Tracxn - Indonesia Tech - Top Business Models - Mar 2021

TRACXN TOP BUSINESS MODELS REPORT
March 22, 2021
INDONESIA TECH

Indonesia Tech - Top Business Models Report Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Contents
IndonesiaIndonesia Tech Funding -
Overview
3
Top Funded Business Models 4
One pagers 8
Appendix 43
2

Indonesia Tech - Funding in last 1 year
3
Horizontal E-Commerce $1.1B
Logistics Tech $581M
Online Travel $262M
Beauty Tech $58.0M
Nephrology $55.0M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
East Ventures
Alpha JWC Ventures
Surge
3
3
3
Early
Stage
ACVentures
Alpha JWC Ventures
Insignia Ventures Partners
7
6
6
Late
Stage
Temasek
Google
Golden Gate Ventures
3
2
2
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Tokopedia
(2009, Jakarta)
$500M - Series H
Tokopedia
(2009, Jakarta)
$350M - Series H
Traveloka
(2012, Jakarta)
$250M - Series D
Bukalapak
(2010, Jakarta)
$200M - Series G
SiCepat
(2014, Jakarta)
$170M - Series B
Gojek
(2010, Jakarta)
$150M - Series G
SiCepat
(2014, Jakarta)
$100M - Series B
Bukalapak
(2010, Jakarta)
$100M - Series G
Kredivo
(2015, Jakarta)
$100M -
Convertible Debt
LinkAja
(2019, Jakarta)
$100M - Series B
Waresix
(2017, Jakarta)
$100M - Series B
Xendit
(2014, Jakarta)
$64.6M - Series B
Jakarta (98%)
Tangerang (1%)
Bandung (0%)
Kebayoran Baru (0%)
(0%)
(0%)

Copyright © 2021, Tracxn Technologies Private Limited. All rights reserved.
Indonesia Tech - Top Business Models Report
Indonesia Tech - Top Funded Business Models - last 1 year (1/4)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Online Horizontal Marketplace $1.1B 4 Tokopedia | $500M | Series H Link
2▲1 Online Travel Agencies $250M 1 Traveloka | $250M | Series D Link
3▼1 Bike Taxi $151M 4 Gojek | $150M | Series G Link
4▼3 Digital Wallets $151M 6 Gojek | $150M | Series G Link
5▲4 On Demand Warehousing Marketplaces $102M 2 Waresix | $100M | Series B Link
6▲2 Online Beauty Retailer $58.0M 1 Sociolla | $58.0M | Series E Link
7-- Nephrology > Drugs $55.0M 1 KGbio | $55.0M | Series C Link
8▲16 Long Haul Trucking Marketplace $37.0M 3 Kargo | $31.0M | Series A Link
9-- Mutual Funds Investment Platforms $33.5M 2 Bibit | $30.0M | Series B Link
10--
B2B E-Commerce > Food & Beverages > Groceries >
Farm Products > Listing Platform
$30.5M 2 Ula | $20.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5
11▼4 Horizontal B2B Marketplaces $25.4M 1 GudangAda | $25.4M | Series A Link
12--
Investment Tech > Online Trading Platforms >
Stocks > Regular Trading > Brokers
$25.0M 1 Ajaib | $25.0M | Series A Link
13▲2
Alternative Lending > Online Lenders > Business
Loans > Diversified > Marketplace > P2P
$24.0M 3 Investree | $23.5M | Series C Link
14▲26
Islamic FinTech > Alternative Lending > Lead
Generation Platforms > Business Loans
$20.0M 1 Alami Sharia | $20.0M | Series A Link
15▲1 Internet First P2P Lender $20.0M 1 KoinWorks | $20.0M | Series C Link
16--
Finance & Accounting Tech > Accounting Solutions >
Record to Report > Bookkeeping > Small Bus..
$19.0M 3 BukuKas | $10.0M | Series A Link
17▲1 B2B Farm Produce Marketplace $17.0M 1 TaniHub | $17.0M | Series A Link
18▲1
Online Grocery > B2B Ecommerce > Farm Produce >
Multi-Category > Marketplace
$17.0M 1 TaniHub | $17.0M | Series A Link
19▲2
Crop Tech > ECommerce > Farm Produce > B2B >
Fruits and Vegetables > Marketplace
$17.0M 1 TaniHub | $17.0M | Series A Link
20▲6
Food Tech > Catering > Internet First Caterer >
Office Focused
$12.0M 1 Yummy Corp | $12.0M | Series B Link

6
21--
Licensed Merchandise E-Commerce > Sports >
Apparel
$12.0M 1 EVOS | $12.0M | Series B Link
22--
Online Travel > Accommodation > Hotel > Tech First
Hotels
$11.5M 1 Bobobox | $11.5M | Series A Link
23-- Online Retailer of Home Improvement Products $9.0M 2 Fabelio | $9.0M | Series C Link
24-- Online Financial Planner and Advisors $7.7M 1 FUNDtastic | $7.7M | Series A Link
25--
Aquaculture Tech > ECommerce > Farm Produce >
B2C > Fish > Marketplace
$5.5M 1 Aruna | $5.5M | Series A Link
26▲13 Blue Collar Job Boards $5.0M 1 Sampingan | $5.0M | Series A Link
27--
Alternative Lending > Online Lenders > Consumer
Loans > Education Financing > Loans > Direct ..
$5.0M 1 Dana Cita | $5.0M | Series A Link
28▲9 Sales Force Automation > Field Sales Software $2.8M 1 Advotics | $2.8M | Seed Link
29-- Automobile Garage Aggregator $2.0M 1 Otoklix | $2.0M | Seed Link
30-- Plant Based Meat Substitutes $2.0M 1 Green Butcher | $2.0M | Seed Link

7
31--
Local Services > Auto Services > Auto Repair >
Marketplace > Garage Aggregator
$2.0M 1 Otoklix | $2.0M | Seed Link
32-- Industrial Big Data Analytics $1.6M 1 delman.io | $1.6M | Seed Link
33-- Referral Marketing Platform $1.0M 1 TADA | $1.0M | Series B Link
34▲7
Residential Real Estate Tech > Home Rentals >
Marketplace
$1.0M 1 Jendela360 | $1.0M | Seed Link
35--
Healthcare Booking Platforms > Pharmacies > Drugs
> Mens Health
$150K 1 Newman’s | $150K | Seed Link

Recent Funding Rounds
Online Horizontal Marketplace -
Indonesia
01
8
Back to index
Horizontal E-Commerce (Bukalapak)
(# Cos: 112 | $4.4B)
Marketplace (Tokopedia)
(# Cos: 58 | $3.8B)
Taxonomy
$ Invested in last 1 year in Indonesia
Tech
Key Stats
# Funding Rounds in last 1 year in
Indonesia Tech
$1.1B ( -- )
4( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$3.8B
10
-
58
2
Tokopedia
(2009, Jakarta, $3.3B)
Bukalapak
(2010, Jakarta, $350M)
Blibli.com
(2011, Jakarta)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tokopedia (2009, Jakarta)
$500M - Series H - Jun 2020
Tokopedia (2009, Jakarta)
$350M - Series H - Oct 2020
Bukalapak (2010, Jakarta)
$200M - Series G - Jan 2021
Bukalapak (2010, Jakarta)
$100M - Series G - Nov 2020

Traveloka (2012, Jakarta)
$250M - Series D - Jul 2020
Online Travel Agencies - Indonesia
02
9
Back to index
Online Travel (Travelio)
(# Cos: 277 | $1.1B)
Horizontal (Tiket.com)
(# Cos: 51 | $1.0B)
Online Agency (Traveloka)
(# Cos: 42 | $1.0B)
Taxonomy
Tech
Key Stats
Indonesia Tech
$250M (▼40.5%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$1.0B
3
-
42
1
Traveloka
(2012, Jakarta, $1.0B)
Tiket.com
(2011, Jakarta, $1.0M)
PegiPegi
(2012, Jakarta)

Gojek (2010, Jakarta)
$947K - Series F - Apr 2020
Undisclosed - Series F - Jun 2020
Bike Taxi - Indonesia
03
10
Back to index
Road Transport Tech (Bustiket)
(# Cos: 137 | $4.6B)
Ride Hailing (Teknojek)
(# Cos: 54 | $4.6B)
Motorized Two-Wheelers (Gojek)
(# Cos: 27 | $4.6B)
Taxonomy
Tech
Key Stats
Indonesia Tech
$151M (▼87.9%)
4( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.6B
3
-
27
1
Gojek
(2010, Jakarta, $4.6B)
Teknojek
(2015, Tangerang)
Bonceng
(2018, Jakarta)

LinkAja (2019, Jakarta)
$100M - Series B - Nov 2020
$947K - Series F - Apr 2020
LinkAja (2019, Jakarta)
Undisclosed - Series B - Dec 2020
Digital Wallets - Indonesia
04
11
Back to index
Payments (Moka)
(# Cos: 229 | $4.9B)
Consumer Payments (OVO)
(# Cos: 121 | $4.7B)
Wallets (Gojek)
(# Cos: 49 | $4.7B)
Taxonomy
Tech
Key Stats
Indonesia Tech
$151M (▼88%)
6(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
4
$4.7B
10
-
49
5
Gojek
(2010, Jakarta, $4.6B)
OVO
(2015, Jakarta)
LinkAja
(2019, Jakarta, $100M)

On Demand Warehousing Marketplaces
- Indonesia
05
12
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$102M (▲300%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$129M
1
-
3
1
Logistics Tech (Gojek)
(# Cos: 147 | $5.1B)
Warehousing (Izzy Storage)
(# Cos: 10 | $131M)
On Demand Warehousing (Crewdible)
(# Cos: 4 | $131M)
Marketplace (Waresix)
(# Cos: 3 | $129M)
Waresix
(2017, Jakarta, $129M)
Izzy Storage
(2016, Tangerang)
AdaGudang
(2018, Surabaya)
Waresix (2017, Jakarta)
$100M - Series B - Sep 2020
Waresix (2017, Jakarta)
$1.9M - Series B - Feb 2021

Online Beauty Retailer - Indonesia
06
13
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$58.0M (▲45%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$110M
3
-
22
1
Beauty Tech (Female Daily)
(# Cos: 77 | $111M)
Ecommerce (Everwhite)
(# Cos: 59 | $110M)
Multi Category (ElshéSkin)
(# Cos: 28 | $110M)
Full Range (Makeupuccino)
(# Cos: 26 | $110M)
Retail (Sociolla)
(# Cos: 22 | $110M)
Sociolla
(2014, Jakarta, $110M)
Makeupuccino
(2013, Bandung)
Lolabox
(2013, Jakarta)
Sociolla (2014, Jakarta)
$58.0M - Series E - Jul 2020

Nephrology > Drugs - Indonesia
07
14
Back to index
Drugs (KGbio)
(# Cos: 1 | $55.0M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$55.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$55.0M
1
-
1
1
KGbio
(2016, Jakarta, $55.0M)
KGbio (2016, Jakarta)
$55.0M - Series C - Jan 2021

Long Haul Trucking Marketplace -
Indonesia
08
15
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$37.0M (▲335%)
3(▲50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$58.5M
4
-
7
3
Logistics Tech (Gojek)
(# Cos: 147 | $5.1B)
Freight (Trukita)
(# Cos: 44 | $58.5M)
Trucking (Logisly)
(# Cos: 29 | $58.5M)
Heavy Cargo (Ritase.com)
(# Cos: 7 | $58.5M)
Marketplace (Kargo)
(# Cos: 7 | $58.5M)
Kargo
(2018, Jakarta, $38.6M)
Ritase.com
(2018, Jakarta, $12.9M)
Logisly
(2018, Jakarta, $7.0M)
Kargo (2018, Jakarta)
$31.0M - Series A - Apr 2020
Logisly (2018, Jakarta)
$6.0M - Series A - Nov 2020
Kargo (2018, Jakarta)
Undisclosed - Seed - Mar 2020

Mutual Funds Investment Platforms -
Indonesia
09
16
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$33.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
3
$48.5M
2
-
6
0
Investment Tech (Pluang)
(# Cos: 118 | $110M)
Online Trading Platforms (Stockbit)
(# Cos: 50 | $75.9M)
Public Market Funds (Bareksa)
(# Cos: 6 | $48.5M)
Mutual Funds (Bibit)
(# Cos: 6 | $48.5M)
Bibit
(2016, Jakarta, $45.0M)
Bareksa
(2013, Jakarta, $3.5M)
INVISEE
(2015, Jakarta)
Bibit (2016, Jakarta)
$30.0M - Series B - Jan 2021
Bareksa (2013, Jakarta)
$3.5M - Series A - Dec 2020

B2B E-Commerce > Food & Beverages > Groceries > Farm
Products > Listing Platform - Indonesia
10
17
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$30.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$30.5M
1
-
1
1
B2B E-Commerce (Ralali.com)
(# Cos: 70 | $246M)
Food & Beverages (Stoqo)
(# Cos: 14 | $59.6M)
Groceries (IDMarco)
(# Cos: 11 | $59.6M)
Farm Products (TaniHub)
(# Cos: 7 | $59.5M)
Listing Platform (Ula)
(# Cos: 1 | $30.5M)
Ula
(2019, Jakarta, $30.5M)
Ula (2019, Jakarta)
$20.0M - Series A - Jan 2021
Ula (2019, Jakarta)
$10.5M - Seed - Jun 2020

GudangAda (2018, Tangerang)
$25.4M - Series A - May 2020
Horizontal B2B Marketplaces - Indonesia
11
18
Back to index
B2B E-Commerce (TaniHub)
(# Cos: 70 | $246M)
Horizontal (Mbiz)
(# Cos: 19 | $152M)
Marketplace (Ralali.com)
(# Cos: 9 | $151M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$25.4M (▼41.6%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$151M
5
-
9
2
Ralali.com
(2015, Jakarta, $22.5M)
Mbiz
(2015, Jakarta, $92.0M)
GudangAda
(2018, Tangerang, $36.0M)

Investment Tech > Online Trading Platforms > Stocks >
Regular Trading > Brokers - Indonesia
12
19
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$25.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$27.2M
2
2
11
1
Investment Tech (Pluang)
(# Cos: 118 | $110M)
Online Trading Platforms (Bibit)
(# Cos: 50 | $75.9M)
Stocks (Stockbit)
(# Cos: 23 | $27.4M)
Regular Trading (Trimegah Securities)
(# Cos: 21 | $27.2M)
Brokers (Ajaib)
(# Cos: 11 | $27.2M)
Ajaib
(2018, Jakarta, $27.2M)
Trimegah Securities
(1990, Jakarta)
MNC Sekuritas
(1989, Jakarta)
Ajaib (2018, Jakarta)
$25.0M - Series A - Jan 2021

Alternative Lending > Online Lenders > Business Loans >
Diversified > Marketplace > P2P - Indonesia
13
20
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$24.0M (▲53.7%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$39.6M
5
-
11
3
Alternative Lending (Akulaku)
(# Cos: 134 | $740M)
Online Lenders (Kredivo)
(# Cos: 115 | $601M)
Business Loans (Modalku)
(# Cos: 32 | $77.2M)
Diversified (Digiasia)
(# Cos: 13 | $39.6M)
Marketplace (Acceleration)
(# Cos: 12 | $39.6M)
P2P (Investree)
(# Cos: 11 | $39.6M)
Investree
(2015, Jakarta, $23.5M)
Acceleration
(2016, Jakarta, $8.6M)
Digiasia
(2017, Jakarta, $7.0M)
Investree (2015, Jakarta)
$23.5M - Series C - Apr 2020
Indofund.id (2018, Jakarta)
$485K - Seed - Sep 2020
PinjamWinwin (2014, Surabaya)
Undisclosed - Seed - Jan 2021

Alami Sharia (2017, Jakarta)
$20.0M - Series A - Jan 2021
Islamic FinTech > Alternative Lending > Lead Generation
Platforms > Business Loans - Indonesia
14
21
Back to index
Islamic FinTech (iGrow)
(# Cos: 23 | $45.1M)
Alternative Lending (Investree)
(# Cos: 10 | $45.0M)
Business Loans (Alami Sharia)
(# Cos: 1 | $21.5M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$20.0M (▲1233%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$21.5M
1
-
1
1
Alami Sharia
(2017, Jakarta, $21.5M)

Internet First P2P Lender - Indonesia
15
22
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$20.0M (▲46.6%)
1(▼66.7%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$50.1M
2
-
9
1
Alternative Lending (Akulaku)
(# Cos: 134 | $740M)
Online Lenders (Kredivo)
(# Cos: 115 | $601M)
Diversified (UangTeman)
(# Cos: 15 | $77.1M)
Marketplace (Komunal)
(# Cos: 11 | $55.1M)
P2P (KoinWorks)
(# Cos: 9 | $50.1M)
KoinWorks
(2015, Jakarta, $50.1M)
Komunal
(2018, Surabaya)
Asetku
(2013, Jakarta)
KoinWorks (2015, Jakarta)
$20.0M - Series C - Apr 2020

Finance & Accounting Tech > Accounting Solutions > Record
to Report > Bookkeeping > Small Businesses - Indonesia
16
23
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$19.0M ( -- )
3( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$22.0M
1
-
2
1
Finance & Accounting Tech (Sleekr)
(# Cos: 77 | $72.0M)
Accounting Solutions (Jurnal)
(# Cos: 63 | $72.0M)
Record to Report (OnlinePajak)
(# Cos: 9 | $47.0M)
Bookkeeping (Akun.biz)
(# Cos: 5 | $22.0M)
Small Businesses (BukuKas)
(# Cos: 2 | $22.0M)
BukuKas
(2019, Jakarta, $22.0M)
Nusafin
(2017, Jakarta)
BukuKas (2019, Jakarta)
$10.0M - Series A - Jan 2021
$9.0M - Seed - Aug 2020
Undisclosed - Seed - Apr 2020

B2B Farm Produce Marketplace -
Indonesia
17
24
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$17.0M (▲70%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$29.0M
3
-
6
1
B2B E-Commerce (Ralali.com)
(# Cos: 70 | $246M)
Food & Beverages (Stoqo)
(# Cos: 14 | $59.6M)
Groceries (IDMarco)
(# Cos: 11 | $59.6M)
Farm Products (Ula)
(# Cos: 7 | $59.5M)
Marketplace (TaniHub)
(# Cos: 6 | $29.0M)
TaniHub
(2015, Jakarta, $29.0M)
PanenID
(2016, Denpasar)
Pasar Laut
TaniHub (2015, Jakarta)
$17.0M - Series A - Apr 2020

Online Grocery > B2B Ecommerce > Farm Produce > Multi-
Category > Marketplace - Indonesia
18
25
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$17.0M (▲70%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$29.0M
1
-
3
1
Online Grocery (Lemonilo)
(# Cos: 96 | $53.7M)
B2B Ecommerce (KlikDaily)
(# Cos: 11 | $29.0M)
Farm Produce (PanenID)
(# Cos: 7 | $29.0M)
Multi-Category (Sikumis)
(# Cos: 4 | $29.0M)
(# Cos: 3 | $29.0M)
TaniHub
(2015, Jakarta, $29.0M)
Sikumis
(2014, Jakarta)
Sipanen
(2016, Yogyakarta)
$17.0M - Series A - Apr 2020

Crop Tech > ECommerce > Farm Produce > B2B > Fruits and
Vegetables > Marketplace - Indonesia
19
26
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$17.0M (▲70%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
1
$29.0M
2
-
8
1
Crop Tech (iGrow)
(# Cos: 80 | $40.3M)
ECommerce (Limakilo)
(# Cos: 29 | $39.0M)
Farm Produce (Chilibeli)
(# Cos: 21 | $39.0M)
B2B (PanenID)
(# Cos: 11 | $29.0M)
Fruits and Vegetables (Brambang)
(# Cos: 9 | $29.0M)
(# Cos: 8 | $29.0M)
TaniHub
(2015, Jakarta, $29.0M)
Brambang
(2016, Jakarta)
PanenID
(2016, Denpasar)
$17.0M - Series A - Apr 2020

Yummy Corp (2017, Jakarta)
$12.0M - Series B - Sep 2020
Food Tech > Catering > Internet First Caterer >
Office Focused - Indonesia
20
27
Back to index
Food Tech (Fore Coffee)
(# Cos: 111 | $69.1M)
Catering (Redkendi)
(# Cos: 7 | $19.8M)
Office Focused (Yummy Corp)
(# Cos: 1 | $19.8M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$12.0M (▲54.8%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$19.8M
1
-
1
1
Yummy Corp
(2017, Jakarta, $19.8M)

Licensed Merchandise E-Commerce > Sports >
Apparel - Indonesia
21
28
Back to index
Licensed Merchandise E-Commerce (Demajors)
(# Cos: 2 | $12.0M)
Apparel (EVOS)
(# Cos: 1 | $12.0M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$12.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$12.0M
1
-
1
1
EVOS
(2016, Jakarta, $12.0M)
EVOS (2016, Jakarta)
$12.0M - Series B - Oct 2020

Online Travel > Accommodation > Hotel > Tech
First Hotels - Indonesia
22
29
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$11.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$11.5M
1
-
2
1
Online Travel (Traveloka)
(# Cos: 277 | $1.1B)
Accommodation (Travelio)
(# Cos: 42 | $36.5M)
Hotel (Airy Rooms)
(# Cos: 25 | $12.5M)
Tech First Hotels (Bobobox)
(# Cos: 2 | $11.5M)
Bobobox
(2018, Bandung, $11.5M)
CapSleep
(2019, Bandung)
Bobobox (2018, Bandung)
$11.5M - Series A - May 2020

Online Retailer of Home Improvement
Products - Indonesia
23
30
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$9.0M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$20.0M
3
-
11
1
Home Improvements (Livaza)
(# Cos: 43 | $20.0M)
B2C Commerce (Otten Coffee)
(# Cos: 33 | $20.0M)
Horizontal (Dekoruma)
(# Cos: 14 | $20.0M)
Retailer (Fabelio)
(# Cos: 11 | $20.0M)
Fabelio
(2015, Jakarta, $20.0M)
Dekoruma
(2015, Jakarta)
Livaza
(2014, Jakarta)
Fabelio (2015, Jakarta)
$9.0M - Series C - Jun 2020
Dekoruma (2015, Jakarta)
Undisclosed - Series B - May 2020

FUNDtastic (2018, Jakarta)
$7.7M - Series A - Jan 2021
Online Financial Planner and Advisors -
Indonesia
24
31
Back to index
Investment Tech (Bibit)
(# Cos: 118 | $110M)
Wealth Management Platforms (Mapan)
(# Cos: 29 | $7.7M)
Financial Planners and Advisors
(HaloFina)
(# Cos: 7 | $7.7M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$7.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.7M
4
-
7
1
HaloFina
(2017, Bandung)
FUNDtastic
(2018, Jakarta, $7.7M)
Finansialku
(2013, Bandung)

Aquaculture Tech > ECommerce > Farm Produce > B2C > Fish
> Marketplace - Indonesia
25
32
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$5.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.5M
2
-
2
1
Aquaculture Tech (eFishery)
(# Cos: 11 | $9.5M)
Farm Produce (Ekosis)
(# Cos: 3 | $5.5M)
Fish (Kolamkita)
(# Cos: 2 | $5.5M)
Marketplace (Aruna)
(# Cos: 2 | $5.5M)
Aruna
(2016, Jakarta, $5.5M)
Kolamkita
(2018, Yogyakarta)
Aruna (2016, Jakarta)
$5.5M - Series A - Aug 2020

Sampingan (2018, Jakarta)
$5.0M - Series A - Jan 2021
Blue Collar Job Boards - Indonesia
26
33
Back to index
HRTech (Talenta.co)
(# Cos: 227 | $25.2M)
Job Board (TopKarir)
(# Cos: 84 | $7.1M)
Blue Collar (Sampingan)
(# Cos: 5 | $7.1M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$5.0M (▲233%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.1M
2
-
5
1
Sampingan
(2018, Jakarta, $7.1M)
TEMU
(2015, Jakarta)
CariPekerja.com
(2016, Jakarta)

Alternative Lending > Online Lenders > Consumer Loans >
Education Financing > Loans > Direct Lender - Indonesia
27
34
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$5.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.0M
2
-
2
1
Alternative Lending (KoinWorks)
(# Cos: 134 | $740M)
Online Lenders (Akulaku)
(# Cos: 115 | $601M)
Consumer Loans (Kredivo)
(# Cos: 63 | $446M)
Loans (GoKampus)
(# Cos: 2 | $5.0M)
Direct Lender (Dana Cita)
(# Cos: 2 | $5.0M)
Dana Cita
(2017, Jakarta, $5.0M)
GoKampus
(2018, Jakarta)
Dana Cita (2017, Jakarta)
$5.0M - Series A - Feb 2021

Sales Force Automation > Field Sales
Software - Indonesia
28
35
Back to index
Sales Force Automation (Qontak)
(# Cos: 23 | $5.5M)
Field Sales Software (Advotics)
(# Cos: 3 | $5.5M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$2.8M (▲1.9%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.5M
1
-
3
1
Advotics
(2016, Jakarta, $5.5M)
Bisfor
(2017, Jakarta)
Trivio
(2017, Jakarta)
Advotics (2016, Jakarta)
$2.8M - Seed - Mar 2021

Automobile Garage Aggregator -
Indonesia
29
36
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$2.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.0M
1
-
4
0
Auto E-Commerce & Content (Carmudi Indonesia)
(# Cos: 70 | $86.9M)
Aftermarket Service (Montirin)
(# Cos: 10 | $2.0M)
Repair (Bengkel Mobil)
(# Cos: 6 | $2.0M)
Garage Aggregator (Otoklix)
(# Cos: 4 | $2.0M)
Otoklix
(2019, Jakarta, $2.0M)
Hepicar
(2017, Yogyakarta)
Rumah Bengkel
(2014, Jakarta)
Otoklix (2019, Jakarta)
$2.0M - Seed - Nov 2020

Plant Based Meat Substitutes -
Indonesia
30
37
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$2.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.0M
1
-
1
0
Food Tech (Fore Coffee)
(# Cos: 111 | $69.1M)
Novel Foods (Dama)
(# Cos: 3 | $2.0M)
Food Products (Colby's Farm)
(# Cos: 3 | $2.0M)
Plant Based (Green Butcher)
(# Cos: 1 | $2.0M)
Green Butcher
(2020, Jakarta, $2.0M)
Green Butcher (2020, Jakarta)
$2.0M - Seed - Feb 2021

Local Services > Auto Services > Auto Repair > Marketplace >
Garage Aggregator - Indonesia
31
38
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$2.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.0M
1
-
3
0
Local Services (SweetEscape)
(# Cos: 156 | $12.3M)
Auto Services (Montirin)
(# Cos: 14 | $2.0M)
Auto Repair (Montir)
(# Cos: 9 | $2.0M)
Marketplace (Bengkel Mobil)
(# Cos: 6 | $2.0M)
Garage Aggregator (Otoklix)
(# Cos: 3 | $2.0M)
Otoklix
(2019, Jakarta, $2.0M)
Hepicar
(2017, Yogyakarta)
Gantioli
(2016, Yogyakarta)
Otoklix (2019, Jakarta)
$2.0M - Seed - Nov 2020

delman.io (2018, Jakarta)
$1.6M - Seed - May 2020
Industrial Big Data Analytics - Indonesia
32
39
Back to index
Big Data Analytics (Nodeflux)
(# Cos: 15 | $1.6M)
Suite (Fusionex GIANT)
(# Cos: 3 | $1.6M)
End to End Analytics Platform
(delman.io)
(# Cos: 3 | $1.6M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$1.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.6M
1
-
3
0
delman.io
(2018, Jakarta, $1.6M)
Fusionex GIANT
(2015, Jakarta)
Pintar.ai
(2018, Jakarta)

TADA (2012, Jakarta)
$1.0M - Series B - Jun 2020
Referral Marketing Platform - Indonesia
33
40
Back to index
Loyalty Software (OVO)
(# Cos: 25 | $25.4M)
Engagement Based Rewards (Snapcart)
(# Cos: 5 | $25.4M)
Referral Based Rewards (TADA)
(# Cos: 2 | $7.8M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$1.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.8M
1
-
2
1
TADA
(2012, Jakarta, $7.8M)
CAULY GC
(2016, Jakarta)

Jendela360 (2016, Jakarta)
$1.0M - Seed - Jun 2020
Residential Real Estate Tech > Home Rentals >
Marketplace - Indonesia
34
41
Back to index
Residential Real Estate Tech (CoHive)
(# Cos: 58 | $63.1M)
Home Rentals (Travelio)
(# Cos: 9 | $26.1M)
Marketplace (Mamikos)
(# Cos: 7 | $2.1M)
Taxonomy
Tech
Key Stats
Indonesia Tech
$1.0M (▼9.1%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.1M
6
-
7
0
Mamikos
(2015, Yogyakarta)
INFOKOST
(2007, Jakarta)
Yukstay
(2018, Jakarta, $1.0M)

Healthcare Booking Platforms > Pharmacies >
Drugs > Mens Health - Indonesia
35
42
Back to index
Taxonomy
Tech
Key Stats
Indonesia Tech
$150K ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$150K
1
-
1
0
Healthcare Booking Platforms (Halodoc)
(# Cos: 106 | $152M)
Pharmacies (GoApotik)
(# Cos: 33 | $150K)
Drugs (ProSehat)
(# Cos: 17 | $150K)
Mens Health (Newman’s)
(# Cos: 1 | $150K)
Newman’s
(2019, Kebayoran Baru, $150K)
Newman’s (2019, Kebayoran Baru)
$150K - Seed - Apr 2020

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Tracxn - Indonesia Tech - Top Business Models - Mar 2021

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