Which Indonesian firms are most likely to have global impact? One way to judge – although imperfect – would be the amount of money they have raised. Using Tech in Asia’s data, we’ve generated this constantly updated list of 20 startups and tech companies in Indonesia who have raised the most money from investors in the past two years. Seeking more? Search the most comprehensive database of tech companies in Asia or read our Research methodology.
1. Tokopedia
Marketplaces, E-Commerce Platforms
US$1.1B
Tokopedia is an online marketplace that enables individuals and business owners to open and maintain their online stores for free.
2. Go-Jek
Services, Internet Technology
US$585M
Go-Jek is a social enterprise that partners with a group of experienced and trustworthy service providers to deliver a one-stop-shop convenience service for Indonesians.
3. Traveloka
E-Commerce Platforms, Online Travel
US$500M
Traveloka is an Indonesian technology company based in Jakarta, Indonesia. Traveloka was founded by ex-Silicon Valley engineers and aims to revolutionize human mobility with technology.
4. MatahariMall
E-Commerce Platforms, Retail
US$141.8M
MatahariMall.com is an e-commerce platform by the Lippo Group.
5. PT Indo Lotte Makmur (iLOTTE)
E-Commerce Platforms, Retail
US$100M
PT. Indo Lotte Makmur is a joint venture company of Salim Group and Lotte Group that established an online retail and open marketplace to serve the digital generation of Indonesian people.
6. Pundi XC
Cryptocurrency
US$35M
Pundi X aims to bring in the next billion crypto users as it allows users to buy, sell, use cryptocurrency anywhere and anytime, making cryptocurrency accessible to everyone.
7. Sale Stock
Fashion, E-Commerce Platforms
US$27M
Sale Stock is an Indonesian e-commerce startup that provides women fashion through the mobile app and website.
8. OTO.com
Portals, Search
US$25M
Oto.com, part of India’s autoportal CarDekho.com (GirnarSoft), is a portal dedicated for auto consumers to create an exceptional automobile buying, owning and selling experience. Our portal will help you in your decision making in this entire process via our trustworthy & expert auto editors, innovative tech solutions, comprehensive automobile information & empathetic customer support.
9. COCOWORK (EV Hive)
Coworking
US$23.5M
COCOWORK, previously known as EV Hive is a coworking space in Jakarta and BSD, Tangerang, offering knowledge sharing and community building as its core value.
10. PT MCash Integrasi
Internet of Things
US$22M
PT MCash Integrasi is a provider of innovative digital self-kiosks and IT solution services offering diverse digital products such as mobile and token top-up, electronic billing, travel bookings, electronic tickets, and other digital vouchers.
11. Snapcart
Big Data, Market Research
US$13M
Snapcart operates a mobile application that gives shoppers cashback for scanning their receipts while they collect a massive amount of purchase data, analyze, and offer it to brands on a real-time basis.
12. M-Health Tech (HaloDoc)
Healthcare Services
US$13M
HaloDoc is a secure healthcare mobile platform that unites users, doctors, insurance companies, pharmacies, and laboratories into a simple ecosystem.
13. UangTeman
Lending, loans, and credit
US$12M
UangTeman is an online lending service that provides instant short-term microcredit to Indonesian consumers.
14. Sociolla
E-Commerce Platforms, Beauty
US$12M
Sociolla is Indonesia’s online shopping destination offering authentic beauty products in collaboration with brand owners and authorized distributors.
15. Alodokter
Digital Media, Health Care
US$11.5M
Alodokter is a platform that provides contents related to diseases, medication, and any other health-related information for Indonesians.
16. Travelio
Online Travel, E-Commerce Platforms
US$7.6M
Travelio is a hotel booking platform where the users can also negotiate the price.
17. Fabelio
Consumer Goods, E-Commerce Platforms
US$6.5M
Fabelio is a rapidly growing tech startup E-commerce focusing on furniture product with premium quality and good price.
18. Taralite
Lending, loans, and credit
US$6.3M
Taralite provides financing and multi-use online loans with the cheapest interest, easiest application and fastest approval. It also has the most competitive rate of instalment in the region.
19. Nida Rooms
Hotels & Accomodation
US$5.6M
NIDA Rooms is committed to providing quality low-cost accommodations across multiple countries in Southeast Asia, supported by partnerships with various excellent three-star hotels and below.
20. JULO
Lending, loans, and credit
US$5M
JULO is a digital lending company that is revolutionizing access to financial products for millions of emerging consumers in Indonesia.
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Source: Tech In Asia