# Mbiz

> Mbiz is an Indonesian business-to-business e-procurement platform, founded in 2015 by the Lippo Group, that digitizes how companies and government institutions buy goods and services. It connects enterprise buyers with a network of certified vendors across categories such as office supplies, IT equipment, electronics and services, while bundling free e-procurement tools including online approval, e-tendering, e-invoicing and inventory tracking. Its sister platform, Mbizmarket, extends the same total-procurement approach to micro, small and medium enterprises.

- **Founded:** 2015
- **Headquarters:** Jakarta, Indonesia
- **Founders:** Ryn Hermawan (Co-Founder & CEO), Andrew Mawikere (Co-Founder)
- **Team size:** ~170-177 employees
- **Products:** Mbiz e-Procurement Platform, Mbiz B2B Marketplace, Mbizmarket
- **Notable:** Launched by Lippo Group in 2016 as one of Indonesia's first dedicated B2B and B2G e-commerce/e-procurement platforms., Raised a US$20M Series B in 2020., Reported helping a multinational client cut its procurement budget by 27% in three months.

## Products & services

- **Mbiz e-Procurement Platform** — An integrated online B2B procurement system for enterprises and government, with free features including online approval, e-tendering, online invoicing, budget control and inventory tracking.
- **Mbiz B2B Marketplace** — A catalog of thousands of products across categories - office supplies, IT and electronics, groceries, services - sourced from certified Indonesian vendors.
- **Mbizmarket** — A B2B marketplace with total e-procurement solutions aimed at micro, small and medium enterprises, including budget control, spending reports, analytics and financing via banks and P2P lenders.

## Achievements

- Launched by Lippo Group in 2016 as one of Indonesia's first dedicated B2B and B2G e-commerce/e-procurement platforms.
- Raised a US$20M Series B in 2020.
- Reported helping a multinational client cut its procurement budget by 27% in three months.
- Extended its model to MSMEs with the launch of Mbizmarket.
- Positioned as a No.1 B2B e-procurement solution in Indonesia.

## Latest updates

- **2020-03** — Mbiz raised a US$20 million Series B funding round.
- **2019** — Launched Mbizmarket, extending total e-procurement solutions to MSMEs.
- **2021** — Investree acquired a partial stake in Mbiz to build SME financing infrastructure.

## Links

- Website: https://mbiz.co.id
- LinkedIn: http://www.linkedin.com/company/mbiz-co-id
- Twitter/X: https://twitter.com/MbizCoId
- Instagram: https://www.instagram.com/mbiz.co.id/
- Facebook: https://facebook.com/Mbizcoid-758160570986481/

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Profile page: https://yespress.io/mbiz-co-id
Published by YesPress — https://yespress.io
Last updated: 2026-07-27