Komunal is an Indonesian financial technology company that operates a Peer-to-Peer Lending platform. It connects potential Small and Medium Enterprises (SMEs) with funders, facilitating direct lending relationships to support economic growth.
Maka Motors
Seed Round in 2023
Maka Motors is an Indonesian company specializing in the manufacture of electric motorcycles. It produces vehicles tailored to local road conditions and driving styles, ensuring reliability and capability for its customers. The company's mission is to provide the best electric motorcycle options for Indonesian riders.
Komunal is an Indonesian financial technology company that operates a Peer-to-Peer Lending platform. It connects potential Small and Medium Enterprises (SMEs) with funders, facilitating direct lending relationships to support economic growth.
Paper.id is a SaaS startup founded in 2016 and based in Indonesia, offering a comprehensive platform for small and midsize enterprises to streamline their invoicing, accounting, and inventory management processes. The company addresses the challenges faced by businesses that still depend on manual operations by providing tools that facilitate digital invoicing, payments, and financial management. Its platform incorporates features such as supply chain analysis and machine learning to enhance workflow efficiency and improve cash flow. Additionally, Paper.id offers integration with digital payment systems and a co-branded business card in collaboration with BRI, enabling entrepreneurs to manage their order-to-pay processes and generate reports with ease.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
Nobi is a cryptocurrency investment platform founded in 2017 and headquartered in Jakarta Barat, Indonesia. The company aims to simplify cryptocurrency ownership and yield generation for users globally. It offers a blockchain asset management application that allows users to safely grow their cryptocurrency investments. The platform provides opportunities for earning yields on popular cryptocurrencies such as Bitcoin and Ethereum, as well as facilitating staking with a variety of altcoins. Nobi's diverse product offerings are designed to enhance the cryptocurrency investment experience for both new and experienced users.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Komunal is an Indonesian financial technology company that operates a Peer-to-Peer Lending platform. It connects potential Small and Medium Enterprises (SMEs) with funders, facilitating direct lending relationships to support economic growth.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
Esensi Solusi Buana
Series A in 2021
Esensi Solusi Buana is the first restaurant technology in Indonesia with the most complete solution under ONE integrated platform.
Onic Esports
Venture Round in 2021
Onic Esports is an esports organization that operates competitive teams across multiple titles, including Mobile Legends: Bang Bang, PUBG Mobile, Valorant, and Free Fire, supporting both online and offline competition. It manages professional players within a structured organization to pursue esports careers and compete in international events. The company was founded in 2018 in Jakarta, Indonesia by Rob Clinton Kardinal.
SIRCLO is an Indonesian e-commerce facilitator assisting businesses to sell online. It offers solutions tailored for entrepreneurs (SIRCLO Store, IbuSibuk) and enterprises (SIRCLO Commerce, ICUBE by SIRCLO, Sooplai, Orami). With over 100,000 brands served and a team of 1,000 employees across Bandung, Yogyakarta, and Surabaya, SIRCLO empowers businesses to grow online.
Wallex Technologies Pte, Ltd. is a Singapore-based company founded in 2015 that specializes in online cash management solutions. It provides a comprehensive platform for businesses, particularly small and medium-sized enterprises and fintech firms in Asia, enabling them to manage foreign exchange and cross-border payments efficiently. Key offerings include virtual accounts for collections and disbursements, a multi-currency wallet, foreign exchange conversions, and an API that allows real-time forex execution. With the ability to transact in 46 currencies, Wallex ensures fast and seamless transactions at competitive exchange rates and fees, helping customers optimize their financial operations. The company also has additional offices in China, Indonesia, and Hong Kong to support its regional presence.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
Hacktiv8
Seed Round in 2020
Hacktiv8 is Indonesia's premier coding bootcamp, transforming beginners into job-ready developers. It pioneers Income Share Agreements (ISAs), allowing students to learn free and pay through a percentage of their future income.
Komunal
Seed Round in 2019
Komunal is an Indonesian financial technology company that operates a Peer-to-Peer Lending platform. It connects potential Small and Medium Enterprises (SMEs) with funders, facilitating direct lending relationships to support economic growth.
Base is an Indonesian direct-to-consumer (DTC) beauty and wellness company that caters to consumers' diverse beauty and wellness needs. Starting with the skincare category, each Base consumer will get a vegan product recommendation through its Smart Skin Test. Fully digitalized and powered by data, Base is currently sold directly from its website and other Omni-channels. Base ships its products nationwide to all of Indonesia’s cities.
Ritase is a technology platform that facilitates connections between shippers and logistics companies for freight transportation in Indonesia. It offers an online-to-offline (O2O) truck freight solution that integrates services for both truckers and shippers, allowing for real-time monitoring of shipments. The platform provides detailed reporting capabilities, enabling clients to receive periodic automatic reports on profits generated from truck delivery services. By linking enterprise resource planning (ERP) systems with various logistics providers, Ritase enhances visibility and efficiency in the logistics process, ensuring that clients can track their shipments in real time.
PT Dekoruma Inovasi Lestari operates an online platform that specializes in selling home furnishings and furniture. Founded in 2015 and based in Jakarta, Indonesia, the company offers a diverse range of products including kitchen and dining room items, decor, bedroom furniture, mattresses, bathroom fixtures, household appliances, and lighting solutions. Dekoruma aims to address inefficiencies in the home and living industry by connecting customers with interior designers, suppliers, and vendors, thereby providing comprehensive solutions for their home decor needs.
Kudo is an Indonesian technology company founded in 2014, based in Tangerang, that focuses on enhancing the e-commerce and payment markets in Indonesia. It develops a platform that integrates offline and online shopping experiences by installing kiosks in various locations such as malls, universities, and convenience stores. These kiosks enable customers to purchase game vouchers, discount vouchers, and cellphone balances without the need for credit cards. Kudo's team comprises skilled professionals with backgrounds in prominent global technology and management consulting firms, contributing to its innovative approach in the sector. In 2017, Kudo was acquired by GP Network Asia Pte. Ltd., further expanding its capabilities and reach in the market.
Laku6
Convertible Note in 2016
Laku6 is an e-commerce platform based in Indonesia that facilitates the buying and selling of second-hand smartphones. The company targets the emerging middle class by making smartphone ownership and upgrades more affordable through its recommerce model. Laku6 offers accurate and up-to-date pricing and device information, helping customers to purchase quality smartphones at competitive prices. By focusing on the resale market for used mobile phones, Laku6 addresses the growing demand for accessible technology among consumers.
Black Garlic
Seed Round in 2016
PT Black Garlic is an Indonesian company that specializes in online meal kit delivery services. Founded in 2015 and based in Jakarta, it offers a variety of fresh ingredients, including meats, vegetables, and seasonings, along with detailed recipe cards featuring step-by-step instructions. The recipes are curated by culinary expert William Wongso, allowing customers to prepare special meals at home with ease. Black Garlic aims to simplify cooking for those who may not have extensive culinary skills, making it accessible for everyone to enjoy high-quality, homemade dishes.
HijUp is an online fashion and lifestyle e-commerce platform specializing in Islamic fashion, particularly for Muslim women. The company offers a diverse range of products including hijabs, clothing, and accessories designed by Indonesian Islamic fashion designers. By acting as an intermediary between designers and global buyers, HijUp enables designers to enhance their profitability while simplifying the shopping experience for customers. The platform features a variety of items such as square hijabs, scarf caps, long dresses, blazers, skirts, and accessories like masks, brooches, socks, and necklaces. HijUp aims to empower Muslim women to express their style while adhering to their cultural values, promoting the idea that they can look fashionable and feel confident in their attire.
Adskom Pte. Ltd. is an advertising technology company based in Singapore, with additional offices in Jakarta, Indonesia, Palo Alto, California, and Noida, India. Founded in 2013, the company specializes in providing digital advertising solutions tailored for the ASEAN market. Adskom develops programmatic advertising platforms designed to meet the inventory optimization needs of publishers, enhance campaign performance for advertisers, and optimize budget spending for ad buyers. The company's mission is to empower the digital advertising industry through effective technology and insightful business services.