GDP Venture

GDP Venture is a venture builder based in West Jakarta, Indonesia, founded in 2010. The firm focuses on fostering early and growing-stage companies within the consumer internet sector, specifically targeting areas such as retail technology, e-commerce, e-payments, point-of-sale systems, and logistics. In addition to these investments, GDP Venture also engages in developing digital communities and solutions related to media and commerce. Through its strategic investments and support, the firm aims to enhance innovation and growth within Indonesia's rapidly evolving digital landscape.

33 past transactions

Nalagenetics

Series A in 2022
Nalagenetics is a health-tech company that provides genetic testing. In 2016, the company collaborated with the Indonesian health ministry to distribute 1,000 genetic test kits in five villages in Papua and West Papua. The company's tests revealed that 20% of leprosy patients in the area carry the gene responsible for potentially fatal reactions to Dapsone, an anti-leprosy medication; this discovery assisted doctors in determining which patients could be safely treated with the antibiotic.

Eastern Standard Times

Seed Round in 2021
EST Media is the parent company of Eastern Standard Times and EST Studios, two media companies. It is the definitive global Gen Z media platform, sharing untold stories from Asia with the rest of the world. EST Studios serves as a link between the East and West film and television industries. EST Studios creates, finances, and distributes premium long-form storytelling from Asia to the rest of the world. The company was established in 2020 and is headquartered in West Hollywood, California.

Ion Mobility

Seed Round in 2021
ION Mobility is a tech and automotive OEM on a mission to create and deliver aspirational and sustainable mobility and energy solutions for everyone. We are committed to creating great products and seamless user experiences for our customers. Our products combine advanced hardware and software technology with human-centred design to deliver smart electric motorbikes and energy charging and storage solutions that are for everyone to use. Our vision is to be Southeast Asia’s top technology company leading our region’s transition towards a low-carbon economy across Southeast Asia, starting with the ION M1-S. For more information, please visit www.ionmobility.com and ionmobility.substack.com.

Easy Crypto

Series A in 2021
Easy Crypto sells bitcoin and cryptocurrencies. They develop a cryptocurrency retail platform to allow customers to buy, sell, and trade cryptocurrency. They allow users control over their own assets at times, creating no risk when buying or selling digital assets directly.

Datasaur

Seed Round in 2020
Datasaur develops productive tools that design for data labelling needs. It enables users to assign multiple teammates to the same projects and use its specialized review tool to identify where they disagree. Also, its built-in intelligence catches costly errors.

Visinema

Series A in 2020
Visinema operates as an entertainment and IP development company. Visinema conceptualises, produces, and distributes content across several formats, including film, television, and digital.

Eureka

Series B in 2020
Eureka is an information technology company that specializes in data analytics, big data, and artificial intelligence. It features an AI-based software application platform that utilizes artificial intelligence, mobile operator data, and proprietary data, which provides insights for businesses, companies, and organizations to communicate with potential and existing customers. The company was founded in 2016 and headquartered in Jakarta Raya, Indonesia.

Printerous

Series A in 2020
Printerous is an online platform producing the finest quality of printed goods. It provides various printing products and type, from personal printing, art printing, to business printing, and everything is online-based. People no longer need to waste their time going on printing shop and queue for hours, as Printerous now helps make everything easy, fast, and hassle-free.

BlueSpace.ai

Seed Round in 2019
BlueSpace.ai is an urban mobility company that develops autonomous vehicle technology. Its software uses an innovative approach to perception and prediction, capturing the full motion of any object.

HarukaEdu

Series C in 2019
PT Haruka Edukasi Utama or HarukaEdu is a company that provides a turn-key solution to enable universities to offer quality online education with minimum investments and risk. Our vision is to provide a brighter future for Indonesians through affordable, quality online degrees and education

Involve Asia Technologies

Venture Round in 2019
Involve Asia is a performance marketing tech company working to redefine the marketing space to allow wider access for publishers. It provides the infrastructure, publisher access, resource management, and partnership integrations needed by tracking and identifying audience insights to understand affiliate’s influence on key metrics such as lifetime value, average basket size, and gross merchandise volume and work with premium mainstream partners who have affiliate integrations with the company. Brands can tap into their massive each and leverage on their engaged audiences to drive both branding and sales simultaneously. Brands can also identify affiliates to discover the full potential of relationships and benefits of affiliate partnerships through its affiliate database ecosystem. Involves's platform manages affiliate relationships by centralizing commission payouts to affiliates instantaneously. Jimmy How established the Kuala Lumpur, Kuala Lumpur-located company in 2014.

Gushcloud International

Venture Round in 2019
Gushcloud International is a global technology-driven digital talent and media company, focused on Influencer Marketing, Entertainment, Commerce. We connect audiences and brands to influencers and content creators through representation and management, brand strategy, marketing and activation services, media production, sales and distribution, licensing and co-creating significant IP in the content, media and event spaces. The company has four units: Gushcloud Agency, Gushcloud Entertainment, Gushcloud Studios and GC Live. With close to 300 employees, Gushcloud International operates in 11 offices globally including Singapore, Malaysia, Indonesia, Thailand, Philippines, Vietnam, Korea, Japan, Greater China, Australia and the United States of America. Gushcloud Agency is the marketing and advertising unit of Gushcloud International and is a leader in influencer marketing and delivering value from brands to consumers. We are also a licensed Agency in the US, and are committed to building long-term and sustainable career opportunities for digital stars. Gushcloud Entertainment is the brand builder unit of Gushcloud International that is a leader in co-building talent-led global consumer businesses that are positive, innovative and profitable. Gushcloud Studios is a digital media unit under Gushcloud International that manages a diverse array of talents and creates mobile-first content for YouTube, Instagram, Spotify, Facebook, TikTok, BiliBili and other streaming platforms. GC Live is the live commerce unit of Gushcloud International which operates premium live commerce shows selling global brands into Southeast Asia.

Prosa.ai

Series A in 2019
Prosa.ai is a developer of a natural language processing-based analytics platform designed to solve industrial problems that need language processing. The company's platform helps businesses gain insights and understanding of Indonesian audiences by utilizing the power of speech and text technologies, enabling businesses to optimize their business and improve customer engagement.

6Estates

Series B in 2019
6Estates is focusing on using AI technology to deliver back-office intelligent process automation solutions in the finance domain. They specialize in technologies such as multilingual natural language processing (NLP), knowledge graphs (KG), and machine reading comprehension (MRC). These help clients process unstructured documents, which refer to files that do not follow a certain format such as letters and contracts. 6Estates can help financial institutions process unstructured financial documents to automate operational processes, increase efficiency and productivity, and accumulate invaluable knowledge by providing AI-powered Intelligent document processing solutions. Several regional leading banks have used our AI solutions for trade finance and credit assessment.

Qlue

Series A in 2019
Qlue is a smart city ecosystem. Their solutions help decision-makers make efficient business decisions. The company implements smart city technology in both the government and private sectors. Qlue also focuses on computer vision technology, mobile workforce management, QlueDashboard, and QlueSense for the private sector, helping them to realize data-driven decision-making.

BJTech

Seed Round in 2019
We are BJtech, an Artificial Intelligence NLP (Natural Language Processing) company focusing in Bahasa Indonesia. We started our company in 2015. Our first chatbot product is called Bang Joni, with transaction based business model; generating income from selling airplane ticket (ticket.com), phone credits, prepaid electricity and shuttle bus tickets. In 2017, BJtech served B2B, where we partnered up with companies like Bank BNI, Coca Cola, BFI Finance and more. Currently, we are focusing on our latest product called BALESIN.ID, a self-service bot targeted for SMEs and enterprise. BALESIN.ID is a Chat Commerce transaction and FAQ Bot that lives in popular messaging apps (LINE, WhatsApp, Facebook Messenger), Chat Widget (Live Agent) and Web URL (independent link that can be embedded in any website). Our business model is a subscription based with add-ons charge and Freemium business model (this helps familiarize our customer how chatbot could ease their daily life). We have received Seed funding of 1.2 million USD from angel investor (F Corp) in 2016. For our new business model, we have received pre-series investment of USD 200,000 from GDI (Djarum Group) and Stellar Kapital to prove our new business model and raise USD 2.5 million.

Dekoruma

Series B in 2018
Dekoruma is a technology startup that offers interior, furniture, and decoration services for an affordable price. The startup is aiming to put a stop to the inefficiencies that have long occurred in the home and living industry. Dekoruma was founded in 2015 in based in Jakarta, Indonesia.

Deserve Inc.

Series B in 2018
Deserve Inc. is a leading mobile-first credit card platform built on a cloud-native and API-enabled architecture, which allows partners to offer superior personalized experiences for cardholders. We partner with financial institutions, fintechs, lenders, and merchant co-brands.

Stampede Ventures

Seed Round in 2018
These ideas' power will grow as a result of our platform, as well as our love and support. They'll be surrounded by collaborators and accelerators, as well as believers and supporters who have been brought in to help. The force will then begin to be felt – rumbling, violent, inertial power in the same direction, for the same purpose.

Element

Series A in 2018
Element develops and distributes mobile-based platforms for digital identity. As pioneers of mobile deep learning – and among the first in the field – we work with partners around the world to build more efficient and inclusive societies. Our current focus is on Asia and Africa, where over 1 billion people lack proper identification, and are often excluded from basic services that are essential to sustainable development. Element was co-founded by Yann LeCun, a founding father of the deep learning field and current head of Artificial Intelligence at Facebook. Our end-to-end solutions are being used to build global immunization platforms, enable connected diagnostics, provide a digital identity resource for healthcare providers, and empower access to financial services and digital payments, among others.

Qokka

Pre Seed Round in 2018
Qokka turns public conversations from web communities into customer insights, acquisition channels, and revenue opportunities.

Qlue

Series A in 2017
Qlue is a smart city ecosystem. Their solutions help decision-makers make efficient business decisions. The company implements smart city technology in both the government and private sectors. Qlue also focuses on computer vision technology, mobile workforce management, QlueDashboard, and QlueSense for the private sector, helping them to realize data-driven decision-making.

Deserve Inc.

Series A in 2017
Deserve Inc. is a leading mobile-first credit card platform built on a cloud-native and API-enabled architecture, which allows partners to offer superior personalized experiences for cardholders. We partner with financial institutions, fintechs, lenders, and merchant co-brands.

88rising

Funding Round in 2017
88rising is a multi-platform digital media company that focuses on content about Asia and Asian culture. To date, 88rising has produced over 500 hours of original content that has generated over 80 million total video views on Facebook and YouTube. More than half of 88rising’s 16-34-year-old viewers are in the Asia Pacific region.

Sea

Series E in 2017
Sea is a consumer internet company. The company's mission is to improve the lives of consumers and small businesses in the region with technology. The company's businesses include Shopee, Garena, and SeaMoney.

Halodoc

Series A in 2016
HaloDoc is a healthcare network platform. HaloDoc connects users to a network of 19,000 licensed doctors, 1,000 certified partner pharmacies through medical delivery service ApotikAntar, and licensed medical laboratory services. Users can communicate with these medical professionals via chat, video and voice call.

IDN Media

Series A in 2016
IDN Media is the leading media platform company for Millennials and Gen Z in Indonesia, with over 80 million Monthly Active Users (MAU) in our ecosystem. Our vision to democratize information for all Indonesians, from Aceh to Papua, and to bring positive impacts to society.

Sea

Series D in 2016
Sea is a consumer internet company. The company's mission is to improve the lives of consumers and small businesses in the region with technology. The company's businesses include Shopee, Garena, and SeaMoney.

IDN Times

Seed Round in 2015
IDN Times is a multi-platform news and entertainment media company for Millennials and Gen Z in Indonesia. They have their own authentic journalistic approach and creative voice that include lots of visuals, listicles, and interactive contents. Their vision is to be the voice of Millennials and Gen Z in Indonesia.

Cermati

Seed Round in 2015
Their vision is to use technology to make financial information more available and more useful to everyone. Their mission is to enable people to take control of their financial situation and save a lot of money by doing so. Their products allow people to easily make the best financial decision for their situation. Come join our adventure in transforming Indonesian financial landscape through technology.

Triller

Seed Round in 2015
Triller is an AI-powered music video app and talent discovery platform that allows users to create professional-looking videos in a matter of seconds. Users can pick a song, select the portion of the song they want to use, snap a few takes, and with the tap of a button they have a celebrity-quality music video starring them and their friends. Triller relies solely on organic growth and has more than 23 million downloads, with celebrities from Kevin Hart to Vanessa Hudgens regularly using the app to create their own music videos. Triller raised a $4.5M seed round in May 2016 and a $5M Series A funding round in February 2018, with plans to expand its AI technology and develop the brand as a talent discovery platform.
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