MDI Ventures

MDI is a corporate venture capital initiative by Telkom Indonesia which is based in Jakarta with operations in Singapore and Silicon Valley. It is set as an independent entity with its own funding processes. Disruptive and innovative companies in the online, media, and mobile internet space are the ventures MDI aims to invest. These sectors should be: - Coherent with existing Telkom Group's products: Digital Ads, Payment solutions, Cloud Computing. - Related to Telkom Group's new product development: Big Data, Media Services, Digital Life, Mobile Apps, E-commerce. - Next generation or less coherent but having a huge potential upside: Future Communications, Future M2M/IOT - The focus of investment is on the high growth verticals to enhance digital experience and provide excellent services that lead to an unparalleled customer experience. MDI uniquely combines a VC model with service in providing companies with access to operational help after making a financial investment. We work closely with global accelerators and venture firms to bring proprietary technology from other mature markets into various businesses of Telkom Indonesia.

Winston Adi

Head of Investments

Shannon Lee Chaluangco

Partner

Alvin Evander

VP of Business Development

William Gozali

Head of Investment and Investment Manager

Aditya Hadiputra Hadiputra

Principal

Aldi Adrian Hartanto

Partner

Kyle Kling

Head of Investments

Kenneth Li

Managing Partner

Sandhy Widyasthana

COO and Portfolio Director

104 past transactions

Panviva Pty. Ltd.

Venture Round in 2017
Panviva designs a cloud-based knowledge management platform that ensures better employee performance and higher customer satisfaction. Its knowledge management platform makes finding business critical information easy for employees, reduces average hold times and cuts down process errors, enabling employees to work better and faster, thereby improving customer experience and increasing revenue.

Postr Media Ltd.

Private Placement in 2018
Postr is an Android app that brings personalised and rewarding content to users. The app brings customised content feeds (including NZ Herald, GrabOne and MetService) and personalised advertisement with engagement mechanisms to user's lock screens and rewards users with Pocket Money (for hosting ads), which can be cashed out to their bank account, exchanged for deals or donated to charity.

Wavecell

Series B in 2017
8x8, Inc. (NYSE: EGHT) is transforming the future of business communications as a leading Software-as-a-Service provider of voice, video, chat, contact center and enterprise-class API solutions powered by one global cloud communications platform. 8x8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. Real-time analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter and Facebook.

Cermati

Series C in 2021
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.

NIUM Pte. Limited

Private Placement in 2018
InstaReM PTE limited through its platform, provides money transfer services for Individuals and business customers. The company was incorporated in 2014 and is based in Singapore.

Sinbad Karya Pedagangan

Seed Round in 2020
Sinbad Karya Pedagangan is a software company.

Qoala

Private Placement in 2020
Qoala is a disruptive insure-tech company that leverages big-data, machine learning, IoT and blockchain aiming to revolutionise insurance landscape in Indonesia. We partner with big companies, including e-commerce and travel platforms, to enhance their customer experience through our unique and innovative insurance products.

Paxel.co

Series B in 2022
PT Paxel Teknologi Unggul provides logistics and delivery services. The company develops a logistics application, Paxel, for same-day delivery services in Indonesia. It also provides urban shipment and packaging services, and Paxel credit for transactions and payment services through a mobile application. In addition, the company offers Paxel Lockers, a storage facility for retrieving packages. The company was founded in 2017 and is headquartered in Jakarta, Indonesia.

Aruna

Series A in 2020
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Bank Bisnis

Post in 2021
Bank Bisnis is a non-foreign exchange private commercial bank.

PT Privy Identitas Digital

Private Placement in 2018
PT Privy Identitas Digital develops electronic identity verification software. It provides legally binding electronic signatures and identity management for all sort of online transactions. The company caters to finance, banks, human resources, fin-tech, and ecommerce industry. The company was founded in 2014 and is based in Jakarta, Indonesia.

Roambee

Private Placement in 2020
Roambee provides a reliable and cost-effective end-to-end service to track shipments and their condition in real time. Within minutes customers, regardless of the industry, can access information about shipments and their in-transit condition to avoid loss, improve operational efficiency and save money. Roambee brings an unheard of simplicity in accessing actionable information in real time with insights and foresights through a combination of its wireless sensor devices and its cloud based intelligence platform for end-to-end tracking. In short, Roambee puts customers in control of their shipments without any upfront investments in hardware and software. Headquartered in Santa Clara, CA, Roambee has an impressive list of customers spanning a variety of industries including pharmaceuticals, retail, food & beverages and consumer electronics, among others.

Kofera

Seed Round in 2017
Kofera helps you create & configure finely-tuned campaigns, optimise it using machine learning algorithm so you can make the most of every dollar you spend without hassle creating, managing and optimising AdWords campaign with million of keywords!

Alodokter

Series C in 2020
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

FinAccel Pte. Ltd.

Private Placement in 2018
FinAccel Pte. Ltd. operates as an instant-credit startup that provides products in retail credit for users in Southeast Asia. It helps people to get short term financing for their e-commerce purchases by allowing users to apply and qualify for instant-credit before paying for the goods over time. The company was incorporated in 2015 and is based in Singapore.

Amartha

Venture Round in 2021
Amartha is a financial technology company that connects micro and SME business partners with investors.

TaniGroup

Series B in 2021
TaniHub is a B2B agriculture marketplace that connects farmers with food, hotel, restaurant, and catering business people. It offers an e-commerce platform for agricultural products and empowers local farmers by providing market access and financial access. Through TaniHub, local farmers can sell their crops to individuals as well as micro, small, and medium enterprises (MSMEs) in various regions. Headquartered in Jakarta, Jakarta Raya, co-founders Ivan Arie Sustiawan, Eka Pamitra, Michael Sugianto, Miftahul Choiri, Wahyu Setyo Nugroho, Wawan B. Setyawan, and William Setiawan founded it in 2015.

Sicepat Express

Series B in 2021
PT. SiCepat Ekspres Indonesia provides courier delivery services across Indonesia. The company was founded in 2004 and is based in Jakarta Pusat, Indonesia.

Qoala

Series B in 2022
Qoala is a disruptive insure-tech company that leverages big-data, machine learning, IoT and blockchain aiming to revolutionise insurance landscape in Indonesia. We partner with big companies, including e-commerce and travel platforms, to enhance their customer experience through our unique and innovative insurance products.

Aruna

Series A in 2021
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Cermati

Series D in 2022
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.

PrivyID

Series B in 2021
PrivyID is a universal identity enabler and digital signature provider headquartered in Jakarta, Indonesia. Since we were first established in 2016, our services have been trusted by over 205 companies and 4.5 million of individual users across Indonesia. PrivyID has the vision to be the global leader in electronic identification and authorization. Enabling humans, organizations, and machines to communicate seamlessly while safeguarding authenticity, confidentiality, integrity, access control, and non-repudiation.

Evermos

Series B in 2021
Evermos is a social commerce startup that connects resellers-to-brands to consumers via platform to sell everyday Muslim products in Indonesia. Founded in November 2018, by utilizing the reseller program, Evermos incentivizes individuals to share the provided products on their messaging application or social media. Allowing the reseller to own a business or online store without requiring operating capital and complex e-commerce system. Evermos focuses on bringing the everyday needs for every Moslem, by providing halal products in various verticals, including fashion, food, cosmetics, home appliances, and business opportunities that comply with Sharia laws.

Aruna

Series A in 2021
Aruna is an Indonesian integrated fishery platform. Aruna helps to create a fair fish trading, improve the livelihood of local fishermen, also bring an affordable and high-quality seafood for communities.

Zenius Education

Series B in 2022
Zenius provides a great learning experience to Indonesian students by emphasizing critical thinking and scientific knowledge as a natural part of their everyday lives. We provide accessible yet elaborate subscription-based self-learning materials for K12 students across Indonesia.

Red Dot Payment

Series B in 2016
Red Dot Payment is an online payment company that provides payment solutions for banks, acquirers, and merchants across the Asia Pacific. It enables merchants and financial institutions to provide complete end-to-end payment options for their customers worldwide to pay seamlessly, swiftly, and securely. Integrate easily via APIs, plug into most major shopping carts and take the business to customers' mobile devices with its Android and IOS SDKs. Red Dot Payment's payment gateway is PCI DSS Level 1 certified to handle payment data, and all transactions are overseen by fraud monitoring systems. Red Dot Payment was founded in 2011 and is headquartered in Singapore. It also has offices in Bangkok and Jakarta.

DELOS

Seed Round in 2021
Delos offers a full-stack farm management system that allows shrimp farmers to digitalize their operations.

TADA

Series B in 2021
TADA is a customer retention platform. We help businesses to double their profit per customer via membership, subscription, referral and digital rewards. We go #BeyondLoyalty. We provide a personalized business assessment and product demo to identify the specific ways your brand can boost customer retention to double your profit per customer. Once we have found the right solution for you, we work with you to integrate our customer retention platform and get you up and running.

Red Dot Payment

Venture Round in 2016
Red Dot Payment is an online payment company that provides payment solutions for banks, acquirers, and merchants across the Asia Pacific. It enables merchants and financial institutions to provide complete end-to-end payment options for their customers worldwide to pay seamlessly, swiftly, and securely. Integrate easily via APIs, plug into most major shopping carts and take the business to customers' mobile devices with its Android and IOS SDKs. Red Dot Payment's payment gateway is PCI DSS Level 1 certified to handle payment data, and all transactions are overseen by fraud monitoring systems. Red Dot Payment was founded in 2011 and is headquartered in Singapore. It also has offices in Bangkok and Jakarta.

Kata.ai

Series A in 2017
Kata.ai is an Indonesian Conversational Artificial Intelligence company with a focus on enhancing the understanding of human conversations, improving the way humans collaborate with machines. Kata.ai’s Natural Language Processing (NLP) technology powers intelligent chatbots (virtual customer service / virtual friend) for major corporations in Indonesia across a different kind of industries such as Unilever (FMCG) and Telkomsel (Telco). The company’s proprietary Kata Bot Platform can be leveraged to create engaging chatbots on top of Kata.ai’s robust and scalable AI technology platform, ensuring company of any size can easily build their own chatbot on any messaging platform. Established in 2015, the company has become a trusted partner for major corporations such as Microsoft, Accenture, and Line. In 2017, the company also received Series-A funding led by Trans-Pacific Technology Fund.

RUN System

Venture Round in 2021
RUN System is a software company located in Yogyakarta.
Galactus Funware Technology Private Limited owns and operates an e-sports platform “Mobile Premier League (MPL)” which allows users to play mobile games developed by the third party and win cash rewards. The gaming platform provides an access to users to compete in live tournaments for skill-based mobile games to win money. Once the results are announced for a tournament, winners can receive money with the assistance of payment wallets. Galactus Funware Technology Private Limited also develops a digital gaming application. The company was incorporated in 2018 and is based in Bengaluru, India.

InstaReM

Series C in 2018
Co-Founded by Prajit Nanu and Michael Bermingham in 2014, InstaReM (short for Instant Remittance) is a Singapore-headquartered Fintech start-up providing fast, secure and cost-effective digital cross-border money transfer services to individuals and businesses. InstaReM has created a unique payment mesh in Asia, which is being leveraged by individuals and corporates. The company also offers a configurable, multi-featured platform MassPay that helps corporate and SME users to manage and control their high-volume remittances to multiple beneficiaries in multiple currencies via a seamless process, enabling then to reduce cross-border money transfer costs by up to 80%. The company is licensed in the EU, Australia, Canada, Hong Kong, Malaysia, India & Singapore. InstaReM is backed by marquee investors such as Vertex Ventures, Fullerton Financial Holdings, Global Founders Capital, GSR ventures and SBI-FMO Ventures. Its services and business model has been recognized on prestigious platforms such as Singapore Fintech Festival and India Fintech Awards in 2017.

Qoala

Seed Round in 2019
Qoala is a disruptive insure-tech company that leverages big-data, machine learning, IoT and blockchain aiming to revolutionise insurance landscape in Indonesia. We partner with big companies, including e-commerce and travel platforms, to enhance their customer experience through our unique and innovative insurance products.

Cloudike

Series A in 2018
Cloudike powers cloud storage. Cloudike helps OEMs, mobile and Internet service providers acquire, retain, and upsell their customers by offering a compelling personal cloud experience under their own brand.

Roambee

Series B in 2020
Roambee provides a reliable and cost-effective end-to-end service to track shipments and their condition in real time. Within minutes customers, regardless of the industry, can access information about shipments and their in-transit condition to avoid loss, improve operational efficiency and save money. Roambee brings an unheard of simplicity in accessing actionable information in real time with insights and foresights through a combination of its wireless sensor devices and its cloud based intelligence platform for end-to-end tracking. In short, Roambee puts customers in control of their shipments without any upfront investments in hardware and software. Headquartered in Santa Clara, CA, Roambee has an impressive list of customers spanning a variety of industries including pharmaceuticals, retail, food & beverages and consumer electronics, among others.

Ematic Solutions Pte. Ltd.

Seed Round in 2017
Ematic Solutions Pte. Ltd. provides email marketing solutions in Singapore. It offers Bye-IQ, an application that facilitates smart visitor interaction, automation, database enhancement, and repeat purchase features; and Hi-IQ, an automated application that enhances email subscribers. The company was incorporated in 2011 and is based in Singapore.

FinAccel Pte. Ltd.

Private Placement in 2019
FinAccel Pte. Ltd. operates as an instant-credit startup that provides products in retail credit for users in Southeast Asia. It helps people to get short term financing for their e-commerce purchases by allowing users to apply and qualify for instant-credit before paying for the goods over time. The company was incorporated in 2015 and is based in Singapore.

PT YesBoss Group Indonesia

Private Placement in 2020
PT YesBoss Group Indonesia designs and develops a conversational platform that connects brands and consumers by utilizing Artificial Intelligence (AI) technology. The company offers natural language dialogue engine that enables brands and enterprises to build their own chatbots to perform conversational activities ranged from product marketing, commerce to behavioral data gathering via commonly-used social and messaging platforms. PT YesBoss Group Indonesia was founded in 2015 and is based in Jakarta, Indonesia.

Whispir Australia Pty Ltd

Series B in 2018
Whispir Limited develops and provides communications management systems through cloud-based platform in the Americas, Australia, New Zealand, Singapore, Switzerland, and internationally. It enables the integration of smart applications and micro communications services into existing workflow solutions to automate specific areas of business critical communications across mobile/email/voice/social/web. The company was founded in 2001 and is based in Melbourne, Australia.

ADSKOM Pte. Ltd.

Series B in 2016
ADSKOM Pte. Ltd. operates as an advertising technology company that delivers digital advertising solutions for the ASEAN market. It develops programmatic advertising platforms for inventory optimization needs to publishers; campaign performance needs to advertisers; and budget spending optimization needs to ad-buyers. The company was founded in 2013 and is based in Singapore with additional offices in Jakarta, Indonesia; Palo Alto, California; and Noida, India.

PT Tiga Elora Nusantara

Private Placement in 2020
PT Tiga Elora Nusantara retails furniture online and through retail stores. The company offers sofa sets, seat, tables, chair, dining table, storage cabinets, home decorations, bed, mattress, office chairs, workbench, lamp, carpet, and linen house. The company also offers interior designing solutions. The company was founded in 2015 and is based in Jakarta, Indonesia.

Ematic Solutions Pte. Ltd.

Seed Round in 2016
Ematic Solutions Pte. Ltd. provides email marketing solutions in Singapore. It offers Bye-IQ, an application that facilitates smart visitor interaction, automation, database enhancement, and repeat purchase features; and Hi-IQ, an automated application that enhances email subscribers. The company was incorporated in 2011 and is based in Singapore.

Roambee

Venture Round in 2018
Roambee provides a reliable and cost-effective end-to-end service to track shipments and their condition in real time. Within minutes customers, regardless of the industry, can access information about shipments and their in-transit condition to avoid loss, improve operational efficiency and save money. Roambee brings an unheard of simplicity in accessing actionable information in real time with insights and foresights through a combination of its wireless sensor devices and its cloud based intelligence platform for end-to-end tracking. In short, Roambee puts customers in control of their shipments without any upfront investments in hardware and software. Headquartered in Santa Clara, CA, Roambee has an impressive list of customers spanning a variety of industries including pharmaceuticals, retail, food & beverages and consumer electronics, among others.

NComputing, Inc.

Venture Round in 2016
NComputing, Inc. is a provider of client virtualization solutions. Through a formula of simplicity, performance and value, NComputing’s solutions serve larger scale and mid-market enterprises, small and medium business (SMB) and education customers, and other verticals markets including healthcare, finance, manufacturing, and government. The Company’s virtualization solutions enable users on any device and from any location to access their own personalized desktops, applications and data, regardless of its physical location. NComputing’s technology platform is based on core technologies including its UXP transmission protocols, virtualization server, application awareness and thin client devices. NComputing has approximately 4 million seats installed among more than 60,000 customers. The company was founded in 2003 and is based in Santa Clara, California.

Anchanto Pte Ltd.

Series C in 2018
Anchanto Pte Ltd. owns and operates a global e-commerce selling and logistics platform. It offers Anchanto platform, which uses SaaS technology and operates as an e-commerce ecosystem that enables and connects all key players across the globe. The company’s SaaS platform is used for e-commerce warehouse management and multi-channel selling, as well as for connecting various sellers and logistics partners across various countries with various marketplaces integrations. Anchanto Pte Ltd. was founded in 2011 and is based in Singapore.

Roambee

Private Placement in 2018
Roambee provides a reliable and cost-effective end-to-end service to track shipments and their condition in real time. Within minutes customers, regardless of the industry, can access information about shipments and their in-transit condition to avoid loss, improve operational efficiency and save money. Roambee brings an unheard of simplicity in accessing actionable information in real time with insights and foresights through a combination of its wireless sensor devices and its cloud based intelligence platform for end-to-end tracking. In short, Roambee puts customers in control of their shipments without any upfront investments in hardware and software. Headquartered in Santa Clara, CA, Roambee has an impressive list of customers spanning a variety of industries including pharmaceuticals, retail, food & beverages and consumer electronics, among others.
Mobile Premier League is a skill-based eSports platform where users can play their favorite mobile games and win real cash. Its application offers an arcade, sports, and adventure games, that enable game enthusiasts to showcase their talent, win prizes, and enjoy with their friends. Mobile Premier League was established in 2018 and is headquartered in Bengaluru, Karnataka.

aCommerce

Series B in 2017
aCommerce is an e-Commerce enabler that provides end-to-end technologies and solutions such as performance marketing, channel management, web store design and operations, order fulfillment and warehousing, delivery, and content production for brands, manufacturers, retailers, and startups in Southeast Asia. aCommerce was founded in 2013 and is headquartered in Bangkok, Thailand.

PT Terraloqiq

Private Placement in 2019
PT Terraloqiq offers Qlue, a solution for smart governance, smart mobility and traffic management, disaster response management, security and safety, and data intelligence for governments, businesses, organizations, and citizens in Indonesia. The company was founded in 2014 and is based in Jakarta, Indonesia with additional offices in Tangerang and Bali.

MileApp

Private Placement in 2020
MileApp develops mobility platform for construction, restaurant, service, manufacturing, distribution, logistic, retail, and media business. The company offers workforce management solution and logistics end-to-end processes with various modules such as, warehouse management, transport management, and package management solution. MileApp was founded in 2018 and is based in Jakarta, Indonesia.

Anchanto Pte Ltd.

Series C in 2020
Anchanto Pte Ltd. owns and operates a global e-commerce selling and logistics platform. It offers Anchanto platform, which uses SaaS technology and operates as an e-commerce ecosystem that enables and connects all key players across the globe. The company’s SaaS platform is used for e-commerce warehouse management and multi-channel selling, as well as for connecting various sellers and logistics partners across various countries with various marketplaces integrations. Anchanto Pte Ltd. was founded in 2011 and is based in Singapore.

Qoala

Series A in 2020
Qoala is a disruptive insure-tech company that leverages big-data, machine learning, IoT and blockchain aiming to revolutionise insurance landscape in Indonesia. We partner with big companies, including e-commerce and travel platforms, to enhance their customer experience through our unique and innovative insurance products.

mClinica Pte. Ltd.

Series A in 2017
mClinica provides data, analytics services, and patient programs to healthcare organizations in Asia’s emerging markets. We collect data that no one else has on pharmaceutical supply chains, patient demographics, and prescribing practices in Southeast Asia. We use that data to provide advisory services and analytics tools to public and private healthcare organizations. We also manage patient engagement platforms that help our clients to deliver access, adherence, and health education programs.

Sonar Platform

Seed Round in 2016
Sonar Platform owns and operates Sonar Analytics and Sonar Influence platform that offers market intelligence, competitor research, brand sentiment analysis, audience profiling, online marketplace analysis, and command center solution. The company was founded in 2013 and is based in Jakarta, Indonesia. As of July 1, 2020, Sonar Platform operates as a subsidiary of Dataxet Pte Ltd.

OY!

Series A in 2021
OY! is a fintech application that simplifies the management of finances. It is providing a free and easy way of transferring money directly from debit cards, viewing of bank account balances and bank statements as well as providing various financial products. The Jakarta, Jakarta Raya-based fintech company was co-founded in 2017 by Hilfi Alkaff, Jan Kristanto, and Jesayas Ferdinandus.

mClinica Pte. Ltd.

Series A in 2017
mClinica provides data, analytics services, and patient programs to healthcare organizations in Asia’s emerging markets. We collect data that no one else has on pharmaceutical supply chains, patient demographics, and prescribing practices in Southeast Asia. We use that data to provide advisory services and analytics tools to public and private healthcare organizations. We also manage patient engagement platforms that help our clients to deliver access, adherence, and health education programs.

ObserveIT

Series B in 2018
ObserveIT helps organizations identify and eliminate insider threats. With more than 1,600 global customers across all major verticals, ObserveIT is an insider threat monitoring and prevention solution that empowers security teams to detect insider threats, streamline the investigation process, and prevent data exfiltration. The company is headquartered in Boston, Massachusetts, United States.

Whispir Australia Pty Ltd

Private Placement in 2018
Whispir Limited develops and provides communications management systems through cloud-based platform in the Americas, Australia, New Zealand, Singapore, Switzerland, and internationally. It enables the integration of smart applications and micro communications services into existing workflow solutions to automate specific areas of business critical communications across mobile/email/voice/social/web. The company was founded in 2001 and is based in Melbourne, Australia.

Manus Biosynthesis

Series B in 2020
Making nature accessible and affordable for a growing society.It is estimated that the world’s population will increase by more than 35% by 2050, reaching 9 billion people. Crop production will need to more than double in order to feed these people and meet the consumer needs of a developing world. With very little land remaining for agricultural expansion, they as a society need to find ways to maximize the use of their world’s resources. Plants produce a variety of rare natural products which are used in their daily lives as flavors, fragrances, food ingredients, cosmetics, vitamins, pharmaceuticals and agricultural chemicals. They strive to reduce their dependence on land- and resource-intensive practices by recreating natural processes through biotechnology.

Qlue

Series A in 2019
QLUE is a part of initial program for Smart City Jakarta to help report problems to the governor. The head of districts (lurah) will quick-follow up all reports to create a better neighborhood. Download Qlue for Android & start contributing to your community

Koinworks

Series C in 2022
KoinWorks is Indonesia Super Financial App and winner of Asian Banker Financial Innovation Award 2019 for Lending Category. With multiple financial product offers where users can manage both their asset and liabilities under one single platform. A true financial technology evolution, with core DNA in providing accessible and affordable financial solutions for everyone.

QFPay

Series C in 2019
QFPay provides businesses with mobile payment technologies and value-added services. QFPay has been partnering with various mobile wallet providers including Alipay, WeChat Pay, China UnionPay, among others, servicing over 1 million+ merchants across Asia and executing over 500 million mobile payment transactions totaling USD30 billion+ in transaction value over the last 6 years.

Anchanto Pte Ltd.

Series C in 2020
Anchanto Pte Ltd. owns and operates a global e-commerce selling and logistics platform. It offers Anchanto platform, which uses SaaS technology and operates as an e-commerce ecosystem that enables and connects all key players across the globe. The company’s SaaS platform is used for e-commerce warehouse management and multi-channel selling, as well as for connecting various sellers and logistics partners across various countries with various marketplaces integrations. Anchanto Pte Ltd. was founded in 2011 and is based in Singapore.

Waresix

Venture Round in 2021
Waresix, a platform that matches unused warehouse space with users in need of such facility, looks to capitalize on the demand for flexible warehousing given the booming e-commerce market in the country. “Distribution and logistics have always been a challenge in Indonesia due to its archipelago structure. Waresix provides a solution for dynamic warehousing strategy that allows their customers (retailer, distributor and manufacturer) to quickly adapt to variable demand,” says Waresix CEO Andree.

GoCement

Seed Round in 2021
The GoCement app is the first of its kind, bringing on-demand, direct-to-site, pre-mixed cement along with mixing equipment. Giving convenience, cost savings, consistent quality, and lower wastage to our customers. The GoCement Founding team Djonny and Asanga spent many years gaining a deep understanding of cement distribution and how cement is used in construction sites. Current industry handicaps include too many intermediaries, lack of quality (in mixed sands and stones), cumbersome bulk logistics, manual transaction flow, wastage, and inconsistent mixing practices. GoCement solves these pain-point, by completely re-designing the supply chain to enable Lowest Cost to Site (LC2S), and providing ready-to-use pre-mixed products.

aCommerce

Venture Round in 2016
aCommerce is an e-Commerce enabler that provides end-to-end technologies and solutions such as performance marketing, channel management, web store design and operations, order fulfillment and warehousing, delivery, and content production for brands, manufacturers, retailers, and startups in Southeast Asia. aCommerce was founded in 2013 and is headquartered in Bangkok, Thailand.

Qlue Inc

Private Placement in 2019
As of May 19, 2017, Qlue Inc. was acquired by ServiceNow, Inc. Qlue Inc. operates a cloud-based conversational platform to support customer service interaction. The company’s platform provides mobile consumers with personal support through a range of messaging platforms. It enables brands to build personal relationships with their consumers. The company was incorporated in 2014 and is based in Palo Alto, California.

Fabelio

Series C in 2020
Fabelio is a design-centric e-tailer operating in Indonesia and soon in entire South East Asia. They partner with the best designers in Indonesia to create original designs and they work closely with the best factories to manufacture good-quality products at attractive prices. At fabelio they focus on furnishing happiness.

Paxel.co

Venture Round in 2021
PT Paxel Teknologi Unggul provides logistics and delivery services. The company develops a logistics application, Paxel, for same-day delivery services in Indonesia. It also provides urban shipment and packaging services, and Paxel credit for transactions and payment services through a mobile application. In addition, the company offers Paxel Lockers, a storage facility for retrieving packages. The company was founded in 2017 and is headquartered in Jakarta, Indonesia.

Fazz Financial

Series A in 2018
Fazz Financial is a digital financial services group.

Alodokter

Venture Round in 2021
Alodokter is a digital health platform that provides an end-to-end digital solution to patients including telemedicine, doctors, and others. It also provides credible information, supportive communities, and in-depth reference material about health subjects that matter to. The platform brings high-quality medical services to its 20 million+ Monthly Active Users by providing an integrated mobile solution for patients and doctors. Alodokter's medical services are fully integrated via an application that can be downloaded on Android and iOS to meet the health needs of the Indonesian public, the latest health content, chat with doctors, an online booking platform for consultation with doctors and/or looking for hospitals. It was founded in 2014 and is based in Jakarta, Indonesia.

Zenlayer

Series C in 2022
Zenlayer operates as a software-defined network and services provider. It offers bare metal cloud, SD-WAN cloud connect, edge computing, and colocation in over 100 data centers on six continents. Enterprises utilizes Zenlayer’s SDx platforms to instantly enable worldwide connectivity and deliver the user experience. The company was founded in 2014 and is headquartered in Diamond Bar, California.

Element Inc.

Series A in 2018
Element Inc. develops and distributes a mobile based, software only platform for biometric identity. Its biometric solution is used to build immunization platforms, enable connected diagnostics, provide a digital identity for healthcare providers, and provide access to financial services. The company was incorporated in 2012 and is headquartered in New York, New York.

NComputing, Inc.

Series B in 2017
NComputing, Inc. is a provider of client virtualization solutions. Through a formula of simplicity, performance and value, NComputing’s solutions serve larger scale and mid-market enterprises, small and medium business (SMB) and education customers, and other verticals markets including healthcare, finance, manufacturing, and government. The Company’s virtualization solutions enable users on any device and from any location to access their own personalized desktops, applications and data, regardless of its physical location. NComputing’s technology platform is based on core technologies including its UXP transmission protocols, virtualization server, application awareness and thin client devices. NComputing has approximately 4 million seats installed among more than 60,000 customers. The company was founded in 2003 and is based in Santa Clara, California.

Beam

Seed Round in 2018
Beam is an e-scooter company . Beam is a micro-mobility startup that encourages users to park their e-scooters in pre-determined parking spots via its app by offering incentives, instead of parking it anywhere randomly on the street.

Beam

Series A in 2020
Beam is an e-scooter company . Beam is a micro-mobility startup that encourages users to park their e-scooters in pre-determined parking spots via its app by offering incentives, instead of parking it anywhere randomly on the street.

OY!

Seed Round in 2020
OY! is a fintech application that simplifies the management of finances. It is providing a free and easy way of transferring money directly from debit cards, viewing of bank account balances and bank statements as well as providing various financial products. The Jakarta, Jakarta Raya-based fintech company was co-founded in 2017 by Hilfi Alkaff, Jan Kristanto, and Jesayas Ferdinandus.

Wavecell

Series B in 2017
8x8, Inc. (NYSE: EGHT) is transforming the future of business communications as a leading Software-as-a-Service provider of voice, video, chat, contact center and enterprise-class API solutions powered by one global cloud communications platform. 8x8 empowers workforces worldwide to connect individuals and teams so they can collaborate faster and work smarter. Real-time analytics and intelligence provide businesses unique insights across all interactions and channels so they can delight end-customers and accelerate their business. For additional information, visit www.8x8.com, or follow 8x8 on LinkedIn, Twitter and Facebook.

Geniee

Venture Round in 2016
A member of SoftBank Group, GENIEE (TSE6562) is a public global AdTech/MarTech company listed in Tokyo stock exchange market. Geniee helps to maximize your Ad Revenue with High-end Technology. As a member of SoftBank Group, GENIEE and SoftBank Group are working closely together to lead the Digital Advertising and Marketing Technology and the further Global Expansion.

Luwjistik

Seed Round in 2021
Luwjistik serves as an API bridge between clients and network partners, connecting them directly to the service providers of their choice.

Coda Payments Pte Ltd.

Venture Round in 2016
Coda Payments Pte Ltd. offers mobile payment solutions that enable customers to make payments for online digital content and services from their mobile phones. The company offers PulsaQ, a prepaid mobile credit payment solution. It serves mobile-owners in Indonesia. Coda Payments Pte Ltd. was incorporated in 2011 and is based in Singapore.

Red Dot Payment

Series B in 2017
Red Dot Payment is an online payment company that provides payment solutions for banks, acquirers, and merchants across the Asia Pacific. It enables merchants and financial institutions to provide complete end-to-end payment options for their customers worldwide to pay seamlessly, swiftly, and securely. Integrate easily via APIs, plug into most major shopping carts and take the business to customers' mobile devices with its Android and IOS SDKs. Red Dot Payment's payment gateway is PCI DSS Level 1 certified to handle payment data, and all transactions are overseen by fraud monitoring systems. Red Dot Payment was founded in 2011 and is headquartered in Singapore. It also has offices in Bangkok and Jakarta.

PrivyID

Seed Round in 2017
PrivyID is a universal identity enabler and digital signature provider headquartered in Jakarta, Indonesia. Since we were first established in 2016, our services have been trusted by over 205 companies and 4.5 million of individual users across Indonesia. PrivyID has the vision to be the global leader in electronic identification and authorization. Enabling humans, organizations, and machines to communicate seamlessly while safeguarding authenticity, confidentiality, integrity, access control, and non-repudiation.

Postr Media Ltd.

Venture Round in 2018
Postr is an Android app that brings personalised and rewarding content to users. The app brings customised content feeds (including NZ Herald, GrabOne and MetService) and personalised advertisement with engagement mechanisms to user's lock screens and rewards users with Pocket Money (for hosting ads), which can be cashed out to their bank account, exchanged for deals or donated to charity.

Goers

Seed Round in 2016
Goers is a daily going out app that allow young smartphone users to discover local things to do around them and book it directly from the app. The company promotes things to do in the city to the citizens and travelers of the city. the company's Vision is to be recognized as an going out platform in Southeast Asia. Goers is based in Jakarta & Bandung. Founded by Sammy Ramadhan, Niki Tsuraya Yaumi & Anselmus Krisna A.K.

New Retail International Pte Ltd

Private Placement in 2020
New Retail International Pte Ltd operates an online marketplace that provides convenience and daily need products. The company through its platform provides meats, food, fruit, vegetables, seafood, beverages, and digital products. It also provides an application for buying products. It sells its products online. The company was incorporated in 2018 and is based in Singapore.

PrivyID

Series A in 2020
PrivyID is a universal identity enabler and digital signature provider headquartered in Jakarta, Indonesia. Since we were first established in 2016, our services have been trusted by over 205 companies and 4.5 million of individual users across Indonesia. PrivyID has the vision to be the global leader in electronic identification and authorization. Enabling humans, organizations, and machines to communicate seamlessly while safeguarding authenticity, confidentiality, integrity, access control, and non-repudiation.
Beijing Qianfang Yintong Technology Co., Ltd. engages in third-party payment services. It is based in Beijing, China.

LotusFlare, Inc.

Venture Round in 2016
We build awesome digital experiences to drive Growth. Our mission is to bridge established companies with the software stack and Growth mindset of the most successful Internet players. We partner with companies in telecom, finance, media and technology to build intuitive, engaging digital products and to systematically drive user engagement, retention and monetization on these apps and websites. We also create digital B-brands, often focused towards Millenials who expect a 100% digital experience when interacting with companies.

Loft Orbital Solutions Inc.

Seed Round in 2017
LOFT ORBITAL SOLUTIONS INC. provides an end-to-end service to host and operate customers' payloads. The company provides satellite platform and integration, standard hardware interfaces, launch booking and integration, finance and insurance solutions to reduce risk and the financial barriers to accessing space, and regulatory compliance and licensing. LOFT ORBITAL SOLUTIONS INC. was incorporated in 2017 and is based in San Francisco, California.

CXA Group

Series C in 2019
From a modest start in 2013, when they had just three Fortune 500 clients, CXA has grown to become Asia’s leading Insurtech start-up - affirmed by over 600 clients and backed by a group of astute investors who understand the value and transformative potential of CXA’s groundbreaking platform. Employees are now able to proactively manage their health by choosing the best-suited insurance, wellness and disease management offerings while employers are able to view aggregated health and claims analytics of their workforce to prioritise interventions that reduce costs and improve workplace health, productivity and employee engagement.

PT Payfazz Teknologi Nusantara

Venture Round in 2018
PT Payfazz Teknologi Nusantara owns and operates an online payment wallet. The wallet can be used for services, such as utilities, money transfer, gaming, e-commerce, and general retailing. The PAYFAZZ application gives access financial products, including prepaid, postpaid, and bill payment. PT Payfazz Teknologi Nusantara was founded in 2016 and is based in Jakarta, Indonesia.