LIVE
///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops///LATE STAGE • Sociolla • US$ 250M • Commerce///POLICY • Gold Export Duties: Progressive Reference-Price Ladder Kicks In///SERIES A • Hangry • US$ 10.5M • F&B///POLICY • Coal Export Tax 2026: Indonesia Signals a New Resource-Rent Phase///SERIES B • Honest • Undisclosed • Fintech///POLICY • Export FX Repatriation: Proceeds Routed Through State Banks From 2026///SEED • Arummi Foods • US$ 2M • F&B///POLICY • OJK POJK 4/2025: Financial Aggregators Move Into a Licensing Regime///PRE-SEED • IDRX • US$ 300k • Web3///POLICY • Finfluencer Rules: OJK Tightens Conduct Around Securities Marketing///SERIES C • Yup • US$ 32M • Fintech///POLICY • Dormant Accounts: New Standardization Changes Bank Data and Ops
CAPITAL ALLOCATORS

Active Funds

Directory of VCs, CVCs, and PE firms deploying capital in Indonesia.

Showing 21 Active Entities

AC Ventures

VC
HQJakarta
StageSeed
Check$500K - $15M

Leading SEA VC ($500M+ AUM) from 2019 merger of Agaeti & Convergence. Fund V closed at $210M (Jan 2024). 50% of portfolio C-level are women.

FintechLogistics
Profile

Alpha JWC Ventures

VC
HQJakarta
StageSeed
Check$500K - $15M

SEA's largest early-stage fund. $650M AUM, 114 portfolio, 6 unicorns. Founded 2015 (10th anniversary Feb 2025). Fund I $50M, Fund II $123M (2019 record). Fund IV raising 2025.

FintechConsumer
Profile

BEENEXT

VC
HQSingapore
StageSeed
Check$2.89M avg (Seed), $6.37M avg (Series A)

Founder-focused fund founded by Teruhide Sato (BEENOS founder, early Tokopedia/Midtrans investor). 261 portfolio companies, 11 unicorns, 26 Indonesia investments. Strong India (119) and Indonesia (26) focus.

MarketplaceFintech
Profile

Benson Creativestment

VC
HQJakarta
StageSeed
CheckN/A

Niche firm focusing on the creative economy, lifestyle brands, and consumer products.

CreativeLifestyle
Profile

Corin Capital

VC
HQSurabaya
StageSeed
CheckN/A

Regional firm based in East Java looking for opportunities outside the capital bubble.

TechConsumer
Profile

Creative Gorilla Capital

VC
HQJakarta
StageSeed
CheckN/A

Venture firm launched by media experts focusing on D2C and consumer brands.

D2CMedia
Profile

Golden Gate Ventures

VC
HQSingapore
StageSeed
Check$500K - $5M

Founded 2011 by Silicon Valley natives. $250M+ AUM across 4 funds. 90+ portfolio companies including 9 unicorns. Singapore HQ with Jakarta & Vietnam offices. MENA expansion Dec 2024.

ConsumerFintech
Profile

Indogen Capital

VC
HQJakarta
StagePre-Series A
CheckN/A

Sector-agnostic VC with 37-41 portfolio, 1 unicorn, 2 IPOs, 5 exits (Carsome, Shipper, Aruna, Evos, Travelio). Chandra Firmanto MP. Co-founded Cydonia Web3 fund with Finch Asia & Tokocrypto execs (2022). Strong Japan/Korea ties via JETRO.

ConsumerAgritech
Profile

Init 6

VC
HQJakarta
StageSeed
CheckN/A

Founded early 2020 by Bukalapak co-founders after leaving the company. 14-29 portfolio companies. Backs technical founders with passion to solve big problems. Also offers venture debt for capital-efficient growth.

TechSaaS
Profile

Insignia Ventures Partners

VC
HQSingapore
StageSeed
Check$1M - $10M

Singapore-based fund (founded 2017) with high conviction in early-stage Indonesian tech. 3 unicorns, 2 IPOs. Portfolio includes Ajaib, Flip, Shipper.

TechConsumer
Profile

Jungle Ventures

VC
HQSingapore (offices: Jakarta, Ho Chi Minh City)
StageSeed
Check$2M - $25M

Top-tier SEA/India VC founded 2012. 109+ portfolio. LPs: Temasek, IFC, NRF Singapore. Managing Partner David Gowdey leads Indonesia. Ratan Tata as Special Advisor.

ConsumerB2B
Profile

Kejora Capital

VC
HQJakarta & Singapore
StageSeed
Check$500K - $15M

Full life-cycle Indonesia VC. $380M+ AUM. 75 portfolio companies. Preqin Top 10 Global Performing VC 2020 (#8 globally, #1 SEA). Managing Partners: Sebastian Togelang, Andy Zain.

FintechLogistics
Profile

Kopital Ventures

VC
HQJakarta
StageSeed
Check$250K - $500K (typical)

Sector-agnostic seed-stage VC founded by Kopi Kenangan co-founder. Evolved from Kopital Network angel group. Targets 30-40 companies over 3 years. LPs: Saison Capital, Trihill Capital, Impack Ventures, Alto Partners MFO. Tagline: "Born in the region. Built for the world."

ConsumerF&B
Profile

Mulia Sky Capital

VC
HQJakarta
StageSeed
Check$50K - $500K

Private investment vehicle focusing on seed-stage opportunities with active investor newsletter.

TechConsumer
Profile

Northstar Group

PE
HQSingapore
StageGrowth
Check>$10M

Major PE firm acquired by Ares Management in early 2025. Historical portfolio includes GoTo, Bank Jago, Indomaret.

ConsumerFinancials
Profile

Peak XV Partners

VC
HQBangalore
StageSeed
Check$3M - $100M+

Formerly Sequoia India & SEA (rebranded June 2023). $9B+ across 13 funds. 50+ unicorns, 19 IPOs. Singapore is regional office; HQ in Bangalore.

FintechCommerce
Profile

Prasetia Dwidharma

Family Office
HQJakarta
StageSeed
Check$1M - $5M

Institutional family office. 100-138 portfolio companies in SEA (Indonesia focus) and US (Y Combinator). Originally telecom infrastructure contractor. Peak activity 2019. Latest investment Jun 2025 (Comika). Regular Y Combinator invitations.

B2B TechSaaS
Profile

PT Saratoga Investama Sedaya

PE
HQJakarta
StageGrowth
CheckLarge Cap ($50M+)

Indonesia's premier active investment company (IDX: SRTG). NAV grew 10.5% to IDR 53.9T in 2024. IDR 3.8T dividend income 2024. Key portfolio: Adaro (AADI IPO Dec 2024), TBIG (42K tenants), Merdeka (MBMA EV battery). LP/backer of Skystar Capital. 2025 focus: healthcare, digital infra, consumer, renewables.

InfrastructureNatural Resources
Profile

Skystar Capital

VC
HQJakarta
StageSeed
Check$100K - $2M

Early-stage VC backed by corporate groups including Saratoga. 44-76 portfolio companies, 1 unicorn. Team of 14 (4 partners, 1 VP, 1 principal). Abraham Hidayat Managing Partner. New tagline (end 2024): "Local Roots, Home for Visionaries". Supporting Indonesia Vision 2045.

ConsumerFintech
Profile

Trihill Capital

VC
HQSingapore
StageSeed
CheckN/A

Multi-asset investment firm focused on early to growth-stage ventures in SEA (especially Indonesia, Singapore, Vietnam) and global public equities. 26-32 portfolio companies, 1 IPO. Team of 7 including partner Anthony Tjajadi. Active - latest Sept 2025.

FintechAgritech
Profile

Vertex Ventures SEA & India

VC
HQSingapore
StageSeed
Check$2M - $30M

Temasek-backed VC, part of Vertex Holdings ($5.1B global). Fund V $541M (Sept 2023), 80+ investments. LPs: JICA, IFC, DEG. 3-4 IPO-ready companies. Joshua Agusta leads Indonesia.

FintechEnterprise Tech
Profile
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