{"id":4576,"date":"2023-10-23T00:00:00","date_gmt":"2023-10-22T16:00:00","guid":{"rendered":"https:\/\/dailymarkup.com\/?p=4576"},"modified":"2023-10-21T17:01:25","modified_gmt":"2023-10-21T09:01:25","slug":"daily-markup-857-ejen2u-gets-us1-5m-in-pre-series-a-to-expand-agent-management-offerings-for-small-businesses-and-explore-new-opportunities-in-indonesia","status":"publish","type":"post","link":"https:\/\/dailymarkup.com\/?p=4576","title":{"rendered":"Daily Markup #857: Ejen2u gets US$1.5M in pre-Series A to expand agent management offerings for small businesses, and explore new opportunities in Indonesia"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"1024\" height=\"536\" src=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/10\/ejen2u-agent-platform-malaysia-funding-1-1024x536-1.jpg\" alt=\"\" class=\"wp-image-4577\" srcset=\"https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/10\/ejen2u-agent-platform-malaysia-funding-1-1024x536-1.jpg 1024w, https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/10\/ejen2u-agent-platform-malaysia-funding-1-1024x536-1-300x157.jpg 300w, https:\/\/dailymarkup.com\/wp-content\/uploads\/2023\/10\/ejen2u-agent-platform-malaysia-funding-1-1024x536-1-768x402.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Photo credit: Ejen2u<\/figcaption><\/figure>\n\n\n\n<p><strong>Helping small biz go big<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Small businesses make up <a href=\"https:\/\/blog.fundingsocieties.com.my\/challenges-for-small-businesses-2023\/\">98.5% of all companies within Malaysia<\/a>, and employ nearly 70% of the nation\u2019s workforce.&nbsp;<\/li>\n\n\n\n<li>As of 2023, 500-backed agent management platform <a href=\"https:\/\/ejen2u.com\/\">Ejen2u <\/a>has supported over 500 small businesses, helping them manage over 340,000 resellers across the country, and facilitating over US$115 million.<\/li>\n\n\n\n<li>The team just raised a US$1.5M Series A led by Gobi Partners and Artem Ventures.<\/li>\n\n\n\n<li>The funds will go towards accelerating efforts to expand to Indonesia, and to offer direct-to-consumer (D2C) services, such as\n<ul class=\"wp-block-list\">\n<li>Jooal, a platform for dropshipping clients to sell products without upfront inventory costs<\/li>\n\n\n\n<li>EjenStore, a new online storefront and affiliate platform for agents<\/li>\n\n\n\n<li>Ejen Fulfillment, Ejen2u\u2019s in-house fulfillment services<\/li>\n\n\n\n<li>EjenCare, an income protection plan similar to Malaysia\u2019s Social Security Organisation (SOCSO)<\/li>\n\n\n\n<li>EjenCapital, a solution to assist merchants and agents with inventory financing<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Ejen2u also provides entrepreneurship training to brands and their resellers through<a href=\"https:\/\/www.wemap.com.my\/\"> WEMAP<\/a> (Women Empowerment Agentship Programme) as well as<a href=\"https:\/\/ejen2u.com\/thefounder\/\"> TheFounder<\/a>.<\/li>\n\n\n\n<li>Read the full story on <a href=\"https:\/\/bit.ly\/3tyQag5\">Vulcan Post<\/a>.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Helping small biz go big<\/p>\n","protected":false},"author":5,"featured_media":4577,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[322],"tags":[544],"class_list":["post-4576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily","tag-ejen2u"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.1 - 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