jakarta
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The Payment Company That Fits in a Merchant's Apron Pocket
Once called Cashlez, cashUP rebuilt itself around a simple idea: the smallest shop and the biggest retail chain should accept money the same way. Here is how an IDX-listed payments firm is betting its next chapter on hardware, licenses, and a hard turn toward B2B.
ARTOTEL Group
ARTOTEL Group is an Indonesian hospitality company that turns hotels into cultural platforms by pairing hotel design with original work from emerging Indonesian contemporary artists. Founded in 2011 by siblings Erastus and Christine Radjimin, it has grown from a single art hotel into one of Indonesia's largest hospitality operators, managing 100+ properties through four business pillars - Stay, Dine, Play, and Shop - across boutique, midscale, and premium brands.
Fresh Factory
Fresh Factory is an Indonesian smart cold chain fulfillment platform that operates a network of hyperlocal micro cold-storage hubs, transportation, and fulfillment software so food, beverage, and other temperature-sensitive brands can store, pick, pack, and deliver perishable goods to consumers and retailers faster and cheaper. Founded in Jakarta in 2020 and part of Y Combinator's Winter 2022 batch, it functions as an outsourced cold-chain backbone for e-commerce sellers and MSMEs across Indonesia.
Sekilo
Sekilo is a Jakarta-based B2B company building an AI-powered halal protein supply chain for Indonesia's foodservice industry, starting with poultry. Formerly the quick-commerce grocery startup Dropezy (YC W22), it pivoted in 2023 to process and distribute chicken to caterers, restaurant chains, industrial buyers, and processed-meat factories. Sekilo unifies procurement, processing, cold chain, and delivery into a single asset-light operating layer, handling custom orders from 25kg for small caterers up to 10-20 tons for large buyers.
Transfez
Transfez is a Jakarta-based fintech that makes sending money across borders cheaper and faster for Indonesians, letting users move funds to 50+ countries in 26 currencies. Founded in 2019 by Edo Windratno and Bondan Herumurti, it grew from a consumer remittance app into a group that also runs Jack, a business finance platform for corporate cards, international payments, payroll and expense management. Transfez is a Y Combinator W22 company backed by East Ventures and BEENEXT.
FLOQ
FLOQ is an Indonesian crypto asset investment platform, licensed and supervised by the Financial Services Authority (OJK), that pairs cryptocurrency trading with financial education for retail investors. Rebranded in 2025 from PT Kripto Maksima Koin - a former GoTo (Gojek Tokopedia) subsidiary - and led by CEO Yudhono Rawis, the former Tokocrypto chief, FLOQ lets users start investing from as little as Rp1,000, backs it with ISO 27001-certified security, and layers on FLOQ Academy education. In mid-2026 it raised US$11.3 million in its first external funding round and reported more than 1.8 million registered users.
foodspot (PT Klik-eat Indonesia)
foodspot (PT Klik-eat Indonesia) is a Jakarta-based B2B catering and corporate food-service marketplace that connects companies with a network of 2,000+ vetted caterers and restaurants. It handles corporate daily meals, lunch boxes (nasi kotak), buffets (prasmanan), snack boxes and event catering through a single ordering platform, with dedicated menu consultants and consolidated payment. Founded from the earlier Klik-eat venture, the company positions itself as Indonesia's largest corporate catering portal serving Greater Jakarta and Surabaya.
Halodoc
Halodoc is a Jakarta-based digital health platform that lets Indonesians consult licensed doctors, order medicine for home delivery, book lab tests and appointments, and buy insurance from a single mobile app. Founded in 2016 by Jonathan Sudharta and Doddy Lukito, it connects more than 20 million monthly active users with over 20,000 doctors, 4,000+ pharmacies and 1,400+ hospitals, and has raised roughly US$258 million led by Indonesian conglomerate Astra, Temasek and Novo Holdings.
JULO
JULO is an Indonesian fintech company building a digital credit platform that gives emerging and underbanked consumers fast, app-based access to cash loans, paylater, bill payments and installment credit. Founded in 2016 and licensed by Indonesia's Financial Services Authority (OJK), JULO uses machine learning and big data to score creditworthiness in minutes rather than the hours or days a traditional bank takes. By its ninth anniversary in December 2025 the company had disbursed more than USD 1.7 billion in financing to over 3.28 million users across all 38 provinces of Indonesia.
JumpStart Indonesia
JumpStart Indonesia is a Jakarta-based automated retail company that operates the country's largest network of smart, AI-enabled vending machines. Founded in 2018 by CEO Brian Imawan as a single self-serve coffee machine, it has grown into a broad smart-retail platform - coffee bars, snack and merchandise vending, beverage-capsule dispensers, ice cream and gamified machines - with more than 6,500 units across Indonesia. The machines run on cashless, contactless payments and use software to track sales and manage stock, positioning JumpStart as a distribution channel connecting global brands, especially from Japan, with Indonesian consumers.
Kozystay
Kozystay is a Jakarta-based, technology-enabled short-term rental management company and Indonesia's largest player in the flexible-stay segment. It manages more than 1,000 premium apartments and villas across Jakarta, Bandung and Bali on behalf of property owners, handling pricing, bookings, housekeeping, guest communication and maintenance under a profit-sharing model. Founded in 2019 by Dane Putranto and Frans Winarto, the company reached EBITDA breakeven, raised a Series A in 2025 led by Integra Partners with Intudo Ventures and Cercano Management, and acquired Bali villa manager BaliSuperHost to build a nationwide operating platform.
majoo Indonesia
majoo is an Indonesian software-as-a-service company that gives micro, small and medium enterprises (MSMEs/UMKM) an all-in-one cloud platform combining a point-of-sale cashier, inventory, accounting, employee management, CRM, business analytics and an owner app. Founded in Jakarta in 2019, it lets small merchants in food & beverage, retail, services and beauty run and grow their businesses from a single dashboard and sell across offline and online channels.
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.
Catalyst
Catalyst is a Jakarta-based holding company that builds and operates luxury lifestyle e-commerce platforms in Indonesia. It is the company behind Jamtangan.com, the country's leading online-and-offline watch retailer launched in 2014, and voila.id, an Indonesian luxury multibrand fashion destination. Catalyst pairs these consumer brands with an in-house Growth & Tech team that engineers the storefronts, apps, logistics and marketing systems behind them, blending online retail with a growing network of physical flagship and offline stores.
Rekosistem
Rekosistem is a Jakarta-based clean- and climate-tech company that manages Indonesia's fragmented waste supply chain end to end. Through a network of Reko Waste Stations, app-based pickup services, and material recovery hubs, it collects, sorts, and channels waste from households and businesses back into the circular economy. Founded in 2021 by Ernest Layman and Joshua Valentino, the company serves 90,000+ households and 200+ enterprise clients, processes roughly 4,500 tonnes of waste per month, and raised a US$7M Series A in 2025 led by Saratoga Investama Sedaya and K3 Ventures.
Reku
Reku is an Indonesian investment platform that lets everyday users buy, sell and trade cryptocurrency alongside US stocks and ETFs from a single app. Founded in 2017 as Rekeningku.com and rebranded to Reku in 2022, the company positions itself as a low-fee, education-first exchange licensed by Indonesian regulators. It offers spot crypto, crypto futures, staking, OTC services and curated Reku Packs, and turned profitable in 2024 while serving hundreds of thousands of customers.
Rukita
Rukita is an Indonesian proptech company that manages and rents out furnished co-living spaces, apartments, and boarding houses (kost) under a single brand and app. Founded in 2019 in Jakarta, it aims to raise the quality standard of rental housing for Indonesia's young urban professionals by combining standardized, serviced residences with a technology platform that handles booking, monthly payments, maintenance requests, and community events. Rukita operates directly managed units and a wider marketplace of partner properties, and has expanded its ecosystem into property marketing (RuOption) and financing (RuFinance).
Segari
Segari is an Indonesian e-grocery company that sources fresh fruit, vegetables, meat and staple goods directly from farmers and delivers them to urban households in the Greater Jakarta area, typically within 15 hours from farm to table. Founded in 2020, it combines a direct-to-consumer app with a network of neighborhood agents who acquire customers and handle last-mile delivery, aiming to cut out the many layers of Indonesia's traditional agricultural supply chain so consumers get fresher produce at lower prices and farmers get fairer returns.
Telunjuk.com (PT Telunjuk Komputasi Indonesia)
Telunjuk.com, operated by PT Telunjuk Komputasi Indonesia, began in 2012 as Indonesia's shopping search and price-comparison service, aggregating products and promotions from more than 50 e-commerce platforms to help consumers find the best deals. The team turned the data infrastructure behind that consumer product - tens of millions of listings and terabytes of e-commerce data - into Compas.co.id, a B2B market-intelligence and e-commerce enabler platform that helps FMCG brands track online sales, market share, pricing and competitors in real time. Founded by ITB engineering graduates Redya Febriyanto and Hanindia Narendrata, the company raised a Series A from Lippo Digital Ventures in 2015 and was majority-acquired by a subsidiary of PT Diamond Food Indonesia in 2022.
Travelio
Travelio is an Indonesian property-technology company that runs an online marketplace and end-to-end management platform for apartments, houses and villas. Founded in Jakarta in 2015, it lets landlords hand over units for professional management while giving tenants furnished, standardized homes they can book and pay for daily, monthly or annually - including a rare month-by-month payment option in a market that traditionally demands a full year up front. Often called 'Indonesia's Airbnb,' Travelio manages roughly 15,000 exclusive properties across a dozen cities and is expanding into rent-to-own housing.
Private Information (Detective Indonesia)
Private Information - operating as Detective Indonesia under PT. Periskop Integriti Indonesia - is a Jakarta-based private investigation and corporate intelligence firm that has been gathering field verified facts since 2002. It serves companies that cannot afford to make the wrong decision, offering background checks, brand protection and anti-counterfeit programs, surveillance, counter-surveillance, and mystery guest audits across Indonesia, backed by an international network and intelligence-grade confidentiality protocols.