Respo is a service that enables people to save money by buying things at a discount.
Novelship
Series B in 2023
Novelship is an online marketplace specializing in the buying and selling of authentic, limited-edition sneakers, streetwear, and collectibles from renowned brands such as Nike, Air Jordan, Yeezy, Supreme, and Kaws. The platform is tailored for the sneaker and streetwear community, ensuring that each item is meticulously curated and professionally authenticated to guarantee authenticity. By focusing on the booming Southeast Asian market, Novelship provides users access to a wide array of street fashion, allowing them to purchase verified footwear at competitive prices.
Ringkas
Seed Round in 2023
Ringkas is a company focused on addressing the housing challenge by digitizing the mortgage process. It has developed an intelligent platform designed to simplify the overall value chain of home financing, making it more efficient and accessible. The platform allows users to be pre-qualified for a mortgage budget quickly and at no cost, facilitating a smoother experience in securing home loans. By collaborating with trusted partners, Ringkas matches individual customer profiles to appropriate mortgage rates, effectively democratizing home ownership. The company's innovative approach aims to revolutionize the traditional mortgage process, ensuring a faster and more reliable experience for users seeking to finance their dream homes.
Madly
Venture Round in 2023
Madly is a jewelry company that specializes in creating handcrafted pieces featuring personalized colored gemstones. The company engages its customers throughout the design process, allowing them to collaborate on budgets and styles with the guidance of a designer. This approach ensures that each piece is tailored to the individual preferences of the client, resulting in unique jewelry that reflects their personal taste. Once the design is confirmed, Madly crafts the chosen piece within a few days, providing a quick turnaround for customers seeking distinctive and customized jewelry.
Sirclo
Venture Round in 2023
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.
Desty is a digital platform founded in 2020 and based in Jakarta, Indonesia, that facilitates e-commerce for creators, influencers, and merchants. It provides a comprehensive solution that allows users to build a personalized online destination where they can promote and sell their products. The platform enables individuals and brands to create unique landing pages featuring links, videos, and photos, thereby simplifying the process of establishing an online store. With a focus on enhancing the online commerce experience, Desty supports both independent sellers and larger brands in optimizing their sales performance within the social commerce landscape.
Flik
Pre Seed Round in 2023
Flik is an e-commerce affiliation platform that enables brands to enhance direct-to-consumer transactions by streamlining the checkout experience across multiple sales channels. The company offers tools for setting up online stores and optimizing the checkout process, as well as facilitating delivery options. By focusing on improving these critical aspects of online selling, Flik empowers sellers to maximize their sales potential through their own websites.
Sociolla
Venture Round in 2022
Sociolla is an online beauty and personal care shopping platform based in Indonesia, focused on providing a wide range of authentic cosmetics, skincare, haircare, beauty equipment, and perfumes. Established to create a comfortable and reliable shopping experience for women, Sociolla partners exclusively with authorized distributors and brand holders to ensure the authenticity and quality of its products. The platform features an extensive selection of items, including lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and perfumes, all available for home delivery. By prioritizing product quality, Sociolla aims to meet the beauty needs of its customers effectively.
Cosmart
Seed Round in 2022
Cosmart is a technology-based company that operates a membership-driven e-commerce platform, primarily focused on providing a diverse selection of household products in bulk quantities. Founded in 2022 and headquartered in Kembangan Selatan, Jakarta, Cosmart aims to streamline the purchasing process for consumers by leveraging technology and data. This approach not only facilitates the acquisition of high-quality products but also allows customers to save time and money on recurring expenditures. By offering products at lower costs, Cosmart enhances the shopping experience for its users, addressing their needs for convenience and value in household purchasing.
Fairbanc
Seed Round in 2022
Fairbanc is an AI-powered online payments platform based in San Francisco, California, designed specifically for small and medium enterprises (SMEs) in emerging markets. The platform provides access to credit without the need for collateral or a credit history. By leveraging digital footprints, such as transaction histories and mobile data, Fairbanc offers instant digital credit lines that SMEs can use to purchase inventory from approved suppliers. This innovative approach not only facilitates easier payment processes but also helps retail shop owners increase sales by up to 20% while allowing them to develop a credit history. Additionally, suppliers benefit from more consistent order cycles and instant payments upon delivery, enhancing their sales opportunities. Fairbanc's gender-intelligent ecosystem aims to eliminate the limitations of cash transactions and empower SMEs across various sectors.
RPG Commerce
Series B in 2022
RPG is an e-commerce firm building the next generation of global consumer brands by disrupting the retail industry. RPG Commerce's multi-brand business model operates and optimizes a global suite of direct-to-consumer (DTC) brands by owning the development, production, and delivery processes from start to finish. RPG Commerce is dedicated to providing customer-centric products and services by developing high-quality essential items through its DTC model and delivering them directly to their door.
Novelship
Series A in 2022
Novelship is an online marketplace specializing in the buying and selling of authentic, limited-edition sneakers, streetwear, and collectibles from renowned brands such as Nike, Air Jordan, Yeezy, Supreme, and Kaws. The platform is tailored for the sneaker and streetwear community, ensuring that each item is meticulously curated and professionally authenticated to guarantee authenticity. By focusing on the booming Southeast Asian market, Novelship provides users access to a wide array of street fashion, allowing them to purchase verified footwear at competitive prices.
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.
Bananas
Seed Round in 2022
Bananas is a grocery delivery service that aims to enhance the convenience and efficiency of shopping for daily necessities. By leveraging the rapid commerce model, the company enables customers to receive a wide range of products—including meat, vegetables, and beverages—within a short time frame after placing their orders. Bananas prioritizes the delivery of fresh produce, sourcing fruits and vegetables directly from local farmers and small businesses, thus supporting community economies in Indonesia. The company's dedicated pickers and riders ensure that all deliveries are handled safely and hygienically, providing customers with peace of mind as they access essential goods.
Desty is a digital platform founded in 2020 and based in Jakarta, Indonesia, that facilitates e-commerce for creators, influencers, and merchants. It provides a comprehensive solution that allows users to build a personalized online destination where they can promote and sell their products. The platform enables individuals and brands to create unique landing pages featuring links, videos, and photos, thereby simplifying the process of establishing an online store. With a focus on enhancing the online commerce experience, Desty supports both independent sellers and larger brands in optimizing their sales performance within the social commerce landscape.
SaladStop!
Series B in 2021
SaladStop! is a leader in the healthy food movement in Singapore, focused on providing nutritious and delicious options such as salads, wraps, grain bowls, and smoothies. With a commitment to homemade food free from artificial flavors and coloring, the company prioritizes nutritional transparency and climate-positive choices for consumers. Currently, SaladStop! operates 23 outlets in Singapore and Manila and is expanding its reach to Indonesia and Japan, aligning with its vision of becoming a global leader in nutrition, health, and wellness.
Kasual is an innovative e-commerce clothing platform based in Indonesia, established in 2017. It specializes in men's trousers, merging functionality with personal customization to cater to individual preferences. By focusing on the direct-to-consumer model, Kasual aims to disrupt the traditional retail landscape by offering stylish products at competitive prices. The company not only manufactures its clothing but also emphasizes the importance of beautiful design and innovative features, providing customers with better alternatives to conventional shopping experiences.
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.
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.
Mohjo is an online retailer specializing in almond milk products. The company offers a range of options, including unsweetened, sweetened, and chocolate almond milk, all made from natural ingredients such as nuts, roots, and fruits. Mohjo focuses on providing clean dairy alternatives that contain no additives, fillers, or oils, promoting a healthy and environmentally friendly product. Its offerings are designed to cater to health-conscious consumers seeking nutritious beverage choices that are beneficial for both personal well-being and the planet.
Desty is a digital platform founded in 2020 and based in Jakarta, Indonesia, that facilitates e-commerce for creators, influencers, and merchants. It provides a comprehensive solution that allows users to build a personalized online destination where they can promote and sell their products. The platform enables individuals and brands to create unique landing pages featuring links, videos, and photos, thereby simplifying the process of establishing an online store. With a focus on enhancing the online commerce experience, Desty supports both independent sellers and larger brands in optimizing their sales performance within the social commerce landscape.
Warung Pintar Group
Series B in 2021
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.
Fairbanc
Seed Round in 2021
Fairbanc is an AI-powered online payments platform based in San Francisco, California, designed specifically for small and medium enterprises (SMEs) in emerging markets. The platform provides access to credit without the need for collateral or a credit history. By leveraging digital footprints, such as transaction histories and mobile data, Fairbanc offers instant digital credit lines that SMEs can use to purchase inventory from approved suppliers. This innovative approach not only facilitates easier payment processes but also helps retail shop owners increase sales by up to 20% while allowing them to develop a credit history. Additionally, suppliers benefit from more consistent order cycles and instant payments upon delivery, enhancing their sales opportunities. Fairbanc's gender-intelligent ecosystem aims to eliminate the limitations of cash transactions and empower SMEs across various sectors.
Douzo Inc. is a Japan-based company that operates a cross-border e-commerce platform known as Douzo. This platform facilitates consumer-to-consumer (C2C) social commerce, connecting buyers and sellers globally. Douzo specializes in providing purchase agency services, enabling customers to access products that may be too expensive or unavailable in their local markets. The company offers comprehensive support for overseas exports and assists client companies with e-commerce construction and direct-to-consumer (D2C) strategies. By delivering quality products at reasonable prices, Douzo aims to enhance the shopping experience for international consumers.
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.
Sociolla
Venture Round in 2021
Sociolla is an online beauty and personal care shopping platform based in Indonesia, focused on providing a wide range of authentic cosmetics, skincare, haircare, beauty equipment, and perfumes. Established to create a comfortable and reliable shopping experience for women, Sociolla partners exclusively with authorized distributors and brand holders to ensure the authenticity and quality of its products. The platform features an extensive selection of items, including lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and perfumes, all available for home delivery. By prioritizing product quality, Sociolla aims to meet the beauty needs of its customers effectively.
KitaBeli is a social commerce startup founded in 2020 by Prateek Chaturvedi, Ivana Tjandra, Gopal Rathore, and Subhash Bishnoi. The company operates a platform that focuses on fast-moving consumer goods (FMCG) and facilitates group buying among users. Through its gamified app, KitaBeli encourages users to invite friends and neighbors to form purchasing groups, allowing them to access discounts on essential items. This collaborative approach not only helps customers secure better prices but also fosters social interaction by enabling users to discuss deals and make informed purchasing decisions.
Park & Port
Venture Round in 2021
park & port Co., Ltd. is a platform that allows you to easily and widely discern products sold in select shops, coffee shops.
Desty is a digital platform founded in 2020 and based in Jakarta, Indonesia, that facilitates e-commerce for creators, influencers, and merchants. It provides a comprehensive solution that allows users to build a personalized online destination where they can promote and sell their products. The platform enables individuals and brands to create unique landing pages featuring links, videos, and photos, thereby simplifying the process of establishing an online store. With a focus on enhancing the online commerce experience, Desty supports both independent sellers and larger brands in optimizing their sales performance within the social commerce landscape.
Xbit
Venture Round in 2020
Xbit is a developer of a shift management system that provides an innovative chatbot service for shop owners. This platform enables businesses to efficiently gather employee availability and create effective shift schedules. By addressing customer issues and needs, Xbit implements tailored solutions that enhance operational efficiency. The company focuses on optimizing business processes, allowing clients to reduce costs while maintaining high service quality through proper personnel allocation.
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.
KitaBeli
Seed Round in 2020
KitaBeli is a social commerce startup founded in 2020 by Prateek Chaturvedi, Ivana Tjandra, Gopal Rathore, and Subhash Bishnoi. The company operates a platform that focuses on fast-moving consumer goods (FMCG) and facilitates group buying among users. Through its gamified app, KitaBeli encourages users to invite friends and neighbors to form purchasing groups, allowing them to access discounts on essential items. This collaborative approach not only helps customers secure better prices but also fosters social interaction by enabling users to discuss deals and make informed purchasing decisions.
Rentio
Venture Round in 2020
Rentio Inc. is a Tokyo-based company founded in 2015 that specializes in an online platform for the sale and rental of cameras and home appliances. The company aims to create a consumption system that allows customers to experience products without the commitment of purchasing them. Rentio offers subscription rental services, enabling users to access a variety of home appliances through monthly packages. Their platform also features unlimited exchanges for items like strollers and the option to purchase rented products after the rental period. This approach allows customers to utilize various products at affordable rates while minimizing the risk of purchase mismatches.
Follop
Venture Round in 2019
Follop, Inc. is a Tokyo-based company that specializes in influencer marketing and public relations services through its mobile application. Founded in 2019, Follop enables social media influencers to promote hotels, restaurants, beauty products, and various leisure facilities by posting content on social media platforms. The application also serves as a marketing platform for brands, facilitating connections between companies and influencers to enhance their marketing efforts. Additionally, Follop includes an in-app wallet feature that allows influencers to monetize their posts by earning revenue for the products and services they promote. Through its innovative approach, Follop aims to streamline the process of turning social media engagement into financial gain for both influencers and brands.
MobilKamu
Series A in 2019
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company specializes in streamlining the car buying and selling process for consumers by providing a comprehensive solution that combines technology with high-quality customer service. MobilKamu's platform enables users to find cars that meet their preferences while offering curated deals, down payment options, and installment plans from various showrooms. Additionally, it assists customers with credit processes, facilitating the purchase of new vehicles in a more efficient manner. Through its services, MobilKamu aims to enhance the overall experience of car buyers in Jakarta.
Warung Pintar Group
Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.
Warung Pintar Group
Seed Round in 2018
Warung Pintar Group is a micro retail technology company focused on digitalizing grassroots businesses in Indonesia. The company aims to empower underserved communities by enhancing the quality of street stalls through innovative solutions. Warung Pintar offers smart kiosk stores that feature modern amenities such as digital point-of-sale systems, free Wi-Fi, LCD screens, and power bank chargers. By leveraging data processing and analysis, the company provides valuable insights for financial inclusion and community engagement, fostering opportunities for social security and behavior analysis. Additionally, Warung Pintar assists aspiring entrepreneurs in securing land and funding to establish new shops, ultimately contributing to local economic development and impact monitoring within the community.
Market Drive
Venture Round in 2017
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.
MobilKamu
Seed Round in 2017
MobilKamu is an online car financing platform based in South Jakarta, Indonesia, founded in 2015. The company specializes in streamlining the car buying and selling process for consumers by providing a comprehensive solution that combines technology with high-quality customer service. MobilKamu's platform enables users to find cars that meet their preferences while offering curated deals, down payment options, and installment plans from various showrooms. Additionally, it assists customers with credit processes, facilitating the purchase of new vehicles in a more efficient manner. Through its services, MobilKamu aims to enhance the overall experience of car buyers in Jakarta.
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.
CoHive, formerly known as EV Hive, is Indonesia's largest co-working space provider, headquartered in Jakarta. The company offers a comprehensive ecosystem that includes co-working, co-living, co-retail, and event spaces, designed to foster community and support the growth of startups and small to medium enterprises (SMEs). With around 9,000 members across 33 locations in major cities such as Jakarta, Medan, Yogyakarta, and Bali, CoHive spans approximately 66,000 square meters of shared workspace. The majority of its members are startups and SMEs, while the remaining clientele includes enterprises from diverse industries. CoHive aims to be a pivotal community builder in Indonesia by connecting individuals and businesses, facilitating knowledge sharing, and providing flexible and affordable workspace solutions. The leadership team includes Co-founder and CEO Jason Lee, Co-founder and CCO Ethan Choi, COO Erich Hirawan, and CRO Iris Wee.
Market Drive
Venture Round in 2017
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.
Kulina is an online platform that specializes in daily catering orders prepared by professional chefs and kitchens. It connects caterers and home cooks directly with consumers through a pre-order system, streamlining the ordering and delivery process. The platform also supports payments via an online wallet, which enhances user convenience. By addressing inefficiencies in the food supply chain and logistics, Kulina aims to make meals more affordable and accessible for its users.
Moka
Venture Round in 2017
Moka is a Jakarta-based technology company that specializes in developing a cloud-based point-of-sale application and integrated card reader solutions for small and medium-sized businesses. Founded in 2014, Moka's application enables users to process payments via debit and credit cards while also providing features such as sales reporting across multiple outlets, inventory tracking, customer feedback collection, and analytics. The company offers a range of hardware, including Apple iPads, printers, cash drawers, barcode scanners, and mobile point-of-sale devices, catering to various sectors such as coffee shops, barbershops, retail stores, and restaurants, as well as mobile vendors like food trucks and kiosks. Moka operates on a subscription-based model, charging users a monthly fee that varies according to the number of locations they manage. This approach allows business owners to access real-time sales data stored in the cloud from any location.
Sociolla is an online beauty and personal care shopping platform based in Indonesia, focused on providing a wide range of authentic cosmetics, skincare, haircare, beauty equipment, and perfumes. Established to create a comfortable and reliable shopping experience for women, Sociolla partners exclusively with authorized distributors and brand holders to ensure the authenticity and quality of its products. The platform features an extensive selection of items, including lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and perfumes, all available for home delivery. By prioritizing product quality, Sociolla aims to meet the beauty needs of its customers effectively.
Liaro
Venture Round in 2016
Liaro Inc., based in Japan, specializes in providing artificial intelligence-powered services tailored for the apparel industry. The company develops a technology platform that utilizes deep learning and machine learning to address specific operational challenges faced by retailers, including convenience stores, supermarkets, and apparel businesses. Liaro's offerings include a product recommendation engine and a computer vision system that tags clothing, aimed at reducing costs while enhancing accuracy and efficiency. By enabling clients to make informed strategic decisions, Liaro helps minimize inventory shortages and excess, ultimately increasing operational efficiency.
Market Drive
Venture Round in 2016
Market Drive Inc. is a Tokyo-based company founded in 2016 that specializes in the design and development of innovative applications. One of its primary offerings is eevee, a platform that facilitates communication between users and shops, incorporating a unique feature where men cover women's meal expenses. Additionally, Market Drive is known for developing EveEve, Japan's largest marriage-hunting application. The company has secured funding from various individual investors, enabling it to enhance its management structure, accelerate development, and expand its network of affiliated stores. Through these efforts, Market Drive aims to strengthen its market position and continue delivering valuable services to its users.
Orori is an e-commerce platform specializing in the sale of luxury jewelry. Founded in 2004 and based in Jakarta Pusat, Indonesia, Orori offers a variety of products including gold, diamonds, and other designer and custom-made jewelry. The company also provides options for customers to invest in gold bars and trade second-hand jewelry or scrap gold for refinement. Orori's online platform is designed to provide detailed information about each product, ensuring transparency and ease of shopping for customers.
Future Creative Network
Seed Round in 2016
Future Creative Network is a hybrid full-service creative agency that operates within a technology-driven environment. The company specializes in digital marketing services, focusing on creative storytelling, content creation, and innovative solutions. By leveraging technology, Future Creative Network aims to enhance brand awareness and drive sales for its clients, ultimately improving their business recognition. The agency's approach combines creativity with technological insights to deliver impactful results that elevate brands in a competitive marketplace.
Moka is a Jakarta-based technology company that specializes in developing a cloud-based point-of-sale application and integrated card reader solutions for small and medium-sized businesses. Founded in 2014, Moka's application enables users to process payments via debit and credit cards while also providing features such as sales reporting across multiple outlets, inventory tracking, customer feedback collection, and analytics. The company offers a range of hardware, including Apple iPads, printers, cash drawers, barcode scanners, and mobile point-of-sale devices, catering to various sectors such as coffee shops, barbershops, retail stores, and restaurants, as well as mobile vendors like food trucks and kiosks. Moka operates on a subscription-based model, charging users a monthly fee that varies according to the number of locations they manage. This approach allows business owners to access real-time sales data stored in the cloud from any location.
Prinzio
Seed Round in 2015
Prinzio is a Jakarta-based company that provides an online platform connecting users with local brick-and-mortar printing businesses in Indonesia. The platform allows users to compare prices from various printing companies, place orders online, and have their printed materials delivered directly to their doors. As a subsidiary of Gogoprint (Thailand) Co., Ltd. since December 2018, Prinzio aims to streamline the commercial printing outsourcing process, making it easier for customers to access and utilize printing services.
Sociolla is an online beauty and personal care shopping platform based in Indonesia, focused on providing a wide range of authentic cosmetics, skincare, haircare, beauty equipment, and perfumes. Established to create a comfortable and reliable shopping experience for women, Sociolla partners exclusively with authorized distributors and brand holders to ensure the authenticity and quality of its products. The platform features an extensive selection of items, including lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and perfumes, all available for home delivery. By prioritizing product quality, Sociolla aims to meet the beauty needs of its customers effectively.
Jiraffe
Angel Round in 2015
Jiraffe Inc., founded in 2014 and based in Tokyo, Japan, is a media business company that specializes in the planning, development, and management of internet services. The company operates platforms that allow customers to compare prices for iPhone repairs and parts replacements, as well as buy and sell smartphones individually. Additionally, Jiraffe offers a flea market trading application focused on items like trading cards, sneakers, and hobbyist collectibles, enabling users to make informed purchasing decisions and trade authentic products.
HipVan is an e-commerce platform based in Singapore that specializes in offering designer furniture, home furnishings, and lifestyle products at discounted prices, often up to 70% off retail. The company collaborates with independent designers and top partners to curate a selection of well-designed items aimed at enhancing everyday living. Through its online store, HipVan allows homeowners and consumers to conveniently browse and purchase stylish, quality furniture from the comfort of their homes, with home delivery services available to facilitate the buying process.
Lemonilo
Seed Round in 2015
PT Lemonilo Indonesia Sehat operates as a retail platform that focuses on promoting healthier lifestyle choices through a diverse range of natural and affordable products. Established in 2016 and based in Jakarta Barat, Indonesia, Lemonilo offers an extensive selection of food products, such as snacks, vegetables, fruits, meat, seafood, baby food, and juices, alongside personal care items like face treatments, body care, dental hygiene products, and essential oils. The company is dedicated to providing products free from over 100 harmful synthetic ingredients and collaborates with small and medium-sized enterprises across Indonesia. Lemonilo aims to support the Indonesian population in leading healthier and more productive lives by making healthy living accessible and affordable through both its online platform and physical retail stores.
PopBox Asia
Seed Round in 2015
PopBox Asia is an independent logistics solution provider specializing in last-mile delivery for the e-commerce sector in Asia. The company offers automated parcel locker services that facilitate the sending, collection, and return of packages. By leveraging proprietary technology and a dedicated logistics platform, PopBox Asia enhances the efficiency of traditional logistics solutions, making it easier for customers to manage their deliveries in strategic locations at affordable prices. This innovative approach aims to meet the growing demands of the e-commerce community, providing a reliable and convenient service for package handling.
Jiraffe
Seed Round in 2015
Jiraffe Inc., founded in 2014 and based in Tokyo, Japan, is a media business company that specializes in the planning, development, and management of internet services. The company operates platforms that allow customers to compare prices for iPhone repairs and parts replacements, as well as buy and sell smartphones individually. Additionally, Jiraffe offers a flea market trading application focused on items like trading cards, sneakers, and hobbyist collectibles, enabling users to make informed purchasing decisions and trade authentic products.
Berry Kitchen
Series A in 2015
Berry kitchen is a Indonesia’s online food catering industry. Berry Kitchen makes lunch boxes and bento meals, typically for office workers. It does the whole thing – it deals with suppliers, makes the food, does the packaging, and then delivers the food to clients.
Ralali is an Indonesian e-commerce company that operates a B2B online marketplace designed to facilitate local trade by connecting suppliers and buyers across various sectors. Established in 2013 and based in Tangerang, Ralali initially focused on Industrial and MRO categories but has since expanded its offerings to include Office supplies, Automotive, Medical, Agriculture, Home & Building, as well as Hotel and Restaurant Equipment. The platform features a comprehensive network of buyers and sellers, along with tools for credit and promotions, which help businesses enhance their reach and increase sales. Ralali aims to streamline the buying and selling process, making it easier, safer, and more transparent for businesses in Indonesia.
Moka is a Jakarta-based technology company that specializes in developing a cloud-based point-of-sale application and integrated card reader solutions for small and medium-sized businesses. Founded in 2014, Moka's application enables users to process payments via debit and credit cards while also providing features such as sales reporting across multiple outlets, inventory tracking, customer feedback collection, and analytics. The company offers a range of hardware, including Apple iPads, printers, cash drawers, barcode scanners, and mobile point-of-sale devices, catering to various sectors such as coffee shops, barbershops, retail stores, and restaurants, as well as mobile vendors like food trucks and kiosks. Moka operates on a subscription-based model, charging users a monthly fee that varies according to the number of locations they manage. This approach allows business owners to access real-time sales data stored in the cloud from any location.
Otten Coffee
Series A in 2015
Otten Coffee is an e-commerce platform based in Medan, Indonesia, dedicated to serving coffee enthusiasts. The company offers a comprehensive range of coffee-related products, including coffee beans, espresso machines, grinders, and various specialized tools for both baristas and casual coffee drinkers. By providing a tech-enabled marketplace, Otten Coffee caters to diverse customer needs, from professional coffee shop operators to individuals seeking to enhance their home brewing experience.
Blisby LTD. is a Bangkok-based company established in 2013 that operates an online marketplace dedicated to handmade crafts. The platform serves as an e-commerce site where artists and craft makers can showcase a diverse array of products, including clothing, stationery, and accessories. Blisby facilitates the sharing of ideas and inventions within the artistic community, enabling users to discover and engage with unique handmade items. Through its marketplace, the company promotes creativity and encourages collaboration among artisans in Thailand.
ShopBack
Seed Round in 2015
ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.
SHOPLINE
Seed Round in 2015
Shopline is an e-commerce company based in Asia that offers a do-it-yourself (DIY) platform for creating online shops. The company's platform is designed to be user-friendly, with a simplistic setup process and native language support, making it accessible to small businesses across the region. Shopline supports regional payment methods and ensures that all shops are fully responsive, adapting seamlessly to various screen sizes for a consistent customer experience on any device. The company aims to empower small businesses in Asia by providing tools that complement their existing business practices, enabling them to succeed in e-commerce. Initially focusing on Chinese-speaking countries, Shopline is positioned to disrupt the rapidly growing e-commerce market in Asia.
Shoppr Labs Sdn Bhd, founded in 2013 and based in Kuala Lumpur, Malaysia, specializes in developing a mobile shopping application. The app focuses on fashion, enabling users to discover clothing items inspired by the outfits of trendsetters and everyday fashion enthusiasts. Shoppr aims to simplify the shopping experience by providing a platform where users can learn how to style their outfits and search for desired clothing items all in one location.
Sociolla
Seed Round in 2015
Sociolla is an online beauty and personal care shopping platform based in Indonesia, focused on providing a wide range of authentic cosmetics, skincare, haircare, beauty equipment, and perfumes. Established to create a comfortable and reliable shopping experience for women, Sociolla partners exclusively with authorized distributors and brand holders to ensure the authenticity and quality of its products. The platform features an extensive selection of items, including lip gloss, serums, lipsticks, eyeshadow palettes, hair oils, face masks, and perfumes, all available for home delivery. By prioritizing product quality, Sociolla aims to meet the beauty needs of its customers effectively.
Moka is a Jakarta-based technology company that specializes in developing a cloud-based point-of-sale application and integrated card reader solutions for small and medium-sized businesses. Founded in 2014, Moka's application enables users to process payments via debit and credit cards while also providing features such as sales reporting across multiple outlets, inventory tracking, customer feedback collection, and analytics. The company offers a range of hardware, including Apple iPads, printers, cash drawers, barcode scanners, and mobile point-of-sale devices, catering to various sectors such as coffee shops, barbershops, retail stores, and restaurants, as well as mobile vendors like food trucks and kiosks. Moka operates on a subscription-based model, charging users a monthly fee that varies according to the number of locations they manage. This approach allows business owners to access real-time sales data stored in the cloud from any location.
Berry Kitchen
Seed Round in 2014
Berry kitchen is a Indonesia’s online food catering industry. Berry Kitchen makes lunch boxes and bento meals, typically for office workers. It does the whole thing – it deals with suppliers, makes the food, does the packaging, and then delivers the food to clients.
Bindo Labs
Seed Round in 2014
Bindo Labs is a software application that provides a comprehensive retail platform designed to assist local stores in transitioning to an online presence. The company's offerings include point-of-sale (POS) solutions, inventory management, customer relationship management (CRM), and staff management tools, all integrated into one cohesive system. Bindo's software facilitates both online and offline transactions, allowing merchants to manage their sales operations seamlessly. It also includes features such as geocoded SKU-level sales analytics, online dashboards, and reward programs to enhance customer engagement. By offering these solutions, Bindo Labs enables businesses to operate more efficiently and effectively in a competitive marketplace.
Ralali is an Indonesian e-commerce company that operates a B2B online marketplace designed to facilitate local trade by connecting suppliers and buyers across various sectors. Established in 2013 and based in Tangerang, Ralali initially focused on Industrial and MRO categories but has since expanded its offerings to include Office supplies, Automotive, Medical, Agriculture, Home & Building, as well as Hotel and Restaurant Equipment. The platform features a comprehensive network of buyers and sellers, along with tools for credit and promotions, which help businesses enhance their reach and increase sales. Ralali aims to streamline the buying and selling process, making it easier, safer, and more transparent for businesses in Indonesia.
Bilna
Private Equity Round in 2014
Bilna operates an online shopping platform specializing in baby and maternal products in Indonesia. It offers a wide range of items such as formula and food, clothing, bath, and skincare products, aiming to provide customers with the best prices, secure payment options, and reliable shipping services.
The Oddle Company Pte Ltd. is an online food ordering platform that supports restaurants by integrating various facets of the takeaway business, including order aggregation, outlet operations, logistics, and customer relationship management. Established in 2014 and headquartered in Singapore, Oddle has expanded its services to the United States, Singapore, Hong Kong, and Vietnam, onboarding over 5,000 restaurants across the APAC region. The platform enables restaurant owners to create their own online stores with direct access to local logistics partners, enhancing the customer experience. Additionally, Oddle connects food lovers through its consumer-facing platform, Oddle Eats, which offers personalized restaurant recommendations and facilitates online deliveries and table reservations. This comprehensive approach helps food makers engage with their customers more effectively while increasing sales opportunities.
RedMart Limited is an online grocery portal based in Singapore, established in 2011. The company specializes in delivering a wide range of products, including fresh produce, meat, seafood, dairy, baked goods, frozen items, beverages, health and beauty products, household necessities, and items for babies and children. Unlike traditional retailers, RedMart functions as a platform that allows manufacturers to engage directly with consumers, bypassing conventional retail channels. This approach provides manufacturers with innovative marketing capabilities and data analytics to enhance their reach. RedMart also offers home delivery services, ensuring that customers receive their groceries and home essentials conveniently at their doorstep. In 2016, RedMart became a subsidiary of Lazada South East Asia Pte. Ltd., further expanding its operational capabilities in the region.
Tokopedia
Series D in 2013
Tokopedia is an Indonesian technology company established in 2019, aimed at democratizing commerce through digital innovation. It operates an online marketplace that allows individuals and businesses to create and manage their online stores without charge. The platform offers a wide range of products, including fashion accessories, beauty and health items, electronics, food, and toys, serving as a comprehensive e-commerce destination for customers. Tokopedia has successfully reached over 99% of districts in Indonesia, empowering more than 10 million merchants and boasting a user base of over 100 million. The company is committed to fostering a Super Ecosystem that facilitates the discovery and initiation of various commerce activities. To support this vision, Tokopedia collaborates with strategic partners across various sectors, including logistics and financial technology, while providing extensive payment options throughout Indonesia. Its contributions have significantly impacted the Indonesian economy, accounting for more than 1% of its growth.
Shopdeca.com
Seed Round in 2013
PT. Shopdeca Global operates an online store based in Jakarta, Indonesia, specializing in a diverse range of products including women's and men's apparel, footwear, accessories, jewelry, home living items, tech gadgets, and travel products. Founded in 2013, the company focuses on curating high-quality, uniquely designed products from both local and international designers. Shopdeca aims to provide customers across Indonesia with an innovative and convenient online shopping experience, catering to those who seek not only quality products but also a distinctive approach to lifestyle shopping. As of 2016, Shopdeca is a subsidiary of migme Limited.
RedMart
Seed Round in 2013
RedMart Limited is an online grocery portal based in Singapore, established in 2011. The company specializes in delivering a wide range of products, including fresh produce, meat, seafood, dairy, baked goods, frozen items, beverages, health and beauty products, household necessities, and items for babies and children. Unlike traditional retailers, RedMart functions as a platform that allows manufacturers to engage directly with consumers, bypassing conventional retail channels. This approach provides manufacturers with innovative marketing capabilities and data analytics to enhance their reach. RedMart also offers home delivery services, ensuring that customers receive their groceries and home essentials conveniently at their doorstep. In 2016, RedMart became a subsidiary of Lazada South East Asia Pte. Ltd., further expanding its operational capabilities in the region.
Bilna operates an online shopping platform specializing in baby and maternal products in Indonesia. It offers a wide range of items such as formula and food, clothing, bath, and skincare products, aiming to provide customers with the best prices, secure payment options, and reliable shipping services.
Berrybenka
Seed Round in 2012
Berrybenka is an Indonesian e-commerce platform based in Jakarta, operating similarly to online department stores. It curates a wide range of local and international fashion brands, offering products like clothing, accessories, shoes, bags, sportswear, and beauty items for both men and women. The company prioritizes customer service, providing benefits such as easy product returns, on-site paid services, and free shipping. Its mission is to offer the latest trends and a seamless shopping experience to its customers.
PriceArea
Seed Round in 2010
PriceArea was taken from two generic words; Price and Area. It uses the word Price + Area because when it comes to shopping, the most important thing that matter, is how much it costs and where to get it. PriceArea.com was developed since November 2009 and will be launched to public on mid July 2010 as the first and the largest shopping search engine in Indonesia and Singapore PriceArea.com is a search engine for local and online stores that connects shoppers with thousands of merchants -- Local & Retail Stores, Online Stores and Online Marketplaces. Our search engine will crawl over our qualified merchants and bring you the most accurate and relevant result -- Side-by-side product and price comparison, Detail product information and reviews, Merchant ratings and reviews and so on! Our aim is to act as an intermediary between online shoppers and retailers by providing complete features such as -- Buying or Selling products or services, Buying Gudes, Local & Online Store Locator, Products Reviews, Merchant Reviews, Wishlist, Advertising platform and many more!