DANA
Secondary Market in 2022
DANA Wallet Indonesia is an e-wallet service that commenced operations in July 2017 and is headquartered in Jakarta. As a subsidiary of PT Elang Sejahtera Mandiri, DANA provides a comprehensive digital payment platform that facilitates various financial transactions through a single mobile application. The platform allows users to perform secure, non-cash transactions, including bill payments, barcode scanning, QR code transactions, and e-commerce activities. By offering a round-the-clock monitored service, DANA aims to simplify and enhance the digital money transfer experience for its users in Indonesia.
TNG Digital
Venture Round in 2022
TNG Digital is a Kuala Lumpur-based e-wallet operator that provides a comprehensive digital payment platform aimed at enhancing urban mobility. Founded in July 2017, the company enables users to conduct transactions at over 280,000 merchant locations through QR code payments. Its services include toll payments, street parking, e-hailing, car-sharing, and taxi fares via RFID or PayDirect, as well as bill payments, mobile prepaid top-ups, and online purchases. Additionally, TNG Digital facilitates food delivery orders, peer-to-peer money transfers, and the purchase of various insurance plans. The platform supports ticketing for movies, buses, trains, and airlines, catering to both individual users and small to mid-sized businesses by providing essential payment infrastructure for both physical and online transactions.
RedMart
Acquisition in 2016
RedMart Limited is an online grocery portal based in Singapore, established in 2011. The company specializes in delivering a wide range of products, including fresh produce, meat, seafood, dairy, baked goods, frozen items, beverages, health and beauty products, household necessities, and items for babies and children. Unlike traditional retailers, RedMart functions as a platform that allows manufacturers to engage directly with consumers, bypassing conventional retail channels. This approach provides manufacturers with innovative marketing capabilities and data analytics to enhance their reach. RedMart also offers home delivery services, ensuring that customers receive their groceries and home essentials conveniently at their doorstep. In 2016, RedMart became a subsidiary of Lazada South East Asia Pte. Ltd., further expanding its operational capabilities in the region.
iPrice Group
Seed Round in 2015
iPrice Group is an online price comparison platform that aims to enhance the e-commerce experience for shoppers in Southeast Asia by offering a diverse selection of products from numerous online retailers. The company provides users with the ability to compare prices, discover various products, and find the best deals across multiple categories, including electronics, fashion, home improvements, and baby products. By partnering with hundreds of online shops, iPrice facilitates a transparent and convenient shopping experience. Established in Kuala Lumpur, the company has rapidly expanded its presence across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. With a mission to boost trust and convenience in the e-commerce sector, iPrice leverages international expertise in technology and online marketing to serve its customers effectively.