Turnkey Lender
Venture Round in 2022
Turnkey Lender provides cloud-based lending automation software for non-bank lenders and microfinance institutions. The platform covers end-to-end lending processes from origination, underwriting, and loan servicing to debt collection and reporting, including risk management, collateral management, and regulatory compliance. It supports a wide range of credit products, including consumer lending, microfinance, payday loans, auto loans, mortgages, SME loans, equipment leasing, telecom lending, POS financing, direct lending, and medical financing. It is a no-code SaaS platform powered by AI that enables innovators in 50+ countries to automate the entire lending process across various sectors.
Gredu is an edtech company based in Jakarta, Indonesia, founded in 2016. It focuses on enhancing the educational experience for teachers, parents, and students through its digital solutions. Gredu offers a range of products, including the Gredu School Management System, Gredu Teacher, Gredu Parent, and Gredu Student. These tools are designed to optimize collaboration among educators, families, and learners, facilitating a more engaged school environment. By streamlining administrative tasks for teachers and providing parents with easier access to information, Gredu aims to create a supportive and collaborative educational ecosystem that guides students according to their individual potential.
Warung Pintar
Series B in 2021
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.
TaniHub is a Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.
Turnkey Lender
Venture Round in 2021
Turnkey Lender provides cloud-based lending automation software for non-bank lenders and microfinance institutions. The platform covers end-to-end lending processes from origination, underwriting, and loan servicing to debt collection and reporting, including risk management, collateral management, and regulatory compliance. It supports a wide range of credit products, including consumer lending, microfinance, payday loans, auto loans, mortgages, SME loans, equipment leasing, telecom lending, POS financing, direct lending, and medical financing. It is a no-code SaaS platform powered by AI that enables innovators in 50+ countries to automate the entire lending process across various sectors.
Founded in 2007, PatSnap is a global leader in innovation intelligence. Its AI-powered platform provides patent, market, and technology insights to over 10,000 customers across 50 countries, supporting them from ideation to commercialization.
TaniHub is a Jakarta-based B2B agriculture marketplace established in 2015 that connects local farmers with businesses in the food service industry, including hotels, restaurants, and catering services. The company provides an e-commerce platform for agricultural products, facilitating market access for farmers and enabling them to sell their crops to various customers, including micro, small, and medium enterprises (MSMEs). By empowering local farmers with enhanced market access and financial opportunities, TaniHub plays a significant role in promoting agricultural sustainability and economic growth in Indonesia.
Gredu is an edtech company based in Jakarta, Indonesia, founded in 2016. It focuses on enhancing the educational experience for teachers, parents, and students through its digital solutions. Gredu offers a range of products, including the Gredu School Management System, Gredu Teacher, Gredu Parent, and Gredu Student. These tools are designed to optimize collaboration among educators, families, and learners, facilitating a more engaged school environment. By streamlining administrative tasks for teachers and providing parents with easier access to information, Gredu aims to create a supportive and collaborative educational ecosystem that guides students according to their individual potential.
Founded in Thailand in 2017, Sunday is the first full-stack InsurTech group adopting data models and technology to offer multiple insurance products and services across the entire customer journey. The company provides auto insurance, health insurance, and travel insurance.
Sunday reinvents the entire insurance offering and experience to ensure that customers' needs are met anytime, anywhere.
RoomMe is a leading virtual kost operator in Greater Jakarta, managing over 2,000 rooms across more than 100 buildings. Established for over two years, the company specializes in unit boarding, operational management, and sales acquisition. RoomMe is pioneering a new living ecosystem, allowing users to refer to their rented spaces as home. Recognizing the trend that 55% of millennials prefer kost living, RoomMe has adapted to meet the evolving housing needs in Indonesia. The company also offers a platform that provides information on rental prices, facilitating the management and marketing of properties for homeowners while promoting co-living lifestyles and flexible stay durations for tenants.
SOCASH Pte Ltd. is a Singapore-based company founded in 2016 that operates a digital platform facilitating cash transactions without the reliance on traditional banking infrastructure such as ATMs or branches. The application allows users to withdraw and deposit cash by placing orders and selecting local merchants or neighborhood shops for fulfillment. This innovative approach not only enhances cash circulation but also provides an opportunity for shop owners to increase their revenue and attract more customers. SOCASH's services extend beyond Singapore, as the company is also operational in Indonesia and Malaysia, contributing to a broader regional cash and digital payment ecosystem.
HappyFresh
Series C in 2019
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its establishment in 2015. The company aims to simplify the grocery shopping experience by providing a platform where customers can order groceries from local stores and have them delivered directly to their doors. With a focus on high-quality service, HappyFresh employs trained personal shoppers who ensure that customers receive fresh and carefully selected products. This approach alleviates the challenges associated with traditional grocery shopping, such as parking, navigating aisles, and carrying heavy bags, allowing customers to save time and enjoy a more convenient shopping experience. HappyFresh has gained recognition as one of Asia's best companies to work for, reflecting its commitment to both customer satisfaction and employee welfare.
Turnkey Lender
Series A in 2019
Turnkey Lender provides cloud-based lending automation software for non-bank lenders and microfinance institutions. The platform covers end-to-end lending processes from origination, underwriting, and loan servicing to debt collection and reporting, including risk management, collateral management, and regulatory compliance. It supports a wide range of credit products, including consumer lending, microfinance, payday loans, auto loans, mortgages, SME loans, equipment leasing, telecom lending, POS financing, direct lending, and medical financing. It is a no-code SaaS platform powered by AI that enables innovators in 50+ countries to automate the entire lending process across various sectors.
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.
Warung Pintar
Series A in 2019
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.
PAYFAZZ
Venture Round in 2018
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
Founded in 2016, Fazz is a Singapore and Indonesia-based company that empowers merchants from small businesses to large corporations across Southeast Asia. It offers Fazz Agen, serving micro and small enterprises, and Fazz Business, providing payment solutions, capital growth opportunities, and funding access.
CloudCherry
Series A in 2018
CloudCherry is the next generation Experience Management platform that is disrupting the way organizations listen to the Voice of Customer. Through CloudCherry’s flexible, customizable, self-serve solution, businesses today can be present at every step of today’s complex customer journeys, and listen to customers through a variety of ways.
Today, leading global organizations deploy and scale their experience management program with CloudCherry quicker than any other solution. The product offers out-of-the-box integrations with existing business applications, delivers predictive, prescriptive insights that enable business leaders to better understand customer needs, and derive tangible business outcomes that can help drive true ROI.
CloudCherry is based out of Salt Lake City, with offices in Singapore, India & Dubai. The company is backed by Vertex Ventures, CISCO Investments & IDG Ventures India, The Chennai Angels & Capillary Technologies.
Warung Pintar
Seed Round in 2018
Warung Pintar is a micro retail technology company in Indonesia that aims to digitalize commerce for underserved communities. It uses data processing and analytics to capture insights from the bottom of the pyramid to support financial inclusion, social security, behavior analysis, and community engagement, with impact monitoring. The company also provides an end-to-end business platform for small retailers, featuring supply chain digitization, integrated applications, financial services, data analytics, and e-commerce tools to help manage inventory and resources more efficiently.
SOCASH Pte Ltd. is a Singapore-based company founded in 2016 that operates a digital platform facilitating cash transactions without the reliance on traditional banking infrastructure such as ATMs or branches. The application allows users to withdraw and deposit cash by placing orders and selecting local merchants or neighborhood shops for fulfillment. This innovative approach not only enhances cash circulation but also provides an opportunity for shop owners to increase their revenue and attract more customers. SOCASH's services extend beyond Singapore, as the company is also operational in Indonesia and Malaysia, contributing to a broader regional cash and digital payment ecosystem.
PAYFAZZ
Convertible Note in 2017
PT Payfazz Teknologi Nusantara is a financial technology company focused on providing an agency-based financial platform designed to serve the unbanked population in Indonesia. The platform facilitates secure digital transactions, including bill payments, loans, money transfers, savings accounts, and investment services, thus enhancing financial accessibility for users without bank accounts. PAYFAZZ collaborates with various partners, including banks and financial institutions, to establish a distributed network of agents that streamline payment processes. With a commitment to security, the company employs advanced security measures such as GeoTrust SSL, User ID, and Password protections. Through its innovative solutions, PAYFAZZ aims to contribute to the digital transformation of Indonesia's financial landscape and improve its position within Southeast Asia.
Turnkey Lender
Series A in 2017
Turnkey Lender provides cloud-based lending automation software for non-bank lenders and microfinance institutions. The platform covers end-to-end lending processes from origination, underwriting, and loan servicing to debt collection and reporting, including risk management, collateral management, and regulatory compliance. It supports a wide range of credit products, including consumer lending, microfinance, payday loans, auto loans, mortgages, SME loans, equipment leasing, telecom lending, POS financing, direct lending, and medical financing. It is a no-code SaaS platform powered by AI that enables innovators in 50+ countries to automate the entire lending process across various sectors.
Validus
Venture Round in 2017
Validus is a Southeast Asian fintech company that leverages data and artificial intelligence to provide growth financing to underserved small and medium enterprises. Headquartered in Singapore, it operates in Indonesia, Vietnam, and Thailand, partnering with corporations to deliver supply‑chain financing solutions that support local SME ecosystems. The firm holds a Capital Markets Services licence from the Monetary Authority of Singapore and its Indonesian subsidiary is registered with the OJK. Backed by prominent venture capital investors, Validus offers a comprehensive suite of financial services—including SME lending, crowd‑lending, business accounts, corporate cards, expense management, money transfers, and foreign remittance—positioning it as a leading all‑in‑one SME financing platform in the region.
Singapore Diamond Investment Exchange
Series B in 2017
Singapore Diamond Investment Exchange (SDiX), based in Singapore, pioneers the world's first commodity exchange for physically settled diamonds. It operates an online platform facilitating electronic trading of diamonds, offering increased liquidity and a genuine price discovery mechanism. Buyers can place bids according to diamond categories, with all traded stones certified directly through the platform.
CloudCherry
Series A in 2016
CloudCherry is the next generation Experience Management platform that is disrupting the way organizations listen to the Voice of Customer. Through CloudCherry’s flexible, customizable, self-serve solution, businesses today can be present at every step of today’s complex customer journeys, and listen to customers through a variety of ways.
Today, leading global organizations deploy and scale their experience management program with CloudCherry quicker than any other solution. The product offers out-of-the-box integrations with existing business applications, delivers predictive, prescriptive insights that enable business leaders to better understand customer needs, and derive tangible business outcomes that can help drive true ROI.
CloudCherry is based out of Salt Lake City, with offices in Singapore, India & Dubai. The company is backed by Vertex Ventures, CISCO Investments & IDG Ventures India, The Chennai Angels & Capillary Technologies.
Customer Analytics Technologies
Series A in 2016
Customer Analytics Technologies Inc. specializes in developing Cloudcherry, a cloud-based customer experience management and feedback software designed for large enterprises and small to medium-sized enterprises (SMEs). The platform aims to enhance customer engagement by mapping the customer journey across various touchpoints. It offers a range of features, including customer delight measurement solutions, omnichannel feedback capabilities, customizable questionnaires, real-time notifications, Net Promoter Score (NPS) measurement, and an analytics dashboard that provides actionable insights. The company serves multiple industries, including banking, financial services, retail, hospitality, healthcare, and education. Founded in 2014, Customer Analytics Technologies Inc. is headquartered in Salt Lake City, Utah, with additional offices in Bengaluru, India; Singapore; and Cyberjaya, Malaysia.
HappyFresh
Series B in 2016
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its establishment in 2015. The company aims to simplify the grocery shopping experience by providing a platform where customers can order groceries from local stores and have them delivered directly to their doors. With a focus on high-quality service, HappyFresh employs trained personal shoppers who ensure that customers receive fresh and carefully selected products. This approach alleviates the challenges associated with traditional grocery shopping, such as parking, navigating aisles, and carrying heavy bags, allowing customers to save time and enjoy a more convenient shopping experience. HappyFresh has gained recognition as one of Asia's best companies to work for, reflecting its commitment to both customer satisfaction and employee welfare.
HappyFresh
Series A in 2015
HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its establishment in 2015. The company aims to simplify the grocery shopping experience by providing a platform where customers can order groceries from local stores and have them delivered directly to their doors. With a focus on high-quality service, HappyFresh employs trained personal shoppers who ensure that customers receive fresh and carefully selected products. This approach alleviates the challenges associated with traditional grocery shopping, such as parking, navigating aisles, and carrying heavy bags, allowing customers to save time and enjoy a more convenient shopping experience. HappyFresh has gained recognition as one of Asia's best companies to work for, reflecting its commitment to both customer satisfaction and employee welfare.
Singapore Diamond Investment Exchange
Series A in 2015
Singapore Diamond Investment Exchange (SDiX), based in Singapore, pioneers the world's first commodity exchange for physically settled diamonds. It operates an online platform facilitating electronic trading of diamonds, offering increased liquidity and a genuine price discovery mechanism. Buyers can place bids according to diamond categories, with all traded stones certified directly through the platform.
The Parentinc
Series A in 2015
Tickled Media Pte. Ltd. is a digital publishing company based in Singapore that operates an online platform dedicated to parenting information. The platform, primarily through its flagship brand theAsianparent.com, provides resources and community support for mothers, covering a wide range of topics including pregnancy, childbirth, child development, family life, and wellness. It aims to create non-judgmental communities where users can share experiences and advice. The company also offers online strategy services, community acquisition plans, and advertising and market research services to enhance its digital presence and user engagement. Tickled Media serves a diverse audience across several countries in Asia and beyond, reaching over 11 million mothers. Founded in 2009, the company has secured venture capital backing from notable investors and continues to expand its influence in the digital parenting space.
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.
Founded in 2007, PatSnap is a global leader in innovation intelligence. Its AI-powered platform provides patent, market, and technology insights to over 10,000 customers across 50 countries, supporting them from ideation to commercialization.
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.
Grab is a Southeast Asia-based mobile platform that integrates ride-hailing, food and grocery delivery, and financial services, connecting drivers, merchants, and customers through a single app. It operates in Singapore, Indonesia, the Philippines, Malaysia, Thailand, Vietnam, and Myanmar, and holds a leading market share in ride-hailing and food delivery, with 89% of revenue derived from these core businesses. The company also offers payments, consumer loans, and enterprise financial services. It charges commissions to both riders and merchants as it links them with consumers. Founded in 2012 by Anthony Tan and Tan Hooi Ling, Grab is headquartered in Singapore and maintains offices in Seattle, Beijing, Bangalore, Jakarta, and Vietnam. In 2024, Singapore, Indonesia, and Malaysia together contributed more than 70% of revenue.
Reebonz Holding
Series C in 2013
Reebonz Holding Limited is a Singapore-based company that operates an online marketplace specializing in the buying and selling of new and pre-owned luxury products across Southeast Asia and the Asia Pacific region. Founded in 2009, Reebonz offers a diverse range of luxury goods, including handbags, small leather goods, accessories, shoes, watches, and jewelry. The platform operates on a membership basis, providing exclusive time-limited sales events to its members, featuring over 100 luxury brands. Reebonz ensures the authenticity of its products and supports interest-free installment payments via selected bank credit cards. The company has established a presence in multiple countries, including Malaysia, Thailand, Indonesia, and Australia, among others, enhancing its reach within the luxury market.
Biolidics
Series B in 2013
Biolidics is a medical technology company that develops cell enrichment systems to support cancer diagnosis, prognosis, treatment selection, and monitoring. Its flagship automated system, ClearCell FX1, separates and enriches cancer cells from blood to enable downstream analyses. The company collaborates with Sysmex and serves academic and clinical customers, including hospitals and laboratories, across Singapore, China, Hong Kong, Japan, the United States, and Europe. Founded in 2009 and based in Singapore, Biolidics focuses on research, development, and marketing of biotechnology and life sciences devices and related services that advance oncology workflows.
Inside Secure
Series D in 2010
Inside Secure, established in 1995 and headquartered in Aix en Provence, France, is a fabless semiconductor company specializing in open-standard contactless payment and near field communication (NFC) solutions. It offers a range of products, including contactless reader interface chips, NFC interface circuits, payment platforms, and memory chips, catering to smart cards, mobile phones, and POS devices. The company also provides professional services such as application development and system integration. Its clients include payment card manufacturers, mobile phone producers, systems integrators, and financial institutions. Additionally, Inside Secure acquired MePIN, a white-label strong authentication platform, expanding its offerings to include secure online identity and payment services.
Inside Secure
Series C in 2008
Inside Secure, established in 1995 and headquartered in Aix en Provence, France, is a fabless semiconductor company specializing in open-standard contactless payment and near field communication (NFC) solutions. It offers a range of products, including contactless reader interface chips, NFC interface circuits, payment platforms, and memory chips, catering to smart cards, mobile phones, and POS devices. The company also provides professional services such as application development and system integration. Its clients include payment card manufacturers, mobile phone producers, systems integrators, and financial institutions. Additionally, Inside Secure acquired MePIN, a white-label strong authentication platform, expanding its offerings to include secure online identity and payment services.
Inside Secure
Series B in 2007
Inside Secure, established in 1995 and headquartered in Aix en Provence, France, is a fabless semiconductor company specializing in open-standard contactless payment and near field communication (NFC) solutions. It offers a range of products, including contactless reader interface chips, NFC interface circuits, payment platforms, and memory chips, catering to smart cards, mobile phones, and POS devices. The company also provides professional services such as application development and system integration. Its clients include payment card manufacturers, mobile phone producers, systems integrators, and financial institutions. Additionally, Inside Secure acquired MePIN, a white-label strong authentication platform, expanding its offerings to include secure online identity and payment services.
CyberArk Software
Venture Round in 2007
CyberArk Software is a cybersecurity company specializing in identity and privileged access security. Founded in 1999 by Udi Mokady and headquartered in Newton, Massachusetts, it serves customers in more than 65 countries through offices in the United States, Europe, the Middle East, and Asia. The company focuses on privileged access management, offering market-leading solutions that protect high-value information assets, infrastructure, and applications by preventing threat escalation. It counts a substantial portion of Fortune 500 companies among its customers and has approximately 9,000 clients across industries. In recent years, CyberArk has moved from traditional on-premises licenses to a subscription, recurring-revenue model, aligning with broader shifts in the cybersecurity market toward ongoing service delivery.
Inside Secure
Series A in 2005
Inside Secure, established in 1995 and headquartered in Aix en Provence, France, is a fabless semiconductor company specializing in open-standard contactless payment and near field communication (NFC) solutions. It offers a range of products, including contactless reader interface chips, NFC interface circuits, payment platforms, and memory chips, catering to smart cards, mobile phones, and POS devices. The company also provides professional services such as application development and system integration. Its clients include payment card manufacturers, mobile phone producers, systems integrators, and financial institutions. Additionally, Inside Secure acquired MePIN, a white-label strong authentication platform, expanding its offerings to include secure online identity and payment services.
CyberArk Software
Series B in 2005
CyberArk Software is a cybersecurity company specializing in identity and privileged access security. Founded in 1999 by Udi Mokady and headquartered in Newton, Massachusetts, it serves customers in more than 65 countries through offices in the United States, Europe, the Middle East, and Asia. The company focuses on privileged access management, offering market-leading solutions that protect high-value information assets, infrastructure, and applications by preventing threat escalation. It counts a substantial portion of Fortune 500 companies among its customers and has approximately 9,000 clients across industries. In recent years, CyberArk has moved from traditional on-premises licenses to a subscription, recurring-revenue model, aligning with broader shifts in the cybersecurity market toward ongoing service delivery.
CyberArk Software
Series B in 2002
CyberArk Software is a cybersecurity company specializing in identity and privileged access security. Founded in 1999 by Udi Mokady and headquartered in Newton, Massachusetts, it serves customers in more than 65 countries through offices in the United States, Europe, the Middle East, and Asia. The company focuses on privileged access management, offering market-leading solutions that protect high-value information assets, infrastructure, and applications by preventing threat escalation. It counts a substantial portion of Fortune 500 companies among its customers and has approximately 9,000 clients across industries. In recent years, CyberArk has moved from traditional on-premises licenses to a subscription, recurring-revenue model, aligning with broader shifts in the cybersecurity market toward ongoing service delivery.