GK-Plug and Play Indonesia

GK-Plug and Play Indonesia is an innovation platform that connects startups and corporations. Its goal is to create an ecosystem of change-makers, where all parties involved which include corporations, startups, investors, government entities, regulators, and universities are able to thrive and grow.

11 past transactions

kegmil

Seed Round in 2022
Kegmil is providing technology and data to field service organisations to enhance operational effectiveness, asset uptime, and service performance.

CrediLinq.Ai

Seed Round in 2022
CrediLinq is a technology infrastructure company that is enabling B2B platforms to offer embedded finance to their customers. B2B PayLater for buyers and B2B PayNow for sellers is a huge opportunity to both improve conversion, increase average order volumes and dramatically reduce operational burden. The future of B2B payments and purchasing will very much look like the current consumer-level experience – we at CrediLinq.Ai are accelerating that change.

Dagangan

Series A in 2021
Dagangan is the trusted tech-enabled rural commerce platform that provides access to daily necessities at affordable prices to rural communities. We support producers and brand owners to penetrate deeper into the small towns and rural Indonesia to grow their business, by creating both digital and offline touchpoints for them to get better access to various products and services. At the same time, we also empower micro-entrepreneurs in rural Indonesia to sell their local products and services through our platform, while improving their lives to become more economically self-sufficient. We are here to accelerate Indonesia’s economy by powering communities and providing greater economic opportunities for all.

RaRa Delivery

Seed Round in 2021
RARA NOW is an instant delivery service that is revolutionizing instant delivery for Indonesian e-commerce and MSMEs. RARA NOW enables businesses to provide the best experience to their end-customers by utilizing a smart technology system that ensures every product is delivered on time and at the lowest possible cost.

GajiGesa

Seed Round in 2021
GajiGesa is the preferred financial wellness partner for employers in Indonesia. GajiGesa's powerful fintech platform is built to help millions of hardworking Indonesians take control of their financial lives with dignity. The GajiGesa app provides member employees with earned wage access, financial education, and other financial management tools to improve their long-term financial health responsibly. It also empowers employer partners with an enterprise-grade HR analytics platform to improve employee productivity, engagement, and retention by reducing financial stress for their teams. The company has seen 12x growth since January with more large enterprises keen to embrace this financial wellness solution. And we have doubled our overall enterprise customer base in the last quarter and now partner with 60+ companies, serving tens of thousands of employees. Based on GajiGesa’s most recent survey, for employers that partner with GajiGesa, over 75% of their employees have stopped using informal lenders for short term needs because our EWA solution gives them the financial security they need under the purview of the employer. GajiGesa is also increasingly popular for employees that have micro-businesses at home. They often use GajiGesa and use their salary as working capital rather than turning to informal lenders. Health related expenses is another common reason for GajiGesa usage. In early May, the company launched GajiTim, Southeast Asia’s first employee management app for MSMEs and SMEs to manage their workforce efficiently bringing transparency in income tracking and salary calculation. The app is aimed at businesses with between 5 to 100 workers and has gained more than 50,000 active users since it was launched in mid-March. This latest product innovation supercharges GajiGesa’s effort to expand financial resilience - establishing greater transparency in employee management as well as creating a holistic and meaningful integrated employee benefits solution for businesses of all sizes and their employees. The company was founded in 2020 by Martyna Malinowska (formerly Product Lead at Standard Chartered Bank, Product Director at LenddoEFL) and Vidit Agarwal (formerly Head of Business Development APAC at Stripe, COO at CARRO, and first employee at Uber in Asia). The company is Headquartered in Jakarta with a distributed team also based in India and Singapore. GajiGesa announced a US$2.5 million Seed round in February (led by Defy.vc and Quest Ventures) and an undisclosed growth round in early May from additional strategic investors including OCBC NISP Ventura, the Founders of Kopi Kenangan, and other Indonesian investors and family offices.

Otoklix

Seed Round in 2020
Otoklix is a focused Startup on the Automotive aftermarket domain. Otoklix's mission is to bridge the gap between vehicle owners and Indonesia’s fragmented general workshop industry. Transforming the vehicle maintenance experience for consumers and equipping workshops by increasing their visibility, providing business solutions through software, and reducing procurement costs.

Funderbeam

Series A in 2019
Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want. The company was founded in 2013 as a global data platform for startup companies.

DataRobot

Series D in 2018
DataRobot delivers AI technology and ROI enablement services to global enterprises. DataRobot’s enterprise AI platform democratizes data science with end-to-end automation for building, deploying, and managing machine learning models.

Halofina

Seed Round in 2018
Halofina is a mobile app that helps young professionals to achieve their future need by giving them investment recommendation and portfolio tracking.

Ceres AI

Series B in 2018
Ceres AI s a SaaS-based aerial spectral imagery and analytics company that serves farmers and agribusinesses. Using proprietary sensors, analytics, machine learning models, and plant science, Ceres delivers university-validated imagery-based intelligence to farms in the US, Australia and South America. This enables customers to identify pest, disease, water, and fertilizer issues weeks before they are visible to the naked eye.

DANAdidik

Seed Round in 2017
DANAdidik is a fund-raising company that specializes in student loans it allows the public to participate in the financing for student's education. DANAdidik offers funding loans for college students with an interest-free return system and a profit-sharing system after students' income. The company was founded in 2015 and headquartered in Sulawesi Selatan, Indonesia.
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