In Indonesia, over 60 million micro-, small-, and medium-sized enterprises (MSMEs) rely on outdated methods of bookkeeping or don’t do it at all, said Abhinay Peddisetty, the co-founder of BukuWarung, a digital bookkeeping startup.

The Indonesian company, which aims to help small merchants do business efficiently, has announced that it has raised an undisclosed amount of seed funding in a round led by East Ventures.

Golden Gate Ventures, Tanglin Venture Partners, and AC Ventures (a joint funding entity by Agaeti Ventures and Convergence Ventures) also participated in the round. Other backers include Indonesian billionaire Michael Sampoerna and strategic angel investors from Grab, Gojek, Flipkart, PayPal, Xendit, Rapyd, Alterra, and Zen Rooms, among others.