Bythen is a technology company that develops an AI platform to create pseudonymous 3D avatar bots. These avatars can engage in various creative applications such as live streaming, video calls, and automated social media interactions, helping users build online influence and generate income.
Mimin
Venture Round in 2024
Mimin is a technology company that specializes in developing an artificial intelligence-driven application designed for informal online sellers. The platform streamlines various aspects of online sales management, allowing users to efficiently handle orders, track shipping, and manage payments. Additionally, Mimin provides tools for order delivery and sales reporting, enabling sellers to optimize their operations and improve overall performance. By focusing on the needs of online chat sellers, Mimin enhances their ability to navigate the complexities of e-commerce.
Jendela360
Venture Round in 2024
Jendela360 is a technology-driven platform focused on simplifying the apartment rental process. The company offers 360-degree virtual tours of available apartments, allowing prospective tenants to view properties from the comfort of their homes. By facilitating a transparent retrieval of information, Jendela360 enhances the rental experience, ensuring that customers can find suitable housing efficiently. In addition to online services, the company provides options for offline visits with an account representative, enhancing customer support. To further ease the financial burden of renting, Jendela360 offers a payment processing system that allows customers to make payments over a 12-month period.
Bythen is a technology company that develops an AI platform to create pseudonymous 3D avatar bots. These avatars can engage in various creative applications such as live streaming, video calls, and automated social media interactions, helping users build online influence and generate income.
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.
Klinik Pintar
Series A in 2023
Klinik Pintar is a health tech company that operates a network of healthcare clinics, serving as an operational partner for optimizing clinic services to patients. The company connects patients, doctors, and healthcare providers through digital technology, offering both physical clinic chains and digital healthcare services. Klinik Pintar provides an outpatient management platform that helps healthcare providers manage various aspects of polyclinic operations, such as registrations, queues, patient slots, and doctors' schedules via API connections. This enables hospitals to enhance manual processes and allows patients to easily access healthcare and testing services.
Rekosistem
Venture Round in 2023
Rekosistem is a climate-tech company specializing in waste management and recycling services. It optimizes the waste value chain by processing vegetable organic waste into compost. The company offers waste collection, segregation, and processing services, digitally integrated with household and business waste pickup. It also incentivizes inorganic waste disposal, enabling individuals and businesses to manage waste efficiently while promoting sustainability.
Maka Motors
Seed Round in 2023
Maka Motors is an Indonesian company specializing in the manufacture of electric motorcycles. It produces vehicles tailored to local road conditions and driving styles, ensuring reliability and capability for its customers. The company's mission is to provide the best electric motorcycle options for Indonesian riders.
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.
Paper.id is a SaaS startup founded in 2016 and based in Indonesia, offering a comprehensive platform for small and midsize enterprises to streamline their invoicing, accounting, and inventory management processes. The company addresses the challenges faced by businesses that still depend on manual operations by providing tools that facilitate digital invoicing, payments, and financial management. Its platform incorporates features such as supply chain analysis and machine learning to enhance workflow efficiency and improve cash flow. Additionally, Paper.id offers integration with digital payment systems and a co-branded business card in collaboration with BRI, enabling entrepreneurs to manage their order-to-pay processes and generate reports with ease.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
Nobi is a cryptocurrency investment platform founded in 2017 and headquartered in Jakarta Barat, Indonesia. The company aims to simplify cryptocurrency ownership and yield generation for users globally. It offers a blockchain asset management application that allows users to safely grow their cryptocurrency investments. The platform provides opportunities for earning yields on popular cryptocurrencies such as Bitcoin and Ethereum, as well as facilitating staking with a variety of altcoins. Nobi's diverse product offerings are designed to enhance the cryptocurrency investment experience for both new and experienced users.
Grupin is a social commerce platform that focuses on creating an interactive, community-driven shopping experience for consumers. Through its innovative platform, users can discover, group, and purchase items collectively, benefiting from substantial discounts that adapt based on factors such as location, browsing behavior, buying preferences, and purchasing power. This approach allows customers to engage in unique discovery experiences, which differ from traditional search-based shopping methods, fostering a sense of community and collaboration among users. By prioritizing social interactions and tailored recommendations, Grupin enhances the overall purchasing experience and empowers consumers to access better deals.
Fuse is an innovative insurance app designed to streamline various insurance activities for users. It serves as a platform that connects a range of insurance products from multiple companies, allowing individuals to easily register as partners, compare different policies, and select the most suitable options for their needs. The app emphasizes a fast, secure, and paperless approach to insurance, providing clients with reliable services that protect their futures. With a focus on user convenience, Fuse aims to simplify the insurance process and enhance accessibility to essential coverage.
ESB is a developer of a comprehensive restaurant management platform aimed at enhancing the operational efficiency of food and beverage businesses. The company provides technology solutions that integrate various processes within the restaurant ecosystem, including ordering, point of sale, and supply chain management. By streamlining these functions, ESB allows restaurateurs to concentrate on running their establishments while the platform addresses their technological requirements. This focus on integrating essential services helps to create a more efficient and effective environment for managing restaurant operations.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.
Pasarnow
Seed Round in 2021
Pasarnow operates as a social e-commerce platform that facilitates online business creation for individuals and entrepreneurs. The company provides access to a diverse range of products, including fresh groceries and farm products, by partnering with over 1,000 farmers and suppliers. This online marketplace not only caters to individual consumers but also serves business clients, allowing resellers to track orders and ensure timely delivery. By enabling users to easily start their own online businesses, Pasarnow fosters entrepreneurship and offers a commission-based earning model for product sales.
Justika
Seed Round in 2021
Justika is a provider of digital legal services that connects clients with credible legal consultants for a wide range of issues, including marriage, inheritance, business contracts, and employment matters. The company offers a comprehensive legal directory, allowing individuals and businesses to easily find and consult with legal professionals. Justika aims to provide transparent and fixed pricing for its services, ensuring that clients receive reliable legal guidance without unexpected costs. Since its inception, over 1,000 individuals have sought assistance from Justika for various legal challenges, reflecting the company's commitment to facilitating access to trustworthy legal support.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
ESB is a developer of a comprehensive restaurant management platform aimed at enhancing the operational efficiency of food and beverage businesses. The company provides technology solutions that integrate various processes within the restaurant ecosystem, including ordering, point of sale, and supply chain management. By streamlining these functions, ESB allows restaurateurs to concentrate on running their establishments while the platform addresses their technological requirements. This focus on integrating essential services helps to create a more efficient and effective environment for managing restaurant operations.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
ONIC Esports
Venture Round in 2021
ONIC Esports is an esports organization based in Jakarta, Indonesia, founded in 2018 by Rob Clinton Kardinal. The company specializes in both offline and online gaming, managing competitive teams in popular titles such as Mobile Legends: Bang Bang, PUBG Mobile, Valorant, and Free Fire. ONIC Esports aims to disrupt the sports entertainment landscape by providing professional management and support for talented players, facilitating their participation in international competitions. Through its structured approach, the organization enables aspiring esports athletes to develop their careers in a professionally managed environment.
VOSPAY menghubungkan perusahaan pembiayaan dan ekosistem digital, memberikan akses untuk konsumen institusi keuangan yang terpilih dengan plafon kredit siap pakai yang dapat digunakan untuk berbelanja di merchant yang terdaftar sebagai mitra VOSPAY. Konsumen dan seller dari merchant terdaftar VOSPAY juga dapat mengajukan kredit belanja dan dana tunai melalui VOSPAY. VOSPAY telah tercatat di regulasi sandbox OJK Inovasi Keuangan Digital (IKD), POJK 13/2018 sebagai platform Financing Agent.
SIRCLO is an Indonesian e-commerce enabler that assists businesses in establishing a robust online presence. The company provides a range of solutions tailored for both entrepreneurs and enterprises, including SIRCLO Store, IbuSibuk, SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, and Orami. These offerings encompass website development, e-commerce management, and communication tools, allowing clients to streamline their online sales across various platforms, such as websites and marketplaces. With a workforce of around 1,000 employees, SIRCLO has successfully supported over 100,000 brands in their digital transformation efforts. The company operates from multiple locations, including Bandung, Yogyakarta, and Surabaya.
Wallex Technologies Pte, Ltd. is a Singapore-based company founded in 2015 that specializes in online cash management solutions. It provides a comprehensive platform for businesses, particularly small and medium-sized enterprises and fintech firms in Asia, enabling them to manage foreign exchange and cross-border payments efficiently. Key offerings include virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and an API that allows real-time forex execution. With the ability to transact in 46 currencies, Wallex ensures fast and seamless transactions at competitive exchange rates and fees, helping customers optimize their financial operations. The company also has additional offices in China, Indonesia, and Hong Kong to support its regional presence.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
Waves Vietnam Podcasts
Seed Round in 2020
Waves Vietnam Podcasts operates as an audio and podcast startup. We are looking for talented and enthusiastic core team members to join on our adventure.
Hacktiv8
Seed Round in 2020
Hacktiv8 is a prominent coding bootcamp in Indonesia focused on transforming absolute beginners into job-ready developers. The institution offers a comprehensive curriculum that covers essential programming skills, including HTML, CSS, and advanced JavaScript, equipping students with the necessary expertise to thrive in the technology sector. As the first coding bootcamp in Indonesia to introduce Income Share Agreements, Hacktiv8 provides an innovative financing option that allows students to pursue their education at no upfront cost, repaying their tuition through a percentage of their future income. This approach makes coding education more accessible and encourages a diverse range of individuals to enter the tech workforce.
Fraction
Seed Round in 2020
Fraction is a technology company that provides a fractional ownership infrastructure on an internet-scale. Users can invest in, sell, and manage fractional ownership of anything using its plug-and-play platform. Its products enable fractional ownership for real estate developers, small and medium-sized businesses, investment funds and pooled capital, and everything in between.
Komunal
Seed Round in 2019
Komunal is a financial technology company based in Indonesia that specializes in peer-to-peer lending services. The company operates a platform that directly connects borrowers, primarily small and medium enterprises (SMEs), with lenders. By facilitating these connections, Komunal provides a funding alternative that offers competitive interest rates and minimal risk for lenders, while enabling SMEs to access unsecured business loans. This approach not only supports individual businesses but also contributes to broader economic growth in Indonesia by fostering relationships between potential borrowers and funders.
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
Ritase is a technology platform that facilitates connections between shippers and logistics companies for freight transportation in Indonesia. It offers an online-to-offline (O2O) truck freight solution that integrates services for both truckers and shippers, allowing for real-time monitoring of shipments. The platform provides detailed reporting capabilities, enabling clients to receive periodic automatic reports on profits generated from truck delivery services. By linking enterprise resource planning (ERP) systems with various logistics providers, Ritase enhances visibility and efficiency in the logistics process, ensuring that clients can track their shipments in real time.
Ekrut is a job marketplace that connects professionals, recruiters, and employers through an innovative online platform. Utilizing artificial intelligence and a human-assisted approach, Ekrut allows job seekers to apply for multiple positions with a single application, increasing their chances of receiving quality job offers. The platform also facilitates employers in efficiently searching for potential candidates, inviting them to interviews, and engaging with them at scale. Users can easily upload their resumes and explore a wide array of job listings, streamlining the hiring process for both candidates and businesses.
MOOIMOM (TNP Group)
Venture Round in 2019
MOOIMOM (TNP Group) is a retail company.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
ON, established in 2009 and based in San Francisco, specializes in developing mobile applications for sports fans. Its primary product is a platform that facilitates real-time communication with friends about favorite teams, along with news updates, scores, and highlights.
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.
VOSPAY menghubungkan perusahaan pembiayaan dan ekosistem digital, memberikan akses untuk konsumen institusi keuangan yang terpilih dengan plafon kredit siap pakai yang dapat digunakan untuk berbelanja di merchant yang terdaftar sebagai mitra VOSPAY. Konsumen dan seller dari merchant terdaftar VOSPAY juga dapat mengajukan kredit belanja dan dana tunai melalui VOSPAY. VOSPAY telah tercatat di regulasi sandbox OJK Inovasi Keuangan Digital (IKD), POJK 13/2018 sebagai platform Financing Agent.
PT. Julo Teknologi Perdana operates a mobile application that offers affordable unsecured personal loans to smartphone users, primarily targeting the underbanked population in Indonesia. The platform connects borrowers with institutional lenders, facilitating a streamlined loan application process that allows users to submit personal documents digitally and receive funds within a day after successful verification. Utilizing machine learning, the company assesses borrowers' creditworthiness to determine interest rates and credit limits. JULO promotes responsible borrowing by rewarding positive behavior with cashback bonuses and offering lower interest rates for reliable customers. Founded in 2016 and based in South Jakarta, JULO aims to provide low-cost loan products while maintaining economic viability for its lending partners.
Carro
Venture Round in 2017
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Kudo is an Indonesian technology company founded in 2014, based in Tangerang, that focuses on enhancing the e-commerce and payment markets in Indonesia. It develops a platform that integrates offline and online shopping experiences by installing kiosks in various locations such as malls, universities, and convenience stores. These kiosks enable customers to purchase game vouchers, discount vouchers, and cellphone balances without the need for credit cards. Kudo's team comprises skilled professionals with backgrounds in prominent global technology and management consulting firms, contributing to its innovative approach in the sector. In 2017, Kudo was acquired by GP Network Asia Pte. Ltd., further expanding its capabilities and reach in the market.
Talenta
Seed Round in 2016
PT Talenta Digital Indonesia is a Jakarta-based company founded in 2013 that offers a cloud-based Software-as-a-Service (SaaS) human resource platform. Talenta focuses on assisting small and medium-sized businesses in managing various HR processes, including attendance tracking, leave requests, overtime management, and payroll. By promoting efficiency, transparency, and self-sufficiency, Talenta aims to support the growth of its clients. The company has set an ambitious goal to serve over 10,000 businesses and manage more than 200,000 employees within five years, reflecting its commitment to enhancing HR management for a diverse range of organizations.
Laku6
Convertible Note in 2016
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. The company targets the emerging middle class by making smartphone ownership and upgrades more affordable through its recommerce model. Laku6 offers accurate and up-to-date pricing and device information, helping customers to purchase quality smartphones at competitive prices. By focusing on the resale market for used mobile phones, Laku6 addresses the growing demand for accessible technology among consumers.
Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.
Black Garlic
Seed Round in 2016
PT Black Garlic is an Indonesian company that specializes in online meal kit delivery services. Founded in 2015 and based in Jakarta, it offers a variety of fresh ingredients, including meats, vegetables, and seasonings, along with detailed recipe cards featuring step-by-step instructions. The recipes are curated by culinary expert William Wongso, allowing customers to prepare special meals at home with ease. Black Garlic aims to simplify cooking for those who may not have extensive culinary skills, making it accessible for everyone to enjoy high-quality, homemade dishes.
PT. ETOBEE TEKNOLOGI INDONESIA, founded in 2014 and based in Jakarta, Indonesia, operates a mobile application designed to connect logistics companies with customers in need of immediate delivery services. The platform functions similarly to a booking service for logistics, enabling both individuals and businesses to request the shipment and collection of items on-demand. Users can arrange deliveries for the same day or within minutes, facilitating convenience and efficiency in urban logistics. Through its mobile and web applications, ETOBEE aims to streamline the delivery process, catering to the diverse needs of its clientele.
Bridestory
Series A in 2015
Bridestory is a digital platform that serves as a marketplace connecting engaged couples with a variety of wedding professionals. The company facilitates the organization of weddings by providing technology-driven solutions that streamline the planning process. Bridestory offers curated lists of vendors and suppliers, including venues, dresses, photographers, and rental services, aiming to ensure a seamless and stress-free experience for clients.
HijUp is an online fashion and lifestyle e-commerce platform specializing in Islamic fashion, particularly for Muslim women. The company offers a diverse range of products including hijabs, clothing, and accessories designed by Indonesian Islamic fashion designers. By acting as an intermediary between designers and global buyers, HijUp enables designers to enhance their profitability while simplifying the shopping experience for customers. The platform features a variety of items such as square hijabs, scarf caps, long dresses, blazers, skirts, and accessories like masks, brooches, socks, and necklaces. HijUp aims to empower Muslim women to express their style while adhering to their cultural values, promoting the idea that they can look fashionable and feel confident in their attire.
Adskom Pte. Ltd. is an advertising technology company based in Singapore, with additional offices in Jakarta, Indonesia, Palo Alto, California, and Noida, India. Founded in 2013, the company specializes in providing digital advertising solutions tailored for the ASEAN market. Adskom develops programmatic advertising platforms designed to meet the inventory optimization needs of publishers, enhance campaign performance for advertisers, and optimize budget spending for ad buyers. The company's mission is to empower the digital advertising industry through effective technology and insightful business services.
Rekosistem is a climate-tech company specializing in waste management and recycling services. It optimizes the waste value chain by processing vegetable organic waste into compost. The company offers waste collection, segregation, and processing services, digitally integrated with household and business waste pickup. It also incentivizes inorganic waste disposal, enabling individuals and businesses to manage waste efficiently while promoting sustainability.