East Ventures

East Ventures is a venture capital firm founded in 2009, headquartered in Tokyo with offices in Singapore and Indonesia. It operates as a sector-agnostic investor, providing multi-stage capital from seed to growth for technology startups across Southeast Asia. The firm has backed more than 300 companies in the region, including notable names such as Tokopedia, Traveloka, Ruangguru, and Xendit, and focuses on early-stage technology companies to drive regional growth. East Ventures emphasizes active involvement in the Indonesian and broader Southeast Asian ecosystems and is recognized for its long-standing commitment to responsible investing, having signed the Principles for Responsible Investment. The firm combines investment with guidance and ESG-aligned practices to support sustainable development of the regional tech sector.

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

Past deals in E-commerce

Kyberlife

Seed Round in 2025
Kyberlife operates an e-commerce procurement marketplace for life sciences, pharmaceutical, and healthcare industries. The platform functions as an open marketplace that enables healthcare organizations to search, compare, and purchase a broad catalog of authenticated instruments, pharmaceuticals, and equipment by connecting vendors and customers. It supports streamlined procurement, facilitating communication and verified supply access to help organizations obtain qualified products efficiently.

Respo

Seed Round in 2025
Respo is a service that enables people to save money by buying things at a discount.

Novelship

Series B in 2023
Novelship is an online marketplace specializing in the buying and selling of authentic, limited-edition sneakers, streetwear, and collectibles from renowned brands such as Nike, Air Jordan, Yeezy, Supreme, and Kaws. The platform is tailored for the sneaker and streetwear community, ensuring that each item is meticulously curated and professionally authenticated to guarantee authenticity. By focusing on the booming Southeast Asian market, Novelship provides users access to a wide array of street fashion, allowing them to purchase verified footwear at competitive prices.

UENA

Venture Round in 2023
Uena is a company focused on providing affordable food and beverage options aimed at reducing overall food expenses, thereby increasing discretionary income for its customers. It offers a streamlined online platform where users can access a consolidated menu featuring popular everyday food items. Customers can conveniently order their meals through WhatsApp, facilitating an efficient and user-friendly ordering experience. By delivering essential daily food necessities at competitive prices, Uena aims to enhance the financial flexibility of its clientele, allowing them to allocate their resources toward other priorities.

Fresh Factory

Series A in 2023
Fresh Factory is a provider of cold chain fulfillment services focused on businesses that sell perishable goods. The company operates an online platform that facilitates the selection of warehouses based on specific expansion areas, allowing users to manage inventory and storage efficiently. Fresh Factory's services encompass storage, picking, packing, and last-mile delivery, enabling businesses to distribute their products through e-commerce channels. This approach enhances the speed of delivery while ensuring improved freshness and quality control for perishable items. By streamlining the logistics process, Fresh Factory aims to simplify online business operations for its clients.

SIRCLO

Venture Round in 2023
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.

Desty

Seed Round in 2023
Founded in 2020, Desty is an Indonesian e-commerce platform designed to help creators, influencers, and merchants promote and sell their products online. It offers a unified dashboard for managing online presence across various marketplaces and social media channels.

Flik

Pre Seed Round in 2023
Flik is an e-commerce affiliation platform that enables brands to enhance direct-to-consumer transactions by streamlining the checkout experience across multiple sales channels. The company offers tools for setting up online stores and optimizing the checkout process, as well as facilitating delivery options. By focusing on improving these critical aspects of online selling, Flik empowers sellers to maximize their sales potential through their own websites.

Evo

Seed Round in 2023
Evo is a Singapore-based company founded in 2020 that specializes in social commerce software designed to assist brands and merchants with their back-office operations. The company's solutions facilitate essential functions such as order management, payment processing, and reconciliation, enabling users to create deals, upload inventory, and sell products across various social commerce platforms. Additionally, Evo operates as a direct-to-consumer startup, offering high-quality, research-backed consumer products at competitive prices. Its product lineup includes the flagship anti-hangover solution BounceBack, which is available in ten markets, as well as all-natural anti-hair loss products under the MANTOU brand and beauty and hair care products under the Stryv brand.

Kommodity

Grant in 2022
Kommodity is an online export platform that focuses on linking Indonesian producers with global markets. By providing a curated selection of Indonesian commodities, the company enhances the value of exporters and creates new opportunities for farmers and producers to sell their products. It facilitates connections between small-scale producers and international buyers through representative marketing partners in various export countries. This approach not only supports local producers by increasing their market reach but also helps importers and exporters access a diverse range of high-quality Indonesian goods.

Repax

Grant in 2022
Repax is a reusable packaging as-a-service for e-commerce. We enable merchants to send their goods with a reusable durable bags/box, and we facilitate its return from buyer, making it circular

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.

AWST

Seed Round in 2022
AWST enables brands to leverage Web3 by launching NFT collections on multiple blockchains. It provides tools for drops linked to product purchases through an integrated shopfront, QR codes, or gifts to attendees at exhibitions and events, helping brands use NFTs to enhance engagement and promotional experiences across channels.

Cariuma

Venture Round in 2022
Cariuma, established in Rio de Janeiro, Brazil in 2018 by David Python and Fernando Porto, specializes in manufacturing and distributing sustainable sneakers for men and women. The company prioritizes eco-consciousness, utilizing natural materials such as raw rubber from the Hevea brasiliensis tree, fair-trade cotton, and chrome VI-free leather. Cariuma serves athletes and environmentally conscious consumers alike, offering comfortable and stylish footwear through pop-up stores and its online platform.

Sociolla

Venture Round in 2022
Sociolla is an Indonesian online retailer specializing in beauty and personal care products. It offers a wide range of makeup, skincare, haircare, beauty equipment, and perfume, sourced directly from authorized distributors to ensure product authenticity.

Cosmart

Seed Round in 2022
Cosmart is a Jakarta-based e‑commerce platform that operates on a membership model, offering a wide range of household products in bulk quantities at lower prices. The company leverages technology and data to streamline operations and deliver high‑quality products, aiming to save customers time, money, and mental burden in recurring purchases.

UENA

Seed Round in 2022
Uena is a company focused on providing affordable food and beverage options aimed at reducing overall food expenses, thereby increasing discretionary income for its customers. It offers a streamlined online platform where users can access a consolidated menu featuring popular everyday food items. Customers can conveniently order their meals through WhatsApp, facilitating an efficient and user-friendly ordering experience. By delivering essential daily food necessities at competitive prices, Uena aims to enhance the financial flexibility of its clientele, allowing them to allocate their resources toward other priorities.

Cashgrow

Seed Round in 2022
Cashgrow is an all-in-one payment and expense management platform for businesses and SME merchants in Vietnam

Diri Care

Seed Round in 2022
Diri Care offers personalized healthcare solutions through online clinical beauty and health products for personalized self-care. The company provides product-integrated services including consultations and diagnoses, along with skin and haircare options, and maintains ongoing communication with clinical teams to help individuals manage their health effectively and affordably.

Evo

Seed Round in 2022
Evo is a Singapore-based company founded in 2020 that specializes in social commerce software designed to assist brands and merchants with their back-office operations. The company's solutions facilitate essential functions such as order management, payment processing, and reconciliation, enabling users to create deals, upload inventory, and sell products across various social commerce platforms. Additionally, Evo operates as a direct-to-consumer startup, offering high-quality, research-backed consumer products at competitive prices. Its product lineup includes the flagship anti-hangover solution BounceBack, which is available in ten markets, as well as all-natural anti-hair loss products under the MANTOU brand and beauty and hair care products under the Stryv brand.

RPG Commerce

Series B in 2022
RPG is an e-commerce firm building the next generation of global consumer brands by disrupting the retail industry. RPG Commerce's multi-brand business model operates and optimizes a global suite of direct-to-consumer (DTC) brands by owning the development, production, and delivery processes from start to finish. RPG Commerce is dedicated to providing customer-centric products and services by developing high-quality essential items through its DTC model and delivering them directly to their door.

Fresh Factory

Seed Round in 2022
Fresh Factory is a provider of cold chain fulfillment services focused on businesses that sell perishable goods. The company operates an online platform that facilitates the selection of warehouses based on specific expansion areas, allowing users to manage inventory and storage efficiently. Fresh Factory's services encompass storage, picking, packing, and last-mile delivery, enabling businesses to distribute their products through e-commerce channels. This approach enhances the speed of delivery while ensuring improved freshness and quality control for perishable items. By streamlining the logistics process, Fresh Factory aims to simplify online business operations for its clients.

Biteship

Seed Round in 2022
Biteship is a technology company that develops delivery management platforms. Its primary product automates shipping and fulfillment processes for small and medium-sized enterprises (SMEs), offering features such as a shipping API, dashboard, and plugins for popular e-commerce platforms.

Keyta

Funding Round in 2022
Keyta is a digital platform designed specifically for online sellers, providing a comprehensive embedded keyboard that streamlines various sales operations. This application consolidates essential features such as auto-text templates, real-time delivery cost checks, invoice creation, and transaction management, allowing sellers to handle their day-to-day tasks efficiently. By integrating these functionalities into a single application, Keyta enables users to manage their sales transactions, arrange shipments, and respond to customer inquiries without the need to switch between multiple platforms. This one-stop shop approach enhances the online selling experience, making it easier for sellers to conduct business and improve customer interactions.

Pasarnow

Series A in 2022
Pasarnow operates an online marketplace that provides fresh groceries and farm products to individual consumers and business customers, backed by partnerships with more than 1,000 farmers and suppliers. It also runs a distribution platform that connects brand principals with business customers, offering access to general trade, hospitality, modern trade outlets, and digital trade channels to enable scalable distribution across multiple channels.

Moladin

Series B in 2022
Founded in 2017, Moladin is an e-commerce platform specializing in the automotive sector, facilitating online transactions for used vehicles. The company has established partnerships with over 40 dealers and several major financing firms to offer consumers a wide range of options and discounts. Moladin's platform serves as a comprehensive resource for automotive owners, providing access to an online directory of servicing workshops, spare part retailers, accessory dealers, and modifiers. Additionally, it streamlines the financing process, allowing motorcycle users to easily obtain information and funding in one unified location.

Novelship

Series A in 2022
Novelship is an online marketplace specializing in the buying and selling of authentic, limited-edition sneakers, streetwear, and collectibles from renowned brands such as Nike, Air Jordan, Yeezy, Supreme, and Kaws. The platform is tailored for the sneaker and streetwear community, ensuring that each item is meticulously curated and professionally authenticated to guarantee authenticity. By focusing on the booming Southeast Asian market, Novelship provides users access to a wide array of street fashion, allowing them to purchase verified footwear at competitive prices.

Luwjistik

Seed Round in 2022
Luwjistik, established in 2021 by Syed Ali Ridha Madihid and Wong Yingming, is a Singapore-based software-as-a-service company specializing in e-commerce logistics integration. It operates as an API bridge, facilitating direct connections between clients and network partners to service providers tailored to their needs.

Mighty Jaxx

Series A in 2022
Mighty Jaxx is an integrated future culture platform that designs and produces digital and phygital collectibles. It collaborates with renowned artists and global brands to create art figures, toys, and action figurines, enabling collectors to access diverse merchandise and designs. The company ships millions of phygital collectibles to customers in more than 80 countries each year, reflecting its international reach and ongoing collaborations across entertainment and consumer brands.

Mighty Jaxx

Series A in 2022
Mighty Jaxx is an integrated future culture platform that designs and produces digital and phygital collectibles. It collaborates with renowned artists and global brands to create art figures, toys, and action figurines, enabling collectors to access diverse merchandise and designs. The company ships millions of phygital collectibles to customers in more than 80 countries each year, reflecting its international reach and ongoing collaborations across entertainment and consumer brands.

Grow Commerce

Seed Round in 2022
Grow Commerce is a technology-driven company that specializes in acquiring, operating, and scaling e-commerce brands. The firm focuses on maximizing the potential of these businesses by providing support that facilitates rapid growth. By offering fair and flexible valuations, Grow Commerce enables brand owners to sell their businesses in a manner that aligns with their financial goals. This approach allows entrepreneurs to cash out and achieve their desired outcomes more swiftly, making it an attractive option for business owners looking to transition their enterprises.

Grupin

Seed Round in 2022
Grupin is a social commerce platform that focuses on creating an interactive, community-driven shopping experience for consumers. Through its innovative platform, users can discover, group, and purchase items collectively, benefiting from substantial discounts that adapt based on factors such as location, browsing behavior, buying preferences, and purchasing power. This approach allows customers to engage in unique discovery experiences, which differ from traditional search-based shopping methods, fostering a sense of community and collaboration among users. By prioritizing social interactions and tailored recommendations, Grupin enhances the overall purchasing experience and empowers consumers to access better deals.

Bananas

Seed Round in 2022
Bananas offers supermarket delivery services, focusing on convenience and cost-effectiveness. It employs the rapid commerce model to deliver goods like meat, vegetables, drinks, and daily essentials promptly after orders are placed. The company prioritizes safety and cleanliness in its operations. Bananas primarily sources fresh fruits and vegetables directly from local farmers and small businesses, supporting local communities in Indonesia.

Moladin

Series A in 2022
Founded in 2017, Moladin is an e-commerce platform specializing in the automotive sector, facilitating online transactions for used vehicles. The company has established partnerships with over 40 dealers and several major financing firms to offer consumers a wide range of options and discounts. Moladin's platform serves as a comprehensive resource for automotive owners, providing access to an online directory of servicing workshops, spare part retailers, accessory dealers, and modifiers. Additionally, it streamlines the financing process, allowing motorcycle users to easily obtain information and funding in one unified location.

Desty

Seed Round in 2021
Founded in 2020, Desty is an Indonesian e-commerce platform designed to help creators, influencers, and merchants promote and sell their products online. It offers a unified dashboard for managing online presence across various marketplaces and social media channels.

Kasual

Seed Round in 2021
Kasual is an innovative e-commerce clothing platform based in Indonesia, established in 2017. It specializes in men's trousers, merging functionality with personal customization to cater to individual preferences. By focusing on the direct-to-consumer model, Kasual aims to disrupt the traditional retail landscape by offering stylish products at competitive prices. The company not only manufactures its clothing but also emphasizes the importance of beautiful design and innovative features, providing customers with better alternatives to conventional shopping experiences.

Keyta

Pre Seed Round in 2021
Keyta is a digital platform designed specifically for online sellers, providing a comprehensive embedded keyboard that streamlines various sales operations. This application consolidates essential features such as auto-text templates, real-time delivery cost checks, invoice creation, and transaction management, allowing sellers to handle their day-to-day tasks efficiently. By integrating these functionalities into a single application, Keyta enables users to manage their sales transactions, arrange shipments, and respond to customer inquiries without the need to switch between multiple platforms. This one-stop shop approach enhances the online selling experience, making it easier for sellers to conduct business and improve customer interactions.

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.

Luwjistik

Seed Round in 2021
Luwjistik, established in 2021 by Syed Ali Ridha Madihid and Wong Yingming, is a Singapore-based software-as-a-service company specializing in e-commerce logistics integration. It operates as an API bridge, facilitating direct connections between clients and network partners to service providers tailored to their needs.

SIRCLO

Series B in 2021
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.

Pasarnow

Seed Round in 2021
Pasarnow operates an online marketplace that provides fresh groceries and farm products to individual consumers and business customers, backed by partnerships with more than 1,000 farmers and suppliers. It also runs a distribution platform that connects brand principals with business customers, offering access to general trade, hospitality, modern trade outlets, and digital trade channels to enable scalable distribution across multiple channels.

RaRa Delivery

Seed Round in 2021
RaRa Delivery is an innovative delivery service based in Jakarta, Indonesia, specializing in instant delivery for e-commerce and micro, small, and medium enterprises (MSMEs). The company enhances the customer experience by employing a smart technology system that ensures timely deliveries at competitive costs. In addition to its core delivery services, RaRa Delivery offers cash on delivery (COD) options and real-time tracking capabilities through an application programming interface (API), allowing businesses to effectively manage their logistics and provide reliable service to their end customers.

Mohjo

Seed Round in 2021
Mohjo is an online retailer specializing in plant-based dairy alternatives. They offer unsweetened, sweetened, and chocolate almond milk products made from nuts, roots, and fruits, providing consumers with a healthy, eco-friendly option.

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
Founded in 2020, Desty is an Indonesian e-commerce platform designed to help creators, influencers, and merchants promote and sell their products online. It offers a unified dashboard for managing online presence across various marketplaces and social media channels.

Dirigio

Series A in 2021
Dirigio, Inc. is a technology company based in Yokohama, Japan, founded in 2016. It specializes in the development of a mobile order and pay application called PICKS, which facilitates a seamless food takeout experience. The application allows users to pre-order meals, browse restaurant menus, and make cashless payments directly from their smartphones. This innovative platform enables customers to discover restaurants, place orders, and pick up freshly prepared food without the need to wait in line, enhancing convenience and efficiency in the dining experience.

Warung Pintar

Series B in 2021
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.

Douzo

Seed Round in 2021
Douzo operates a global social commerce platform connecting buyers and sellers worldwide. It facilitates cross-border e-commerce, offering services such as overseas export support, EC construction assistance, and direct-to-consumer agency services.

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.

SIRCLO

Series B in 2021
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.

Sociolla

Venture Round in 2021
Sociolla is an Indonesian online retailer specializing in beauty and personal care products. It offers a wide range of makeup, skincare, haircare, beauty equipment, and perfume, sourced directly from authorized distributors to ensure product authenticity.

ACROVE

Venture Round in 2021
ACROVE is a platform that assists companies in streamlining their operations and increasing eCommerce sales. They support their customers' online stores. They provide services to clients who work in the e-commerce industry. They offer services in fields like the internet, artificial intelligence, and blockchain. They are enabling clients across all e-commerce brands.

KitaBeli

Series A in 2021
KitaBeli is a social commerce startup founded in 2020 by Prateek Chaturvedi, Ivana Tjandra, Gopal Rathore, and Subhash Bishnoi. The company operates a platform that focuses on fast-moving consumer goods (FMCG) and facilitates group buying among users. Through its gamified app, KitaBeli encourages users to invite friends and neighbors to form purchasing groups, allowing them to access discounts on essential items. This collaborative approach not only helps customers secure better prices but also fosters social interaction by enabling users to discuss deals and make informed purchasing decisions.

Desty

Seed Round in 2020
Founded in 2020, Desty is an Indonesian e-commerce platform designed to help creators, influencers, and merchants promote and sell their products online. It offers a unified dashboard for managing online presence across various marketplaces and social media channels.

Sakeai

Seed Round in 2020
Sakeai, Inc. is a technology company based in Nagaoka, Japan, founded in 2020. The company specializes in developing a mobile application that assists users in discovering and selecting sake based on their individual preferences. Utilizing artificial intelligence, the application provides tailored recommendations, simplifying the often challenging process of choosing from a wide variety of sake brands. Users can easily record and share their sake experiences, while also gaining access to an online store where they can purchase the recommended products. Through its innovative approach, Sakeai aims to enhance the enjoyment of sake for enthusiasts by facilitating informed selections and fostering connections within the sake community.

AccordX

Seed Round in 2020
AccordX is a platform that allows individuals to open a virtual restaurant, prepare food at cloud kitchens and sell food by online delivery.

Appify Technologies

Seed Round in 2020
Appify Technologies, Inc. is a Tokyo-based company founded in 2018 that specializes in application development through its platform, Appify. The platform enables users to create professional applications without the need for coding expertise, focusing primarily on the e-commerce sector. By integrating with popular site creation platforms like Base, Shopify, and CAMPFIRE Community, Appify allows users to develop official mobile applications for their online stores. This no-code approach empowers individuals and businesses to enhance their online presence and streamline their operations by easily transforming their e-commerce websites into fully functional apps.

SIRCLO

Series B in 2020
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.

KitaBeli

Seed Round in 2020
KitaBeli is a social commerce startup founded in 2020 by Prateek Chaturvedi, Ivana Tjandra, Gopal Rathore, and Subhash Bishnoi. The company operates a platform that focuses on fast-moving consumer goods (FMCG) and facilitates group buying among users. Through its gamified app, KitaBeli encourages users to invite friends and neighbors to form purchasing groups, allowing them to access discounts on essential items. This collaborative approach not only helps customers secure better prices but also fosters social interaction by enabling users to discuss deals and make informed purchasing decisions.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for Indonesia's 60 million micro, small, and medium enterprises (MSMEs). The company offers a platform that enables users to efficiently manage their businesses through features such as digital bookkeeping, online storefronts, and payment processing. By facilitating the recording of daily financial transactions, including sales and customer accounts, BukuWarung helps small businesses maintain accurate sales records, issue bills via messaging applications, and generate daily business reports. The platform aims to empower MSMEs by enhancing their financial awareness and enabling effective business management through technology.

BukuWarung

Seed Round in 2020
BukuWarung is a technology company focused on providing digital infrastructure for Indonesia's 60 million micro, small, and medium enterprises (MSMEs). The company offers a platform that enables users to efficiently manage their businesses through features such as digital bookkeeping, online storefronts, and payment processing. By facilitating the recording of daily financial transactions, including sales and customer accounts, BukuWarung helps small businesses maintain accurate sales records, issue bills via messaging applications, and generate daily business reports. The platform aims to empower MSMEs by enhancing their financial awareness and enabling effective business management through technology.

Rentio

Venture Round in 2020
Founded in Tokyo, Japan in 2015, Rentio operates an online platform for selling and leasing camera and home appliances. It offers subscription-based rental services, allowing customers to try products without purchasing them outright.

Moladin

Pre Seed Round in 2020
Founded in 2017, Moladin is an e-commerce platform specializing in the automotive sector, facilitating online transactions for used vehicles. The company has established partnerships with over 40 dealers and several major financing firms to offer consumers a wide range of options and discounts. Moladin's platform serves as a comprehensive resource for automotive owners, providing access to an online directory of servicing workshops, spare part retailers, accessory dealers, and modifiers. Additionally, it streamlines the financing process, allowing motorcycle users to easily obtain information and funding in one unified location.

AccordX

Venture Round in 2019
AccordX is a platform that allows individuals to open a virtual restaurant, prepare food at cloud kitchens and sell food by online delivery.

CUMI

Seed Round in 2019
CUMI is a rental marketplace based in Jakarta, Indonesia, that connects users looking to borrow and lend a diverse range of goods and services. The platform aggregates verified vendors across various categories, including automotive, electronics, apparel, home and garden, and office supplies, among others. By streamlining the rental process and providing searchable listings, CUMI enhances the user experience for both renters and service providers. This approach facilitates easy access to a wide array of products, catering to the needs of consumers seeking temporary use of goods and services.

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.

AllSome

Seed Round in 2019
AllSome is a logistics platform based in Shenzhen, China, established in 2017. The company specializes in connecting online merchants with spare warehouse space for efficient storage and management of cross-border shipments, particularly from China to Southeast Asia. AllSome offers a comprehensive suite of services, including procurement, quality checks, storage, and direct shipping to customers' doorsteps. Additionally, the company has developed e-commerce fulfillment software that provides parcel tracking systems, allowing businesses to effectively manage orders without significant investment. This combination of warehousing and technological solutions enables merchants to streamline their operations and enhance their service offerings.

ACROVE

Venture Round in 2019
ACROVE is a platform that assists companies in streamlining their operations and increasing eCommerce sales. They support their customers' online stores. They provide services to clients who work in the e-commerce industry. They offer services in fields like the internet, artificial intelligence, and blockchain. They are enabling clients across all e-commerce brands.

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.

Triplogic

Seed Round in 2019
Triplogic is a logistics company specializing in same-day and next-day delivery services. It leverages a network of travelers to facilitate faster and more cost-effective shipping of goods. The company offers end-to-end last-mile delivery solutions, including logistics, fulfillment, and distribution, aimed at enhancing the overall supply chain ecosystem. Triplogic serves a diverse clientele, including corporate distributors, e-commerce retailers, and small to medium-sized enterprises, allowing them to efficiently schedule and manage deliveries across multiple destinations in a single journey.

MobilKamu

Series A in 2019
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company specializes in streamlining the car buying and selling process for consumers by providing a comprehensive solution that combines technology with high-quality customer service. MobilKamu's platform enables users to find cars that meet their preferences while offering curated deals, down payment options, and installment plans from various showrooms. Additionally, it assists customers with credit processes, facilitating the purchase of new vehicles in a more efficient manner. Through its services, MobilKamu aims to enhance the overall experience of car buyers in Jakarta.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.

Moladin

Seed Round in 2018
Founded in 2017, Moladin is an e-commerce platform specializing in the automotive sector, facilitating online transactions for used vehicles. The company has established partnerships with over 40 dealers and several major financing firms to offer consumers a wide range of options and discounts. Moladin's platform serves as a comprehensive resource for automotive owners, providing access to an online directory of servicing workshops, spare part retailers, accessory dealers, and modifiers. Additionally, it streamlines the financing process, allowing motorcycle users to easily obtain information and funding in one unified location.

Warung Pintar

Seed Round in 2018
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.

Market Drive

Venture Round in 2017
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.

MobilKamu

Seed Round in 2017
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company specializes in streamlining the car buying and selling process for consumers by providing a comprehensive solution that combines technology with high-quality customer service. MobilKamu's platform enables users to find cars that meet their preferences while offering curated deals, down payment options, and installment plans from various showrooms. Additionally, it assists customers with credit processes, facilitating the purchase of new vehicles in a more efficient manner. Through its services, MobilKamu aims to enhance the overall experience of car buyers 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.

Beer and Tech

Series A in 2017
Founded in 2014, Beer and Tech operates an e-commerce platform dedicated to selling plants and flowers. It offers flower delivery services and provides resources for plant care through its accompanying website.

Airfrov

Seed Round in 2017
Airfrov is a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international brands and unique items. Founded by Cai Li, the platform arose from a personal experience of helping a friend acquire beauty products and local snacks while traveling. Airfrov enables shoppers to access products from around the globe without the challenges of shipping restrictions or forwarding services. By leveraging a network of travelers, shoppers can obtain their desired items while allowing travelers to earn extra income through their purchases. The platform aims to simplify the process of obtaining overseas goods, fostering a community that benefits both shoppers and travelers alike.

New Action

Seed Round in 2017
New Action is a company that specializes in providing food ingredients and online food delivery services, aimed at helping consumers create restaurant-quality meals at home. It offers a range of carefully selected food constituents and seasonings, along with full-scale recipes crafted by professional chefs. By combining high-quality ingredients with easy-to-follow instructions, New Action enables food enthusiasts to prepare a variety of cuisines, enhancing their cooking experience and meal enjoyment. Additionally, the company provides web marketing services, further supporting its mission to connect consumers with the culinary world.

PeraPera

Venture Round in 2017
PeraPera is a Japanese company founded in 2017 that specializes in providing foreign media translation services into Japanese. It operates a crowd-funding platform that enables users to collectively share the costs associated with translation projects. PeraPera is known for delivering popular blog posts from Silicon Valley in Japanese, thus facilitating access to global content for Japanese readers.

Market Drive

Venture Round in 2017
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.

Kulina

Seed Round in 2017
Kulina is an online platform that specializes in daily catering orders prepared by professional chefs and kitchens. It connects caterers and home cooks directly with consumers through a pre-order system, streamlining the ordering and delivery process. The platform also supports payments via an online wallet, which enhances user convenience. By addressing inefficiencies in the food supply chain and logistics, Kulina aims to make meals more affordable and accessible for its users.

Sociolla

Series B in 2017
Sociolla is an Indonesian online retailer specializing in beauty and personal care products. It offers a wide range of makeup, skincare, haircare, beauty equipment, and perfume, sourced directly from authorized distributors to ensure product authenticity.

Market Drive

Venture Round in 2016
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.

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.

Orori

Series A in 2016
Orori is an e-commerce platform specializing in the sale of luxury jewelry. Founded in 2004 and based in Jakarta Pusat, Indonesia, Orori offers a variety of products including gold, diamonds, and other designer and custom-made jewelry. The company also provides options for customers to invest in gold bars and trade second-hand jewelry or scrap gold for refinement. Orori's online platform is designed to provide detailed information about each product, ensuring transparency and ease of shopping for customers.

Eragano

Seed Round in 2016
PT. Eragano Agritech Indonesia, founded in 2016 and based in Bandung, Indonesia, develops a mobile application designed to support farmers through a comprehensive suite of services. The application offers automated farm scheduling, e-commerce for farm supplies, crop insurance, and access to microfinance. Eragano aims to enhance the productivity and profitability of smallholder farmers by providing flexible solutions that cover all aspects of farming, from sourcing agricultural inputs to selling harvests. Additionally, the company provides digital guidance on cultivation practices. Eragano's vision is to revolutionize agricultural methods to promote sustainability, improve farmers' livelihoods, and enhance consumer health.

Limakilo

Seed Round in 2016
Limakilo is an online marketplace dedicated to improving the food supply chain for farmers in Indonesia. Originating from the community initiative Code4Nation, the company aims to facilitate direct sales of agricultural commodities, allowing farmers to connect with food stalls and vendors. By enabling farmers to sell their produce, such as food grains and crops, directly to end users, Limakilo seeks to shorten the supply chain and minimize inventory storage time. This approach not only benefits farmers by increasing their market access but also provides consumers with fresher food options.

PowerCore

Seed Round in 2016
PowerCore, Inc. is a company based in East Palo Alto, California, that specializes in creating an offline to online platform designed to connect consumers with their favorite brands and characters. Established in 2015, the company provides a range of solutions that include character creation, customer loyalty programs, digital redemption, and application development. PowerCore also features an online store offering a variety of merchandise such as apparel, collectibles, and accessories, as well as digital tagging and secure authentication services. By leveraging its innovative platform, PowerCore enables brands to gather valuable first-party client data and engage consumers effectively across both offline and online environments.

Airfrov

Seed Round in 2016
Airfrov is a peer-to-peer marketplace that connects shoppers with travelers to facilitate the purchase of international brands and unique items. Founded by Cai Li, the platform arose from a personal experience of helping a friend acquire beauty products and local snacks while traveling. Airfrov enables shoppers to access products from around the globe without the challenges of shipping restrictions or forwarding services. By leveraging a network of travelers, shoppers can obtain their desired items while allowing travelers to earn extra income through their purchases. The platform aims to simplify the process of obtaining overseas goods, fostering a community that benefits both shoppers and travelers alike.

Kanmu

Venture Round in 2015
Kanmu, Inc. is a Tokyo-based company that specializes in sales promotion services linked to credit cards. It has developed a consumer reward platform that offers credit card-linked coupons tailored to users' individual purchasing histories and preferences. By analyzing this data, Kanmu delivers personalized offers and discounts that enhance online shopping experiences. The platform aims to broaden access to promotional opportunities, even for unbanked individuals, thereby promoting engagement with various online sales initiatives.

Prinzio

Seed Round in 2015
Prinzio is a Jakarta-based company that provides an online platform connecting users with local brick-and-mortar printing businesses in Indonesia. The platform allows users to compare prices from various printing companies, place orders online, and have their printed materials delivered directly to their doors. As a subsidiary of Gogoprint (Thailand) Co., Ltd. since December 2018, Prinzio aims to streamline the commercial printing outsourcing process, making it easier for customers to access and utilize printing services.

Sociolla

Series A in 2015
Sociolla is an Indonesian online retailer specializing in beauty and personal care products. It offers a wide range of makeup, skincare, haircare, beauty equipment, and perfume, sourced directly from authorized distributors to ensure product authenticity.

Jiraffe

Angel Round in 2015
Founded in 2014, Jiraffe operates online platforms that facilitate price comparisons and transactions for iPhone repairs, parts replacement, and smartphone purchases. Headquartered in Tokyo, Japan, the company aims to empower customers with informed buying decisions.

HipVan

Series A in 2015
HipVan is an e-commerce platform based in Singapore that specializes in offering designer furniture, home furnishings, and lifestyle products at discounted prices, often up to 70% off retail. The company collaborates with independent designers and top partners to curate a selection of well-designed items aimed at enhancing everyday living. Through its online store, HipVan allows homeowners and consumers to conveniently browse and purchase stylish, quality furniture from the comfort of their homes, with home delivery services available to facilitate the buying process.

Lemonilo

Seed Round in 2015
PT Lemonilo Indonesia Sehat operates as a retail platform that focuses on promoting healthier lifestyle choices through a diverse range of natural and affordable products. Established in 2016 and based in Jakarta Barat, Indonesia, Lemonilo offers an extensive selection of food products, such as snacks, vegetables, fruits, meat, seafood, baby food, and juices, alongside personal care items like face treatments, body care, dental hygiene products, and essential oils. The company is dedicated to providing products free from over 100 harmful synthetic ingredients and collaborates with small and medium-sized enterprises across Indonesia. Lemonilo aims to support the Indonesian population in leading healthier and more productive lives by making healthy living accessible and affordable through both its online platform and physical retail stores.

Popbox Asia

Seed Round in 2015
Founded in 2015, Popbox Asia operates automated parcel lockers for last-mile e-commerce deliveries. Its PopBox Locker service enables businesses and consumers to send, collect, or return parcels at convenient locations such as shopping malls, offices, apartments, convenience stores, and colleges across Indonesia.

Jiraffe

Seed Round in 2015
Founded in 2014, Jiraffe operates online platforms that facilitate price comparisons and transactions for iPhone repairs, parts replacement, and smartphone purchases. Headquartered in Tokyo, Japan, the company aims to empower customers with informed buying decisions.
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