Indonesian quick commerce startup Bananas raises $1.5M seed funding led by East Ventures

Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted into the prestigious YCombinator Winter 2022 batch that has a 2 percent acceptance rate among tech startups who applied globally, adding Y Combinator as one of Bananas’ investors with their new $500,000 investment. Hence, Bananas has successfully secured a total of $1.5 million in the seed round of funding.