Northstar

Northstar Advisors Pte. Ltd., founded in 2003 and based in Singapore, is a private equity firm focused on investing in growth companies primarily in Indonesia, while also exploring opportunities in other Southeast Asian countries. The firm manages over US$2.0 billion in committed equity capital and has built a diverse portfolio by investing in sectors such as financial services, retail, energy, telecommunications, and agribusiness. Northstar typically seeks to acquire majority or significant minority stakes in its investee companies. With a strong track record, the firm has raised four private equity funds and invested in more than 30 companies, committing over US$2.8 billion alongside co-investors in the region. Northstar has established a strategic alliance with TPG to enhance its investment capabilities.

Sreejan Choudhary

Managing Director

Melvin Hade

Managing Director

Ryan Sua

CFO

Glenn Sugita

Co-Founder and Managing Partner

Sunata Tjiterosampurno

Senior Partner

21 past transactions

Jagat

Funding Round in 2023
Jagat vision is to revolutionize the experience of its social map app by integrating a whole new augmented experience in the near future. Jagat shows a real-time map of your world, and also your friends.

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.

Pintu

Series B in 2022
Developer of a mobile cryptocurrency application designed to create convenience for the crypto market. The company's application provides all the features of a crypto exchange platform and gives access to different financial services and the opportunity to safely buy, sell, manage, and utilize blockchain-based assets, enabling crypto owners to accelerate the transition towards an open financial system.

Noice

Series A in 2022
Noice is an Indonesia-based audio content startup.

Sayurbox

Series C in 2022
SayurBox, PT operates a platform that allows customers to buy pesticide-free vegetables through farm-to-table concept. Its platform allows users to choose organic, hydroponic, pesticide-free, and chemical-free produce in various categories, such as vegetables, fruits, grains, herbs and seasonings, protein food, and ready to consume; click-to-harvest on the produce and adjust quantity; and select delivery date. The company sources and delivers the produce directly from local farmers to customers in DKI Jakarta and South Tangerang areas. SayurBox, PT was founded in 2016 and is based in Jakarta Selatan, Indonesia.

Zenius

Series B in 2022
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

Moladin

Series A in 2022
PT Moladin Digital Indonesia is an online retailer based in Jakarta, Indonesia, specializing in automobiles and automotive parts. Established in 2017, the company offers a platform for consumers to access information about motorcycles and bikes, facilitating online purchases. Moladin collaborates with more than 40 dealers and several major financing companies, allowing customers to explore various options and discounts on their purchases. In addition to vehicles, the company retails spare parts, apparel, wheels, batteries, and spark plugs, aiming to enhance the overall shopping experience for automotive enthusiasts.

eFishery

Series C in 2022
eFishery is automatic fish feeder for all types of fish. This tool can not only provide feed scheduled, with a dose efficient, and automatic, but also record every feed in real-time. You can access the data feed, anytime, anywhere with precision. There is no longer a problem of over-feeding, fish feeding or feed irregularly diverted. eFishery provide the best solutions, reliable, and affordable.

Qapita

Series A in 2021
Qapita Fintech Pte. Ltd. is a Singapore-based company that specializes in equity and transaction management for private companies and startups. Its primary offering is QapMap, a platform designed to facilitate the management of capitalization tables, equity ownership, and employee stock ownership plans (ESOPs). Additionally, Qapita provides QapMatch Solutions, which aid in networking and structuring deals. The company caters to a diverse clientele, including private enterprises, legal counsels, employees, financial advisors, chartered accountants, and investors. Founded in 2019, Qapita also maintains an office in Hyderabad, India.

Ula

Series B in 2021
Ula is an Indonesia-focused marketplace app that uses technology to modernise distribution and credit in traditional retail. It brings the best of selection, prices and payment credit to small and medium sized retailers across categories such as FMCG, staples, apparel, and more.

Zenius

Series B in 2021
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

eFishery

Series B in 2020
eFishery is automatic fish feeder for all types of fish. This tool can not only provide feed scheduled, with a dose efficient, and automatic, but also record every feed in real-time. You can access the data feed, anytime, anywhere with precision. There is no longer a problem of over-feeding, fish feeding or feed irregularly diverted. eFishery provide the best solutions, reliable, and affordable.

Tiki

Private Equity Round in 2020
Tiki Corporation retails books, electronics, home appliances, gifts, fashion, beauty, and health products. The company also offers phone, digital equipment and accessories, electrical appliances, life house products, beauty and health products, stationery, vehicles, toys and souvenirs, mother and baby sports products, air ticket booking, and international goods. It sells its products through online store. The company was founded in 2010 and is based in Ho Chi Minh City, Vietnam.

Zenius

Series A in 2019
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

Topica Edtech Group

Series D in 2018
Topica Edtech Group (Vietnamese: “Tổ hợp Công nghệ Giáo dục Topica”) is a multinational educational technology company. It provides online education solutions including Bachelor's Degree programs (Topica Uni), English speech tutoring courses (Topica Native) and technology platform for massive online open courses in a variety of fields (Edumall). Topica Edtech Group headquartered in Hanoi, Vietnam and has expanded into the Philippines, Singapore, Thailand, Indonesia and the United States.

Du Anyam

Pre Seed Round in 2018
Du'Anyam aims to connect Craft Artisans to the Market through simple and effective technology, leading the digital revolution in the craft industry. Du'Anyam started their enterprise in East Flores, Indonesia in 2014, where the have worked with over 1,000 weavers to empower women, promote culture, and improve livelihood in rural Indonesia. They have partnered with over 200 hotels and companies to supply more than 150,000 high-quality, functional crafts with added social marketing value. They were also selected as the only craft-based company to be the Official Merchandiser of ASIAN Games 2018.

Innovalues

Acquisition in 2016
A public listed company in Singapore, specialises in the manufacturing of customised precision machine parts and components. These include automotive components, printer rollers, mechanical devices, and sub-assemblies as well as surface treatment services. But It is much more than just a supplier. We believe in forging long-term partnerships with our clients that go beyond precision parts. That means delivering solutions that not only address your needs, but also build your business as well.

Gojek

Series D in 2016
Gojek, founded in 2010 and headquartered in Jakarta, Indonesia, operates as a Super App that offers a wide range of services, including food delivery, transportation, digital payments, shopping, and various on-demand services. Launched in 2015, the Gojek app has rapidly become the largest consumer transactional technology platform in Southeast Asia, driven by its focus on speed, innovation, and social impact. The company aims to empower the informal sector in the region while serving diverse markets such as transport, logistics, food, and entertainment. Gojek has established itself as a leading player in the on-demand economy, contributing significantly to the growth of digital services in Southeast Asia.
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