Carro

Bank Index provides working capital and investment loans by prioritizing the expansion of market share in the small and medium enterprises segment as well as establishing joint financing with financial institutions like rural banks and finance companies. Established in 1993, Bank Index’s physical footprint includes 42 branches and offices, 24 of which are located in Jakarta while the rest are in major cities. Bank Index is majority owned by Setiawan family, a prominent Indonesian family, whose business interests range from financial services, sugar and flour refinery, and property.

MyTukar Sdn Bhd operates an online car bidding platform focused on the sale of used vehicles. Founded in 2017 and based in Shah Alam, Malaysia, the company simplifies the car ownership experience by connecting private sellers with a network of reputable buyers, thus eliminating the complexities of paperwork and negotiations. The platform allows sellers to schedule vehicle inspections with sales agents and facilitates live bidding among dealers. In addition to its core bidding services, MyTukar provides professional consultations, as well as financial products and extended warranty options. The company has expanded its presence with locations in Cheras, Puchong, Batu Caves, and Johor Bahru, enhancing its ability to serve the local used-car dealer industry effectively.

PT Jualo operates an online platform that serves as an e-classifieds marketplace for second-hand goods in Indonesia. Founded in 2013 and headquartered in Jakarta, the platform connects both private and professional sellers with buyers of a variety of products, including vehicles, real estate, fashion, and electronics. Jualo emphasizes local transactions through its geo-search functionality, allowing users to buy, trade, or bid on items within a short geographical range. The platform also promotes user engagement by enabling bargaining and negotiation, as well as offering advertisement facilities. As of August 2019, Jualo is a subsidiary of Trusty Cars Pte Ltd and aims to address key industry challenges in the Indonesian marketplace.