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The 6 Best Unicorn Startups in Jakarta

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I'm sure you've heard the term unicorn before.

It refers to a privately held company that has achieved a $1 billion valuation.

These private companies are rare because reaching the billion-dollar mark is incredibly challenging.

Only 0.004% of all venture-backed companies achieve this distinction – but Jakarta is home to 6 unicorns including some of the biggest in the world.

The 6 Unicorns in Jakarta

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2,658 Accelerators & Incubators

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1,016 Unicorns

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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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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:

    $20.00

    B (

    April 2021

    )

  • Country:

    Indonesia

  • City:

    Jakarta

  • Started in:

    2015

  • Founders:

    Jet Lee, Tony Chen

  • Industries:

    Courier Service, E-Commerce, Freight Service

  • Number of employees:

    10,000+

  • Funding Amount:

    $4,653.00M

  • Number of funding rounds:

    4

  • Number of investors:

    6

here

Traveloka

Traveloka

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

Details of the startup:

  • Valuation:

    $3.00

    B (

    January 2017

    )

  • Country:

    Indonesia

  • 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 Amount:

    $1,170.00M

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

Ovo

Ovo

OVO is in the business of simplifying the online and mobile payment experience for consumers. They offer world class solutions for banks and financial services providers.

Details of the startup:

  • Valuation:

    $2.90

    B (

    March 2019

    )

  • Country:

    Indonesia

  • City:

    Jakarta

  • Started in:

    2017

  • Founders:

    Matt Jones

  • Industries:

    Broadcasting, Media and Entertainment, Mobile, Music Streaming, Telecommunications, Video Streaming

  • Number of employees:

    10-50

  • Funding Amount:

    $116.00M

  • Number of funding rounds:

    1

  • Number of investors:

    5

here

Akulaku

Akulaku

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

Details of the startup:

  • Valuation:

    $2.00

    B (

    February 2022

    )

  • Country:

    Indonesia

  • 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 Amount:

    $455.00M

  • Number of funding rounds:

    10

  • Number of investors:

    15

here

Ajaib

Ajaib

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

Details of the startup:

  • Valuation:

    $1.00

    B (

    October 2021

    )

  • Country:

    Indonesia

  • City:

    Jakarta

  • Started in:

    2018

  • Founders:

    Anderson Sumarli, Yada Piyajomkwan

  • Industries:

    Finance, Financial Services, FinTech, Trading Platform

  • Number of employees:

    100-250

  • Funding Amount:

    $245.22M

  • Number of funding rounds:

    5

  • Number of investors:

    13

here

Xendit

Xendit

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

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2021

    )

  • Country:

    Indonesia

  • 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 Amount:

    $215.01M

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

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