Indonesia is home to nine unicorn startups, with companies in sectors ranging from travel to agriculture technology. The most valuable of these is the travel platform Traveloka, with a $3B valuation, while eFishery supports the aquaculture industry and is valued at $1.3B.

The financial technology sector is a major part of the ecosystem, but consumer brands like the coffee chain Kopi Kenangan have also reached a $1B valuation.

Below is the full list of 9 Indonesia unicorn startups at this time.

Top 9 Most Valuable Indonesia Unicorns

Traveloka built a comprehensive travel platform that helps people discover and book flights, hotels, and local experiences. They bring together a massive selection of travel options, simplifying the entire booking process for users through one central app.

Valuation$3B (Joined January 2017)
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2012
FoundersAlbert Zhang, Derianto Kusuma, Ferry Unardi
Funding Amount$1.5B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusCorporate Round
Top InvestorsGlobal Founders Capital, BlackRock, Hillhouse Investment, Sequoia Capital, Allianz Global Investors

Akulaku Group builds and operates a digital finance platform for consumers across Southeast Asia. The platform offers a suite of virtual services, from digital credit and flexible payments to insurance and wealth management products.

Valuation$2B
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2016
FoundersGordon Hu, William LI
Funding Amount$748.1M
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusVenture Round
Top InvestorsQiming Venture Partners, Legend Capital, IDG Capital, HSBC, Peak XV Partners

eFishery has built a digital ecosystem for fish and shrimp farmers, integrating everything from smart feeding technology to financing and market access. Their platform helps make aquaculture more productive and profitable, creating a more sustainable and data-driven industry.

Valuation$1.3B (Joined May 2023)
HeadquartersBandung, Jawa Barat, Indonesia
Year Founded2013
FoundersChrisna Aditya, Gibran Huzaifah, Muhammad Ihsan Akhirulsyah
Funding Amount$372.9M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsInternational Finance Corporation, 500 Global, Peak XV Partners, Endeavor Catalyst, Temasek Holdings

DANA created an all-in-one digital wallet designed to simplify financial transactions for users in Indonesia. Their platform allows people to make payments, send money, and access other financial services directly from their mobile devices.

Valuation$1.13B (Joined August 2022)
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2017
FoundersVincent Henry Iswaratioso
Funding Amount$554.5M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries A
Top InvestorsLazada Group, Living Lab Ventures, Endeavor Indonesia

Xendit builds digital payment infrastructure for businesses across Southeast Asia, serving everyone from small startups to large enterprises. Their technology makes it simple for companies to accept payments and send payouts at scale.

Valuation$1B (Joined September 2021)
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2014
FoundersBo Chen, Moses Lo, Tessa Wijaya
Funding Amount$534.7M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries D
Top InvestorsCoatue, Y Combinator, Accel, Insight Partners, Kleiner Perkins

Ajaib created an investment platform designed to make trading stocks and mutual funds accessible to everyone in Indonesia. They offer a single application for users to manage their financial portfolios.

Valuation$1B (Joined October 2021)
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2019
FoundersAnderson Sumarli, Yada Piyajomkwan
Funding Amount$246.3M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries B
Top InvestorsRibbit Capital, Y Combinator, IVP, Alpha JWC Ventures, ICONIQ Growth

Vidio developed an over-the-top video platform for users to watch, upload, and share a wide range of content. The Indonesian streaming service has become a go-to destination for its mix of original series, movies, and live sports programming.

Valuation$1B
HeadquartersDki Jakarta, Jakarta Raya, Indonesia
Year Founded2014
FoundersAdi Sariaatmadja
Funding Amount$197M
Company SizeLarge Team (251-1,000)
Last Funding StatusCorporate Round
Top InvestorsGrab, Bali United Football Club, Dian Swastatika Sentosa, Affinity Equity Partners, PT Ekonomi Baru Investasi Teknologi

Kopi Kenangan runs Indonesia's fastest-growing coffee chain. Their growth is driven by a tech-based 'grab & go' model that allows customers to order and pay through a mobile app.

Valuation$1B (Joined December 2021)
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2017
FoundersEdward Tirtanata, James Prananto
Funding Amount$333M
Company SizeEnterprise Organization (5,001+)
Last Funding StatusSeries C
Top InvestorsAlpha JWC Ventures, Peak XV Partners, Alpha Wave Global, B Capital, Serena Ventures

JD.ID built a major e-commerce platform for the Indonesian market, offering a wide range of original products at competitive prices. They are known for providing a reliable and fast shopping experience with a focus on authentic, quality goods.

Valuation$1B
HeadquartersJakarta, Jakarta Raya, Indonesia
Year Founded2015
Founders—
Funding Amount—
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusCorporate Round
Top InvestorsGojek