Insignia Venture Partners

Insignia Venture Partners, established in 2017, is a Singapore-based venture capital firm. Led by former Sequoia Asia partner Yinglan Tan, the company focuses on early-stage investments in the technology sector across Southeast Asia. Its investment portfolio spans various sectors, including B2B, e-commerce, consumer, fintech, gaming, healthcare, logistics, and property technology, with a particular interest in software.

Trang Bui

Senior Investment Analyst

Samir Chaibi

Principal

Andri Lau

Investment Associate

Yong Cheng Ong

Principal

Yinglan Tan

Founding Managing Partner

Past deals in Indonesia

SeIndonesia

Series A in 2025
Se’Indonesia is a fastest growing Indonesian Quick Service Restaurant chain. providing high-quality protein that is flavorful, nutritious, accessible, and affordable. The company specializes in smoked beef bowls, leveraging a proprietary smoking process that delivers distinct taste and aroma rooted in Indonesian culinary tradition. Founded with a vision to revolutionize the food industry, Se’Indonesia emphasizes product integrity, operational scalability, and efficient delivery formats. Through its commitment to honest cooking and accessible nutrition, the company is positioned to lead the next generation of quick-service food solutions across Indonesia and beyond.

BroilerX

Series A in 2024
BroilerX is a poultry technology startup that focuses on enhancing the operations of smallholder poultry farmers through precision and sustainable technology. Since its establishment in 2020, the company has collaborated with farmers on a contractual basis, providing smart technology services, technical expertise, live birds, and feed supplies. In return, farmers contribute labor, housing, and utilities for the poultry. This partnership mitigates risks associated with fluctuating market prices for poultry and feed ingredients, ensuring affordable access to nutritious poultry for families and the foodservice industry in Indonesia. BroilerX's offerings include smart farming applications, climate control systems, and management tools that help farmers improve feed conversion ratios, reduce mortality rates, and increase profitability. By working with thousands of independent poultry farmers, BroilerX supports the production of quality protein from family farms to local communities.

BroilerX

Seed Round in 2023
BroilerX is a poultry technology startup that focuses on enhancing the operations of smallholder poultry farmers through precision and sustainable technology. Since its establishment in 2020, the company has collaborated with farmers on a contractual basis, providing smart technology services, technical expertise, live birds, and feed supplies. In return, farmers contribute labor, housing, and utilities for the poultry. This partnership mitigates risks associated with fluctuating market prices for poultry and feed ingredients, ensuring affordable access to nutritious poultry for families and the foodservice industry in Indonesia. BroilerX's offerings include smart farming applications, climate control systems, and management tools that help farmers improve feed conversion ratios, reduce mortality rates, and increase profitability. By working with thousands of independent poultry farmers, BroilerX supports the production of quality protein from family farms to local communities.

Tentang Anak

Seed Round in 2023
Tentang Anak is a leading parenting technology company in Indonesia that focuses on creating a comprehensive child development ecosystem. The company connects parents with top pediatric and early childhood development experts to offer a curated selection of science-backed products and services aimed at enhancing children's physical and mental growth. Through its digital platform, Tentang Anak provides various resources including activities, growth trackers, free consultations, and nutritional menus, all designed to support parents in their child-rearing journey.

Fazz

Series C in 2022
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

Credibook

Series A in 2022
Credibook is a startup focused on assisting Indonesian retail wholesalers in managing their financial operations through a digital debt logbook application. This platform aims to streamline the tracking of receivables and payables, enhancing the efficiency of inventory sourcing within the supply chain. The application offers various services, including debt record management, accounts payable and receivable tracking, personal debt management, and reminders for overdue payments. By digitizing these financial processes, Credibook enables business owners to effectively manage their operations using technology. The company plans to expand its reach across Indonesia and diversify its offerings to serve additional business sectors.

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.

Tentang Anak

Seed Round in 2022
Tentang Anak is a leading parenting technology company in Indonesia that focuses on creating a comprehensive child development ecosystem. The company connects parents with top pediatric and early childhood development experts to offer a curated selection of science-backed products and services aimed at enhancing children's physical and mental growth. Through its digital platform, Tentang Anak provides various resources including activities, growth trackers, free consultations, and nutritional menus, all designed to support parents in their child-rearing journey.

RateS

Series A in 2022
RateS is a social commerce startup operating in Tier-2 and Tier-3 cities in rural Indonesia. The company has developed a membership-based platform that empowers individuals to establish mobile shops and generate income with minimal capital investment. By eliminating the need for stock, RateS offers an accessible opportunity for students, housewives, and aspiring entrepreneurs to earn additional income. The platform also includes various inventory management tools, enhancing the ability of its members to manage their businesses effectively. Through its innovative approach, RateS aims to foster entrepreneurship in underserved areas, contributing to economic growth and financial independence for its users.

Brankas

Series B in 2022
Brankas is a fintech company based in DKI Jakarta, Indonesia, founded in August 2016. It specializes in providing an open finance platform that facilitates access to modern financial services for consumers and businesses globally. Brankas offers a range of financial software solutions, including payment transfers, bill payments, and fund disbursement, tailored for e-commerce, small and medium enterprises, and larger corporations. The company’s technology enables banks and financial institutions to seamlessly integrate digital products and services into their operations through APIs and user dashboards, allowing for automated payment processing with a focus on enterprise-grade security. This approach helps clients manage their accounts and transactions efficiently, enhancing their overall financial capabilities.

Flip

Series B in 2021
PT. FLIP is a financial technology company based in Depok, Indonesia, founded in 2015. It operates an online platform that facilitates secure interbank fund transfers without any transaction fees. The application is designed to provide users with an efficient and seamless experience for various money transactions, allowing them to save on costs typically associated with interbank transfers. By focusing on innovative solutions, PT. FLIP aims to offer fair financial services that are accessible to a broad audience, enhancing the overall user experience in digital money transfer.

Brankas

Series B in 2021
Brankas is a fintech company based in DKI Jakarta, Indonesia, founded in August 2016. It specializes in providing an open finance platform that facilitates access to modern financial services for consumers and businesses globally. Brankas offers a range of financial software solutions, including payment transfers, bill payments, and fund disbursement, tailored for e-commerce, small and medium enterprises, and larger corporations. The company’s technology enables banks and financial institutions to seamlessly integrate digital products and services into their operations through APIs and user dashboards, allowing for automated payment processing with a focus on enterprise-grade security. This approach helps clients manage their accounts and transactions efficiently, enhancing their overall financial capabilities.

Ajaib

Series B in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

Lifepal

Series A in 2021
Lifepal is an online insurance marketplace based in South Jakarta, Indonesia, and is recognized as the largest in the country by traffic, attracting approximately 4 million monthly visitors as of 2020. Launched in March 2019, Lifepal offers a wide range of insurance products, including health, family, car, accident, education, life, and company insurances. The platform enables customers to compare policies, save on costs, and streamline the process of purchasing and utilizing insurance. Lifepal is committed to providing transparency in information and aims to deliver a convenient experience for users, making it easier for them to find and manage their insurance needs. Founded by alumni from notable companies such as Lazada, Y Combinator, and Rocket Internet, Lifepal has quickly established itself as a significant player in the Indonesian insurance market.

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.

Verihubs

Seed Round in 2021
Verihubs is a company that develops digital infrastructure and offers a variety of AI-driven services tailored for financial services enterprises in Indonesia. Its platform focuses on helping businesses authenticate identities and verify the backgrounds of customers and companies. By providing access to customers' financial data, Verihubs enables its clients to make informed decisions based on verified customer information. This capability is essential for enhancing security and efficiency in financial transactions and services.

Ajaib

Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

Credibook

Seed Round in 2021
Credibook is a startup focused on assisting Indonesian retail wholesalers in managing their financial operations through a digital debt logbook application. This platform aims to streamline the tracking of receivables and payables, enhancing the efficiency of inventory sourcing within the supply chain. The application offers various services, including debt record management, accounts payable and receivable tracking, personal debt management, and reminders for overdue payments. By digitizing these financial processes, Credibook enables business owners to effectively manage their operations using technology. The company plans to expand its reach across Indonesia and diversify its offerings to serve additional business sectors.

Ajaib

Series A in 2021
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

PAYFAZZ

Series B in 2020
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.

Fazz

Series B in 2020
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

YukStay

Seed Round in 2019
YukStay is a technology-driven property company based in Jakarta Raya, Indonesia, that operates an online marketplace for apartment rentals. Founded in 2018, the company addresses the needs of apartment owners and urban communities seeking housing solutions. YukStay's platform facilitates co-living arrangements, aiming to provide affordable city living options. It features a searchable database that allows users to find, browse, and evaluate both domestic and commercial properties. By leveraging customer feedback and reviews, YukStay enables property buyers and sellers to make informed decisions, promoting transparency in the real estate market.

Lifepal

Seed Round in 2019
Lifepal is an online insurance marketplace based in South Jakarta, Indonesia, and is recognized as the largest in the country by traffic, attracting approximately 4 million monthly visitors as of 2020. Launched in March 2019, Lifepal offers a wide range of insurance products, including health, family, car, accident, education, life, and company insurances. The platform enables customers to compare policies, save on costs, and streamline the process of purchasing and utilizing insurance. Lifepal is committed to providing transparency in information and aims to deliver a convenient experience for users, making it easier for them to find and manage their insurance needs. Founded by alumni from notable companies such as Lazada, Y Combinator, and Rocket Internet, Lifepal has quickly established itself as a significant player in the Indonesian insurance market.

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.

Ajaib

Seed Round in 2019
Ajaib is a financial technology company based in Jakarta, Indonesia, that provides an online wealth management platform designed to democratize access to investment opportunities. Founded in 2019, Ajaib allows users to buy and sell stocks, exchange-traded funds (ETFs), and mutual funds through its user-friendly application. The platform is aimed at making investing accessible to all Indonesians, regardless of their financial background, by offering low minimum investment requirements and no account fees. Ajaib's mission is to provide safe, trusted, and affordable investment options, enabling individuals to save and grow their wealth effectively while minimizing risk.

PAYFAZZ

Venture Round in 2018
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.

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.

Nusantara Technology

Series A in 2018
Nusantara Technology is a technology and media group created by Indonesians for the younger generation. The company believes that the youthful Indonesian generation has the potential to make a positive impact on Indonesia. Therefore, Nusantara Technology is responsible for shaping the mentality of the next generation by providing content and technology that will bring Indonesia to the forefront of innovation. Nusantara Technology is a gateway and one-stop solution to reach Gen-Z and the Millenial generation. Nusantara Technology is trusted by Fortune 500 Company and well-known brands to connecting and delivering their messages through digital creative advertising and activities

Fazz

Series A in 2018
Fazz is a financial technology company based in Singapore and Indonesia, founded in 2016. It focuses on providing digital financial services to enhance financial inclusion across Southeast Asia, particularly targeting underserved segments such as micro and small enterprises. Fazz offers a range of services including payment processing, banking, and investment solutions tailored for small businesses, startups, and large corporations. Its flagship offerings include Fazz Agen, an agent-based financial application designed for micro and small businesses, and Fazz Business, a comprehensive business account that facilitates payments, capital growth, and funding opportunities. The merger of PayFazz and Xfers has strengthened Fazz's position in the fintech landscape, enabling it to deliver diverse financial services to consumers and businesses alike.

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.

CoHive

Series A in 2018
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.

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.

Sayurbox

Seed Round in 2018
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.

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.

PAYFAZZ

Convertible Note in 2017
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.