Disdus raises seed funding from East Ventures

On e27, not a week goes by without a story on at least one startup group buying site. This time, we turn our head to Indonesia. One of the country’s leading players in that space, Disdus, announced through a press release that it has raised seed funding from East Ventures, the VC famously represented by Willson Cuaca who’s been all over Indonesian startups for the better part of the year.

While the valuation and size of the investment have not been disclosed, East Ventures partner Batara Eto will join the company as part of the Advisory Board which already has Andrew Darwis, founder of Kaskus, on deck. Eto was, as many may have been aware, CTO of Mixi Inc., the largest social network in Japan. Having both persons on board brings substantial support to the company ahead of Groupon’s expected entry to Indonesia.

The two co-founders of Disdus, Jason Lamuda and Ferry Tenka, will continue to lead and maintain full operational responsibility of Disdus. Since its founding in August of this year it has sold more than 12,000 coupons to 70,000 customers with participants from various industries including entertainment, food and beverage, recreational sites, consumer technology, fashion, and many others.

Batara Eto had this to say about Disdus, ”As an investor in early-stage startups, we recognize huge potentials in the Indonesian Internet market. We are confident Disdus has the vision and execution ability to be an industry leader in the online social commerce business in Indonesia.”

Disdus adds yet another to East Ventures’s growing Indonesian portfolio which includes Apps Foundry , Tokopedia, Scraplr, and Urbanesia.

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