Saratoga Investama Sedaya

Saratoga Investama Sedaya is a prominent Indonesian investment firm established in 1997, based in Jakarta. The firm focuses on growth-stage companies and has built a strong reputation through profitable investments across various sectors of the Indonesian economy, including business products, consumer services, materials, resources, and industrials. By targeting dynamic sectors such as ridesharing, Saratoga Investama Sedaya aims to be the preferred partner for both local and foreign investors seeking opportunities in Southeast Asia. The firm is committed to maintaining its status as a leading active investment firm in Indonesia, contributing to the growth and development of the region's economy.

Michael Soeryadjaya

President Director and Board Member

Devin Wirawan

Investment Director and Board Member

Past deals in Indonesia

MGM Bosco Logistics

Acquisition in 2023
MGM Bosco Logistics is a logistics company based in Jakarta, Indonesia, specializing in transportation and cold storage solutions. The firm provides a wide range of services, including the handling and storage of perishable goods such as frozen products, fresh fruits, and beverages. With an extensive fleet of refrigerated trucks, MGM Bosco Logistics ensures the safe and efficient distribution of pharmaceuticals and food items throughout Indonesia’s archipelago. The company has established branches in major cities, including Surabaya, Banjarmasin, and Makassar, to enhance its logistics capabilities and meet the growing demand for reliable cold-chain logistics services.

Sirclo

Series B in 2021
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.

Skystar Capital

Venture Round in 2021
Skystar Capital is a venture capital firm founded in 2014 and based in Jakarta, Indonesia. The firm focuses on supporting early-stage tech entrepreneurs in Southeast Asia, particularly in Indonesia, with the goal of fostering significant and positive changes in the region. Skystar Capital invests in seed-stage and early-stage companies across various sectors, including media, telecommunications, financial services, healthcare, consumer products, hospitality, and education. The firm is known for its strong track record in helping founders scale their businesses by providing strategic support and leveraging its extensive network of expertise in multiple industries.

City Vision

Venture Round in 2021
City Vision is a prominent Out-of-Home (OOH) media company based in Indonesia, founded in 2008. It has established itself as a leader in innovative advertising solutions, focusing on premium roadside digital OOH locations. The company distinguishes itself by investing in comprehensive brand recall and site effectiveness research, which supports advertisers and advertising agencies in crafting effective campaigns. City Vision has also made significant strides in public transportation media, having acquired major commuter line train stations in Jakarta, which facilitate nearly 10 million passenger journeys weekly. By enhancing its assets digitally and providing valuable data insights, City Vision aims to revolutionize how marketers engage with their audiences and maximize the impact of their advertising strategies.

MGM Bosco Logistics

Venture Round in 2016
MGM Bosco Logistics is a logistics company based in Jakarta, Indonesia, specializing in transportation and cold storage solutions. The firm provides a wide range of services, including the handling and storage of perishable goods such as frozen products, fresh fruits, and beverages. With an extensive fleet of refrigerated trucks, MGM Bosco Logistics ensures the safe and efficient distribution of pharmaceuticals and food items throughout Indonesia’s archipelago. The company has established branches in major cities, including Surabaya, Banjarmasin, and Makassar, to enhance its logistics capabilities and meet the growing demand for reliable cold-chain logistics services.
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