21 Series A Investors in Indonesia

This article highlights the leading Series A investors in Indonesia in 2024, showcasing those who are fueling the growth of the country's vibrant startup ecosystem. Indonesia has seen a surge in venture capital activity, with over $1.2 billion in Series A funding rounds across more than 50 startups this year. The article identifies key investors driving innovation and supporting emerging businesses in sectors like technology, e-commerce, and fintech.

Quick list of series a venture capital firms in Indonesia

Alpha JWC Ventures: Empower innovative startups, driving significant economic growth in Indonesia.
Central Capital Ventura: Transforming Indonesia’s financial landscape, they empower startups through innovative investments.
GDP Venture: Fostering innovation, GDP Venture has significantly advanced the startup ecosystem in Indonesia.
MDI Ventures: Fueling economic growth, they accelerate innovation in Indonesia's startup ecosystem.
Kejora: Accelerating entrepreneurship, Kejora drives economic growth and innovation in Indonesia.
Venturra Capital: Fostering innovation, this firm significantly boosts Indonesia's startup ecosystem through strategic investments.
SMDV: Empower Indonesian startups by providing essential resources and network opportunities.
Intudo Ventures: Igniting innovation, the firm accelerates the growth of Indonesia's tech ecosystem.
Sinar Mas: Driving economic growth, they significantly contribute to Indonesia's industrial development and job creation.
Indogen Capital: Empowering innovation, the firm significantly contributes to Indonesia's entrepreneurial ecosystem by investing in local startups.
Gunung Sewu Group: Contributing significantly to Indonesia's economy, Gunung Sewu Group drives growth through its diverse investments in agribusiness, insurance, and real estate.
OCBC NISP Ventura: Fostering innovation, OCBC NISP Ventura boosts Indonesia's startup ecosystem with strategic investments.
Convergence Ventures: Fostering entrepreneurship, they have significantly contributed to the growth of Indonesia's startup ecosystem.
Mandiri Capital Indonesia: Stimulating innovation, the firm significantly boosts the growth of Indonesia's startup ecosystem.
Telkomsel Mitra Inovasi: Empower Indonesian startups by fostering innovation and digital transformation.
Prasetia Dwidharma: Fostering technological advancement, Prasetia Dwidharma drives innovation and infrastructure development in Indonesia.
Agaeti Venture Capital: Empowering Indonesian startups, they drive innovation and growth in the local tech ecosystem.
EverHaüs: Transforming the Indonesian real estate landscape, EverHaüs provides affordable and sustainable housing solutions.
Ideosource: Driving innovation in Indonesia's technology sector, they empower startups with crucial funding and support.
Skystar Capital: Fostering innovation, they significantly boost startup growth and technology development in Indonesia.
Maloekoe Ventures: Empowering local startups, Maloekoe Ventures drives innovation and economic growth in Indonesia.

How to get yes from series a investors in Indonesia?

There is no guarantee series a investors in Indonesia or any other place will say yes, and the chances are low, on average 1/100 will invest. The best you can do is to capture interest as soon as possible or get no and move on.

How? Share your pitch deck as a link not as an attachment and get insights if investors are interested

Get notified when investor view your deck
Track how long they were on each page of your deck
Capture emails of investors who viewed your deck
Protect your IP using watermark, screenshot protection and other link permissions
Securely send data room with multiple documents

Pitch deck sharing

How to find series a investors in Indonesia?

Selecting the right series a investors in Indonesia for your startup is crucial for success. Consider these factors:

Reputation: Evaluate the investor's track record in the industry to ensure they have a history of successful investments and good standing within the business community in Indonesia.
Network: Consider the strength and breadth of the investor's network, as well-connected investors can provide valuable introductions to potential partners, clients, and future funding sources.
Industry Expertise: Look for investors with experience in your specific industry, as their insights and guidance can be crucial to navigating market challenges and opportunities in Indonesia.
Alignment with Vision: Ensure the investor’s values and vision align with your company’s goals to foster a productive partnership that supports your long-term strategy.
Terms and Conditions: Review the terms and conditions of the investment offer carefully, including equity stake, valuation, and any control or decision-making powers the investor may seek.
Support and Resources: Assess what additional support the investor can provide beyond capital, such as mentorship, strategic guidance, or operational support.
Investment History in Indonesia: Investigate the investor’s familiarity and past investments in the Indonesian market to ensure they have a deep understanding of the local business environment.
Cultural Fit: Consider cultural compatibility between your team and the investor to ensure smooth communication and collaboration.
Exit Strategy: Discuss the investor’s expectations for exit options and timelines to ensure they align with your company’s growth trajectory and objectives.
Commitment to Sustainability and Impact: If relevant to your company’s mission, evaluate whether the investor is committed to sustainable practices and social impact in their investment approach.
Reach out: Turn your pitch deck into trackable link and send it when reaching out to investors, analyse the engagement on each page and follow up after it.

How to send your pitch deck to series a VC funds in Indonesia

To effectively engage with series a investors in Indonesia:

Research: Thoroughly investigate potential investors who are active in Series A funding in Indonesia to identify those whose investment focus aligns with your business.
Network: Leverage connections in the startup ecosystem, attend industry events, and join relevant business networks to establish direct or indirect communications with investors.
Tailor Approach: Customize your pitch and communications to resonate with each investor’s portfolio interests and investment thesis, highlighting how your startup meets their criteria.
Cultural Understanding: Be aware of cultural nuances in business dealings in Indonesia, which could influence how meetings and negotiations are conducted.
Localized Pitch: Adapt your pitch to address local market conditions and opportunities, demonstrating an understanding of the Indonesian business landscape.
Legal Readiness: Ensure all legal documentation and structures are in place, as Indonesian investors may have specific legal and regulatory requirements.
Networking Platforms: Utilize online networking platforms such as LinkedIn and local startup forums to reach out to investors in Indonesia.
Follow-up: After the initial contact, follow up diligently and promptly, showing commitment and responsiveness, which are valued traits in business interactions in Indonesia.
Local Partners: Consider collaborating with local partners or advisors who can help navigate the Indonesian venture capital landscape and provide introductions.
Case Studies: Share success stories or case studies of how your business has effectively operated or scaled similar solutions, tailored to the Indonesian market.
Send Your Pitch Deck and track results: Use pitch deck sharing software to send your deck and track time investors spend on each page and capture feedback from them.

1. Alpha JWC Ventures

Alpha JWC Ventures has significantly contributed to the growth of Indonesia's startup ecosystem by providing crucial capital and support to early-stage companies.

Sector: Advertising, E-Commerce, IT, Agnostic
Stage: Seed, Series A, Series B
Location: Indonesia
Website: https://www.alphajwc.com/

2. Central Capital Ventura

Central Capital Ventura has significantly fostered the growth of Indonesia's startup ecosystem through strategic investments and support.

Sector: Financial Services, Fintech, Lending and Investments, AI, E-Commerce
Stage: Pre-Seed, Seed, Series A, Series B
Location: Indonesia
Website: https://www.centralcapital.vc/

3. GDP Venture

GDP Venture significantly contributes to Indonesia's digital economy by investing in and nurturing local tech startups and digital media companies.

Sector: Media and Entertainment, E-Commerce, AI, Software, IT, Agnostic
Stage: Pre-Seed, Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://gdpventure.com

4. MDI Ventures

MDI Ventures has significantly contributed to Indonesia's tech ecosystem by investing in and nurturing promising startups.

Sector: Agnostic
Stage: Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://mdi.vc

5. Kejora

Kejora has significantly influenced Indonesia's startup ecosystem through strategic investments and business support, fostering innovation and growth.

Sector: IoT, E-Commerce, Advertising, Financial Services, Fintech, Agnostic
Stage: Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://www.kejorahq.com/

6. Venturra Capital

Venturra Capital has significantly contributed to Indonesia's startup ecosystem by investing in and supporting early-stage companies.

Sector: E-Commerce
Stage: Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://www.venturra.com/

7. SMDV

SMDV significantly contributes to Indonesia's digital economy by investing in and supporting innovative tech startups.

Sector: nan
Stage: Seed, Series A, Series B
Location: Indonesia
Website: https://smdv.com

8. Intudo Ventures

Intudo Ventures has significantly bolstered Indonesia's startup ecosystem by providing vital capital and support to early-stage companies.

Sector: Agriculture, B2B & Enterprise, B2B, Enterprise , Education, Finance, Insurance, Health & Wellness, Health, Logistics, New Retail, Entertainment
Stage: Pre-Seed, Seed, Series A, Series B
Location: Indonesia
Website: https://intudovc.com

9. Sinar Mas

Sinar Mas significantly impacts Indonesia's economy through its diversified operations in sectors like pulp and paper, financial services, and real estate.

Sector: nan
Stage: Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://sinarmas.com

10. Indogen Capital

Indogen Capital significantly bolsters Indonesia's startup ecosystem by providing vital early-stage investments and entrepreneurial support.

Sector: nan
Stage: Seed, Series A, Series B
Location: Indonesia
Website: https://indogencapital.com

11. Gunung Sewu Group

Gunung Sewu Group significantly contributes to Indonesia's economy through diverse ventures in agriculture, finance, and property development.

Sector: nan
Stage: Seed, Series A, Series B, Series C
Location: Indonesia
Website: https://gunungsewu.com

12. OCBC NISP Ventura

OCBC NISP Ventura plays a significant role in fostering entrepreneurship and economic growth in Indonesia by providing vital financial services and support to small and medium enterprises.

Sector: nan
Stage: Seed, Series A, Series B
Location: Indonesia
Website: https://ocbcventura.com

13. Convergence Ventures

Convergence Ventures has played a significant role in catalyzing the growth of Indonesia's digital economy by investing in and supporting innovative technology startups.

Sector: Advertising, Financial Services, Fintech, E-Commerce, Agnostic
Stage: Pre-Seed, Seed, Series A, Series B
Location: Indonesia
Website: https://www.convergencevc.com/

14. Mandiri Capital Indonesia

Mandiri Capital Indonesia plays a significant role in advancing Indonesia's startup ecosystem by providing strategic investment and support to innovative companies.

Sector: nan
Stage: Seed, Series A, Series B
Location: Indonesia
Website: https://mandiri-capital.co.id/en/home

15. Telkomsel Mitra Inovasi

Telkomsel Mitra Inovasi accelerates technological innovation and digital transformation in Indonesia, empowering startups and businesses nationwide.

Sector: Agnostic
Stage: Series A, Series B, Series C
Location: Indonesia
Website: nan

16. Prasetia Dwidharma

Prasetia Dwidharma has significantly contributed to Indonesia's economic growth through strategic investments in technology and infrastructure sectors.

Sector: Agnostic
Stage: Pre-Seed, Seed, Series A
Location: Indonesia
Website: https://prasetia.co.id/investment

17. Agaeti Venture Capital

Agaeti Venture Capital significantly boosts entrepreneurship in Indonesia by investing in early-stage technology startups.

Sector: Agnostic
Stage: Pre-Seed, Seed, Series A
Location: Indonesia
Website: nan

18. EverHaüs

EverHaüs is transforming sustainable housing in Indonesia with eco-friendly, affordable home solutions.

Sector: E-Commerce, Marketplaces, Applications, Enterprise
Stage: Pre-Seed, Seed, Series A
Location: Indonesia
Website: https://ever.haus

19. Ideosource

Ideosource has significantly contributed to the growth of Indonesia's digital ecosystem by investing in innovative tech startups.

Sector: nan
Stage: Seed, Series A
Location: Indonesia
Website: nan

20. Skystar Capital

Skystar Capital has significantly contributed to fostering innovation and entrepreneurship in Indonesia by investing in early-stage tech startups.

Sector: Agnostic
Stage: Seed, Series A
Location: Indonesia
Website: nan

21. Maloekoe Ventures

Maloekoe Ventures catalyzes innovation and entrepreneurship in Indonesia by investing in local startups and fostering sustainable business growth.

Sector: Enterprise
Stage: Seed, Series A
Location: Indonesia
Website: nan

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Conclusion: series a VC firms in Indonesia actively investing in 2024

As Indonesia continues to establish itself as a formidable force in the global startup arena, the role of Series A investors in nurturing this growth cannot be overstated. The investors highlighted in this article have not only injected vital capital into the country's burgeoning startups but have also provided invaluable resources, strategic guidance, and mentorship that have facilitated innovation across diverse sectors such as technology, e-commerce, and fintech. The synergy between these investors and the entrepreneurial talent in Indonesia is undoubtedly reshaping the country's economic landscape, and their contributions are setting a precedent for sustainable growth and technological advancement.

Looking ahead, the robust investment activity witnessed in 2024 is expected to usher in a new era of growth for Indonesian startups. By continuing to align themselves with investors who offer the right blend of financial backing and strategic support, local entrepreneurs can accelerate their journey from nascent ideas to market-leading enterprises. As these partnerships flourish, they will not only elevate Indonesia's position on the global innovation map but also inspire further investment in the region, creating a virtuous cycle of entrepreneurship, economic prosperity, and technological progress.