GDP Venture is a venture builder based in West Jakarta, Indonesia, founded in 2010. The firm focuses on fostering early and growing-stage companies within the consumer internet sector, specifically targeting areas such as retail technology, e-commerce, e-payments, point-of-sale systems, and logistics. In addition to these investments, GDP Venture also engages in developing digital communities and solutions related to media and commerce. Through its strategic investments and support, the firm aims to enhance innovation and growth within Indonesia's rapidly evolving digital landscape.
Kumparan is an Indonesian media platform launched in January 2017, designed to deliver high-quality content to its audience through a combination of in-house journalists, user contributions, and collaborations with other publishers. The platform offers a hybrid experience, allowing users to engage with collaboratively written stories, view trending topics, and participate in discussions through comments. Founded by experienced Indonesian entrepreneurs from the media and internet sectors, kumparan has established a credible position among stakeholders in Indonesia and has garnered significant traction. The company is supported by notable investors, enhancing its ability to innovate and grow within the competitive media landscape.
Yumi
Venture Round in 2024
Yumi is the definitive source for parents seeking to understand what they are feeding their children and why, offering a science-based early childhood meal delivery program that is the most convenient and most nutritional option in the market.
Indonesia Creators Economy
Seed Round in 2024
Indonesia Creators Economy is a content creator platform, enabling brand-creator collaborations to drive business growth through technology.
Garasi.id
Venture Round in 2023
Garasi.id is an online automotive marketplace that facilitates the buying, selling, and ownership of vehicles. The platform offers a range of services, including car inspections, valuations, and financing options such as car loans. Users can access listings for used cars and compare prices, which aids in making informed purchasing decisions. By providing various automotive-related products and services, Garasi.id aims to streamline the automotive experience for its users.
Ion Mobility
Series A in 2023
Ion Mobility is a technology and automotive company focused on creating sustainable mobility and energy solutions. The company designs and manufactures electric motorbikes that offer performance comparable to traditional gasoline vehicles. By integrating advanced hardware and software technology with human-centered design, Ion Mobility aims to enhance user experiences and provide accessible transportation options. In addition to electric motorbikes, the company also develops energy charging and storage solutions. With a vision to lead Southeast Asia's transition to a low-carbon economy, Ion Mobility is committed to delivering innovative products that promote affordable and sustainable mobility for all.
Summer
Seed Round in 2022
Summer International is a beauty, health, and wellness lifestyle company.
NalaGenetics
Series A in 2022
Nalagenetics is a health-tech company focused on genetic testing and personalized healthcare solutions. Established in 2016, the company partnered with the Indonesian health ministry to distribute genetic test kits in Papua and West Papua, where testing identified that 20% of leprosy patients possess a gene linked to severe reactions to Dapsone, an anti-leprosy medication. This vital information aids healthcare professionals in making informed treatment decisions. Nalagenetics develops a personalized prescription platform that enhances prescription effectiveness through genetic testing and information management. This platform enables patients and healthcare providers to access tailored information, improving interactions with existing healthcare technologies and ultimately leading to better health outcomes.
Eastern Standard Times
Seed Round in 2021
Eastern Standard Times, under its parent company EST Media, is a global media platform focused on sharing unique narratives from Asia, particularly aimed at Gen Z audiences. Established in 2020 and headquartered in West Hollywood, California, the company aims to bridge Eastern and Western youth cultures through its content. Eastern Standard Times creates, finances, and distributes premium long-form storytelling, including web-optimized video content that challenges prevailing narratives about Asian identities and cultures. By doing so, it provides a platform for untold stories from Asia to reach a wider audience, fostering cultural understanding and connection between diverse youth across the globe.
Ion Mobility
Seed Round in 2021
Ion Mobility is a technology and automotive company focused on creating sustainable mobility and energy solutions. The company designs and manufactures electric motorbikes that offer performance comparable to traditional gasoline vehicles. By integrating advanced hardware and software technology with human-centered design, Ion Mobility aims to enhance user experiences and provide accessible transportation options. In addition to electric motorbikes, the company also develops energy charging and storage solutions. With a vision to lead Southeast Asia's transition to a low-carbon economy, Ion Mobility is committed to delivering innovative products that promote affordable and sustainable mobility for all.
Easy Crypto
Series A in 2021
Easy Crypto is focused on providing a secure and user-friendly platform for buying, selling, and trading cryptocurrencies. The company enables customers to maintain control over their assets throughout the transaction process, minimizing exposure risks associated with digital asset trading. By offering a straightforward and intuitive interface, Easy Crypto allows users to engage with cryptocurrency in a manner that is both efficient and accessible, facilitating potential profit opportunities. The platform is designed to cater to a broad audience, ensuring that users can navigate the complexities of cryptocurrency with ease.
Datasaur
Seed Round in 2020
Datasaur, Inc. specializes in data labeling solutions tailored for natural language processing tasks. Founded in 2019 and based in Sunnyvale, California, the company offers a machine learning platform that provides flexible data labeling tools to meet various client needs. Its platform supports multiple users working on the same project, facilitating collaboration and utilizing a specialized review tool to highlight discrepancies among team members. Additionally, Datasaur's built-in intelligence helps identify and rectify costly errors during the labeling process. The platform is applicable in several domains, including contract summarization, customer service transcript analysis, invoice and receipt understanding, product review evaluation, and fake news detection.
Visinema
Series A in 2020
Visinema operates as an entertainment and IP development company. Visinema conceptualises, produces, and distributes content across several formats, including film, television, and digital.
Eureka
Series B in 2020
Eureka is an information technology company that specializes in data analytics, big data, and artificial intelligence. It features an AI-based software application platform that utilizes artificial intelligence, mobile operator data, and proprietary data, which provides insights for businesses, companies, and organizations to communicate with potential and existing customers. The company was founded in 2016 and headquartered in Jakarta Raya, Indonesia.
Printerous
Series A in 2020
Printerous is an online printing service based in Jakarta Barat, Indonesia, founded in 2012. The company specializes in producing a wide range of printed goods for both personal and business needs. Its offerings include items such as business cards, brochures, flyers, calendars, banners, T-shirts, posters, and various promotional products. Printerous aims to streamline the printing process by providing a convenient online platform, allowing customers to place orders without the hassle of visiting a physical store. This online approach not only saves time but also enhances efficiency for businesses in sectors such as corporate, food and beverages, and events. By digitizing traditional printing methods, Printerous facilitates easy access to high-quality printing solutions tailored to diverse client requirements.
Now United
Seed Round in 2020
Now United is a global pop group of 18 members from 18 different countries.
Popmama.com
Seed Round in 2020
Popmama.com is a digital platform providing parenting guidance for millennial mothers from pregnancy to K-12 education.
Endeus.tv
Seed Round in 2019
Endeus.tv is a multi-platform video channel offering daily cooking videos and recipes to inspire cooking enthusiasts and culinary lovers.
Historia.id
Venture Round in 2019
Historia.id is an online magazine sharing captivating stories of the past to educate and inspire a better future.
BlueSpace.ai
Seed Round in 2019
BlueSpace.ai, founded in 2019 and based in Palo Alto, California, specializes in developing software systems for autonomous mass transit fleets. The company focuses on urban mobility by creating advanced autonomous vehicle technology. Its innovative software employs a unique approach to perception and prediction, enabling it to accurately capture the full motion of any object.
HarukaEdu
Series C in 2019
HarukaEdu is an Indonesian company that specializes in online education, providing a comprehensive solution for universities to deliver quality courses with minimal investment and risk. The company aims to enhance access to affordable education by enabling institutions to offer online degree programs, thereby contributing to a brighter future for Indonesians. Through its services, HarukaEdu seeks to bridge the gap in higher education and promote lifelong learning in the region.
Involve Asia
Venture Round in 2019
Involve Asia is a performance marketing technology company founded in 2014 and based in Kuala Lumpur. The company aims to transform the marketing landscape by providing essential infrastructure for publishers and facilitating access to a wide range of affiliate partnerships. Its platform enables brands to harness insights into audience behavior, focusing on metrics such as lifetime value and average basket size. By centralizing affiliate management and commission payouts, Involve Asia simplifies the process of establishing and maintaining affiliate relationships. The platform supports brands in scaling their online earnings through strategic collaborations with content creators and affiliates, ultimately driving both branding and sales. Through its extensive affiliate database, brands can identify and maximize the potential of their partnerships, fostering growth in a competitive digital marketing environment.
Prosa.ai
Series A in 2019
Prosa.ai is a developer of a natural language processing-based analytics platform aimed at addressing industrial challenges that require language processing capabilities. The platform provides businesses with insights into Indonesian audiences by leveraging advanced speech and text technologies. This enables companies to enhance their operations and improve customer engagement effectively.
6Estates
Series B in 2019
6Estates is a company that leverages artificial intelligence to offer intelligent process automation solutions, primarily within the finance sector. The firm specializes in advanced technologies such as multilingual natural language processing, knowledge graphs, and machine reading comprehension to automate the processing of unstructured documents, including letters and contracts. By implementing AI-powered document processing, 6Estates assists financial institutions in streamlining their operational processes, enhancing efficiency, and extracting valuable insights from data. The company's solutions have been adopted by several leading regional banks for applications in trade finance and credit assessment, reflecting its commitment to transforming traditional business methods in the financial industry.
Qlue
Series A in 2019
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.
BJTech
Seed Round in 2019
We are BJtech, an Artificial Intelligence NLP (Natural Language Processing) company focusing in Bahasa Indonesia. We started our company in 2015. Our first chatbot product is called Bang Joni, with transaction based business model; generating income from selling airplane ticket (ticket.com), phone credits, prepaid electricity and shuttle bus tickets. In 2017, BJtech served B2B, where we partnered up with companies like Bank BNI, Coca Cola, BFI Finance and more. Currently, we are focusing on our latest product called BALESIN.ID, a self-service bot targeted for SMEs and enterprise. BALESIN.ID is a Chat Commerce transaction and FAQ Bot that lives in popular messaging apps (LINE, WhatsApp, Facebook Messenger), Chat Widget (Live Agent) and Web URL (independent link that can be embedded in any website). Our business model is a subscription based with add-ons charge and Freemium business model (this helps familiarize our customer how chatbot could ease their daily life). We have received Seed funding of 1.2 million USD from angel investor (F Corp) in 2016. For our new business model, we have received pre-series investment of USD 200,000 from GDI (Djarum Group) and Stellar Kapital to prove our new business model and raise USD 2.5 million.
NEX
Seed Round in 2019
NEX is an entertainment company that focuses on transforming passive screen time into active playtime through motion-based experiences. It specializes in creating immersive motion entertainment that incorporates mobile games, fitness, augmented reality, and technology for both iOS and Android platforms. By offering tools and programs designed to engage users physically, NEX aims to provide interactive entertainment experiences that encourage activity and movement.
GLAIR
Seed Round in 2019
Operator of a credit scoring platform intended to assist the financial services industry. The company's product offers loan applications, loan limits, loan tenure, and much more, enabling companies with sustainable credits to responsible borrowers regardless of their credit history.
Deserve
Series B in 2018
Deserve, Inc. is a financial services company based in Menlo Park, California, that specializes in providing credit cards and other financial products tailored for international students in the United States. Founded in 2012 and originally known as Tremus, Inc., the company leverages machine learning and alternative data to assess creditworthiness, allowing individuals without a traditional credit history to access fair credit products. Deserve utilizes various predictive attributes, such as education and future employability, to evaluate a student's ability to repay. Additionally, the company operates a mobile-first, cloud-native platform, enabling partnerships with financial institutions, fintechs, lenders, and merchant co-brands to enhance the customer experience.
Stampede Ventures
Seed Round in 2018
Stampede Ventures operates as an entertainment studio focused on producing blockbuster franchises across four key divisions: film, television, alternative programming, and international projects. The company aims to elevate the next generation of entertainment by leveraging both traditional and emerging systems, providing artists with a global platform to showcase their talents. Through a collaborative approach, Stampede Ventures surrounds its projects with a network of supporters, collaborators, and accelerators, fostering an environment where creative ideas can thrive and gain momentum.
Element
Series A in 2018
Element develops and distributes mobile-based platforms for digital identity. As pioneers of mobile deep learning – and among the first in the field – we work with partners around the world to build more efficient and inclusive societies. Our current focus is on Asia and Africa, where over 1 billion people lack proper identification, and are often excluded from basic services that are essential to sustainable development. Element was co-founded by Yann LeCun, a founding father of the deep learning field and current head of Artificial Intelligence at Facebook. Our end-to-end solutions are being used to build global immunization platforms, enable connected diagnostics, provide a digital identity resource for healthcare providers, and empower access to financial services and digital payments, among others.
Qokka
Pre Seed Round in 2018
Qokka turns public conversations from web communities into customer insights, acquisition channels, and revenue opportunities.
Yummy
Seed Round in 2018
Yummy is a digital platform that offers cooking tutorials, recipes, and culinary content for millennials and Gen Z.
ProPS
Seed Round in 2018
ProPS is a marketing agency focused on enhancing online business growth through a range of advertising services. The company specializes in boosting brand visibility and engagement, offering solutions such as ad revenue generation, search engine optimization, and programmatic monetization. By providing these services, ProPS enables firms to expand their reach and increase revenue effectively.
Popbela
Seed Round in 2018
Popbela is a multi-platform digital media company focused on fashion, beauty, pop culture, and lifestyle content for Millennial and Gen Z women in Indonesia. It provides articles, videos, and social media content that cater to the interests and needs of young women. Popbela is part of IDN Media and aims to inspire and empower its audience through engaging and relevant content.
GGWP
Seed Round in 2018
GGWP is a one-stop esports multiplatform company
Ubiklan
Seed Round in 2018
Ubiklan is a marketing and advertising company based in Surabaya that operates an innovative offline advertising platform. The company connects private space owners, such as car owners, with businesses seeking to launch technology-driven out-of-home advertising campaigns. Through its platform, Ubiklan allows drivers to choose sticker advertisements from various companies to display on their vehicles. Additionally, the platform manages and monitors these advertising campaigns, providing drivers with real-time data on the locations of their vehicles. This approach enables businesses to reach their target audiences through offline channels while offering drivers an opportunity to generate extra income.
JumpStart Coffee
Series A in 2018
JumpStart Coffee engages in self-serve coffee shop/smart coffee vending machines.
Qlue
Series A in 2017
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.
Deserve
Series A in 2017
Deserve, Inc. is a financial services company based in Menlo Park, California, that specializes in providing credit cards and other financial products tailored for international students in the United States. Founded in 2012 and originally known as Tremus, Inc., the company leverages machine learning and alternative data to assess creditworthiness, allowing individuals without a traditional credit history to access fair credit products. Deserve utilizes various predictive attributes, such as education and future employability, to evaluate a student's ability to repay. Additionally, the company operates a mobile-first, cloud-native platform, enabling partnerships with financial institutions, fintechs, lenders, and merchant co-brands to enhance the customer experience.
Kumparan
Seed Round in 2017
Kumparan is an Indonesian media platform launched in January 2017, designed to deliver high-quality content to its audience through a combination of in-house journalists, user contributions, and collaborations with other publishers. The platform offers a hybrid experience, allowing users to engage with collaboratively written stories, view trending topics, and participate in discussions through comments. Founded by experienced Indonesian entrepreneurs from the media and internet sectors, kumparan has established a credible position among stakeholders in Indonesia and has garnered significant traction. The company is supported by notable investors, enhancing its ability to innovate and grow within the competitive media landscape.
88rising
Funding Round in 2017
88rising is a multi-platform digital media company that focuses on content about Asia and Asian culture. To date, 88rising has produced over 500 hours of original content that has generated over 80 million total video views on Facebook and YouTube. More than half of 88rising’s 16-34-year-old viewers are in the Asia Pacific region.
Sea
Series E in 2017
Sea is a consumer internet company focused on enhancing the lives of consumers and small businesses in Southeast Asia through technology. It operates three main businesses: Shopee, Garena, and SeaMoney. Shopee is the largest e-commerce platform in the region, recognized for its substantial gross merchandise value and transaction volume, with a significant presence in markets such as Indonesia, Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. Initially founded as a gaming company, Garena has transitioned into a key player in the e-commerce sector since its expansion in 2015. The platform's popular game, Free Fire, was the most downloaded game in January 2022 and generated a considerable portion of Garena's revenue. SeaMoney offers digital financial services, including lending, and is poised for growth within Sea's business portfolio.
LokadataID
Seed Round in 2017
LokadataID specializes in data-driven journalism and research, providing insights on business, economy, and politics.
Halodoc
Series A in 2016
PT HaloDoc is a digital healthcare platform based in Jakarta, Indonesia, founded in 2016. It connects patients with a network of 19,000 licensed doctors and 1,000 certified partner pharmacies through its services. Users can engage with medical professionals via video calls, voice calls, and chat, making healthcare more accessible. The platform also allows patients to order laboratory tests that can be conducted at home. Additionally, HaloDoc helps users locate the nearest hospitals and clinics, streamlining the process of obtaining medical advice and services in real-time.
IDN
Series A in 2016
IDN Media Company is a prominent digital media entity in Indonesia, catering primarily to affluent Millennials and Gen Z. Established in 2014 and headquartered in Surabaya, it operates multiple platforms, including IDNtimes.com, which features engaging content such as visuals, quizzes, and listicles, and IDNtv, known for its diverse online video productions like web series and social experiments. Additionally, IDN Media owns Popbela.com, a lifestyle platform aimed at young urban women, and IDN Creative, an agency that specializes in native advertising through sponsored articles and events. The company also organizes live events under IDN Event, providing a space for young talents to showcase their creativity. With over 80 million monthly active users, IDN Media's mission is to democratize information across Indonesia and foster a positive societal impact.
Halodoc
Seed Round in 2016
PT HaloDoc is a digital healthcare platform based in Jakarta, Indonesia, founded in 2016. It connects patients with a network of 19,000 licensed doctors and 1,000 certified partner pharmacies through its services. Users can engage with medical professionals via video calls, voice calls, and chat, making healthcare more accessible. The platform also allows patients to order laboratory tests that can be conducted at home. Additionally, HaloDoc helps users locate the nearest hospitals and clinics, streamlining the process of obtaining medical advice and services in real-time.
Mojok.co
Seed Round in 2016
Mojok.co is a media and entertainment publishing company located in Sleman.
IDN Times
Seed Round in 2015
IDN Times is a multi-platform news and entertainment media company for Millennials and Gen Z in Indonesia. They have their own authentic journalistic approach and creative voice that include lots of visuals, listicles, and interactive contents. Their vision is to be the voice of Millennials and Gen Z in Indonesia.
Cermati
Seed Round in 2015
Cermati operates an online platform that enables Indonesians to research, compare, and select financial products. Founded in 2014 and based in West Jakarta, the company aims to make financial information more accessible and useful, empowering individuals to take control of their financial situations and save money. Cermati's platform offers trusted financial information and manages the entire customer onboarding process, including in-person meetings for document signing with partner banks. By leveraging technology, Cermati seeks to transform the financial landscape in Indonesia, helping users make informed decisions that align with their financial needs.
Triller
Seed Round in 2015
Triller, Inc. is an AI-powered music video app and talent discovery platform founded in 2015 and headquartered in Los Angeles, California, with additional offices in Miami, Paris, and Lisbon. The platform enables users to create high-quality music videos quickly by selecting a song, choosing a specific segment, and recording their performances. Triller has gained popularity, boasting over 23 million downloads and featuring participation from numerous celebrities. The app operates as a short-form video platform, akin to TikTok and Instagram Reels, allowing users to access a mix of user-generated and professionally produced content. Triller has focused on organic growth and has received funding to enhance its AI technology and further develop its brand as a talent discovery platform. In 2020, it became a subsidiary of Proxima Media LLC.
Vintage Electric Bikes
Seed Round in 2015
A Vintage Electric Bike is a high performance work of art on wheels.
Kincir
Seed Round in 2015
Kincir operates as a multi-channel network that focuses on providing an online fan club platform tailored for young audiences. This platform facilitates interactions among fans and their favorite celebrities, fostering a community centered around shared interests. Users can engage with content related to current trends, youth culture, games, and various hobbies, creating an environment where they can connect over their passions. Through its services, Kincir aims to enhance the digital experience for fans while promoting content that resonates with younger demographics.
Kaskus
Venture Round in 2011
KASKUS is a forum for discussion and Indonesia's largest trading. KASKUS is home for anyone to find everything they need. Millions of people use KASKUS to search for information, knowledge, join the new community, to buying and selling all types of goods and services at the best price. KASKUS divided into two types, namely forum Forum & Forum (FJB). Forum is the place to discuss all things. FJB is a place to transact the sale and purchase all kinds of products. KASKUS discussion forum to talk of information that can not be found in other news portals. FJB KASKUS also proven to be the most comprehensive place to find all kinds of products and services.
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