East Ventures

East Ventures, established in 2009, is a leading, sector-agnostic venture capital firm headquartered in Tokyo with offices in Singapore and Indonesia. It provides multi-stage investment, from Seed to Growth, to over 300 tech companies across Southeast Asia. East Ventures is renowned for being an early backer of prominent regional tech companies like Tokopedia, Traveloka, and Ruangguru. It has been recognized as the most active investor in Southeast Asia and Indonesia, and the most consistent top-performing VC fund globally. Committed to sustainable development, East Ventures is Indonesia's first venture capital firm to sign the Principles of Responsible Investment (PRI), supported by the United Nations (UN).

Gavin Adrian

Investment Professional

David Audy

Operating Partner

Willson Cuaca

Co-Founder and Managing Partner

Batara Eto

Co-Founder and Managing Partner

Devina Halim

Principal

Sang-Uh Han

Partner

Melisa Irene

Partner

Wai Kit Koh

Managing Partner

Yinwei Liang

Principal

Jumpei Mouri

Director

Hideo Natsume

Venture Capitalist

Avina Sugiarto

Venture Partner

Emily Tampi

Managing Director, Finance

Wesley Tay

Principal

Jordy Tenka

Investment Professional

Jordy Tenka

Investment Professional

Zhengyi Zhu

Investment Professional

Past deals in Indonesia

Inteluck

Series C in 2023
Inteluck Corporation operates a logistics platform that provides comprehensive fleet management solutions and data-driven services across Southeast Asia. Based in Singapore and with a presence in countries like the Philippines, Thailand, Indonesia, and Vietnam, the company specializes in trucking, distribution, freight forwarding, contract logistics, and customized supply chain services. Inteluck's offerings include fleet GPS tracking, asset tracking, cold chain monitoring, and fleet data analytics. By leveraging the Internet of Things and data analytics, Inteluck helps enterprises optimize resources, reduce logistics costs, and improve operational efficiency. Additionally, the platform supports truckers by facilitating additional deliveries, maximizing revenue, and providing fast payment and financial services, ensuring secure and efficient transactions for all parties involved.

Alami

Series B in 2023
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.

Waste4Change

Grant in 2023
Waste4Change is a prominent waste management platform operating in Indonesia, dedicated to addressing waste-related challenges since its establishment in 2014. The company focuses on minimizing environmental leakage and decreasing landfill waste through a comprehensive ecosystem that promotes collaboration and technology. Its services include consultation, campaigning, collection, and creation, all aimed at fostering a circular economy and achieving a waste-free Indonesia. Waste4Change also offers initiatives such as in-store recycling and the 3R School Program to educate communities about responsible waste management and sustainable practices.

Maka Motors

Seed Round in 2023
Maka Motors is an Indonesian company specializing in the manufacture of electric motorcycles. It focuses on producing vehicles tailored to local road conditions and driving styles, ensuring reliability and capability for its customers.

Fit Hub Indonesia

Seed Round in 2023
Fit Hub Indonesia is a health & wellness startup in Indonesia.

Sirclo

Venture Round in 2023
SIRCLO is an Indonesian e-commerce enabler that assists businesses in establishing a robust online presence. The company provides a range of solutions tailored for both entrepreneurs and enterprises, including SIRCLO Store, IbuSibuk, SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami. These offerings encompass website development, e-commerce management, and communication tools, allowing clients to streamline their online sales across various platforms, such as websites and marketplaces. With a workforce of around 1,000 employees, SIRCLO has successfully supported over 100,000 brands in their digital transformation efforts. The company operates from multiple locations, including Bandung, Yogyakarta, and Surabaya.

Desty

Seed Round in 2023
Desty is a digital platform based in Jakarta, Indonesia, that provides an online solution for creators, influencers, and merchants to promote and sell their products. Founded in 2020, Desty enables users to build personalized landing pages that showcase their offerings through links, videos, and photos, facilitating the creation of an online store. The platform aims to enhance the performance of independent sellers, influencers, and established brands in the realm of e-commerce, making it easier for individuals to establish their online businesses.

Komunal

Series B in 2023
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Mindtera

Seed Round in 2023
Mindtera is a technology-enabled company based in Jakarta, Indonesia, focused on enhancing personal growth through education on multiple intelligences, including Emotional, Social, Physical, and Occupational Intelligence. Founded in 2021, Mindtera offers personalized online life coaching and a range of tools and resources designed to improve individuals' emotional and social intelligence. The company's platform aims to streamline productivity and foster well-being, providing scientifically validated curriculum and assessments to help users cultivate essential skills. By promoting personal development, Mindtera supports businesses in creating an effective and sustainable workforce.

imajin

Seed Round in 2023
Digital Manufacturing Ecosystem for Indonesia. Focus on B2B Manufacturing, partner of Ministry of Industry Indonesia as Manufacturing hub. Help to connect, Supplies raw material until project financing.

Legit Group

Series A in 2023
Legit Group is a multi-brand cloud kitchen operator based in Jakarta, Indonesia, established in 2021. The company focuses on delivering high-quality, hearty meals by overseeing every aspect of its operations, from research and development to production and delivery. It operates a network of cloud kitchen outlets that cater to both offline and online dining experiences. For offline dining, meals are prepared for immediate consumption, while online offerings are designed to remain fresh even under challenging delivery conditions. Through its comprehensive approach, Legit Group aims to provide customers with affordable, tasty food options delivered directly to their doorsteps.

ESQA

Series A in 2022
ESQA Cosmetics offers a comprehensive range of make-up and personal care items. The company creates vegan products and formulated without harmful ingredients to enhance natural beauty. It was founded in 2016 and is headquartered in Jakarta, Indonesia.

Base

Series A in 2022
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.

Pocket

Pre Seed Round in 2022
Pocket is an Indonesia-based fintech company that offers a comprehensive platform designed to enhance family financial management. The platform enables users to set budgets for children's pocket money and monthly shopping expenses, providing tools to prevent overspending and manage finances effectively. It allows family members to create trackable, separable, and fully digital accounts for depositing, saving, and spending money. By focusing on financial health, Pocket aims to empower families in their financial decision-making and budgeting processes.

Sociolla

Venture Round in 2022
Sociolla is an online beauty and personal care shopping platform based in Indonesia, designed to provide women with a convenient way to purchase a wide range of products, including makeup, skincare, haircare, and perfumes. The platform offers various items such as lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and more. Sociolla ensures the authenticity of its products by collaborating exclusively with authorized distributors and brand holders, emphasizing the importance of quality in beauty products that come into contact with the skin. The service also facilitates home delivery, enhancing the shopping experience for its customers.

Alami

Series B in 2022
Alami is a licensed peer-to-peer lending platform based in Jakarta, Indonesia, established in 2019. It focuses on providing financing to micro, small, and medium-sized enterprises through the principles of sharia finance. The platform connects lenders with funding recipients in a fair and transparent manner, facilitating access to financial resources aligned with Islamic values. Alami's technology analyzes numerous data points to offer meaningful insights into sharia financing, helping enterprises reduce transaction costs and improve their access to funding from various Islamic financial institutions. The company's mission is to foster a sustainable economic ecosystem for the Muslim community, enabling them to thrive in accordance with their values.

Wahyoo Ventures

Series B in 2022
Wahyoo Ventures is a company based in Tangerang, Indonesia, that focuses on supporting small and medium-sized enterprises (SMEs) in the food and beverage sector. Founded in 2017, it operates an integrated development platform that provides essential services to culinary businesses. These services include e-supplies for vegetables, groceries, and kitchen necessities, as well as micro-financing and partnerships with kitchen operators. Wahyoo Ventures aims to enhance the operational efficiency of F&B SMEs by facilitating the digitization of their processes, managing cash flow, and implementing loyalty programs. Currently, the company serves approximately 27,000 kitchens across the Jabodetabek area, helping them attract customers and improve their marketing efforts through training and education.

Pintarnya

Seed Round in 2022
Pintarnya is a mobile application designed to enhance employment and financial opportunities for blue-collar workers in Indonesia. The platform operates as a job portal that employs a data-driven approach to connect job seekers with relevant job opportunities. Users can create simple resumes and apply for curated positions tailored to their skills, location, and the specific requirements of employers. By streamlining the hiring process, Pintarnya aims to make it more efficient for both job seekers and employers.

PT Kini Teknologi Indonesia

Seed Round in 2022
PT Kini Teknologi Indonesia operates a human resources technology platform aimed at enhancing the experience of employees within Indonesian businesses. The company focuses on empowering and engaging the workforce by enabling access to on-demand pay, which allows employees to access their earnings to address urgent financial needs. This innovative approach not only supports employees but also assists employers in providing essential salary facilities, fostering a more supportive work environment. By facilitating these financial solutions, PT Kini Teknologi Indonesia aims to create a positive impact on employee well-being and organizational productivity.

Ismaya

Venture Round in 2022
Ismaya Group, established in 2003, operates in the lifestyle and hospitality sector, focusing on creating enduring brands that enhance customer experiences. The company is dedicated to developing innovative lifestyle concepts across major cities in Indonesia, Southeast Asia, and internationally. Its diverse portfolio includes food and beverage outlets, event organizing, and artist management, all aimed at providing memorable experiences for customers. Ismaya Group strives to be a leader in its industry by consistently delivering unique offerings that resonate with a wide audience.

IDN

Series D in 2022
IDN Media Company is a multi-platform digital media organization based in Surabaya, Indonesia, catering primarily to affluent Millennials and Gen Z. Established in 2014, it operates several key platforms, including IDNtimes.com, which offers a variety of engaging content such as visuals, quizzes, and listicles. The company also runs IDNtv, an online video producer focused on web series, social experiments, and branded content. Additionally, it owns Popbela.com, a lifestyle platform aimed at young urban women, and IDN Creative, which specializes in native advertising, creating sponsored content and events for brands. Furthermore, IDN Media organizes live events through IDN Event, providing a stage for creativity and talent among its target audience. With over 80 million monthly active users, IDN Media strives to democratize information access across Indonesia while fostering positive societal impacts.

Mekari

Series E in 2022
Mekari is a software-as-a-service (SaaS) company based in Jakarta, Indonesia, specializing in cloud-based business automation technology. Founded in 2015, Mekari provides a suite of solutions designed for business-to-business (B2B) applications, catering to a diverse clientele that includes multinational corporations as well as micro, small, and medium enterprises (MSMEs). The company's software facilitates the digitization and automation of various operational processes, allowing businesses to manage critical areas such as human resources, finance, and taxation while ensuring compliance with relevant regulations. By streamlining administrative tasks, Mekari enables organizations to concentrate on more strategic initiatives, enhancing overall operational efficiency.

Waresix

Series B in 2022
Waresix is a logistics platform based in Jakarta, Indonesia, that specializes in freight forwarding, warehousing, and land transportation. The platform facilitates the connection between business owners and professional warehouse operators, allowing users to access on-demand warehouse services. Waresix addresses the growing demand for flexible warehousing solutions, particularly in the expanding e-commerce market. By matching unused warehouse space with businesses in need, the platform enables clients—including retailers, distributors, and manufacturers—to effectively manage inventory, adapt to variable demand, and streamline operations through features such as documentation management and billing.

Inteluck

Series B in 2022
Inteluck Corporation operates a logistics platform that provides comprehensive fleet management solutions and data-driven services across Southeast Asia. Based in Singapore and with a presence in countries like the Philippines, Thailand, Indonesia, and Vietnam, the company specializes in trucking, distribution, freight forwarding, contract logistics, and customized supply chain services. Inteluck's offerings include fleet GPS tracking, asset tracking, cold chain monitoring, and fleet data analytics. By leveraging the Internet of Things and data analytics, Inteluck helps enterprises optimize resources, reduce logistics costs, and improve operational efficiency. Additionally, the platform supports truckers by facilitating additional deliveries, maximizing revenue, and providing fast payment and financial services, ensuring secure and efficient transactions for all parties involved.

KoinWorks

Series C in 2022
KoinWorks is a prominent financial technology company in Indonesia, recognized for its innovative approach to financial services. It operates a peer-to-peer lending platform that facilitates connections between investors and borrowers, offering loans for various purposes, including business ventures, healthcare needs, and educational pursuits. KoinWorks aims to provide accessible and affordable financial solutions through a comprehensive app that allows users to manage both assets and liabilities in one place. The company has received accolades for its contributions to financial innovation, including the Asian Banker Financial Innovation Award in 2019 for its lending services. Through its efficient online system, KoinWorks seeks to enhance financial inclusivity and empower individuals and businesses in their financial journeys.

Desty

Seed Round in 2021
Desty is a digital platform based in Jakarta, Indonesia, that provides an online solution for creators, influencers, and merchants to promote and sell their products. Founded in 2020, Desty enables users to build personalized landing pages that showcase their offerings through links, videos, and photos, facilitating the creation of an online store. The platform aims to enhance the performance of independent sellers, influencers, and established brands in the realm of e-commerce, making it easier for individuals to establish their online businesses.

SaladStop!

Series B in 2021
SaladStop! is a leading player in the healthy food movement in Singapore, focusing on making nutritious food convenient and accessible. The restaurant chain specializes in salads, grain bowls, wraps, and smoothies that are made without artificial flavors or coloring, ensuring nutritional transparency for consumers. With 23 outlets currently operating in Singapore and Manila, SaladStop! is on track to expand further into Indonesia and Japan, aligning with its vision of becoming a prominent global name in nutrition, health, and wellness. The company is dedicated to providing delicious and climate-positive food choices, catering to the growing demand for healthier eating options.

Kasual

Seed Round in 2021
Kasual is an innovative e-commerce clothing platform based in Indonesia, launched in 2017, that specializes in men's trousers. The company combines functionality with personal customization, allowing customers to tailor their clothing to meet individual preferences. By integrating production and manufacturing capabilities, Kasual offers affordable alternatives to traditional retail, thereby disrupting the fashion and digital industries. Its focus on delivering high-quality products with unique features positions Kasual as a next-generation direct-to-consumer brand in the instant commerce sector.

ShopBack

Series E in 2021
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

Komunal

Series A in 2021
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Sirclo

Series B in 2021
SIRCLO is an Indonesian e-commerce enabler that assists businesses in establishing a robust online presence. The company provides a range of solutions tailored for both entrepreneurs and enterprises, including SIRCLO Store, IbuSibuk, SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami. These offerings encompass website development, e-commerce management, and communication tools, allowing clients to streamline their online sales across various platforms, such as websites and marketplaces. With a workforce of around 1,000 employees, SIRCLO has successfully supported over 100,000 brands in their digital transformation efforts. The company operates from multiple locations, including Bandung, Yogyakarta, and Surabaya.

Legit Group

Seed Round in 2021
Legit Group is a multi-brand cloud kitchen operator based in Jakarta, Indonesia, established in 2021. The company focuses on delivering high-quality, hearty meals by overseeing every aspect of its operations, from research and development to production and delivery. It operates a network of cloud kitchen outlets that cater to both offline and online dining experiences. For offline dining, meals are prepared for immediate consumption, while online offerings are designed to remain fresh even under challenging delivery conditions. Through its comprehensive approach, Legit Group aims to provide customers with affordable, tasty food options delivered directly to their doorsteps.

Mindtera

Seed Round in 2021
Mindtera is a technology-enabled company based in Jakarta, Indonesia, focused on enhancing personal growth through education on multiple intelligences, including Emotional, Social, Physical, and Occupational Intelligence. Founded in 2021, Mindtera offers personalized online life coaching and a range of tools and resources designed to improve individuals' emotional and social intelligence. The company's platform aims to streamline productivity and foster well-being, providing scientifically validated curriculum and assessments to help users cultivate essential skills. By promoting personal development, Mindtera supports businesses in creating an effective and sustainable workforce.

RaRa Delivery

Seed Round in 2021
RaRa Delivery is a delivery service based in Jakarta, Indonesia, specializing in instant delivery for e-commerce and micro, small, and medium enterprises (MSMEs). The company offers cash on delivery (COD) options and real-time tracking services through an application program interface (API). By leveraging advanced technology, RaRa Delivery aims to enhance the customer experience by ensuring timely deliveries at competitive costs.

Feedloop

Series A in 2021
Feedloop is a software-as-a-service company founded in 2018 and based in Bandung, Indonesia. It specializes in providing a low-code and no-code platform that enables businesses to create interactive marketing campaigns, including surveys, quizzes, and storytelling. By leveraging artificial intelligence, Feedloop's platform optimizes business processes and enhances customer engagement, allowing companies to streamline operations and drive growth through digital transformation. Its tools assist organizations in becoming more agile and increasing customer lifetime value, ultimately supporting their competitive advantage in the market.

Ituloh!

Pre Seed Round in 2021
​Ituloh is an Indonesia-based technology company that operates a community-driven video commerce platform. It offers services such as influencer marketing, community engagement, affiliate marketing, event management, and live shopping. The platform connects brands with Key Opinion Leaders (KOLs) across various lifestyle communities to facilitate product discovery and purchasing.​

Desty

Seed Round in 2021
Desty is a digital platform based in Jakarta, Indonesia, that provides an online solution for creators, influencers, and merchants to promote and sell their products. Founded in 2020, Desty enables users to build personalized landing pages that showcase their offerings through links, videos, and photos, facilitating the creation of an online store. The platform aims to enhance the performance of independent sellers, influencers, and established brands in the realm of e-commerce, making it easier for individuals to establish their online businesses.

Warung Pintar Group

Series B in 2021
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.

Flokq

Convertible Note in 2021
Flokq is an innovative company focused on transforming urban living by addressing housing challenges in cities. Founded in 2019 and based in Jakarta, Indonesia, Flokq provides private rooms and living spaces in premium apartments, aiming to offer beautiful yet affordable homes for city residents. The company emphasizes a three-pronged approach: delivering affordable and convenient housing, fostering connections among like-minded individuals, and tackling urban housing issues. By creating an online real estate platform, Flokq allows customers to easily book accommodations within a supportive community, thereby enhancing the living experience in densely populated urban environments.

Base

Seed Round in 2021
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.

Transfez

Seed Round in 2021
Transfez is an Indonesian cross-border money transfer service that facilitates money transfers to over 50 countries in 26 currencies. The company offers a fully digital platform designed to make international money transfers as seamless as domestic transactions. By utilizing this platform, users can send and receive money quickly, often within minutes, while benefiting from relatively low fees. Transfez aims to simplify the remittance process, enabling users to create transactions in various currencies with real-time settlement, thereby enhancing the overall experience of cross-region money transfers.

Sirclo

Series B in 2021
SIRCLO is an Indonesian e-commerce enabler that assists businesses in establishing a robust online presence. The company provides a range of solutions tailored for both entrepreneurs and enterprises, including SIRCLO Store, IbuSibuk, SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami. These offerings encompass website development, e-commerce management, and communication tools, allowing clients to streamline their online sales across various platforms, such as websites and marketplaces. With a workforce of around 1,000 employees, SIRCLO has successfully supported over 100,000 brands in their digital transformation efforts. The company operates from multiple locations, including Bandung, Yogyakarta, and Surabaya.

Sociolla

Venture Round in 2021
Sociolla is an online beauty and personal care shopping platform based in Indonesia, designed to provide women with a convenient way to purchase a wide range of products, including makeup, skincare, haircare, and perfumes. The platform offers various items such as lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and more. Sociolla ensures the authenticity of its products by collaborating exclusively with authorized distributors and brand holders, emphasizing the importance of quality in beauty products that come into contact with the skin. The service also facilitates home delivery, enhancing the shopping experience for its customers.

Paxel.co

Venture Round in 2021
PT Paxel Teknologi Unggul is a logistics and delivery service provider based in Jakarta, Indonesia, founded in 2017. The company operates the Paxel application, which facilitates same-day delivery services across the country. In addition to urban shipment and packaging services, Paxel offers a mobile application that includes Paxel credit for transactions and payment services. The company also provides Paxel Lockers, which serve as storage facilities for retrieving packages. By combining an on-demand app with an offline locker network, Paxel aims to enhance accessibility and transparency in its services, ensuring a positive delivery experience for customers.

member.id

Series A in 2021
Member.id is a technology and consulting firm based in Jakarta, Indonesia, specializing in rewards and loyalty programs. Founded in 2014, the company designs and develops a platform that allows customers to convert loyalty points into various miles and redemption options. Member.id also offers third-party management of loyalty programs, providing strategic development, design, management, and analytics services for businesses. By enabling brands to connect with and engage their customers more effectively, Member.id aims to transform the loyalty landscape in Indonesia, helping businesses operate their loyalty programs as profit centers rather than cost centers.

Nusantics

Series A in 2021
Nusantics is a biotechnology company based in Jakarta, Indonesia, founded in 2019. It specializes in precision molecular diagnostics, utilizing PCR and Next Generation Sequencing technologies to enhance healthcare outcomes for both humans and animals. The company offers a variety of products, including single pathogen and syndromic molecular diagnostics, as well as microbiome diagnostics. Nusantics focuses on improving diagnostics for respiratory, reproductive health, and blood-borne pathogens, particularly in low- and middle-income countries. Additionally, it analyzes microbiome profiles applicable to the skincare, personal care, food, and beverage industries, contributing to a holistic approach in health and wellness.

Stockbit

Series C in 2021
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.

Desty

Seed Round in 2020
Desty is a digital platform based in Jakarta, Indonesia, that provides an online solution for creators, influencers, and merchants to promote and sell their products. Founded in 2020, Desty enables users to build personalized landing pages that showcase their offerings through links, videos, and photos, facilitating the creation of an online store. The platform aims to enhance the performance of independent sellers, influencers, and established brands in the realm of e-commerce, making it easier for individuals to establish their online businesses.

Sirclo

Series B in 2020
SIRCLO is an Indonesian e-commerce enabler that assists businesses in establishing a robust online presence. The company provides a range of solutions tailored for both entrepreneurs and enterprises, including SIRCLO Store, IbuSibuk, SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami. These offerings encompass website development, e-commerce management, and communication tools, allowing clients to streamline their online sales across various platforms, such as websites and marketplaces. With a workforce of around 1,000 employees, SIRCLO has successfully supported over 100,000 brands in their digital transformation efforts. The company operates from multiple locations, including Bandung, Yogyakarta, and Surabaya.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for the approximately 60 million micro, small, and medium enterprises (MSMEs) in Indonesia. The company offers a platform that enables users to efficiently manage their financial transactions by recording daily sales, income, and customer accounts payable. Its services include bookkeeping, sending bills through messaging applications, receiving digital payments, and generating daily business reports. By leveraging these tools, BukuWarung aims to empower MSMEs to enhance their financial awareness and business operations through technology.

Nusantics

Seed Round in 2020
Nusantics is a biotechnology company based in Jakarta, Indonesia, founded in 2019. It specializes in precision molecular diagnostics, utilizing PCR and Next Generation Sequencing technologies to enhance healthcare outcomes for both humans and animals. The company offers a variety of products, including single pathogen and syndromic molecular diagnostics, as well as microbiome diagnostics. Nusantics focuses on improving diagnostics for respiratory, reproductive health, and blood-borne pathogens, particularly in low- and middle-income countries. Additionally, it analyzes microbiome profiles applicable to the skincare, personal care, food, and beverage industries, contributing to a holistic approach in health and wellness.

Stockbit

Series B in 2020
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.

Hacktiv8

Seed Round in 2020
Hacktiv8 is a prominent coding bootcamp in Indonesia, dedicated to transforming absolute beginners into job-ready developers. The institution offers comprehensive training programs that focus on essential skills such as HTML, CSS, and advanced JavaScript, preparing students for the demands of the tech industry. As a pioneer in the region, Hacktiv8 provides Income Share Agreements (ISA), allowing students to access education without upfront costs. Instead, students commit to sharing a portion of their future income, making quality education more accessible and reducing financial barriers. Through its innovative approach to coding education, Hacktiv8 aims to equip individuals with the skills necessary to thrive in the evolving digital landscape.

Waste4Change

Venture Round in 2019
Waste4Change is a prominent waste management platform operating in Indonesia, dedicated to addressing waste-related challenges since its establishment in 2014. The company focuses on minimizing environmental leakage and decreasing landfill waste through a comprehensive ecosystem that promotes collaboration and technology. Its services include consultation, campaigning, collection, and creation, all aimed at fostering a circular economy and achieving a waste-free Indonesia. Waste4Change also offers initiatives such as in-store recycling and the 3R School Program to educate communities about responsible waste management and sustainable practices.

Komunal

Seed Round in 2019
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.

Paxel.co

Series A in 2019
PT Paxel Teknologi Unggul is a logistics and delivery service provider based in Jakarta, Indonesia, founded in 2017. The company operates the Paxel application, which facilitates same-day delivery services across the country. In addition to urban shipment and packaging services, Paxel offers a mobile application that includes Paxel credit for transactions and payment services. The company also provides Paxel Lockers, which serve as storage facilities for retrieving packages. By combining an on-demand app with an offline locker network, Paxel aims to enhance accessibility and transparency in its services, ensuring a positive delivery experience for customers.

Base

Seed Round in 2019
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.

KedaiSayur

Seed Round in 2019
Kedai Sayur is an Indonesian company established in 2018 that operates an online platform for the distribution of daily produce. The platform connects local vegetable hawkers with consumers, facilitating access to a variety of kitchen essentials. Kedai Sayur offers a wide range of products, including vegetables, fish, meat, spices, and fruits, all available for delivery. The company aims to streamline the supply chain for fresh produce while supporting local vendors in the process.

Ride Jakarta

Seed Round in 2019
Ride Jakarta is an indoor cycling studio based in Jakarta, Indonesia, founded in 2015. The company offers three distinct classes to cater to a wide range of fitness levels: a beginners ride designed for newcomers to indoor cycling and fitness, a signature ride suitable for all participants, and an advanced ride aimed at experienced riders who have completed more than ten classes. In addition to providing engaging cycling workouts that promote cardiovascular endurance and overall body toning, Ride Jakarta addresses customer inquiries via phone, email, and online applications, ensuring effective communication and support for its clientele.

Ruangguru

Series B in 2019
Ruangguru is an education technology company based in Jakarta Raya, Indonesia, founded in 2013. It specializes in providing e-learning services through its platform, which facilitates access to educational materials for students. The platform serves as an online marketplace that connects private tutors with students, offering a diverse range of courses that extend beyond traditional school subjects to include standardized test preparation, languages, music, sports, and computer skills. Ruangguru is dedicated to partnering with local governments to enhance the quality of education, employing a Learning Management System (LMS) that allows students to monitor their progress and prepare effectively for exams.

Wahyoo Ventures

Seed Round in 2019
Wahyoo Ventures is a company based in Tangerang, Indonesia, that focuses on supporting small and medium-sized enterprises (SMEs) in the food and beverage sector. Founded in 2017, it operates an integrated development platform that provides essential services to culinary businesses. These services include e-supplies for vegetables, groceries, and kitchen necessities, as well as micro-financing and partnerships with kitchen operators. Wahyoo Ventures aims to enhance the operational efficiency of F&B SMEs by facilitating the digitization of their processes, managing cash flow, and implementing loyalty programs. Currently, the company serves approximately 27,000 kitchens across the Jabodetabek area, helping them attract customers and improve their marketing efforts through training and education.

Waresix

Series A in 2019
Waresix is a logistics platform based in Jakarta, Indonesia, that specializes in freight forwarding, warehousing, and land transportation. The platform facilitates the connection between business owners and professional warehouse operators, allowing users to access on-demand warehouse services. Waresix addresses the growing demand for flexible warehousing solutions, particularly in the expanding e-commerce market. By matching unused warehouse space with businesses in need, the platform enables clients—including retailers, distributors, and manufacturers—to effectively manage inventory, adapt to variable demand, and streamline operations through features such as documentation management and billing.

Feedloop

Seed Round in 2019
Feedloop is a software-as-a-service company founded in 2018 and based in Bandung, Indonesia. It specializes in providing a low-code and no-code platform that enables businesses to create interactive marketing campaigns, including surveys, quizzes, and storytelling. By leveraging artificial intelligence, Feedloop's platform optimizes business processes and enhances customer engagement, allowing companies to streamline operations and drive growth through digital transformation. Its tools assist organizations in becoming more agile and increasing customer lifetime value, ultimately supporting their competitive advantage in the market.

KedaiSayur

Seed Round in 2019
Kedai Sayur is an Indonesian company established in 2018 that operates an online platform for the distribution of daily produce. The platform connects local vegetable hawkers with consumers, facilitating access to a variety of kitchen essentials. Kedai Sayur offers a wide range of products, including vegetables, fish, meat, spices, and fruits, all available for delivery. The company aims to streamline the supply chain for fresh produce while supporting local vendors in the process.

Stockbit

Series A in 2019
Stockbit is an investment community based in Indonesia that facilitates real-time sharing of stock-related ideas, news, and financial information. The platform allows users to create profiles and follow specific stocks or favorite investors, providing access to valuable insights and discussions. It features monitoring tools for stock price charts and comprehensive financial data, enabling users to analyze individual stocks and engage in informed discussions. Stockbit is dedicated to enhancing the investment experience within the Indonesian market, empowering both individual investors and traders to make well-informed decisions.

Lubna

Seed Round in 2019
Lubna is an automated trading platform. Lubna.io has a vision to revolutionize the way the young generation invests. We understand that the financial literacy of the Indonesian people is still relatively low, that is, 29.7% in 2016 according to Indonesia's financial literacy data from the Financial Services Authority. Financial literacy at this time is quite important for every generation, especially for the younger generation who have earned income like you. We want to help you, the younger generation, to prioritize financial planning to adapt easily to uncertain economic conditions. This is what then prompted Lubna.io to become a pioneer to bridge Indonesia's young generation with the investment world. The journey to become one of the solutions to the financial problems of Indonesia's young generation is certainly not easy. We at Lubna.io are confident that this great challenge will be the strength to continue to improve the financial skills of Indonesia's young generation. To achieve Lubna.io's vision, we began by building a crypto currency trading application. The Lubna.io trading application uses a proven algorithm. Through this application, Lubna.io hopes that investors can minimize risk and maximize profits. We believe this initial step can realize our vision, revolutionize the millennial way of investing.

MobilKamu

Series A in 2019
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company aims to streamline the car buying and selling process by providing an end-to-end solution for consumers. Its platform curates the best deals available, assists customers in selecting suitable cars, and offers information on down payments and installment plans from various showrooms. Additionally, MobilKamu facilitates the credit process, ensuring that customers can effectively navigate their options when purchasing a new car. Through the integration of technology and dedicated customer service, MobilKamu enhances the overall car buying experience for consumers in Jakarta.

Fore Coffee

Series A in 2019
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company focuses on transforming coffee consumption through technology, offering a unique experience to its customers. Each cup of coffee is brewed using freshly roasted Arabica beans, which are meticulously sourced and developed into a rich espresso blend. This commitment to quality enables consumers to enjoy a strong and flavorful coffee, setting Fore Coffee apart in the competitive coffee market.

Waresix

Seed Round in 2018
Waresix is a logistics platform based in Jakarta, Indonesia, that specializes in freight forwarding, warehousing, and land transportation. The platform facilitates the connection between business owners and professional warehouse operators, allowing users to access on-demand warehouse services. Waresix addresses the growing demand for flexible warehousing solutions, particularly in the expanding e-commerce market. By matching unused warehouse space with businesses in need, the platform enables clients—including retailers, distributors, and manufacturers—to effectively manage inventory, adapt to variable demand, and streamline operations through features such as documentation management and billing.

Mekari

Series B in 2018
Mekari is a software-as-a-service (SaaS) company based in Jakarta, Indonesia, specializing in cloud-based business automation technology. Founded in 2015, Mekari provides a suite of solutions designed for business-to-business (B2B) applications, catering to a diverse clientele that includes multinational corporations as well as micro, small, and medium enterprises (MSMEs). The company's software facilitates the digitization and automation of various operational processes, allowing businesses to manage critical areas such as human resources, finance, and taxation while ensuring compliance with relevant regulations. By streamlining administrative tasks, Mekari enables organizations to concentrate on more strategic initiatives, enhancing overall operational efficiency.

Fore Coffee

Seed Round in 2018
Fore Coffee is a specialty coffee shop based in Jakarta, Indonesia, founded in 2018. The company focuses on transforming coffee consumption through technology, offering a unique experience to its customers. Each cup of coffee is brewed using freshly roasted Arabica beans, which are meticulously sourced and developed into a rich espresso blend. This commitment to quality enables consumers to enjoy a strong and flavorful coffee, setting Fore Coffee apart in the competitive coffee market.

member.id

Seed Round in 2018
Member.id is a technology and consulting firm based in Jakarta, Indonesia, specializing in rewards and loyalty programs. Founded in 2014, the company designs and develops a platform that allows customers to convert loyalty points into various miles and redemption options. Member.id also offers third-party management of loyalty programs, providing strategic development, design, management, and analytics services for businesses. By enabling brands to connect with and engage their customers more effectively, Member.id aims to transform the loyalty landscape in Indonesia, helping businesses operate their loyalty programs as profit centers rather than cost centers.

Bahasa.ai

Seed Round in 2018
Bahasa.ai is an artificial intelligence company based in Jakarta, Indonesia, that specializes in developing a platform for processing the Indonesian language. Founded in 2017, the company focuses on enhancing customer interactions through AI-driven chatbot services. Its technology automates customer engagement and includes features such as chat automation, data integration, customer insights, smart ticket routing, and agent group management. By building robust natural language processing and understanding modules, Bahasa.ai enables businesses to seamlessly integrate these capabilities into their existing IT infrastructure, thereby facilitating the execution of effective chatbot strategies and improving overall customer satisfaction.

Warung Pintar Group

Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.

Montir.id

Series A in 2018
PT Montir Indonesia Jaya operates Montir.id, an online platform based in Jakarta Barat, Indonesia, that provides on-demand automotive services. Established in 2016, Montir.id allows customers to conveniently order a wide range of services, including car repairs, detailing, and maintenance tasks such as air conditioning checks, battery replacements, and fluid changes, all delivered directly to their homes. The platform aims to simplify automotive care by bringing professional services to customers' locations, thus enhancing accessibility and convenience for car owners. Montir.id aspires to become the leading auto-service platform in Indonesia by addressing various automotive needs through a comprehensive and user-friendly service model.

Nodeflux

Secondary Market in 2018
Nodeflux is a startup based in Jakarta, Indonesia, specializing in video analytics software that enhances the functionality of CCTV devices. The company has developed a distributed computation platform that leverages deep learning and computer vision to make traditional surveillance systems smarter. By integrating and analyzing scattered data, Nodeflux empowers businesses to extract valuable insights from existing sources, thereby extending the capabilities of their CCTV systems. This innovative approach allows organizations to benefit from advanced computation models, including both traditional and cognitive computing, improving security and operational efficiency.

Waresix

Seed Round in 2018
Waresix is a logistics platform based in Jakarta, Indonesia, that specializes in freight forwarding, warehousing, and land transportation. The platform facilitates the connection between business owners and professional warehouse operators, allowing users to access on-demand warehouse services. Waresix addresses the growing demand for flexible warehousing solutions, particularly in the expanding e-commerce market. By matching unused warehouse space with businesses in need, the platform enables clients—including retailers, distributors, and manufacturers—to effectively manage inventory, adapt to variable demand, and streamline operations through features such as documentation management and billing.

Warung Pintar Group

Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.

Ride Jakarta

Seed Round in 2018
Ride Jakarta is an indoor cycling studio based in Jakarta, Indonesia, founded in 2015. The company offers three distinct classes to cater to a wide range of fitness levels: a beginners ride designed for newcomers to indoor cycling and fitness, a signature ride suitable for all participants, and an advanced ride aimed at experienced riders who have completed more than ten classes. In addition to providing engaging cycling workouts that promote cardiovascular endurance and overall body toning, Ride Jakarta addresses customer inquiries via phone, email, and online applications, ensuring effective communication and support for its clientele.

PasarPolis

Seed Round in 2018
PasarPolis is an insurtech startup based in Jakarta, Indonesia, founded in 2015 by Cleosent Randing. The company operates an online insurance comparison platform that aims to make insurance accessible to emerging consumers. It provides a variety of insurance options, including health, life, car, personal accident, property, and travel insurance. Through its online portal, PasarPolis enables customers to obtain quotes and manage claims efficiently, ensuring access to fast and affordable insurance plans.

Indodax

Venture Round in 2017
Indodax, established in 2014 as the first and longest-running blockchain digital asset exchange in Indonesia, serves as a marketplace for buying, selling, and trading cryptocurrencies. The platform facilitates secure, real-time trading by connecting sellers and buyers of crypto assets, primarily using the Indonesian Rupiah. Indodax emphasizes compliance with regulatory standards to foster trust among its users. With a commitment to exceptional customer service and continuous innovation, the company has established itself as a leader in the Indonesian cryptocurrency market, focusing on building long-term relationships with clients while expanding the range of available investment options.

IDN

Series B in 2017
IDN Media Company is a multi-platform digital media organization based in Surabaya, Indonesia, catering primarily to affluent Millennials and Gen Z. Established in 2014, it operates several key platforms, including IDNtimes.com, which offers a variety of engaging content such as visuals, quizzes, and listicles. The company also runs IDNtv, an online video producer focused on web series, social experiments, and branded content. Additionally, it owns Popbela.com, a lifestyle platform aimed at young urban women, and IDN Creative, which specializes in native advertising, creating sponsored content and events for brands. Furthermore, IDN Media organizes live events through IDN Event, providing a stage for creativity and talent among its target audience. With over 80 million monthly active users, IDN Media strives to democratize information access across Indonesia while fostering positive societal impacts.

MobilKamu

Seed Round in 2017
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company aims to streamline the car buying and selling process by providing an end-to-end solution for consumers. Its platform curates the best deals available, assists customers in selecting suitable cars, and offers information on down payments and installment plans from various showrooms. Additionally, MobilKamu facilitates the credit process, ensuring that customers can effectively navigate their options when purchasing a new car. Through the integration of technology and dedicated customer service, MobilKamu enhances the overall car buying experience for consumers in Jakarta.

ShopBack

Series A in 2017
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

Kaodim Group

Series B in 2017
The Kaodim Group is a leading services marketplace in Southeast Asia, with operations in Malaysia, Singapore, the Philippines, and Indonesia. Headquartered in Malaysia, Kaodim connects local communities with verified service professionals for various everyday tasks, including cleaning, plumbing, and photography. The platform offers users free access to trusted service providers, allowing them to receive customized quotations and view personalized profiles along with user reviews. This innovative approach transforms local businesses through user-friendly mobile and web applications available on major platforms.

member.id

Seed Round in 2017
Member.id is a technology and consulting firm based in Jakarta, Indonesia, specializing in rewards and loyalty programs. Founded in 2014, the company designs and develops a platform that allows customers to convert loyalty points into various miles and redemption options. Member.id also offers third-party management of loyalty programs, providing strategic development, design, management, and analytics services for businesses. By enabling brands to connect with and engage their customers more effectively, Member.id aims to transform the loyalty landscape in Indonesia, helping businesses operate their loyalty programs as profit centers rather than cost centers.

Ruangguru

Series B in 2017
Ruangguru is an education technology company based in Jakarta Raya, Indonesia, founded in 2013. It specializes in providing e-learning services through its platform, which facilitates access to educational materials for students. The platform serves as an online marketplace that connects private tutors with students, offering a diverse range of courses that extend beyond traditional school subjects to include standardized test preparation, languages, music, sports, and computer skills. Ruangguru is dedicated to partnering with local governments to enhance the quality of education, employing a Learning Management System (LMS) that allows students to monitor their progress and prepare effectively for exams.

CoHive

Seed Round in 2017
CoHive is Indonesia's largest coworking space provider, previously known as EV Hive. The company offers a blend of coworking, coliving, coretail, and event space solutions aimed at fostering a cohesive working and living environment. With a mission to build a robust community, CoHive connects and supports startups and small to medium enterprises (SMEs) across Indonesia. The company operates approximately 33 locations in major cities including Jakarta, Medan, Yogyakarta, and Bali, catering to around 9,000 members, predominantly startups and SMEs. CoHive also provides facilities for retail spaces, allowing businesses to showcase their products within a vibrant startup community. The company's headquarters is located in Jakarta, and its leadership team includes co-founders Jason Lee and Ethan Choi, along with COO Erich Hirawan and CRO Iris Wee.

Sociolla

Series B in 2017
Sociolla is an online beauty and personal care shopping platform based in Indonesia, designed to provide women with a convenient way to purchase a wide range of products, including makeup, skincare, haircare, and perfumes. The platform offers various items such as lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and more. Sociolla ensures the authenticity of its products by collaborating exclusively with authorized distributors and brand holders, emphasizing the importance of quality in beauty products that come into contact with the skin. The service also facilitates home delivery, enhancing the shopping experience for its customers.

Traveloka

Venture Round in 2017
Traveloka is an online travel aggregator based in Indonesia, primarily focused on helping customers search for and book various travel options. It operates a comprehensive platform that enables users to compare and book flights, hotels, villas, apartments, transportation, tours, holiday packages, and activities. By providing a user-friendly search engine, Traveloka aims to simplify the travel planning process, allowing individuals to find accommodations and tickets that meet their specific needs. The company has expanded its operations to six countries and continues to explore new initiatives to enhance its impact in the travel industry.

Jurnal.id

Series B in 2016
Journals provide online accounting software that is secure and reliable for small and medium enterprises in Indonesia . They strive to give entrepreneurs the freedom of the complexity of administration , operation , and taxation in order to focus on doing the most important thing to grow their business . This will be achieved by creating an effective technology that is extremely easy to use. Journals available sebagaai services that can be accessed from anywhere with a connection via internet or WiFi . By Journal , no longer need to download or install anything on your computer. There is no cost to start or upgrade , get free updates automatically, and does not need a contract . You just need to register , log in , and start working on your business bookkeeping anytime, anywhere . Journals businesses run better wear as much to save time in the process of administration and operations .

Kudo

Series B in 2016
Kudo is an Indonesian technology company founded in 2014, based in Tangerang, that focuses on enhancing the e-commerce and payment markets in Indonesia. It develops a platform that integrates offline and online shopping experiences by installing kiosks in various locations such as malls, universities, and convenience stores. These kiosks enable customers to purchase game vouchers, discount vouchers, and cellphone balances without the need for credit cards. Kudo's team comprises skilled professionals with backgrounds in prominent global technology and management consulting firms, contributing to its innovative approach in the sector. In 2017, Kudo was acquired by GP Network Asia Pte. Ltd., further expanding its capabilities and reach in the market.

Cermati

Series A in 2016
Cermati operates an online platform that enables Indonesians to research, compare, and select financial products. Founded in 2014 and based in West Jakarta, the company aims to make financial information more accessible and useful, empowering individuals to take control of their financial situations and save money. Cermati's platform offers trusted financial information and manages the entire customer onboarding process, including in-person meetings for document signing with partner banks. By leveraging technology, Cermati seeks to transform the financial landscape in Indonesia, helping users make informed decisions that align with their financial needs.

IDN

Series A in 2016
IDN Media Company is a multi-platform digital media organization based in Surabaya, Indonesia, catering primarily to affluent Millennials and Gen Z. Established in 2014, it operates several key platforms, including IDNtimes.com, which offers a variety of engaging content such as visuals, quizzes, and listicles. The company also runs IDNtv, an online video producer focused on web series, social experiments, and branded content. Additionally, it owns Popbela.com, a lifestyle platform aimed at young urban women, and IDN Creative, which specializes in native advertising, creating sponsored content and events for brands. Furthermore, IDN Media organizes live events through IDN Event, providing a stage for creativity and talent among its target audience. With over 80 million monthly active users, IDN Media strives to democratize information access across Indonesia while fostering positive societal impacts.

Orori

Series A in 2016
PT. Orori Indonesia operates a jewelry e-commerce platform that specializes in gold, diamonds, and various other types of jewelry. Founded in 2004 and based in Jakarta Pusat, the company also provides an option for customers to invest in gold bars. Orori distinguishes itself by offering detailed product information on its website, ensuring that customers receive accurate representations of the jewelry they are interested in. The platform facilitates a hassle-free shopping experience, allowing users to browse and purchase high-quality jewelry with ease. Additionally, Orori enables customers to trade in second-hand jewelry and scrap gold for refinement, further expanding their range of services.

Quintal

Seed Round in 2016
Quintal is an academic portal designed to enhance the educational experience for Indonesian schools by integrating the functionalities of a Learning Management System (LMS) and a Student Information System (SIS). Serving both national and international schools, Quintal acts as a communication and data-sharing platform for school administrators, teachers, students, and parents. The platform offers unique features tailored to each user's role, facilitating better interaction and information exchange within the school community. Quintal aims to empower educational institutions with affordable and effective tools that contribute to the digitization of the Indonesian education system, ultimately striving to become a foundational element in improving educational quality across the nation.

iGrow

Seed Round in 2016
iGrow is a marketplace based in Jawa Barat, Indonesia, that connects under-employed farmers and under-utilized land with investors to promote the production of organic food. Utilizing cloud-based agricultural management software, iGrow facilitates the establishment of organic plantations for various crops such as olive, durian, peanut, banana, avocado, date palm, and longan. The company operates a peer-to-peer lending platform that allows sponsors, farmers, landowners, and crop buyers to raise funds from retail and institutional lenders. This model not only enables farmers to generate sustainable incomes through the production of high-quality organic food but also offers investors the opportunity to participate in revenue sharing of 13-24% on their investments annually. Launched in 2014, iGrow aims to create a networked marketplace that directly sells crops to customers, enhancing accessibility and profitability for all parties involved.

Limakilo

Seed Round in 2016
Limakilo is an online marketplace focused on improving the food supply chain in Indonesia by connecting farmers directly with food stalls and vendors. The company aims to empower farmers to sell their commodities, such as food grains and crops, directly to consumers, thereby streamlining the distribution process. By facilitating direct sales, Limakilo helps shorten the supply chain and reduce inventory storage time, ultimately benefiting both farmers and end users. The initiative stems from a team within the community Code4Nation, reflecting a commitment to enhancing agricultural commerce and supporting local farmers.

Arsitag

Seed Round in 2016
Arsitag operates an online platform that connects homeowners in Indonesia with architects and interior designers. Founded in 2015 and based in Kota Jakarta Selatan, the platform allows users to search for and hire design professionals by browsing through their portfolios. Homeowners can contact their chosen designers directly through the platform. To ensure the security and successful completion of projects, Arsitag employs an escrow system for transactions. The marketplace aims to enhance transparency in the property industry, fostering trust between homeowners and design professionals while improving service quality.
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