East Ventures on Instagram: "On May 11th, 2014, Grady Laksmono contacted East Ventures to pitch his startup, Bayarkilat. At that time, Bayarkilat didn’t have a working product and had just started developing a hardware prototype. . However, both Willson Cuaca and Batara Eto found the Linkedin message was well written and agreed to follow up. . Unfortunately, Grady and his co-founder, Haryanto Tanjo, still lived in the US. So, Willson could only arrange a Skype call. . Over the call, Willson could feel their energy and passion to help Small & Medium Enterprises (SMEs) in Indonesia. Willson decided to offer them a term sheet, which they accepted. . Willson only met Grady and Haryanto in person on August 4th, 2014, three months after EV made the investment. Subsequently, the entrepreneurs changed their startup’s name to @mokapos . . Today, Moka is a leading Point of Sale (POS) and payment solutions platform that empowers small and medium-sized businesses in Indonesia. It is currently present across 100+ cities in Indonesia with over 15,000 merchants and has received more than US$30 million in funding. Moka has reached US$1B GTV and still growing. . As one of its early investors and follow-on investor via EV Growth, we are grateful that we made the right decision over the phone call back then. Looking back, we think they have nice voice. . #eastventures #startup #venturecapital"