Sinarmas Land

Sinarmas Land is a prominent property development company based in Tangerang, Jawa Barat, that specializes in the development, leasing, and management of various types of properties. Established in 1938, the company primarily focuses on long-term investments in commercial buildings, hotels, and resorts, while also engaging in city development, township projects, residential areas, industrial estates, and retail spaces. Sinarmas Land operates across several countries, including Indonesia, China, Malaysia, and Singapore, with its Indonesian segment generating the majority of its revenue. The company manages approximately 10,000 hectares of land in Indonesia and offers a range of property-related services. Its diverse portfolio reflects its commitment to meeting the evolving needs of the property market in both domestic and international arenas.

Michael Widjaja

CEO and Executive Director

6 past transactions

Brik

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

Sirclo

Series B in 2021
SIRCLO is a company based in Jakarta, Indonesia, established in 2013, that specializes in developing a website-building platform aimed at facilitating online sales for businesses. The platform offers a comprehensive e-commerce service, providing tools for creating professional, template-based websites that enable seamless online transactions. Additionally, SIRCLO supports end-to-end e-commerce management through features such as marketplace integration and multi-channel management services, allowing businesses to sell across various platforms from a single access point. By empowering businesses with reliable technologies, SIRCLO enhances their ability to engage customers and streamline online sales operations.

Sirclo

Series B in 2020
SIRCLO is a company based in Jakarta, Indonesia, established in 2013, that specializes in developing a website-building platform aimed at facilitating online sales for businesses. The platform offers a comprehensive e-commerce service, providing tools for creating professional, template-based websites that enable seamless online transactions. Additionally, SIRCLO supports end-to-end e-commerce management through features such as marketplace integration and multi-channel management services, allowing businesses to sell across various platforms from a single access point. By empowering businesses with reliable technologies, SIRCLO enhances their ability to engage customers and streamline online sales operations.

Ride Jakarta

Seed Round in 2019
Ride Jakarta owns and operates indoor cycling studio. The company offers three classes which includes beginners ride for those new to indoor cycling and for one who is new to working out; signature ride suitable for all-levels, and advanced ride for riders who have been to more than ten classes and are familiar with the technique and basics of ride. The company was founded in 2015 and is based in Jakarta, Indonesia.

CoHive

Series A in 2018
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, founded in 2015 and headquartered in South Jakarta. The company operates a network of co-working spaces, co-living spaces, co-retail areas, and event venues across major cities, including Jakarta, Medan, Yogyakarta, and Bali, covering approximately 66,000 square meters. With around 9,000 members, primarily consisting of startups and small to medium enterprises, CoHive aims to foster a vibrant community that supports business growth. In addition to workspace solutions, CoHive organizes knowledge-sharing sessions and offers skill development programs, such as coding and UI/UX classes, in collaboration with relevant institutions. The company's leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.

CoHive

Seed Round in 2017
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, founded in 2015 and headquartered in South Jakarta. The company operates a network of co-working spaces, co-living spaces, co-retail areas, and event venues across major cities, including Jakarta, Medan, Yogyakarta, and Bali, covering approximately 66,000 square meters. With around 9,000 members, primarily consisting of startups and small to medium enterprises, CoHive aims to foster a vibrant community that supports business growth. In addition to workspace solutions, CoHive organizes knowledge-sharing sessions and offers skill development programs, such as coding and UI/UX classes, in collaboration with relevant institutions. The company's leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.
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