Kargo Technologies
Series A in 2024
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, founded in 2018. The company operates a freight logistics marketplace that connects shippers in the retail, e-commerce, and commercial sectors with truck fleets across the Indonesian archipelago. Kargo Technologies enables users to digitize freight matching, facilitating real-time transactions and shipment tracking through its website and mobile app. By eliminating intermediaries, the platform empowers shippers, transporters, and truckers to enhance their business networks and increase revenue, thereby improving overall supply chain efficiency.
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Koltiva is an integrated technology company established in 2013 in Indonesia and incorporated in Switzerland in 2017. It specializes in providing tailor-made software solutions and services designed for end-to-end business processes, particularly in the agriculture sector. Operating in 29 countries, Koltiva focuses on enhancing operational efficiency while significantly reducing costs and risks for its clients. The company aims to support sustainable production practices from farm to fork, helping businesses achieve profitability while being socially responsible and environmentally conscious. By offering affordable and customized software systems, Koltiva facilitates transparency between suppliers and customers, contributing to the development of traceable and resilient global supply chains.
EdenFarm Indonesia
Series A in 2023
EdenFarm Indonesia specializes in the distribution of fresh produce, including fruits, vegetables, and dry goods, directly to restaurants across the country. By collaborating with local farmers and central markets, the company eliminates intermediaries in the supply chain, allowing for more efficient delivery and better profit margins for farmers. This direct connection fosters a sustainable food distribution system, ensuring that businesses receive high-quality products while supporting local agriculture. Through its services, EdenFarm aims to enhance the economic viability of farmers and improve access to fresh produce for the restaurant industry in Indonesia.
Waste4Change
Series A in 2022
Waste4Change, established in 2014, operates as a pioneering waste management platform in Indonesia, serving businesses, individuals, and government agencies. Its core mission is to mitigate environmental pollution by minimizing waste leakage and reducing landfill waste. The company achieves this through comprehensive services including reduced waste-to-landfill solutions, in-store recycling programs, and educational initiatives like the 3R School Program. Waste4Change fosters a collaborative approach, leveraging technology to promote a circular economy and sustainable waste management practices across Indonesia.
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Esensi Solusi Buana
Series B in 2022
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Majoo is a Software-as-a-Service provider based in Jakarta, Indonesia, focused on delivering digital solutions for small and medium-sized enterprises (SMEs). Founded in 2019, the company offers a platform that connects SMEs to a comprehensive digital ecosystem, facilitating sales growth and customer outreach. By leveraging digital applications, Majoo empowers businesses to enhance their operations and drive expansion, ultimately fostering entrepreneurship and contributing to the acceleration of the digital economy.
IDEAL Indonesia
Pre Seed Round in 2022
IDEAL Indonesia is a digital mortgage lending platform designed to streamline the home buying process for potential homeowners. The platform offers features such as e-KYC, document verification, and AI-driven credit scoring to help users receive personalized mortgage recommendations based on their specific needs. By connecting home buyers with a range of compatible mortgage products from major property developers and banks in Indonesia, IDEAL Indonesia allows users to apply to multiple banks using a single set of data. Additionally, the platform includes a real-time tracking system, enhancing the overall experience for individuals seeking to navigate their ownership journey efficiently.
PINA Indonesia
Seed Round in 2022
PINA Indonesia is a financial technology company that specializes in developing a personal finance application aimed at simplifying financial decision-making for its users. The application offers a range of automated money management and investment solutions, coupled with personalized expert advice. By focusing on wealth management and financial planning services, PINA Indonesia enables users to navigate their financial landscapes more effectively, ultimately supporting them in achieving financial freedom. The company's goal is to make complicated financial processes more accessible and relevant to individuals seeking to improve their financial well-being.
Astro Indonesia is a quick commerce start-up that specializes in on-demand grocery delivery. The platform offers a wide range of products, including fresh fruits and vegetables, dairy, meat, seafood, medicines, stationery, and snacks, allowing consumers to purchase essential items conveniently. By focusing on delivering groceries within a specified timeframe, Astro aims to provide an affordable and efficient shopping experience for its customers.
Atma
Pre Seed Round in 2022
Atma is an Indonesia-based social job platform that aims to address the challenges faced by the job-seeking population in the country. By focusing on the lower and middle-income job segments, Atma has developed a comprehensive ecosystem that includes a job marketplace, an up-skilling institute, and a community-based support system. This platform is designed to enhance the job search experience for candidates while simultaneously improving the candidate search process for businesses. Through its innovative approach, Atma seeks to empower job seekers and facilitate meaningful connections between employers and potential employees.
Nobi is a cryptocurrency investment platform founded in 2017 and headquartered in Jakarta Barat, Indonesia. The company aims to simplify cryptocurrency ownership and yield generation for users globally. It offers a blockchain asset management application that allows users to safely grow their cryptocurrency investments. The platform provides opportunities for earning yields on popular cryptocurrencies such as Bitcoin and Ethereum, as well as facilitating staking with a variety of altcoins. Nobi's diverse product offerings are designed to enhance the cryptocurrency investment experience for both new and experienced users.
Sirka is Indonesia's first metabolic clinic, specializing in healthcare innovation with a focus on obesity and metabolic health. The company adopts a tech-enabled, holistic approach to managing weight and chronic diseases, addressing the root causes of these issues. Sirka offers personalized programs that encompass weight management, digestive health, diabetes care, and chronic disease management. Through expert medical care and customized nutrition plans, the clinic tailors its services to meet individual needs while providing continuous monitoring to ensure effective support for long-term success. Additionally, Sirka's application connects users with dietitians for meal plan recommendations, facilitating goal setting related to diet and health conditions. This comprehensive approach empowers Indonesians to lead healthier lives with improved weight management and better control over chronic diseases.
Majoo is a Software-as-a-Service provider based in Jakarta, Indonesia, focused on delivering digital solutions for small and medium-sized enterprises (SMEs). Founded in 2019, the company offers a platform that connects SMEs to a comprehensive digital ecosystem, facilitating sales growth and customer outreach. By leveraging digital applications, Majoo empowers businesses to enhance their operations and drive expansion, ultimately fostering entrepreneurship and contributing to the acceleration of the digital economy.
Astro Indonesia is a quick commerce start-up that specializes in on-demand grocery delivery. The platform offers a wide range of products, including fresh fruits and vegetables, dairy, meat, seafood, medicines, stationery, and snacks, allowing consumers to purchase essential items conveniently. By focusing on delivering groceries within a specified timeframe, Astro aims to provide an affordable and efficient shopping experience for its customers.
Raena is an Indonesian startup focused on empowering social media influencers to establish their own e-commerce brands within the beauty sector. Founded by Sreejita Deb, an alumna of Harvard Business School, Google, and Amazon, the company operates a web-based platform that caters to Indonesian consumers by offering a curated selection of beauty products sourced primarily from Japan and Korea. Raena's platform not only facilitates the sale of these products but also provides ready-made content and connects emerging beauty brands globally for drop shipping. This approach enables both beauty businesses and customers to easily access high-quality skincare and beauty products in a single, streamlined location.
KoinWorks
Series C in 2022
KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.
Otoklix is a company based in Jakarta Selatan, Indonesia, that specializes in the automotive aftermarket sector. Founded in 2019, it operates a platform designed to connect vehicle owners with independent car workshops, addressing the challenges of a fragmented repair industry. The platform allows users to book automotive services online at nearby recommended workshops, ensuring transparency in pricing and service quality. Otoklix enhances the customer experience by providing a warranty for transactions at partner workshops and enabling users to track their vehicle's repair and maintenance history within the application. Additionally, Otoklix offers customer relationship management and supply chain management solutions to support independent workshops in improving their visibility and operational efficiency.
EdenFarm Indonesia
Series A in 2021
EdenFarm Indonesia specializes in the distribution of fresh produce, including fruits, vegetables, and dry goods, directly to restaurants across the country. By collaborating with local farmers and central markets, the company eliminates intermediaries in the supply chain, allowing for more efficient delivery and better profit margins for farmers. This direct connection fosters a sustainable food distribution system, ensuring that businesses receive high-quality products while supporting local agriculture. Through its services, EdenFarm aims to enhance the economic viability of farmers and improve access to fresh produce for the restaurant industry in Indonesia.
Astro Indonesia is a quick commerce start-up that specializes in on-demand grocery delivery. The platform offers a wide range of products, including fresh fruits and vegetables, dairy, meat, seafood, medicines, stationery, and snacks, allowing consumers to purchase essential items conveniently. By focusing on delivering groceries within a specified timeframe, Astro aims to provide an affordable and efficient shopping experience for its customers.
Majoo is a Software-as-a-Service provider based in Jakarta, Indonesia, focused on delivering digital solutions for small and medium-sized enterprises (SMEs). Founded in 2019, the company offers a platform that connects SMEs to a comprehensive digital ecosystem, facilitating sales growth and customer outreach. By leveraging digital applications, Majoo empowers businesses to enhance their operations and drive expansion, ultimately fostering entrepreneurship and contributing to the acceleration of the digital economy.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Legit Group
Seed Round in 2021
Legit Group is a multi-brand cloud kitchen operator based in Jakarta, Indonesia, established in 2021. The company focuses on delivering high-quality meals by meticulously overseeing every aspect of its operations, from research and development to production and customer delivery. It operates a network of cloud kitchen outlets that cater to both offline dining, where meals are consumed shortly after preparation, and online dining, which ensures food remains fresh during delivery. By prioritizing quality and affordability, Legit Group aims to provide a seamless dining experience for its customers.
Durianpay
Seed Round in 2021
Durianpay is a payment platform that enhances the efficiency of payment processes for businesses in Indonesia. By connecting companies to various payment service providers and gateways, Durianpay enables them to accept and process a diverse array of payment methods, including credit cards, debit cards, online banking, e-wallets, and virtual accounts through a single low-code integration. The platform offers mobile software development kits, customizable checkout pages, and pure API integrations, facilitating quick adoption and comprehensive analytics via an intuitive dashboard. Durianpay's mission is to modernize and democratize payment solutions, making transactions more affordable, faster, and seamless for start-ups and small businesses across the region.
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Majoo is a Software-as-a-Service provider based in Jakarta, Indonesia, focused on delivering digital solutions for small and medium-sized enterprises (SMEs). Founded in 2019, the company offers a platform that connects SMEs to a comprehensive digital ecosystem, facilitating sales growth and customer outreach. By leveraging digital applications, Majoo empowers businesses to enhance their operations and drive expansion, ultimately fostering entrepreneurship and contributing to the acceleration of the digital economy.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
EdenFarm Indonesia
Seed Round in 2021
EdenFarm Indonesia specializes in the distribution of fresh produce, including fruits, vegetables, and dry goods, directly to restaurants across the country. By collaborating with local farmers and central markets, the company eliminates intermediaries in the supply chain, allowing for more efficient delivery and better profit margins for farmers. This direct connection fosters a sustainable food distribution system, ensuring that businesses receive high-quality products while supporting local agriculture. Through its services, EdenFarm aims to enhance the economic viability of farmers and improve access to fresh produce for the restaurant industry in Indonesia.
Raena is an Indonesian startup focused on empowering social media influencers to establish their own e-commerce brands within the beauty sector. Founded by Sreejita Deb, an alumna of Harvard Business School, Google, and Amazon, the company operates a web-based platform that caters to Indonesian consumers by offering a curated selection of beauty products sourced primarily from Japan and Korea. Raena's platform not only facilitates the sale of these products but also provides ready-made content and connects emerging beauty brands globally for drop shipping. This approach enables both beauty businesses and customers to easily access high-quality skincare and beauty products in a single, streamlined location.
Danacita is an ErudiFi company that is on a mission to democratize access to higher education in Indonesia. It has funded students from over 100 tertiary institutes throughout the country and is registered with OJK as a P2P platform.
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.
BukuWarung
Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for Indonesia's 60 million micro, small, and medium enterprises (MSMEs). The company offers a platform that enables users to efficiently manage their businesses through features such as digital bookkeeping, online storefronts, and payment processing. By facilitating the recording of daily financial transactions, including sales and customer accounts, BukuWarung helps small businesses maintain accurate sales records, issue bills via messaging applications, and generate daily business reports. The platform aims to empower MSMEs by enhancing their financial awareness and enabling effective business management through technology.
Esensi Solusi Buana
Seed Round in 2020
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Kargo Technologies
Series A in 2020
Kargo Technologies is an online logistics platform based in Jakarta, Indonesia, founded in 2018. The company operates a freight logistics marketplace that connects shippers in the retail, e-commerce, and commercial sectors with truck fleets across the Indonesian archipelago. Kargo Technologies enables users to digitize freight matching, facilitating real-time transactions and shipment tracking through its website and mobile app. By eliminating intermediaries, the platform empowers shippers, transporters, and truckers to enhance their business networks and increase revenue, thereby improving overall supply chain efficiency.
BukuWarung
Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for Indonesia's 60 million micro, small, and medium enterprises (MSMEs). The company offers a platform that enables users to efficiently manage their businesses through features such as digital bookkeeping, online storefronts, and payment processing. By facilitating the recording of daily financial transactions, including sales and customer accounts, BukuWarung helps small businesses maintain accurate sales records, issue bills via messaging applications, and generate daily business reports. The platform aims to empower MSMEs by enhancing their financial awareness and enabling effective business management through technology.
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.
Hacktiv8
Seed Round in 2020
Hacktiv8 is a prominent coding bootcamp in Indonesia focused on transforming absolute beginners into job-ready developers. The institution offers a comprehensive curriculum that covers essential programming skills, including HTML, CSS, and advanced JavaScript, equipping students with the necessary expertise to thrive in the technology sector. As the first coding bootcamp in Indonesia to introduce Income Share Agreements, Hacktiv8 provides an innovative financing option that allows students to pursue their education at no upfront cost, repaying their tuition through a percentage of their future income. This approach makes coding education more accessible and encourages a diverse range of individuals to enter the tech workforce.
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.
Waste4Change
Venture Round in 2019
Waste4Change, established in 2014, operates as a pioneering waste management platform in Indonesia, serving businesses, individuals, and government agencies. Its core mission is to mitigate environmental pollution by minimizing waste leakage and reducing landfill waste. The company achieves this through comprehensive services including reduced waste-to-landfill solutions, in-store recycling programs, and educational initiatives like the 3R School Program. Waste4Change fosters a collaborative approach, leveraging technology to promote a circular economy and sustainable waste management practices across Indonesia.
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Akseleran
Series A in 2019
Akseleran is a peer-to-peer lending platform that connects small and medium-sized enterprises (SMEs) seeking loans with a network of lenders. The company facilitates access to capital for businesses, offering competitive interest rates, flexible loan tenors, and various payment models. Akseleran enhances the lending landscape in Indonesia by providing alternative financing options that enable entrepreneurs to secure the funds necessary for growth. Its platform streamlines administrative tasks, allowing businesses to focus on development while ensuring that lenders have the opportunity to earn attractive returns aligned with the risks of their investments.
Wahyoo Ventures
Seed Round in 2019
Wahyoo Ventures is a company based in Tangerang, Indonesia, that focuses on supporting small and medium-sized enterprises (SMEs) in the food and beverage sector. Founded in 2017, it operates an integrated development platform that provides essential services to culinary businesses. These services include e-supplies for vegetables, groceries, and kitchen necessities, as well as micro-financing and partnerships with kitchen operators. Wahyoo Ventures aims to enhance the operational efficiency of F&B SMEs by facilitating the digitization of their processes, managing cash flow, and implementing loyalty programs. Currently, the company serves approximately 27,000 kitchens across the Jabodetabek area, helping them attract customers and improve their marketing efforts through training and education.
KoinWorks
Series B in 2019
KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.
Bobobox Indonesia
Seed Round in 2019
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It specializes in providing innovative accommodation services aimed at travelers and millennials seeking unique and efficient lodging experiences. Bobobox offers a range of options designed for both short-term visitors and commuters looking to recharge. In addition to its core services, the company also provides franchise opportunities, enabling expansion of its hospitality model across different markets.
Fore Coffee Indonesia
Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company aims to transform coffee consumption through the integration of technology. Fore Coffee focuses on providing a distinctive experience by brewing each cup with freshly roasted Arabica beans, which are carefully sourced and blended to enhance flavor and strength. The emphasis on quality and innovation positions Fore Coffee as a notable player in the Indonesian coffee market.
R Fitness
Seed Round in 2019
R Fitness is a prominent wellness brand in Indonesia, providing a comprehensive range of services focused on both mental and physical health. The company operates in five locations and through its dedicated app, offering holistic classes that include Zumba, circuit training, meditation, and yoga. In addition to these fitness offerings, R Fitness hosts talk shows and seminars aimed at enhancing overall well-being. The facilities are designed to support a full-body workout experience, featuring amenities such as lockers and shower spaces. Through its diverse programs, R Fitness enables clients to engage in effective exercise routines, improve cardiovascular endurance, and achieve their wellness goals.
PAYFAZZ
Venture Round in 2018
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
ZUZU Hospitality
Series A in 2018
ZUZU Hospitality Solutions, based in Singapore, specializes in providing comprehensive online revenue management and marketing services tailored for small hotels. The company offers a unified software and service platform that encompasses sales and marketing solutions, acting as the primary partner for hoteliers to drive revenue growth through efficient distribution and revenue management strategies. This enables hoteliers to focus on their core operations while ZUZU powers their back-office revenue generation business.
KoinWorks
Series A in 2018
KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.
ErudiFi
Seed Round in 2018
ErudiFi is a technology company dedicated to making education more affordable in Southeast Asia. Operating under the names Danacita in Indonesia and Bukas in the Philippines, ErudiFi provides an education financing platform that assists students in obtaining low-interest educational loans. The platform enables users to apply for loans online, with approval based on factors such as family income, area of study, and academic merit. By streamlining the application process and minimizing documentation requirements, ErudiFi has facilitated funding for thousands of students, thereby enhancing access to education and contributing to long-term societal transformation.
Carsome is an online platform that specializes in the buying and selling of used cars, streamlining the process for both individuals and businesses. Founded in 2015 and headquartered in Malaysia, the company has expanded its operations to Indonesia, Thailand, and Singapore. Carsome offers an array of services, including vehicle inspection, valuation, and logistics, facilitating a seamless transaction between sellers and dealers. Through its online bidding portal, customers can sell their cars quickly, often within a day, without incurring any fees. Additionally, Carsome provides a curated selection of pre-owned vehicles for buyers, enhancing the overall experience in the used car market.
Warung Pintar Group
Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.
Hacktiv8
Seed Round in 2018
Hacktiv8 is a prominent coding bootcamp in Indonesia focused on transforming absolute beginners into job-ready developers. The institution offers a comprehensive curriculum that covers essential programming skills, including HTML, CSS, and advanced JavaScript, equipping students with the necessary expertise to thrive in the technology sector. As the first coding bootcamp in Indonesia to introduce Income Share Agreements, Hacktiv8 provides an innovative financing option that allows students to pursue their education at no upfront cost, repaying their tuition through a percentage of their future income. This approach makes coding education more accessible and encourages a diverse range of individuals to enter the tech workforce.
ZUZU Hospitality
Seed Round in 2017
ZUZU Hospitality Solutions, based in Singapore, specializes in providing comprehensive online revenue management and marketing services tailored for small hotels. The company offers a unified software and service platform that encompasses sales and marketing solutions, acting as the primary partner for hoteliers to drive revenue growth through efficient distribution and revenue management strategies. This enables hoteliers to focus on their core operations while ZUZU powers their back-office revenue generation business.
GoWork is a prominent provider of coworking space rental services in Indonesia, dedicated to creating inspiring and fully equipped workspaces that facilitate business growth. The company focuses on fostering a collaborative environment through meticulously researched spatial design and integrated technology. By offering a range of amenities and tools, GoWork aims to empower its members and enhance their productivity. The company's mission includes building a vibrant business community, supported by partnerships with leading brands in coworking, lifestyle, and real estate. Through these efforts, GoWork positions itself as a key player in the evolving landscape of workspaces, catering to the needs of modern businesses.
PAYFAZZ
Convertible Note in 2017
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
Kata.ai is an Indonesian company specializing in conversational artificial intelligence, aiming to enhance interactions between humans and machines through advanced natural language processing technology. Founded in 2015, the company has developed a platform that enables businesses to create intelligent chatbots for use in various messaging applications, facilitating automated conversations and improving customer engagement. Its technology has been implemented by major corporations in Indonesia, including Unilever and Telkomsel, across diverse sectors. Kata.ai's proprietary Kata Bot Platform allows organizations of all sizes to easily design and deploy customized chatbots, helping to streamline communication and enhance brand-audience interaction. The company has established partnerships with notable firms such as Microsoft and Accenture, and it secured Series-A funding in 2017 to support its growth and innovation in the AI space.
PAYFAZZ
Seed Round in 2017
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
Sorabel is a rapidly growing startup that operates an online shopping platform focused on providing affordable, high-quality women's clothing and accessories. By leveraging data and technology, Sorabel minimizes overhead costs and eliminates intermediaries, allowing customers to purchase apparel at discounted prices. The company aims to challenge the traditional fashion industry, which often prioritizes profit over accessibility, by ensuring that everyone, including the working class and underprivileged, has access to essential clothing. Sorabel's team comprises graduates from prestigious institutions and experienced professionals from leading companies, contributing to its innovative approach. The company has offices in various cities, including Jakarta, Tangerang, Yogyakarta, Bandung, Bali, and Singapore, further establishing its presence in the Southeast Asian market.
Urbanhire
Seed Round in 2017
Urbanhire is a developer of an online recruitment platform aimed at enhancing the employee search and hiring process. The platform allows users to search for jobs, upload resumes, and specify their desired work domains, facilitating a more efficient recruitment experience. By focusing on technological excellence, collaboration, and people empowerment, Urbanhire strives to provide companies with the tools necessary to attract and retain talented individuals. The company emphasizes the importance of strategic recruitment as a competitive advantage and is particularly committed to supporting growing businesses in Indonesia and across Asia.
Ematic Solutions
Seed Round in 2017
Ematic Solutions, established in 2012 and headquartered in Singapore, is a global provider of email marketing solutions. With offices across Asia, Europe, and North America, the company employs over 80 people. Ematic's platform leverages predictive AI and automated optimisation to help brands maximise revenue through email campaigns. Serving hundreds of customers worldwide, including prominent names in beauty, e-commerce, fashion, hospitality, travel, and tech sectors, Ematic has demonstrated exceptional results. Backed by renowned investors such as 500 Startups, MDI/Telkom, Walden International, Wavemaker Partners, and Convergence Ventures, the company continues to expand its global footprint.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
Laku6
Convertible Note in 2016
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. The company targets the emerging middle class by making smartphone ownership and upgrades more affordable through its recommerce model. Laku6 offers accurate and up-to-date pricing and device information, helping customers to purchase quality smartphones at competitive prices. By focusing on the resale market for used mobile phones, Laku6 addresses the growing demand for accessible technology among consumers.
e27 is a media company based in Singapore that focuses on Asia's technology startup ecosystem. Founded in 2006, it reports on the latest developments impacting the technology industry, highlights emerging web and mobile applications, and profiles the founders behind these startups. The company aims to provide valuable insights and perspectives from industry professionals and mentors to its readership. In addition to its media operations, e27 organizes the Echelon Conference, a significant event that brings together entrepreneurs, innovators, investors, government representatives, and technology companies to share knowledge and foster connections within the startup community. Through its platform, e27 equips entrepreneurs with essential tools, resources, and networking opportunities to help them build and grow their businesses.
ZUZU Hospitality
Angel Round in 2016
ZUZU Hospitality Solutions, based in Singapore, specializes in providing comprehensive online revenue management and marketing services tailored for small hotels. The company offers a unified software and service platform that encompasses sales and marketing solutions, acting as the primary partner for hoteliers to drive revenue growth through efficient distribution and revenue management strategies. This enables hoteliers to focus on their core operations while ZUZU powers their back-office revenue generation business.
Ematic Solutions
Seed Round in 2016
Ematic Solutions, established in 2012 and headquartered in Singapore, is a global provider of email marketing solutions. With offices across Asia, Europe, and North America, the company employs over 80 people. Ematic's platform leverages predictive AI and automated optimisation to help brands maximise revenue through email campaigns. Serving hundreds of customers worldwide, including prominent names in beauty, e-commerce, fashion, hospitality, travel, and tech sectors, Ematic has demonstrated exceptional results. Backed by renowned investors such as 500 Startups, MDI/Telkom, Walden International, Wavemaker Partners, and Convergence Ventures, the company continues to expand its global footprint.
Black Garlic
Seed Round in 2016
PT Black Garlic is an Indonesian company that specializes in online meal kit delivery services. Founded in 2015 and based in Jakarta, it offers a variety of fresh ingredients, including meats, vegetables, and seasonings, along with detailed recipe cards featuring step-by-step instructions. The recipes are curated by culinary expert William Wongso, allowing customers to prepare special meals at home with ease. Black Garlic aims to simplify cooking for those who may not have extensive culinary skills, making it accessible for everyone to enjoy high-quality, homemade dishes.
Xfers is a Major Payment Institution approved by the Monetary Authority of Singapore, specializing in e-money issuance services. The company operates a payment processing platform that facilitates credit card processing and internet banking transfers. By leveraging advanced technology, Xfers provides secure payment solutions to automate bank transfer payments, allowing users to efficiently pay, receive, and manage online transactions. The platform is designed to support businesses in accessing last-mile financial services, particularly catering to the underbanked population in the region.
Ematic Solutions
Seed Round in 2015
Ematic Solutions, established in 2012 and headquartered in Singapore, is a global provider of email marketing solutions. With offices across Asia, Europe, and North America, the company employs over 80 people. Ematic's platform leverages predictive AI and automated optimisation to help brands maximise revenue through email campaigns. Serving hundreds of customers worldwide, including prominent names in beauty, e-commerce, fashion, hospitality, travel, and tech sectors, Ematic has demonstrated exceptional results. Backed by renowned investors such as 500 Startups, MDI/Telkom, Walden International, Wavemaker Partners, and Convergence Ventures, the company continues to expand its global footprint.
Qraved is a leading food discovery platform in Indonesia that addresses the challenge of finding dining options. It operates a comprehensive platform that integrates content, community, and commerce, functioning similarly to a combination of popular food media and restaurant booking services. Through its web and mobile applications, Qraved provides personalized access to aggregated and curated content, including user-generated reviews, ratings, and photos from various sources. The platform connects millions of users with over 30,000 restaurants, offering recommendations, promotional offers, and the ability to make reservations seamlessly. Additionally, Qraved enables users to earn dining points, enhancing their culinary experiences.
MoneySmart Singapore
Series A in 2015
MoneySmart Singapore is a prominent personal finance portal in Southeast Asia that assists consumers in comparing various financial products, including loans, insurance, and credit cards. The company aims to simplify personal finance decisions by providing an all-in-one platform where users can easily access and evaluate financial options. MoneySmart understands the diverse needs of everyday consumers, offering tools and resources to help them achieve their financial goals, whether it be budgeting, saving for significant life events, or planning for retirement. By facilitating comparisons and applications for financial products, MoneySmart empowers users to make informed decisions tailored to their unique circumstances. The platform serves as a reliable resource for individuals seeking to manage their finances effectively and maximize their financial well-being.
Kata.ai
Seed Round in 2015
Kata.ai is an Indonesian company specializing in conversational artificial intelligence, aiming to enhance interactions between humans and machines through advanced natural language processing technology. Founded in 2015, the company has developed a platform that enables businesses to create intelligent chatbots for use in various messaging applications, facilitating automated conversations and improving customer engagement. Its technology has been implemented by major corporations in Indonesia, including Unilever and Telkomsel, across diverse sectors. Kata.ai's proprietary Kata Bot Platform allows organizations of all sizes to easily design and deploy customized chatbots, helping to streamline communication and enhance brand-audience interaction. The company has established partnerships with notable firms such as Microsoft and Accenture, and it secured Series-A funding in 2017 to support its growth and innovation in the AI space.
Xfers is a Major Payment Institution approved by the Monetary Authority of Singapore, specializing in e-money issuance services. The company operates a payment processing platform that facilitates credit card processing and internet banking transfers. By leveraging advanced technology, Xfers provides secure payment solutions to automate bank transfer payments, allowing users to efficiently pay, receive, and manage online transactions. The platform is designed to support businesses in accessing last-mile financial services, particularly catering to the underbanked population in the region.
Xendit is a Southeast Asian fintech company that specializes in providing payment infrastructure primarily in Indonesia and the Philippines. Founded in 2014 by Moses Lo, Tessa Wijaya, Bo Chen, and Juan Gonzalez, Xendit offers a robust payment gateway platform that enables businesses to accept various forms of payments, including bank transfers, virtual accounts, and credit cards. The company simplifies payment processes through a suite of world-class APIs and an intuitive dashboard, allowing businesses to efficiently manage transactions, disburse payroll, and access loan services while also detecting fraud. By streamlining these financial operations, Xendit supports the growth of businesses in the region.
e27 is a media company based in Singapore that focuses on Asia's technology startup ecosystem. Founded in 2006, it reports on the latest developments impacting the technology industry, highlights emerging web and mobile applications, and profiles the founders behind these startups. The company aims to provide valuable insights and perspectives from industry professionals and mentors to its readership. In addition to its media operations, e27 organizes the Echelon Conference, a significant event that brings together entrepreneurs, innovators, investors, government representatives, and technology companies to share knowledge and foster connections within the startup community. Through its platform, e27 equips entrepreneurs with essential tools, resources, and networking opportunities to help them build and grow their businesses.
Adskom Pte. Ltd. is an advertising technology company based in Singapore, with additional offices in Jakarta, Indonesia, Palo Alto, California, and Noida, India. Founded in 2013, the company specializes in providing digital advertising solutions tailored for the ASEAN market. Adskom develops programmatic advertising platforms designed to meet the inventory optimization needs of publishers, enhance campaign performance for advertisers, and optimize budget spending for ad buyers. The company's mission is to empower the digital advertising industry through effective technology and insightful business services.
Qraved is a leading food discovery platform in Indonesia that addresses the challenge of finding dining options. It operates a comprehensive platform that integrates content, community, and commerce, functioning similarly to a combination of popular food media and restaurant booking services. Through its web and mobile applications, Qraved provides personalized access to aggregated and curated content, including user-generated reviews, ratings, and photos from various sources. The platform connects millions of users with over 30,000 restaurants, offering recommendations, promotional offers, and the ability to make reservations seamlessly. Additionally, Qraved enables users to earn dining points, enhancing their culinary experiences.
FemaleDaily Network
Series A in 2014
Female Daily is Indonesia's largest beauty destination on a mission to revolutionise the way Indonesian women discover, share and buy beauty products, services & cosmetics. It's home to the largest female online community and beauty enthusiast where content, community meets commerce. Share and discover most comprehensive beauty products, reviews, trends, and original editorial content.
MBDC Media
Seed Round in 2014
MBDC Media is a Jakarta-based digital brand and content producer established in 2011. It specializes in creating high-quality video content and premium web series tailored for a youth audience in Indonesia. The company operates a network of online platforms, with Malesbanget.com recognized as the country’s largest humor and entertainment viral media channel. MBDC Media is also a YouTube Certified Company, managing a multi-channel network known as RED Network, which features a variety of popular YouTube creators and channels. The company's offerings include trending news, humor, and information, all hyperlocalized to resonate with the Indonesian audience, thereby keeping users engaged with fashion and current trends.