AC Ventures

AC Ventures is an early-stage technology venture fund that focuses on investing in Indonesia’s digital disruptors. Their mission is to partner and support their entrepreneurs with more than capital, combining their operating experience, industry knowledge, and deep local network to bring value. The company was founded in 2020 and is based in Jakarta, Indonesia.

Melina Anlin

Vice President of Investment

Alvin Cahyadi

Vice President of Investment

Adrian Li

Founder and Managing Partner

Jeremy Sianto

Senior Investment Associate

Nicholas Sunjaya

Senior Investment Associate

Helen Wong

Managing Partner

Helen Wong

Managing Partner

Past deals in Indian Ocean

Brik

Seed Round in 2023
Brik is a construction material aggregator that enables small and midsize contractors to procure construction materials from vendors.

EdenFarm

Series A in 2023
Eden Farm deliver fruit, vegetables and dry goods to restaurants in Indonesia. We work directly with local farmers and central markets all across the country.

SkorLife

Pre Seed Round in 2022
SkorLife Platforms provides credit history or credit score.

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.

KitaBeli

Venture Round in 2022
KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items.

PINA Indonesia

Seed Round in 2022
PINA Indonesia is a developer of a personal finance application aimed at helping users achieve financial freedom. The app offers automated money management and investment solutions, along with personalized expert advice. By providing comprehensive wealth management and financial planning services, PINA Indonesia enables users to manage their finances efficiently and effectively.

Astro

Series B in 2022
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 addresses the challenges faced by job seekers in the country, particularly those from lower and middle-income segments. The platform offers a comprehensive ecosystem that includes a job marketplace, an upskilling institute, and a community-based support system. By focusing on these areas, Atma aims to enhance the job search experience for individuals while simultaneously improving the candidate search process for companies and businesses. Through its community-driven approach, Atma seeks to empower job seekers and facilitate meaningful employment opportunities.

Broom

Pre Seed Round in 2022
Broom is a developer of a digital platform tailored for the automotive industry, focusing on funding, car auctions, and vehicle sales. The platform allows automotive dealers to secure short-term loans by using their car inventories as collateral. This service enables clients and showroom owners to obtain necessary supplies and facilitate vehicle sales, thereby enhancing the development and reliability of their businesses.

NOBI

Seed Round in 2022
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.

Grow Commerce

Seed Round in 2022
Grow Commerce specializes in acquiring and scaling brands to maximize their growth potential. The company provides brand owners with fair and flexible valuation options, facilitating their ability to sell their businesses. By leveraging a technology-driven approach, Grow Commerce aids in accelerating the growth of acquired businesses, allowing owners to achieve their financial objectives more swiftly. This combination of operational support and strategic valuation empowers business owners to make informed decisions about cashing out their investments.

JULO

Series B in 2022
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

Majoo

Seed Round in 2022
Majoo is a apps company located in Jakarta.

Sirka

Seed Round in 2022
Operator of a health-tech firm intended to help people with their obesity and diabetes and improve their eating habits. The company's application connects users to dietitians for meal plan recommendations as part of a three- or six-month program where users can set their goals, diets, and any diseases that need help with diet and improve nutritional intake, enabling users to lead a healthy lifestyle.

Astro

Series A in 2022
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.

Aruna

Series A in 2022
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

CoLearn

Series A in 2022
CoLearn is an edtech platform based in Jakarta, Indonesia, that empowers tuition centers and tutors to deliver online learning experiences for students. Founded in 2018, CoLearn offers a range of services, including live-streamed classes and homework and exam assistance. The platform features a practice tool that allows students to learn independently at their own pace, complete with hints and solutions for each problem. Additionally, CoLearn provides tutors with a real-time dashboard to better understand each student's strengths and weaknesses, enhancing the learning experience. The company's mission is to elevate education standards in Indonesia, preparing its youth to be globally competitive.

Raena

Series A in 2022
Raena R.U. PTE. LTD is an e-commerce platform based in Singapore, primarily focused on enabling social media influencers to launch their own beauty brands. Founded in 2018, the company specializes in product development, marketing, brand construction, sales, and distribution. In addition to supporting influencers, Raena also caters to Indonesian customers by offering a selection of beauty products sourced from Japan and Korea. The company was established by Sreejita Deb, who has a background in prestigious institutions such as Harvard Business School, Google, and Amazon.

KoinWorks

Series C in 2022
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

Otoklix

Series A in 2021
Otoklix operates a platform that facilitates automotive aftermarket services in Indonesia, aiming to connect vehicle owners with independent workshops. Founded in 2019 and based in Jakarta Selatan, the company offers an online booking system that allows users to schedule services at nearby recommended workshops. Otoklix provides a user-friendly experience by ensuring standard and transparent pricing for services, along with warranties for transactions at partner workshops. Additionally, the platform helps independent car workshops improve visibility and efficiency through customer relationship management and supply chain solutions. By enhancing the vehicle maintenance experience, Otoklix addresses the challenges posed by the fragmented auto repair industry in Indonesia, allowing users to track their repair and maintenance history easily.

EdenFarm

Series A in 2021
Eden Farm deliver fruit, vegetables and dry goods to restaurants in Indonesia. We work directly with local farmers and central markets all across the country.

Astro

Seed Round in 2021
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.

Nama Beauty

Seed Round in 2021
NAMA Beauty is a direct-to-consumer brand specializing in cosmetics and skincare products. The company offers a diverse range of beauty items, including decorative cosmetics, skincare solutions, and health-related beauty care. Their product lineup features face serums, collagen powder drinks, glow creams, and various makeup articles such as highlighters, eyeliners, and lip mattes. NAMA Beauty aims to provide women with access to affordable beauty care products that cater to their individual needs.

Majoo

Seed Round in 2021
Majoo is a apps company located in Jakarta.

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 cloud kitchen company operating in Southeast Asia, specializing in the creation of food and beverage brands tailored for delivery services. The firm offers a dual-platform approach that caters to both offline and online dining experiences. For offline dining, food is prepared for immediate consumption, while the online dining service ensures that meals remain fresh and in optimal condition during delivery, even under challenging circumstances. This model allows Legit Group to provide customers with affordable, high-quality food options, emphasizing convenience and freshness in the growing delivery market.

Segari

Series A in 2021
Segari operates as an online grocery company.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Aruna

Series A in 2021
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Aruna

Series A in 2021
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Majoo

Seed Round in 2021
Majoo is a apps company located in Jakarta.

OY!

Series A in 2021
OY! is a fintech application based in Jakarta that aims to simplify financial management for its users. Founded in 2017 by Hilfi Alkaff, Jan Kristanto, and Jesayas Ferdinandus, the platform offers a free and user-friendly way to transfer money directly from debit cards, view bank account balances, and access bank statements. By integrating various financial products into a single platform, OY! enables clients to streamline their financial transactions, promoting financial wellness and saving time.

KLAR Smile

Seed Round in 2021
Klar is an aesthetic dental technology startup that provides cosmetic dentistry treatments.

Bibit

Venture Round in 2021
Bibit is a Robo-advisor application aimed at making investing more accessible in Indonesia. It offers a financial platform that assists users with personal investments by intelligently allocating their funds into a diversified mutual fund portfolio. The platform takes into account individual factors such as age, income, and overall risk profile, thereby providing users with a streamlined and hassle-free investment experience. Bibit effectively combines technology with professional financial planning services, enabling a broader audience to engage in investment activities.

CoLearn

Series A in 2021
CoLearn is an edtech platform based in Jakarta, Indonesia, that empowers tuition centers and tutors to deliver online learning experiences for students. Founded in 2018, CoLearn offers a range of services, including live-streamed classes and homework and exam assistance. The platform features a practice tool that allows students to learn independently at their own pace, complete with hints and solutions for each problem. Additionally, CoLearn provides tutors with a real-time dashboard to better understand each student's strengths and weaknesses, enhancing the learning experience. The company's mission is to elevate education standards in Indonesia, preparing its youth to be globally competitive.

Shipper

Series B in 2021
Shipper is an e-commerce logistics platform that collaborates with online and corporate vendors to facilitate the shipment of goods using selected logistics services. The platform provides a comprehensive package pick-up service and operates fulfillment centers, allowing logistics providers to efficiently manage shipments. It utilizes advanced technology to predict optimal shipping routes and consolidate packages heading to the same destination. Additionally, Shipper offers a multi-carrier API that enables sellers to easily manage orders, print shipping labels, and access tracking information from various providers through their mobile devices. This streamlined approach enhances the efficiency of order fulfillment and tracking for online vendors.

Shipper

Series B in 2021
Shipper is an e-commerce logistics platform that collaborates with online and corporate vendors to facilitate the shipment of goods using selected logistics services. The platform provides a comprehensive package pick-up service and operates fulfillment centers, allowing logistics providers to efficiently manage shipments. It utilizes advanced technology to predict optimal shipping routes and consolidate packages heading to the same destination. Additionally, Shipper offers a multi-carrier API that enables sellers to easily manage orders, print shipping labels, and access tracking information from various providers through their mobile devices. This streamlined approach enhances the efficiency of order fulfillment and tracking for online vendors.

KitaBeli

Series A in 2021
KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items.

Segari

Seed Round in 2021
Segari operates as an online grocery company.

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

Seed Round in 2021
Eden Farm deliver fruit, vegetables and dry goods to restaurants in Indonesia. We work directly with local farmers and central markets all across the country.

Raena

Series A in 2021
Raena R.U. PTE. LTD is an e-commerce platform based in Singapore, primarily focused on enabling social media influencers to launch their own beauty brands. Founded in 2018, the company specializes in product development, marketing, brand construction, sales, and distribution. In addition to supporting influencers, Raena also caters to Indonesian customers by offering a selection of beauty products sourced from Japan and Korea. The company was established by Sreejita Deb, who has a background in prestigious institutions such as Harvard Business School, Google, and Amazon.

ALAMI

Series A in 2021
SME financing aggregator focusing on sharia market, thrive to revolutionize the sharia finance industry through technology.

Stockbit

Series C in 2021
Stockbit is an investment community based in Indonesia that provides a platform for investors and traders to share ideas, news, and financial information in real-time. The platform allows users to create profiles and follow specific stocks or preferred investors to access valuable insights and engage in discussions. It focuses on the Indonesian market, offering tools for stock price charting and comprehensive financial data, which enables individuals to analyze and make informed investment decisions. Through its features, Stockbit fosters a collaborative environment where users can exchange thoughts and enhance their investment strategies.

Bibit

Series A in 2021
Bibit is a Robo-advisor application aimed at making investing more accessible in Indonesia. It offers a financial platform that assists users with personal investments by intelligently allocating their funds into a diversified mutual fund portfolio. The platform takes into account individual factors such as age, income, and overall risk profile, thereby providing users with a streamlined and hassle-free investment experience. Bibit effectively combines technology with professional financial planning services, enabling a broader audience to engage in investment activities.

CoLearn

Seed Round in 2020
CoLearn is an edtech platform based in Jakarta, Indonesia, that empowers tuition centers and tutors to deliver online learning experiences for students. Founded in 2018, CoLearn offers a range of services, including live-streamed classes and homework and exam assistance. The platform features a practice tool that allows students to learn independently at their own pace, complete with hints and solutions for each problem. Additionally, CoLearn provides tutors with a real-time dashboard to better understand each student's strengths and weaknesses, enhancing the learning experience. The company's mission is to elevate education standards in Indonesia, preparing its youth to be globally competitive.

Finantier

Seed Round in 2020
Finantier operates an open finance platform that delivers essential infrastructure and data products for businesses in Southeast Asia. Founded in 2020 and based in Jakarta Selatan, Indonesia, the company enables institutions to access and enrich datasets from various financial sources, including banks and financial companies. Its platform facilitates services such as account integration, income and identity verification, and recurring payment management. By utilizing application programming interfaces (APIs), Finantier allows businesses to build advanced financial services that integrate consumer data from personal bank accounts, card details, loans, and mortgages. The company aims to position itself as a central player in the region's digital economy.

KitaBeli

Seed Round in 2020
KitaBeli is a startup that sells daily essentials, fast-moving consumer goods (FMCG), and other household items.

Aruna

Series A in 2020
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Ayopop

Series B in 2020
PT. Ayopop Teknologi Indonesia, founded in 2016 and headquartered in Jakarta, Indonesia, specializes in developing billing network software aimed at facilitating seamless payment solutions. The company offers a range of tools including Biller Open API for recurring customer payments, Transaction API for bill payments and digital goods, and Biller Reminder System to enhance bill payment experiences. Additionally, Ayopop provides AutoRecon for transaction matching across systems, Ayoconnect Insights for data analytics, and Smart Payments for improved transaction efficiency. Its services cater to various sectors including utilities, financial institutions, telecommunications, online services, housing, education, and content publishing, thereby supporting a wide ecosystem of bill providers and consumers in their payment processes.

BukuWarung

Seed Round in 2020
BukuWarung is a technology startup founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty in Jakarta, Indonesia. The company offers an accounting and credit management app tailored for micro-businesses, allowing them to efficiently track their financial transactions, including sales, expenses, and customer accounts. The platform integrates digital payment solutions, which facilitate cash and credit management for small merchants. By automating payment reminders, BukuWarung helps users achieve faster repayments and improved cash flow, while also providing essential business reports to enhance financial visibility. Overall, BukuWarung's services empower small businesses to maintain accurate records and streamline their financial operations.

Soul Parking

Seed Round in 2020
Soul Parking is a specialized parking management service that addresses urban motorcycle parking challenges through innovative solutions. The company has developed compact motorcycle storage systems designed to optimize limited land areas while ensuring safety and comfort for users. These systems incorporate security measures, including closed-circuit television monitoring and the oversight of parking attendants, to provide a secure environment for two-wheelers. By focusing on modern design and efficient use of space, Soul Parking offers a reliable and accountable parking solution aimed at alleviating traffic congestion and enhancing the overall parking experience for motorcycle users.

Shipper

Series A in 2020
Shipper is an e-commerce logistics platform that collaborates with online and corporate vendors to facilitate the shipment of goods using selected logistics services. The platform provides a comprehensive package pick-up service and operates fulfillment centers, allowing logistics providers to efficiently manage shipments. It utilizes advanced technology to predict optimal shipping routes and consolidate packages heading to the same destination. Additionally, Shipper offers a multi-carrier API that enables sellers to easily manage orders, print shipping labels, and access tracking information from various providers through their mobile devices. This streamlined approach enhances the efficiency of order fulfillment and tracking for online vendors.

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, that connects shippers from the retail, e-commerce, and commercial sectors with truck fleets across the country. Established in 2018, the company offers a freight logistics marketplace that facilitates real-time transactions and tracking of shipments through its website and mobile app. By digitizing the freight matching process, Kargo Technologies eliminates intermediaries, allowing for more efficient connections between shippers, transporters, and truckers. This platform aims to streamline supply chains and enhance the overall logistics experience throughout the Indonesian archipelago.

BukuWarung

Seed Round in 2020
BukuWarung is a technology startup founded in 2019 by Chinmay Chauhan and Abhinay Peddisetty in Jakarta, Indonesia. The company offers an accounting and credit management app tailored for micro-businesses, allowing them to efficiently track their financial transactions, including sales, expenses, and customer accounts. The platform integrates digital payment solutions, which facilitate cash and credit management for small merchants. By automating payment reminders, BukuWarung helps users achieve faster repayments and improved cash flow, while also providing essential business reports to enhance financial visibility. Overall, BukuWarung's services empower small businesses to maintain accurate records and streamline their financial operations.

CoLearn

Funding Round in 2020
CoLearn is an edtech platform based in Jakarta, Indonesia, that empowers tuition centers and tutors to deliver online learning experiences for students. Founded in 2018, CoLearn offers a range of services, including live-streamed classes and homework and exam assistance. The platform features a practice tool that allows students to learn independently at their own pace, complete with hints and solutions for each problem. Additionally, CoLearn provides tutors with a real-time dashboard to better understand each student's strengths and weaknesses, enhancing the learning experience. The company's mission is to elevate education standards in Indonesia, preparing its youth to be globally competitive.

Waste4Change

Venture Round in 2019
Waste4Change is a waste management service provider in Indonesia focused on reducing landfill waste through technology and collaboration. The company aims to create a sustainable waste management ecosystem that supports a circular economy and promotes a waste-free environment. Its services encompass consultation, campaigning, and waste collection, along with innovative solutions for waste creation and recycling. By engaging with communities, Waste4Change seeks to offer responsible and sustainable waste management practices, contributing to the overall improvement of waste handling in the region.

StickEarn

Series A in 2019
StickEarn is an innovative advertising platform based in Cempaka Putih, Indonesia, founded in 2017. The company specializes in on-vehicle advertising, providing a unique solution that connects brands with drivers to facilitate impactful advertising campaigns. By leveraging vehicles as mobile billboards, StickEarn offers brands a dynamic way to reach their target audience while providing drivers with an opportunity to earn income through advertising. The platform focuses on creating memorable advertising experiences that enhance brand visibility and engagement.

Akseleran

Series A in 2019
Akseleran is a peer-to-peer lending platform that connects SMEs that need loans to develop businesses with a group of lenders who have more funds to fund the loan. Akseleran provides access to capital for businesses with competitive interest rates and flexibility in loan tenors, payment models, and collateral participation. Akseleran also opens alternative lending opportunities to the Indonesian people to obtain attractive returns and commensurate with the risks involved.

Shipper

Seed Round in 2019
Shipper is an e-commerce logistics platform that collaborates with online and corporate vendors to facilitate the shipment of goods using selected logistics services. The platform provides a comprehensive package pick-up service and operates fulfillment centers, allowing logistics providers to efficiently manage shipments. It utilizes advanced technology to predict optimal shipping routes and consolidate packages heading to the same destination. Additionally, Shipper offers a multi-carrier API that enables sellers to easily manage orders, print shipping labels, and access tracking information from various providers through their mobile devices. This streamlined approach enhances the efficiency of order fulfillment and tracking for online vendors.

Wahyoo

Seed Round in 2019
Wahyoo Group, founded in 2017 and based in Tangerang, Indonesia, develops a digital application aimed at supporting traditional food stall owners. The company provides a comprehensive range of products essential for food stalls, including vegetables, groceries, kitchen spices, noodles, tea, coffee, and other necessities. Wahyoo's mission is to enhance the quality of products and services offered by these food stalls, thereby contributing to their business success and overall prosperity. By leveraging technology, Wahyoo standardizes supply chain management, operational processes, marketing strategies, and financial infrastructure, enabling food stall owners to improve their efficiency and reach their goals.

Stockbit

Series A in 2019
Stockbit is an investment community based in Indonesia that provides a platform for investors and traders to share ideas, news, and financial information in real-time. The platform allows users to create profiles and follow specific stocks or preferred investors to access valuable insights and engage in discussions. It focuses on the Indonesian market, offering tools for stock price charting and comprehensive financial data, which enables individuals to analyze and make informed investment decisions. Through its features, Stockbit fosters a collaborative environment where users can exchange thoughts and enhance their investment strategies.

Bobobox

Seed Round in 2019
PT Bobobox Mitra Indonesia is a hospitality company founded in 2017 and headquartered in Bandung, Indonesia. It offers innovative accommodation services designed for travelers and millennial adventurers, allowing them to stay in a more efficient and comfortable manner. In addition to its core services, Bobobox also provides franchise opportunities, enabling others to join its expanding network. The company aims to create spaces where travelers can rest and recharge, catering to the needs of modern commuters and explorers.

Fore Coffee

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 in Indonesia through technological innovations. It serves coffee brewed from freshly roasted Arabica beans, ensuring a strong and flavorful experience for consumers. By focusing on quality sourcing and roasting techniques, Fore Coffee distinguishes itself in the competitive coffee market.

KoinWorks

Series A in 2018
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

Bizzy

Series A in 2018
Bizzy operates an online marketplace designed to streamline procurement activities for businesses. The platform facilitates the transition to online operations for merchants, allowing them to meet the logistical needs of B2B customers. By integrating shipments from various vendors through a crossdocking system at a fulfillment center operated by a partner, Bizzy enhances efficiency in order management. Additionally, the platform offers wholesale pricing based on purchase volume and provides access to multiple vendors, enabling clients to obtain office supplies at competitive rates.

ErudiFi

Seed Round in 2018
ErudiFi is a mission-driven technology company focused on making education affordable in Southeast Asia. Operating as Danacita in Indonesia and Bukas in the Philippines, ErudiFi has helped secure funding for thousands of students through tech-enabled partnerships with leading universities and vocational schools. By improving access to education, we believe we can drive generational transformation and build a better tomorrow.

Carsome

Series B in 2018
Carsome Sdn Bhd is an online platform that facilitates the sale of used cars by connecting customers with dealers across Malaysia and beyond. Founded in 2015 and headquartered in Petaling Jaya, the company offers a comprehensive suite of services that streamline the car-selling process, including vehicle inspection, valuation, bidding, payment, and logistics. Customers can sell their vehicles quickly and efficiently, often within a day, without incurring any fees. In addition to its core selling platform, Carsome also provides curated options for buyers seeking pre-owned vehicles. The company has expanded its operations to include markets in Indonesia, Thailand, and Singapore, enhancing its regional presence and accessibility.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company focused on enhancing the livelihoods of street vendors and underserved communities in Indonesia. By offering smart kiosk stores, Warung Pintar transforms traditional stalls with modern features such as digital point-of-sale systems, free Wi-Fi, and LCD screens. This technological integration not only improves the appearance and functionality of vendor stalls but also provides essential support for individuals seeking to establish their own businesses. Additionally, the company facilitates access to funding and land for aspiring shop owners, fostering financial inclusion and community engagement. Through data processing and analysis, Warung Pintar creates opportunities for social security and behavior monitoring, ultimately aiming to empower grassroots populations and stimulate economic growth in their communities.

JULO

Seed Round in 2017
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.

GetCraft

Seed Round in 2017
GetCraft is a premium creative network that connects marketers with content creators worldwide, facilitating efficient collaboration for content marketing, influencer marketing, and native advertising. The company provides access to a range of resources, including articles, research, webinars, and training, aimed at educating users on effective marketing strategies and campaigns. By enabling companies and agencies to discover creators and sponsored channels, GetCraft helps them acquire high-quality content at competitive prices, empowering creators to grow their businesses while streamlining the marketing process.

Dekoruma

Series A in 2016
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling a variety of home furnishings and furniture. Established in 2015 and based in Jakarta, Indonesia, the company offers products for various areas of the home, including kitchen and dining, bedroom, bathroom, and decor items, as well as household appliances and light products. Additionally, Dekoruma connects customers with interior designers, suppliers, and vendors, facilitating a comprehensive approach to home decoration and improvement. The company aims to provide affordable solutions for creating beautiful living spaces, emphasizing that achieving a warm and aesthetically pleasing home does not have to be costly.

Workmate

Seed Round in 2016
Helpster PTE Limited owns and operates an on-demand staffing platform for workers and businesses. The company’s platform workmate helps employers to find temporary and permanent staff, including long and short term hires, and part time and full time positions; and connects people with businesses. It assists companies to find staff in the areas of food and beverage, warehouse and logistics, hospitality, customer services, cleaning, retail, data entry, and events. The company was founded in 2015 and is based in Bangkok, Thailand with additional offices in Indonesia and Singapore.

Laku6

Convertible Note in 2016
PT. Laku6 Online Indonesia provides online buying and selling of gadgets. The company is based in Tebet, Indonesia.

Adskom

Series A in 2015
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

Series A in 2014
Qraved is a leading food discovery platform in Indonesia that addresses the challenge of choosing dining options. The platform combines content, community, and commerce, allowing users to explore over 30,000 restaurants through a user-friendly web and mobile interface. It features user-generated reviews, ratings, and photos, along with personalized recommendations and promotional offers. By aggregating and curating content from various media sources, including social media and blogs, Qraved connects millions of monthly users to a diverse selection of dining experiences. The platform facilitates hassle-free reservations and offers a system for users to earn dining points, making it a valuable resource for both culinary enthusiasts and travelers seeking unique dining opportunities.
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