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100 Accelerators & Incubators
Download The List of the 100 Highest-Valued Unicorns

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100 Top Unicorns
Download The List of the 100 Highest-Valued Unicorns

This free sheet contains all the information about the top 100 unicorns, including their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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100 Top Unicorns
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The Founder's Handbook

The 8 Unicorns Founded in Indonesia (2024)

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Have you ever wondered which private companies in Indonesia have the highest valuations?

You’re not alone.

There are lots of unicorn companies there, and it can be difficult to keep track of them all.

We've decided to take a deep dive and put together a list containing 8 Indonesia unicorn startups, from highest to lowest valuation.

The 8 Unicorns in Indonesia

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2,189 Accelerators & Incubators

Information about the industries, countries, and cities they generally invest in.

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Complete Unicorns List
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1,016 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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Complete Unicorns List
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1,190 Unicorns

Information about their valuation, HQ's location, founded year, name of founders, funding amount and number of employees.

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FinTech Investors
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250 FinTech Investors

List of startup investors in the FinTech industry, along with their Twitter, LinkedIn, and email addresses.

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BioTech & Health Investors
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250 BioTech & Health Investors

List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.

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AI Investors
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250 AI Investors

List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.

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1) J&T Express

J&T Express

J&T Express is an E-Commerce Freight Forwarding and Expedited Service provider of international shipping services for businesses and individuals.

Details of the startup:

  • Valuation: $20.00B (April 2021)
  • City: Jakarta
  • Started in: 2015
  • Founders: Jet Lee, Tony Chen
  • Industries: Courier Service, E-Commerce, Freight Service
  • Number of employees: 10,000+
  • Funding: $4,653.00M
  • Funding rounds: 4
  • Number of investors: 6

You can find their website here.

2) Traveloka

Traveloka

Traveloka is an online travel agency that uses artificial intelligence to recommend the right holiday for customers.

Details of the startup:

  • Valuation: $3.00B (January 2017)
  • City: Jakarta
  • Started in: 2012
  • Founders: Albert Albert, Derianto Kusuma, Ferry Unardi
  • Industries: Big Data, In-Flight Entertainment, Search Engine, Travel
  • Number of employees: 1,000-5,000
  • Funding: $1,170.00M
  • Funding rounds: 6
  • Number of investors: 9

You can find their website here.

3) Akulaku

Akulaku

Akulaku is Southeast Asia's premier banking and digital financial platform.

Details of the startup:

  • Valuation: $2.00B (February 2022)
  • City: Jakarta
  • Started in: 2014
  • Founders: Gordon Hu, William LI
  • Industries: Banking, Finance, Financial Services, FinTech, Insurance, Wealth Management
  • Number of employees: 1,000-5,000
  • Funding: $455.00M
  • Funding rounds: 10
  • Number of investors: 15

You can find their website here.

4) FinAccel

FinAccel

FinAccel is a credit risk and consumer lending platform that automates credit scoring and credit provision.

Details of the startup:

  • Valuation: $1.66B (August 2022)
  • State: Jakarta Raya
  • City: Jakarta
  • Started in: 2015
  • Founders: Akshay Garg, Alie Tan, Umang Rustagi
  • Industries: Consumer Lending, Finance, Financial Services, FinTech
  • Number of employees: 1001-5000
  • Funding: $260.00M
  • Funding rounds: 6
  • Number of investors: 23

You can find their website here.

5) DANA Wallet Indonesia

DANA Wallet Indonesia

DANA is a payment platform that seeks to replace traditional wallets.

Details of the startup:

  • Valuation: $1.13B (August 2022)
  • State: Jakarta Raya
  • City: Jakarta
  • Started in: 2017
  • Founders: Vincent Henry Iswaratioso
  • Industries: Finance, Financial Services, FinTech, Mobile Apps
  • Number of employees: 501-1000
  • Funding: $554.50M
  • Funding rounds: 2
  • Number of investors: 2

You can find their website here.

6) Xendit

Xendit

Xendit is fintech company that provides payment infrastructure across South East Asia.

Details of the startup:

  • Valuation: $1.00B (September 2021)
  • City: Jakarta
  • Started in: 2014
  • Founders: Bo Chen, Juan Gonzalez, Moses Lo, Tessa Wijaya
  • Industries: Banking, Finance, Financial Services, FinTech, Payments
  • Number of employees: 500-1,000
  • Funding: $215.01M
  • Funding rounds: 6
  • Number of investors: 9

You can find their website here.

7) Kopi Kenangan

Kopi Kenangan

Kopi Kenangan is Indonesia’s fastest-growing coffee chain, leveraging on a tech-based 'grab & go' strategy.

Details of the startup:

  • Valuation: $1.00B (December 2021)
  • City: Kebayoran Baru
  • Started in: 2017
  • Founders: Edward Tirtanata, James Prananto
  • Industries: Coffee, Food and Beverage
  • Number of employees: 50-100
  • Funding: $233.00M
  • Funding rounds: 6
  • Number of investors: 17

You can find their website here.

8) Ajaib

Ajaib

Ajaib is an investment platform that enables Indonesians to trade equities, exchange-traded funds, and mutual funds.

Details of the startup:

  • Valuation: $1.00B (October 2021)
  • City: Jakarta
  • Started in: 2018
  • Founders: Anderson Sumarli, Yada Piyajomkwan
  • Industries: Finance, Financial Services, FinTech, Trading Platform
  • Number of employees: 100-250
  • Funding: $245.22M
  • Funding rounds: 5
  • Number of investors: 13

You can find their website here.

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