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Jakarta has become a key center for new companies in Southeast Asia. The city's startup environment is particularly strong in financial technology.
Companies like DANA and Xendit have attracted major funding, with DANA raising over $554M. Other areas like quick commerce are also growing, with startups such as ASTRO securing significant investment.
Below is our list of 25 Jakarta startups worth keeping an eye on.
Everything you need to raise funding for your startup, including 3,500+ investors, 7 tools, 18 templates and 3 learning resources.
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Get the Sheet for $50List of startup investors in the BioTech, Health, and Medicine industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the AI and Machine Learning industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50List of 250 startup investors in the FinTech and Finance industries, along with their Twitter, LinkedIn, and email addresses.
Get the Sheet for $50Honest builds modern financial tools centered around credit for consumers in Southeast Asia. They launched a numberless credit card that gives users more security and control through a dedicated mobile app.
ASTRO has built a quick commerce platform in Indonesia that delivers groceries and other essentials in as little as 15 minutes. They offer a convenient on-demand service for customers needing everyday items delivered directly to their door.
DANA operates a digital wallet for the Indonesian market, allowing users to make QR payments, send money, and handle various bills. Their platform provides a suite of financial services aimed at making mobile payments more convenient and accessible throughout the country.
Stockbit operates a social investing platform for the Indonesian market that allows traders to share ideas and information. Their service combines community discussion with stock trading tools to help users make more informed investment decisions.
Amartha connects micro and SME business partners with investors through its microfinance technology platform. This peer-to-peer lending model provides essential capital to underserved entrepreneurs, helping to fuel their growth.
PasarPolis developed an online insurance marketplace for individuals to compare and purchase policies from various providers. The Indonesian insurtech company works to make insurance more accessible by offering affordable and customized products.
Mekari develops cloud-based business automation software to help various businesses grow and manage their operations. The company offers a range of integrated solutions covering everything from HR and payroll to accounting and tax management.
Xendit builds digital payment infrastructure for businesses in Southeast Asia, from new startups to large enterprises. Their platform provides a suite of tools for companies to accept payments and manage their finances.
Investree operates a B2B marketplace lending platform that connects small and medium-sized enterprises with sources of financing. Their service is designed to give businesses more accessible and efficient options for funding their operations and growth.
Ula runs a wholesale e-commerce marketplace that provides inventory sourcing and working capital to small business owners in Indonesia. Their platform digitizes the supply chain for these retailers, making it easier to manage stock and access financial services.
Those top 10 companies are a great snapshot, but there's so much more happening across the city. Founders are building everything from new financial tools to farming technology, and they have raised nearly a billion dollars combined.
Some of these companies are just getting started, while others are already growing quickly. Here is a closer look at the other startups that are shaping Jakarta's ecosystem.
| Startup | Industry | Year Founded | Amount Raised | Last Funding Round |
|---|---|---|---|---|
| Fintech | 2016 | $155M | Debt Financing | |
| Enterprise | 2018 | $47.7M | — | |
| AgTech | 2018 | $35.3M | Debt Financing | |
| Fintech | 2019 | $113M | Series B | |
| Mobility | 2019 | $2.6M | Seed | |
| Fintech | 2019 | $246.3M | Series B | |
| AgTech | 2015 | $94.5M | Series B | |
| Healthcare | 2014 | $53.3M | Series D | |
| Fintech | 2017 | $60M | Venture Round | |
| Media | 2021 | $2.8M | Seed | |
| Retail | 2019 | $12.8M | Series A | |
| Media | 2007 | $15.1M | Series A | |
| Healthcare | 2017 | $3.8M | Series A | |
| Enterprise | 2022 | IDR46.1B | Seed | |
| Gaming | 2021 | — | — | |
| Data | 2020 | $5M | Series A | |
| AI | 2019 | $2.8M | Seed | |
| Fashion | 2003 | IDR266B | Venture Round | |
| Fintech | 2021 | $5.2M | Pre-Seed | |
| Real Estate | 2024 | SGD2.6M | Seed |
