In Jakarta, many creative startups are changing different industries. This list shares the top 8 unicorns in Jakarta, each worth more than $1 billion. These leading companies are changing areas like, fintech, e-commerce, AI, etc, making Jakarta a center of innovation. Learn about the amazing companies that call Jakarta home.
List of Top 8 Unicorns in Jakarta
1. J&T Express
A Southeast Asian logistics company that provides express delivery services.
Company Details:
- Country: Indonesia
- Valuation: $20B
- Industry: Supply chain, logistics, & delivery
- Founded Year: 2015
- Total Funding Raised: $4.653B
- Joined Unicorn Club: 4/7/2021
- Key Investors: Hillhouse Capital Management, Boyu Capital, Sequoia Capital China
- Total Investors: 9
- Total Funding Deals: 3
- Website: https://jet.co.id/
2. Traveloka
Southeast Asian online travel and lifestyle booking platform, offering flights, hotels, and experiences
Company Details:
- Country: Indonesia
- Valuation: $3B
- Industry: Travel
- Founded Year: 2012
- Total Funding Raised: $1.17B
- Joined Unicorn Club: 1/1/2017
- Key Investors: Global Founders Capital, East Ventures, Expedia Inc.
- Total Investors: 8
- Total Funding Deals: 3
- Website: https://www.traveloka.com/en-id
3. Ovo
Indonesian digital payments platform providing financial services, e-money, and online payment systems
Company Details:
- Country: Indonesia
- Valuation: $2.90B
- Industry: Fintech
- Founded Year: 2017
- Total Funding Raised: $116M
- Joined Unicorn Club: 3/14/2019
- Key Investors: Grab, Tokopedia, Tokyo Century Corporation
- Total Investors: 3
- Total Funding Deals: 1
- Website: https://www.ovo.id/
4. Akulaku
Indonesian fintech company providing a range of financial products including loans, virtual credit cards, and insurance
Company Details:
- Country: Indonesia
- Valuation: $2B
- Industry: E-commerce & direct-to-consumer
- Founded Year: 2014
- Total Funding Raised: $455M
- Joined Unicorn Club: 2/15/2022
- Key Investors: DCM Ventures, IDG Capital, Siam Commercial Bank
- Total Investors: 15
- Total Funding Deals: 3
- Website: https://www.akulaku.com/
5. DANA
Indonesian digital wallet and payment platform allowing users to shop, transfer money, and pay bills
Company Details:
- Country: Indonesia
- Valuation: $1.13 B
- Industry: Fintech
- Founded Year: –
- Total Funding Raised: –
- Joined Unicorn Club: 8/10/2022
- Key Investors: Ant Group, Lazada, Sinar Mas Indonesia
- Total Investors: –
- Total Funding Deals: –
- Website: https://www.dana.id/
6. Kopi Kenangan
Indonesian coffee chain that offers affordable gourmet coffee with a mobile-first approach
Company Details:
- Country: Indonesia
- Valuation: $1B
- Industry: Consumer & retail
- Founded Year: 2017
- Total Funding Raised: $233M
- Joined Unicorn Club: 12/27/2021
- Key Investors: Horizons Ventures, Sequoia Capital India, Alpha JWC Ventures
- Total Investors: 13
- Total Funding Deals: 1
- Website: https://kopikenangan.id/
7. Ajaib
Indonesian wealth management platform, allowing users to invest in stocks, mutual funds, and ETFs
Company Details:
- Country: Indonesia
- Valuation: $1B
- Industry: Fintech
- Founded Year: 2018
- Total Funding Raised: $245.22M
- Joined Unicorn Club: 10/4/2021
- Key Investors: Softbank Ventures Asia, Alpha JWC Ventures, Insignia Ventures Partners
- Total Investors: 12
- Total Funding Deals: 1
- Website: https://www.ajaib.co.id/
8. Xendit
Southeast Asian fintech company providing payment solutions for businesses, enabling online transactions and digital payments
Company Details:
- Country: Indonesia
- Valuation: $1B
- Industry: Fintech
- Founded Year: 2014
- Total Funding Raised: $215.01M
- Joined Unicorn Club: 9/14/2021
- Key Investors: Accel, Y Combinator, Amasia
- Total Investors: 8
- Total Funding Deals: 1
- Website: https://www.xendit.co/
Conclusion
In conclusion, the top 8 unicorns we’ve explored are just a glimpse into the many success stories that continue to emerge from Jakarta. As these companies reshape industries and set new standards, Jakarta is sure to secure its place as a global leader in innovation and growth.