Beleaf Farms
Series A in 2024
Beleaf is a hydroponic farm based in Bogor, Indonesia, specializing in the cultivation of fresh and nutritious food. The company employs vertical farming techniques that utilize hydroponic systems, significantly reducing water usage while producing a variety of greens and vegetables. By establishing a sustainable supply chain with a low-carbon footprint, Beleaf aims to deliver farm-fresh produce directly to consumers, promoting both convenience and environmental responsibility.
Validus Capital
Series C in 2022
Validus Capital is a fintech company focused on providing growth financing to underserved small and medium enterprises (SMEs) in the ASEAN region, including Singapore, Indonesia, Vietnam, and Thailand. The company utilizes data and artificial intelligence to enhance the financing process, facilitating access to secured short-term and medium-term credit. Through its online marketplace, Validus employs a peer-to-peer lending model that connects SMEs with accredited investors, enabling businesses to secure financing efficiently while minimizing costs associated with financial intermediation. Validus is committed to driving inclusive economic growth by partnering with corporations to support SME ecosystems and holds regulatory licenses from authorities such as the Monetary Authority of Singapore and Indonesia's OJK.
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.
iPrice Group
Corporate Round in 2022
iPrice Group operates as an online price comparison platform in Southeast Asia, aimed at enhancing the shopping experience by offering a wide selection of products and brands from numerous partners. The company allows consumers to compare prices, discover products, and secure the best deals from thousands of online retailers, catering to various categories including electronics, fashion, home improvements, and baby products. Founded with the goal of increasing transparency, convenience, and trust in the e-commerce market, iPrice has expanded its reach across seven markets, including Indonesia, Vietnam, Singapore, Hong Kong, Thailand, and the Philippines. Supported by investments from the Asia Venture Group, iPrice has developed expertise in technology, online marketing, and business operations, positioning itself as a key player in the region's online shopping landscape.
Sayurbox is a web-based platform based in Bandung, Indonesia, that specializes in the distribution of fresh fruits and vegetables. Founded in 2016, it connects consumers directly with farmers, allowing them to purchase chemical-free and organic produce. The platform emphasizes healthy living by offering vegetables that are harvested and delivered on the same day, ensuring freshness and quality. By facilitating online orders, Sayurbox aims to make healthy eating more accessible to its users.
AwanTunai
Series A in 2022
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.
AwanTunai
Venture Round in 2021
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.
Qlue Inc. is a technology company based in Palo Alto, California, that focuses on developing solutions for smart city ecosystems. Established in 2014, the company has evolved from a tech startup into a comprehensive provider of smart city technology in Indonesia. Qlue's offerings include applications that facilitate public service monitoring, enabling citizens to file complaints to local governments and track their resolution. The platform incorporates artificial intelligence, computer vision technology, and mobile workforce management, aimed at helping both government and private sectors make data-driven decisions. By enhancing communication between citizens and local authorities, Qlue strives to foster community engagement and improve urban living conditions. The company was acquired by ServiceNow, Inc. in 2017.
Sayurbox
Corporate Round in 2021
Sayurbox is a web-based platform based in Bandung, Indonesia, that specializes in the distribution of fresh fruits and vegetables. Founded in 2016, it connects consumers directly with farmers, allowing them to purchase chemical-free and organic produce. The platform emphasizes healthy living by offering vegetables that are harvested and delivered on the same day, ensuring freshness and quality. By facilitating online orders, Sayurbox aims to make healthy eating more accessible to its users.
GoWork is a leading coworking space provider in Indonesia, dedicated to creating inspiring work environments that support business success. The company offers fully equipped workspaces designed with researched spatial layouts and integrated technology, fostering collaboration and growth for teams. GoWork enhances its mission by building community platforms for its members and providing a range of empowering content and services. The venture is supported by notable venture capitalists and has established partnerships with prominent brands in coworking, lifestyle, and real estate, positioning it as a premium choice for businesses seeking innovative workspace solutions.
UangTeman
Series B in 2019
UangTeman is an online lending service that specializes in providing instant short-term microcredit to consumers in Indonesia. Founded in 2014, it aims to offer a convenient alternative to traditional lending models by delivering online financing solutions accessible anytime and anywhere. The platform provides unsecured loans of up to 3.5 million Rupiah, with repayment terms of a maximum of 30 days. UangTeman operates in several key regions, including Greater Jakarta, Yogyakarta, Solo, Magelang, Klaten, Bandung, Surabaya, Semarang, Bali, Makassar, Palembang, Lampung, Jambi, and Balikpapan, making it a significant player in Indonesia's financial technology landscape.
AwanTunai
Series A in 2018
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, founded in 2017. It focuses on transforming the Indonesian banking sector by providing a mobile application that grants micro merchants access to loans for working capital, particularly targeting those who lack access to traditional banking products. The platform digitizes the fast-moving consumer goods (FMCG) supply chain by facilitating online ordering, customer management, payment acceptance, and inventory management. AwanTunai monetizes its services primarily through embedded financing for inventory purchases within its integrated ecosystem, which connects borrowers with lenders. As a regulated fintech institution, it manages the full lifecycle of bank-compliant loan assets and collaborates with global insurance companies to offer micro-insurance protection. This approach aims to enhance financial accessibility and improve the welfare of consumers in Indonesia.
GoWork is a leading coworking space provider in Indonesia, dedicated to creating inspiring work environments that support business success. The company offers fully equipped workspaces designed with researched spatial layouts and integrated technology, fostering collaboration and growth for teams. GoWork enhances its mission by building community platforms for its members and providing a range of empowering content and services. The venture is supported by notable venture capitalists and has established partnerships with prominent brands in coworking, lifestyle, and real estate, positioning it as a premium choice for businesses seeking innovative workspace solutions.
GoWork is a leading coworking space provider in Indonesia, dedicated to creating inspiring work environments that support business success. The company offers fully equipped workspaces designed with researched spatial layouts and integrated technology, fostering collaboration and growth for teams. GoWork enhances its mission by building community platforms for its members and providing a range of empowering content and services. The venture is supported by notable venture capitalists and has established partnerships with prominent brands in coworking, lifestyle, and real estate, positioning it as a premium choice for businesses seeking innovative workspace solutions.
Pricebook
Series B in 2015
Pricebook Co., Ltd. is a company based in Indonesia that provides a shopping search engine focused on gadgets for consumers in Southeast Asia. The platform aims to bridge the information gap between consumers and businesses by offering comprehensive price comparison services. Through its search engine, Pricebook aggregates product information, including reviews, specifications, and availability in both online and offline stores. This enables customers to make informed purchasing decisions by easily comparing products and prices across various retailers. The company is positioned to capitalize on the rapidly growing e-commerce market in the region, striving to become the leading platform for online shoppers.
Geniee Inc. is a prominent player in the AdTech and MarTech sectors, founded in 2010 by Tomoaki Kudo. Headquartered in Japan, the company operates internationally with offices in Singapore, Thailand, Indonesia, and Vietnam, while previously having a presence in the USA, China, and India. Geniee specializes in providing software-as-a-service solutions that enhance client success in digital advertising. Its offerings include the Geniee Supply-Side Platform (SSP), which facilitates comparisons of various advertising deals; the Geniee Trading Desk for integrated display ad operations; a Data Management Platform (DMP) that analyzes marketing and user data; and a Data Exchange service for delivering online and email ads using audience data. Through these services, Geniee helps clients optimize their advertising strategies and maximize revenue.
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