Arya Setiadharma

Co-Founder and CEO

Past deals in Indonesia

Luna POS

Seed Round in 2023
Luna POS is a provider of cloud-based business management software tailored for small and medium enterprises in Indonesia. The company specializes in a comprehensive Point of Sale (POS) and accounting system that streamlines various business activities, including inventory management, sales tracking, and financial reporting. Luna POS enables retailers to efficiently manage their operations, offering features such as stock checking, bundle menu creation, and detailed financial statements. Its platform integrates multiple functionalities, including business analytics, database management, and a multi-franchise system, all within a single cashier application, facilitating effective desk management and stock oversight.

DOOgether

Seed Round in 2022
DOOgether is a leading healthy lifestyle application based in Indonesia, aimed at promoting fitness and wellness among its users. The platform simplifies the booking of workout classes, both offline and virtual, and facilitates the purchase of healthy catering options. By providing access to sports facilities, fitness studios, and sports events, DOOgether encourages customers to engage in regular exercise and adopt a healthier lifestyle. The application serves as a comprehensive solution for individuals seeking to enhance their well-being through convenient access to fitness resources and nutritious food options.

Baskit

Pre Seed Round in 2022
Baskit is a developer of a software-as-a-service platform designed to enhance supply chains, particularly for offline distribution businesses in Indonesia. The company focuses on supporting millions of small and medium-sized enterprises (SMEs) in their digital transformation efforts. By addressing significant inefficiencies among intermediaries in the distribution chain, Baskit's platform provides essential tools and services that improve visibility, efficiency, and access to financing. The platform enables traditional distribution businesses to gain insights into market trends, secure financing, and boost online sales. In doing so, Baskit fosters the creation of more transparent and interconnected supply chains, ultimately benefiting local entrepreneurs and the broader economy.

PINA Indonesia

Seed Round in 2022
PINA Indonesia is a finance application that simplifies complex financial decisions for its users. The platform offers automated money management and investment solutions, along with personalized expert advice, to help individuals achieve financial freedom. By providing comprehensive wealth management and financial planning services, PINA Indonesia enables users to manage their finances more efficiently and effectively.

Haus! Indonesia

Series B in 2022
Haus! is engaged in the F&B industry with the MTO beverage concept serving tea, milk tea, chocolate, and coffee. The brand targets the middle and middle-low market segments. It said its affordable pricing and scalable business model caters to the majority of millennials and Gen Z consumers in the archipelago.

Mekari

Series E in 2022
Mekari is a software-as-a-service (SaaS) company based in Jakarta, Indonesia, specializing in cloud-based business automation technology. Founded in 2015, Mekari provides a suite of solutions designed for business-to-business (B2B) applications, catering to a diverse clientele that includes multinational corporations as well as micro, small, and medium enterprises (MSMEs). The company's software facilitates the digitization and automation of various operational processes, allowing businesses to manage critical areas such as human resources, finance, and taxation while ensuring compliance with relevant regulations. By streamlining administrative tasks, Mekari enables organizations to concentrate on more strategic initiatives, enhancing overall operational efficiency.

PINA Indonesia

Seed Round in 2021
PINA Indonesia is a finance application that simplifies complex financial decisions for its users. The platform offers automated money management and investment solutions, along with personalized expert advice, to help individuals achieve financial freedom. By providing comprehensive wealth management and financial planning services, PINA Indonesia enables users to manage their finances more efficiently and effectively.

Flokq

Convertible Note in 2021
Flokq is dedicated to reinventing urban living to fix the city’s housing problems. It offers private rooms and living spaces in premium apartments with an aim to provide beautiful yet affordable homes to city dwellers. The company started with an idea to make people feel at home in a city with overwhelming opportunities, ever-reducing space, and increasing isolation. It began its journey with a three-pronged approach - affordable and convenient housing, the ability to connect with like-minded people, and fixing a city’s housing problems. Having to deposit thousands of dollars just to live in a house for a few months did not seem fair to nor did the ineluctable need for connecting with others. So it decided to Flokq these problems away and hit the road to snap the stereotypes of shared living. Flokq was founded in 2019 and is headquartered in Jakarta, Indonesia.

Cakap

Series A in 2020
Cakap is an Indonesian EdTech company that offers an online learning platform focused on language acquisition and skill development. The platform connects students with professional teachers and industry experts, facilitating interactive and engaging learning experiences. By utilizing live interactions with native instructors and multimedia content, Cakap enhances conversational skills and promotes effective language learning. The platform is accessible through various devices, including mobile apps and desktop, catering to a wide range of users. Cakap is dedicated to providing high-quality education through an internationally recognized curriculum, ensuring that learners can conveniently study from home or their workplace.

Delman

Seed Round in 2020
Delman is a company based in Jakarta Selatan, Indonesia, specializing in data preparation and management services tailored for various sectors, including government, banking, financial services, retail, and manufacturing. Founded in 2018, Delman focuses on delivering Indonesian-developed big data solutions that enhance the data analytics capabilities of executives, IT leaders, and data engineers. By integrating and preparing data effectively, Delman aims to improve decision-making and outcomes for businesses and their end-users in Indonesia.

Hacktiv8

Seed Round in 2020
Hacktiv8 is the leading coding bootcamp in Indonesia that turns absolute beginners into job ready developers. Hacktiv8 is also the first institution in Indonesia to offer Income Share Agreements (ISA) Education financing to allow students to learn for free in exchange for a share of future income.

Ampotech

Seed Round in 2019
Ampotech manages the electrified world with AI enabled internet of things solutions. Headquartered in Singapore, Ampotech focuses on Asia's built environment and maritime sectors, and is supported by investors based in Singapore, Vietnam, and Indonesia. Ampotech works with leading energy and real estate businesses, and has deployed thousands of connected devices in commercial, industrial, and residential buildings, generating millions of data points per day. The company has won numerous awards for its technology, including an ASEAN Energy Award in 2022.

DOOgether

Seed Round in 2019
DOOgether is a leading healthy lifestyle application based in Indonesia, aimed at promoting fitness and wellness among its users. The platform simplifies the booking of workout classes, both offline and virtual, and facilitates the purchase of healthy catering options. By providing access to sports facilities, fitness studios, and sports events, DOOgether encourages customers to engage in regular exercise and adopt a healthier lifestyle. The application serves as a comprehensive solution for individuals seeking to enhance their well-being through convenient access to fitness resources and nutritious food options.

Wallex

Seed Round in 2018
Wallex Technologies Pte, Ltd. is a Singapore-based company that develops and operates an online cash management platform tailored for SMEs and Fintechs in Asia. Incorporated in 2015, it provides a range of financial solutions, including virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and cross-border payments. Through its platform, customers can transact in 46 currencies, benefiting from fast and seamless transactions along with competitive exchange rates and fees. Additionally, Wallex offers an API that allows for real-time foreign exchange execution, enhancing the efficiency of international transactions. With offices in China, Indonesia, and Hong Kong, Wallex aims to facilitate easier and more effective cross-border financial activities for its clients.

Ampotech

Angel Round in 2018
Ampotech manages the electrified world with AI enabled internet of things solutions. Headquartered in Singapore, Ampotech focuses on Asia's built environment and maritime sectors, and is supported by investors based in Singapore, Vietnam, and Indonesia. Ampotech works with leading energy and real estate businesses, and has deployed thousands of connected devices in commercial, industrial, and residential buildings, generating millions of data points per day. The company has won numerous awards for its technology, including an ASEAN Energy Award in 2022.

GoWork

Seed Round in 2018
GoWork is Indonesia’s premium coworking space with a mission to help people be their best. GoWork provide world-class workspaces that are inspiring and fully equipped with amenities and tools to help companies thrive. GoWork pursues its mission by creating business community platforms for its members through researched spatial design, integrated technology and empowering content and services. The venture is backed by several well-known venture capitalists and partnered with leading brands in coworking, lifestyle and real estate.

Ride Jakarta

Seed Round in 2018
Ride Jakarta is an indoor cycling studio based in Jakarta, Indonesia, founded in 2015. The company offers three distinct classes to cater to a wide range of fitness levels: a beginners ride designed for newcomers to indoor cycling and fitness, a signature ride suitable for all participants, and an advanced ride aimed at experienced riders who have completed more than ten classes. In addition to providing engaging cycling workouts that promote cardiovascular endurance and overall body toning, Ride Jakarta addresses customer inquiries via phone, email, and online applications, ensuring effective communication and support for its clientele.

Nodeflux

Seed Round in 2017
Nodeflux is a startup based in Jakarta, Indonesia, specializing in video analytics software that enhances the functionality of CCTV devices. The company has developed a distributed computation platform that leverages deep learning and computer vision to make traditional surveillance systems smarter. By integrating and analyzing scattered data, Nodeflux empowers businesses to extract valuable insights from existing sources, thereby extending the capabilities of their CCTV systems. This innovative approach allows organizations to benefit from advanced computation models, including both traditional and cognitive computing, improving security and operational efficiency.

Qlue

Seed Round in 2016
Qlue is a comprehensive smart city provider based in Indonesia that focuses on enhancing urban living through technology. Originally a tech startup, the company has evolved to implement smart city solutions in both government and private sectors, enabling efficient decision-making and fostering community engagement. Its offerings include a public service monitoring application that allows citizens to file and track complaints to local governments, thereby improving communication and accountability. Additionally, Qlue leverages advanced technologies such as artificial intelligence and computer vision, along with mobile workforce management tools, to support data-driven decision-making. Incorporated in 2014 and acquired by ServiceNow in 2017, Qlue aims to drive positive changes in communities by facilitating better interactions between citizens and their governments.

SquLine

Seed Round in 2016
SquLine is an online language learning platform based in Jakarta, Indonesia, that offers English courses for both individuals and corporations. Founded in 2013, the company connects students with native teachers worldwide to enhance their conversational language skills. Through live instruction and multimedia learning content, SquLine enables learners to study from the comfort of their homes or offices, eliminating issues related to scheduling, commuting, and high tuition costs associated with traditional education methods.

Cakap

Seed Round in 2016
Cakap is an Indonesian EdTech company that offers an online learning platform focused on language acquisition and skill development. The platform connects students with professional teachers and industry experts, facilitating interactive and engaging learning experiences. By utilizing live interactions with native instructors and multimedia content, Cakap enhances conversational skills and promotes effective language learning. The platform is accessible through various devices, including mobile apps and desktop, catering to a wide range of users. Cakap is dedicated to providing high-quality education through an internationally recognized curriculum, ensuring that learners can conveniently study from home or their workplace.
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