69 Best Startups in Indonesia to Watch in 2025

The Definitive Seedtable Ranking of Startups in Indonesia

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 139 start-ups with an aggregate funding of $10.0b. The average funding per company in this subset is $145.5m.

Last update to the database: Feb 18, 2025. See changelog.

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1

Funding Rounds

$12.0m

Money raised

Ampverse is a Singapore-based company founded in 2019 by Ferdinand Gutierrez.

3

Funding Rounds

$33.7m

Money raised

Eden Farm is an agriculture company helping farmers to sell their fruits and vegetables to the local business-to-business market in Indonesia.

10

Funding Rounds

$425.0m

Money raised

Akulaku is an online multi-purpose finance platform intended to provide financial services to underserved communities.

Location:

Key people:

1

Funding Rounds

$100.0k

Money raised

Narfex is a DeFi market exchange.

8

Funding Rounds

$814.7m

Money raised

Xendit is a company providing payments infrastructure in Indonesia and South East Asia. It can detect and receive payments from all banks.

Location:

Key people:

3

Funding Rounds

$110.0m

Money raised

Super is a company founded in 2015 by Jorey Ramer.

Key people:

5

Funding Rounds

$245.1m

Money raised

Ajaib provides an online wealth management platform helping Indonesians protect and grow their money. It participated in the YC S18 cohort of Y Combinator.

Location:

Key people:

4

Funding Rounds

$150.5m

Money raised

Aspire is a company founded in 2018 by Giovanni Casinelli, Joel Leong, Andrea Baronchelli, Giacomo Ficari and Stefano Pellegrino.

3

Funding Rounds

$33.0m

Money raised

A company providing an online B2B marketplace in Indonesia.

Industries:

Location:

2

Funding Rounds

$87.0m

Money raised

HappyFresh is an online grocery platform that lets you shop products from great grocery stores around the city at the tap of a button.

6

Funding Rounds

$1.2b

Money raised

Traveloka is an online flight search engine for routes and airlines.

Location:

Key people:

2

Funding Rounds

$62.6m

Money raised

A company that develops and manufactures dental implant products

3

Funding Rounds

$14.0m

Money raised

Insight Robotics is to enable active risk management of the world's assets by generating and making sense of data.

1

Funding Rounds

$100.0m

Money raised

Nityo Infotech is a Plainsboro Center, New Jersey-based company founded in 2006 by Aileen Cecilia Munoz.

1

Funding Rounds

$24.0m

Money raised

SuperAtom is an Indonesia-based company founded in 2018 by Johnny Li.

2

Funding Rounds

$22.5m

Money raised

Gotrade is a Singapore-based financial services company that enables people in 150 countries to invest commission free in fractional US stocks.

3

Funding Rounds

$78.0m

Money raised

A financial technology that develops mobile applications for investing. It is based in Indonesia.

Industries:

Location:

2

Funding Rounds

$10.8m

Money raised

RAENA adalah platform reseller kecantikan terbesar di Indonesia yang memberikan peluang bisnis rumahan yang menjanjikan. Dropshipper & Reseller produk kecantikan

Industries:

Location:

2

Funding Rounds

$40.0m

Money raised

JULO is a digital lending company that provides affordable unsecured personal loan for consumers.

3

Funding Rounds

$144.5m

Money raised

Koinworks is an Indonesia Super Financial App that provides both investment and liabilities products under single platform

Industries:

Location:

Key people:

4

Funding Rounds

$185.1m

Money raised

Shipper is a logistics platform that helps freight forwarders deliver goods easily.

2

Funding Rounds

ALAMI Sharia is a P2P Lending company that was founded in 2018

1

Funding Rounds

$78.2m

Money raised

yellow.ai is a CX automation platform that enables businesses to build chatbots and voice bots to automate support, sales, marketing, HR, IT service management, and more.

1

Funding Rounds

$5.0m

Money raised

Atma is a Jakarta-based company founded in 2022.

4

Funding Rounds

$4.7b

Money raised

J&T Express is a freight service e-commerce company that supports the growth of the e-commerce business.

5

Funding Rounds

$163.1m

Money raised

SIRCLO is a developer of a website building platform used to create a comprehensive e-Commerce service that can facilitate online sales.

1

Funding Rounds

$70.0m

Money raised

Super is a social commerce platform that enables leaders to become self-made entrepreneurs and builds logistics network.

Industries:

Location:

Key people:

3

Funding Rounds

$540.0k

Money raised

Blossom Finance is a company founded in 2014 by Matthew Joseph Martin.

Key people:

4

Funding Rounds

$151.6m

Money raised

Astro is a Jakarta-based company founded in 2021 by Wandi Budianto, Jessica Jap, Marcella Moniaga, Sherlyn Gautama and Vincent Tjendra.

Location:

2

Funding Rounds

$38.3m

Money raised

Evermos is a social commerce startup that connects resellers-to-brands to consumers via platform to sell everyday Muslim products.

Key people:

1

Funding Rounds

$53.0m

Money raised

PayFazz is a financial technology development company in Indonesia founded in 2016 by Hendra Kwik.

Industries:

Location:

Key people:

1

Funding Rounds

PT. Cicil Solusi Mitra Teknologi is a company founded in 2016 by Leslie Lim.

3

Funding Rounds

$9.9m

Money raised

Populix is a Jakarta-based company founded in 2018 by Jonathan Benhi, Eileen Kamtawijoyo and Dr Timothy Astandu.

Location:

Key people:

1

Funding Rounds

$35.0m

Money raised

Pintu is a crypto assets platform for buying, selling, and investing in Bitcoin and Blockchain-based assets.

1

Funding Rounds

Finantier is an open Finance platform for Southeast Asia founded in 2020 by Diego Rojas, Edwin Kusuma and Keng Low.

4

Funding Rounds

$22.3m

Money raised

TradeWindow is a software as a service company founded in 2019 by AJ Smith.

2

Funding Rounds

$70.0m

Money raised

BukuWarung is an accounting app for micro-merchants in Indonesia founded in 2019 by Abhinay Peddisetty.

Location:

Key people:

1

Funding Rounds

$3.2m

Money raised

VIDA is a company founded in 2018 by Niki Luhur.

Location:

Key people:

2

Funding Rounds

Pawoon is a company founded in 2014.

1

Funding Rounds

$65.5m

Money raised

TaniHub is a B2B platform connecting farmers with businesses that use or sell their products.

1

Funding Rounds

$4.0m

Money raised

KedaiSayur connects farmers, ranchers, as well as wholesalers to a variety of end users in fulfilling Indonesia’s daily needs.

Location:

Key people:

1

Funding Rounds

$2.8m

Money raised

Finku is a Jakarta-based company founded in 2021 by Shyam Kalairajah, Reinaldo Tendean and Shylla Pramadhani.

1

Funding Rounds

MyRobin is an end-to-end talent hub that provides Indonesian businesses with pre-screened blue-collar workers

1

Funding Rounds

Dekoruma is a technology startup that offers inspirations for a dream house and decor for an affordable price.

1

Funding Rounds

$3.0m

Money raised

Pomona aims to help bricks-and-mortar stores tackle the challenge of driving foot-traffic and increasing in-store engagement.

1

Funding Rounds

$90.0m

Money raised

eFishery is an Indonesia-based company founded in 2013.

1

Funding Rounds

$7.6m

Money raised

Kargo Technologies is a full-stack logistics platform, connecting shippers with truckers.

Location:

Key people:

1

Funding Rounds

$2.8m

Money raised

Verihubs is a Jakarta-based company providing AI-based services for financial services enterprises in Indonesia

1

Funding Rounds

$10.0m

Money raised

PT Julo Teknologi Finansial is a company founded in 2016.

2

Funding Rounds

$13.0m

Money raised

Snapcart is a company founded in 2015 by Reynazran Royono.

Location:

Key people:

2

Funding Rounds

$66.6m

Money raised

Qoala is a company founded in 2018 by Harshet Lunani.

1

Funding Rounds

$4.3m

Money raised

2

Funding Rounds

$145.0m

Money raised

Halodoc is a company founded by Jonathan Sudharta.

Location:

Key people:

1

Funding Rounds

$35.0m

Money raised

Aruna is a company founded in 2015 by Farid Naufal Aslam.

1

Funding Rounds

$500.0k

Money raised

Blocknom is a company founded in 2021 by Fransiskus Raymond.

2

Funding Rounds

$107.0m

Money raised

Ula is a wholesale e-commerce marketplace that provides working capital and inventory sourcing for small business owners

Industries:

Location:

2

Funding Rounds

$22.0m

Money raised

UangTeman is a company founded in 2014.

1

Funding Rounds

$18.0m

Money raised

Mekari is an Indonesia-based company founded in 2015 by Dirman Suharno.

Location:

Key people:

1

Funding Rounds

$33.0m

Money raised

Alodokter is an Indonesian healthtech startup offering a healthcare platform for patients and doctors.

Location:

Key people:

2

Funding Rounds

$9.6m

Money raised

CrediBook is a Jakarta-based company founded in 2020 by Dekha Anggareska, Gabriel Frans and Christian Lie.

Location:

Key people:

1

Funding Rounds

$3.3m

Money raised

Pasarnow is a company founded in 2019 by James Rijanto, Donald Wono and Cindy Ozzie.

Industries:

Location:

Key people:

1

Funding Rounds

$1.5m

Money raised

Bananas is a Jakarta-based company founded in 2021 by Mario Gaw.

Location:

Key people:

3

Funding Rounds

$28.0m

Money raised

Location:

3

Funding Rounds

$175.0m

Money raised

Bibit is a company founded by Wellson Lo, Sigit Kouwagam and Johny Susanto.

Industries:

Location:

Key people:

1

Funding Rounds

$50.0k

Money raised

The Conversation is an academic media publisher founded in 2017 by Andrew Jaspan.

Industries:

Location:

Key people:

1

Funding Rounds

$2.5m

Money raised

Developer of a financial wellness application intended to improve the financial security of Indonesian employees.

Industries:

Location:

1

Funding Rounds

$1.5m

Money raised

Vybes is an artificial Intelligence company founded by Wei Qing Jen.

1

Funding Rounds

$9.0m

Money raised

Lifepal is the #1 online marketplace in Indonesia for insurance.

2

Funding Rounds

$13.0m

Money raised

GoWork is a coworking company founded in 2017.

Industries:

Location:

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