cluster demands based on the raw materials needs and geographical spreads. “Bababos is one of real testaments of tech-based solutions to the highly fragmented conventional industry. We believe Bababos and its solutions are opening up many opportunities for SMEs, the country’s economy backbone, in this high-potential industry,” stated Melisa Irene (@melisairene), Partner at East Ventures. Read the complete insight on the funding at east.vc/ev-bababos #EastVentures #Bababos #EastVenturesPortfolio"