Forbes Indonesia's 30 Promising Growth-Stage Startups

6 months ago . 2 min read
AW
Ardian Wibisono
Author of forbes indonesia
Forbes Indonesia's 30 Promising Growth-Stage Startups
Edy Sulistyo CEO & Founder Loket, Charles Guinot CEO & Founder OnlinePajak, and Jonathan Sudharta CEO & Cofounder Halodoc


Indonesia is emerging as one of the region’s acknowledged players in the digital startup landscape. In addition to having at least four unicorns, the country has a huge population, a growing middle-class, and fast technology adoption capability that offer very promising prospects.

A research done by McKinsey and Company showed that online commerce in Indonesia is already a $8 billion-a-year business that is expected to reach up to $65 billion by 2022.

However, challenges abound and need to be addressed to unlock the huge potential, namely improving and expanding the digital ecosystem, bringing in more players to the business and creating synergy.

As such, Forbes Indonesia held its first Digital Conference on October 1, 2018, at the Fairmont Hotel Jakarta, an international event aimed at helping growth-stage startups to become the next unicorn. The conference also served as a venue for conventional corporations to look into digital transformation and meet with technology entrepreneurs.

At the event, Forbes Indonesia also announced the A-List that consisted of 30 Indonesian promising growth-stage startups. The list celebrates companies that have done a great job in the country’s digital economy. It also attempts to motivate them to work harder to become the next unicorn.

Forbes Indonesia awarded special citations to three growth stage startups on the list: Choice Award 2018 to HaloDoc, Disruptor Award 2018 to Loket, and Innovator Award 2018 to OnlinePajak. The 30 promising growth stage startups and the three special growth stage startups were selected from a pool of entries earlier submitted to Forbes Indonesia and research by the magazine’s editorial team. The honorary judges for the three special citations were, among others, the head of the Indonesian Creative Economy Agency (Bekraf), Triawan Munaf, and Dato’ Sri Tahir, billionaire and philanthropist. Some of the metrics used in the judging process include published growth figures, impact, and follow-up funding.


And here are Forbes Indonesia's 30 Promising Growth-Stage Startups (by alphabetic order):

1. Amartha

Founded: 2010

Industry: Fintech


2. Bizzy

Founded: 2015

Industry: E-Commerce


3. Bridestory

Founded in: 2014

Industry: E-Commerce


4. Cek Aja

Founded: 2013

Industry: fintech


5. Dattabot

Founded in: 2003

Industry: Big Data


6. eFishery

Founded: 2013

Industry: Big Data


7. Fabelio

Founded: 2015

Industry: E-Commerce


8. Halodoc

Founded: 2016

Industry: Healthcare


9. Hijup

Founded: 2011

Industry: E-Commerce


10. IDN Media

Founded: 2014

Industry: Digital Media


11. Investree

Founded: 2015

Industry: Fintech


12. Jojonomic

Founded: 2015

Industry: Fintech


13. Kudo

Founded: 2014

Industry: Fintech


14. Loket

Founded: 2013

Industry: Event Management


15. Midtrans

Founded: 2012

Industry: Fintech


16. Modalku

Founded: 2016

Industry: Fintech


17. Ninja Xpress

Founded: 2015

Industry: Logistics


18. OnlinePajak

Founded: 2014

Industry: Fintech


19. Orami

Founded: 2012

Industry: E-Commerce


20. Orori

Founded: 2002

Industry: E-Commerce


21. Otten Coffee

Founded: 2012

Industry: E-Commerce


22. Pawoon

Founded: 2013

Industry: Fintech


23. Qlapa

Founded: 2015

Industry: E-Commerce


24. Ruangguru

Founded: 2014

Industry: Education


25. Salestock

Founded: 2014

Industry: E-Commerce


26. Sicepat Ekspres

Founded: 2004

Industry: Logistics


27. Tanihub

Founded: 2015

Industry: E-Commerce


28. Tiket.com

Founded: 2011

Industry: Travel


29. Travelio

Founded: 2015

Industry: Travel


30. Uangteman

Founded: 2014

Industry: Fintech

AW
Written By
Ardian Wibisono
Author of forbes indonesia
Topics
Entrepreneurs