Maloekoe Ventures

Maloekoe Ventures is a venture capital firm based in Jakarta, Indonesia, founded in 2015. The firm focuses on providing strategic capital to innovative founders who are addressing significant challenges in emerging Asia. By supporting visionary entrepreneurs, Maloekoe Ventures aims to foster growth and development in the region, contributing to the broader entrepreneurial ecosystem.

Harun Hajadi

Founding Partner

11 past transactions

The Shonet

Seed Round in 2019
The Shonet is a prominent social networking platform based in Jakarta, Indonesia, specializing in fashion, beauty, and lifestyle. Founded in 2017, it connects brands with consumers through curated content, enabling users to discover and engage with a variety of products. The platform caters primarily to millennials, allowing content creators to share recommendations and produce articles related to fashion and lifestyle. By facilitating social commerce, The Shonet empowers the growth of the fashion and beauty industry in Indonesia, helping users make informed shopping decisions through community engagement and insider insights.

eFishery

Series A in 2018
eFishery is an aquaculture technology company that develops IoT-based feeding systems and a cloud data platform to help fish and shrimp farmers grow their businesses sustainably. Its automatic feeder uses motion sensors to gauge appetite and determine feed amounts, while a dashboard provides monitoring and insights. The company also offers integrated services spanning farming operations, financing, and distribution, enabling farmers to boost productivity, reduce waste, and improve safety and equity in aquaculture.

Beam

Seed Round in 2018
Beam Mobility Holdings Pte. Ltd. is a micro-mobility company that offers electric scooters for rent through a user-friendly mobile application. Established in 2018 and based in Singapore, Beam aims to enhance urban mobility by providing a network of shared e-scooters that can be easily accessed on a pay-per-use basis. The company promotes responsible parking by incentivizing users to return scooters to designated parking spots, thereby minimizing clutter on city streets. By leveraging Internet of Things technology, Beam contributes to improved last-mile connectivity, helps alleviate traffic congestion, and supports environmental sustainability efforts.

Bizzy

Series A in 2018
Bizzy is an online marketplace designed to assist merchants in transitioning to e-commerce by managing their procurement activities efficiently. The platform streamlines the purchasing process by offering wholesale prices that vary based on the volume of purchases, thereby facilitating cost-effective access to office supplies. Bizzy integrates multiple shipments from various vendors through a crossdocking model, leveraging the fulfillment capabilities of its partner, aCommerce. This approach enables businesses to meet the logistical demands of B2B customers while providing them with convenient options to choose from multiple suppliers. Through these services, Bizzy supports companies in optimizing their procurement processes and reducing operational costs.

Element

Series A in 2018
Element Inc., established in 2012 and based in New York, specializes in developing and distributing mobile-based software for biometric identity solutions. The company's platform enables various applications, including building immunization platforms, facilitating connected diagnostics, providing digital identities for healthcare providers, and enabling access to financial services. Element focuses on regions like Asia and Africa, where proper identification is often lacking, to promote inclusivity and sustainable development. The company was co-founded by Yann LeCun, a prominent figure in the deep learning field and current AI head at Facebook.

iflix

Series B in 2017
iFlix Sdn Bhd is a digital entertainment service provider based in Kuala Lumpur, Malaysia, founded in 2014. The company caters to consumers in various countries including Malaysia, the Philippines, Thailand, Indonesia, and several others across the Middle East and North Africa. iFlix offers a comprehensive library of content, including TV shows, movies, hyperlocal originals, live sports, and news, allowing users to stream or download their preferred entertainment. The service features a diverse range of genres, including comedy, drama, K-drama, Turkish drama, Bollywood, and Nollywood, sourced from Hollywood, the UK, Asia, the Middle East, and Africa. Subscribers benefit from unlimited access to this extensive content library for a low monthly fee, enabling them to watch on multiple devices such as mobile phones, laptops, tablets, and televisions, thereby enhancing accessibility and convenience. As of June 2020, iFlix operates as a subsidiary of Tencent Holdings Limited.

Gadjian

Venture Round in 2016
Gadjian is a cloud-based payroll and HR management application designed for small and medium enterprises in Indonesia. Established in 2012 and headquartered in South Jakarta, the company offers a comprehensive platform that addresses various HR management and payroll needs, accommodating both weekly and monthly payroll processes. Gadjian's software enables organizations to manage employees' personal information, income tax deductions, attendance records, sick leave, and loans. Additionally, it provides employers with tools to store and process payroll-related data and grants employees access to their own payroll information, such as pay slips. By streamlining these functions, Gadjian supports businesses in enhancing workplace engagement and effectively managing human resources.

Jojonomic

Seed Round in 2016
Jojonomic is a developer of a mobile personal financial application and expense management software that aims to transform financial management for individuals and businesses. Its cloud-based tools facilitate comprehensive business management across various functions, including human resources, finance, sales and marketing, and operations. By providing a user-friendly interface, Jojonomic enables clients to efficiently manage their finances and business operations, allowing different teams to optimize their performance and achieve better results.

aCommerce

Venture Round in 2016
aCommerce Co., Ltd., established in 2013, is a Bangkok-based company that specializes in providing comprehensive e-commerce solutions for brands and retailers across Southeast Asia, including Thailand, Indonesia, the Philippines, and Singapore. The company offers a wide range of services, from performance marketing and channel management to platform design, payment gateways, order fulfillment, delivery, and customer service. aCommerce caters to various sectors such as health and beauty, fashion, electronics, and technology, and has a strategic partnership with DKSH Group.

Agate

Seed Round in 2016
Agate is the largest game company in Indonesia, established in 2009 and specializing in both business-to-business (B2B) and business-to-consumer (B2C) markets. For the B2B sector, Agate offers gamification solutions that enhance customer and employee engagement, serving over 100 companies with its gamified advertising and learning platforms. In the B2C space, Agate develops high-quality mobile and console games, including the well-received Valthirian Arc: Hero School Stories, which is available on PlayStation 4, Nintendo Switch, and PC. The company focuses on creating entertaining, educational, and training-related games, providing users with engaging content and a vibrant gaming experience.

Summit Healthcare

Seed Round in 2015
Summit Healthcare is a medical training and simulation company focused on enhancing the skills of healthcare professionals and advancing continuing health education. Operating primarily in Indonesia, the company aims to improve healthcare quality by offering access to relevant and updated educational content. Summit Healthcare employs state-of-the-art training and education delivery methods, with a particular emphasis on the nursing sector. Through its services, the company ensures that nurses and other healthcare professionals stay informed about the latest practices and care techniques, thereby contributing to the overall improvement of healthcare standards in the region.
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