Materee
Seed Round in 2024
Materee is an Indonesian e-commerce platform established in 2022, headquartered in Banten, Jawa Barat. The company specializes in the distribution of construction supplies, aiming to transform and simplify the procurement process for building materials in Indonesia. By providing a user-friendly platform, Materee enables contractors to efficiently purchase a wide range of materials, allowing them to concentrate on their construction projects and complete them more effectively.
Little Joy Indonesia
Series A in 2023
Little Joy Indonesia is a baby commerce and technology-enabled company to improve malnutrition after 11 years of non-improvement and contribute to the Sustainable Development Goals in Indonesia.
Beleaf Farms
Seed Round in 2022
Beleaf Farms, located in Bogor, Indonesia, operates as a hydroponic farm that focuses on providing fresh and nutritious food through innovative cultivation methods. Utilizing vertical farming techniques, the company employs hydroponic systems that conserve water while producing a variety of greens and vegetables. By creating a sustainable supply chain with a low-carbon footprint, Beleaf Farms aims to deliver fresh produce directly to consumers, ensuring accessibility to healthy food options.
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.
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.
Sayurbox is a web-based platform founded in 2016 and headquartered in Bandung, Indonesia, that specializes in the distribution of fresh agricultural produce. The company connects consumers directly with farmers, enabling them to order fresh, chemical-free, and organic vegetables. This model ensures that customers receive healthy produce that is harvested and delivered on the same day, promoting a farm-to-table approach. By focusing on quality and freshness, Sayurbox aims to facilitate healthier living through accessible and sustainable food options.
Modalku is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.
Funding Societies
Series C in 2022
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.
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.
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.
AwanTunai
Venture Round in 2021
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on digitizing the traditional fast-moving consumer goods (FMCG) supply chain by providing a mobile application that connects micro merchants with essential financial services. The platform allows users to access working capital loans and facilitates online ordering, customer management, and payment acceptance. AwanTunai aims to enhance financial inclusion for individuals who lack access to conventional banking products by offering mobile-based credit and connecting them with lenders. As a regulated fintech institution, it has the capability to originate, service, and collect bank-compliant loan assets, ensuring comprehensive customer control. Additionally, AwanTunai collaborates with global insurance institutions to offer auto-trigger micro-insurance protection, contributing to the overall welfare of its users.
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.
TaniHub is a Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.
Bukalapak
Venture Round in 2021
Bukalapak is an Indonesian e-commerce platform founded in 2010 and headquartered in Jakarta Raya. It offers a diverse range of consumer products, including electronics, cosmetics, and apparel, through its online shopping portal. The platform is designed to facilitate easy returns and provides flexible payment options such as cash on delivery, credit or debit card transactions, and net banking. Bukalapak aims to enhance the shopping experience for consumers by enabling them to easily find and purchase a wide variety of commercial and personal products.
Andalin is an international trade platform specializing in logistics and international trade, offering a comprehensive one-stop solution for businesses engaged in exporting and importing on a global scale. The company operates an online marketplace that simplifies cross-border shipping services, particularly for small and medium-sized enterprises (SMEs). With licenses for Customs Brokerage and International Freight Forwarding, Andalin facilitates freight arrangements and customs clearance, thereby enhancing transparency and customer service for freight forwarders. The platform has successfully served hundreds of companies in Indonesia, including both national and multinational enterprises, streamlining their international trade processes.
Grab
Venture Round in 2021
Grab Holdings Inc., headquartered in Singapore, operates a mobile technology platform that integrates city transportation and various on-demand services in Southeast Asia. The company, founded in 2012 by Anthony Tan and Tan Hooi Ling, offers services such as ride-hailing (GrabTaxi, GrabCar), carpooling (GrabHitch, GrabShare), shuttle services (GrabShuttle, GrabShuttle Plus), and food delivery through its GrabFood platform. Grab also provides financial services, including payments, consumer loans, and enterprise offerings. It operates in eight countries: Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam, and Myanmar. Grab generates revenue by charging commissions to both consumers and service providers, with ride-hailing and food delivery contributing to 89% of its total revenue. The company competes with Foodpanda and Gojek in the region.
Brodo is a footwear manufacturer based in Jakarta, Indonesia, founded in 2010. The company specializes in producing stylish and well-crafted men's fashion and footwear products, including formal shoes, casual shoes, sneakers, and boots. Brodo aims to enhance the footwear market by offering high-quality options that are both fashionable and affordable. Its products are available through various online and retail channels, catering to a diverse customer base seeking better quality footwear.
Haus! Indonesia
Series A in 2020
Haus! Indonesia operates in the food and beverage industry, focusing on a made-to-order beverage concept that includes tea, milk tea, chocolate, and coffee. The brand specifically targets middle and middle-low market segments, aiming to appeal to millennials and Gen Z consumers throughout the archipelago. By offering a diverse range of contemporary drinks and food items at affordable prices, Haus! Indonesia provides its customers with a selection of flavors that resonate with their preferences. The company's scalable business model allows it to cater to a broad audience, enhancing its presence in the competitive beverage market.
LinkAja is a mobile payment platform that simplifies financial transactions for consumers in Indonesia. By offering an integrated e-wallet service, LinkAja facilitates seamless payments for everyday necessities, such as data top-ups, electricity tokens, fuel purchases, and public transportation. The company collaborates with various state-owned enterprises to enhance its ecosystem, aiming to promote financial inclusion and support the national non-cash movement. Through its user-friendly platform, LinkAja strives to meet essential consumer needs while contributing to the broader goal of modernizing financial services in the region.
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.
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.
Funding Societies
Series C in 2020
Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.
Investree
Series C in 2020
Investree is a B2B marketplace lending platform based in Indonesia, licensed by the Financial Services Authority (OJK) for both conventional and Shariah-compliant financing. Established in October 2015, the company has expanded its regional presence to Thailand and plans to enter the Philippines. Investree's mission is to leverage technology and data to provide small and medium enterprises (SMEs) with access to working capital from retail and institutional lenders. The platform employs a B2B acquisition model to attract SME borrowers through strategic partnerships with e-procurement platforms and payment gateway providers, enhancing verification processes and reducing acquisition costs. Led by a team of seasoned professionals, Investree has successfully facilitated over USD 230 million in funding since its inception, serving more than 1,000 SMEs while maintaining a strong asset quality.
TaniHub is a Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.
LinkAja is a mobile payment platform that simplifies financial transactions for consumers in Indonesia. By offering an integrated e-wallet service, LinkAja facilitates seamless payments for everyday necessities, such as data top-ups, electricity tokens, fuel purchases, and public transportation. The company collaborates with various state-owned enterprises to enhance its ecosystem, aiming to promote financial inclusion and support the national non-cash movement. Through its user-friendly platform, LinkAja strives to meet essential consumer needs while contributing to the broader goal of modernizing financial services in the region.