Jakarta, Jakarta Raya, Indonesia Telkomsel Mitra Inovasi is the famous VC, which was founded in 2019. The main office of represented VC is situated in the Jakarta. The company was established in Asia in Indonesia. Telkomsel Mitra Inovasi appeared to be a CVC structure as part of the corporation.
The fund is generally included in 2-6 deals every year. The important activity for fund was in 2019. The usual things for fund are deals in the range of 50 - 100 millions dollars.
For fund there is a match between the country of its foundation and the country of its the most frequent investments - Indonesia. Among the most popular portfolio startups of the fund, we may highlight Kredivo, PrivyID. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. The fund has no exact preference in a number of founders of portfolio startups. Among the most popular fund investment industries, there are Lending, Payments.
The standard case for the fund is to invest in rounds with 3-4 partakers. Despite the Telkomsel Mitra Inovasi, startups are often financed by Jungle Ventures, MDI Ventures, Openspace Ventures. The meaningful sponsors for the fund in investment in the same round are MDI Ventures, Square Peg Capital, Singtel Innov8. In the next rounds fund is usually obtained by Partners for Growth.
Related Funds
Funds with similar focus
| Fund Name | Location |
| Attractor Investors | - |
| BlockFi | Jersey City, New Jersey, United States |
| Brohuvudet | - |
| CEF Holdings Limited | England, United Kingdom, Warwickshire |
| China Ministry of Finance | Beijing, Beijing, China |
| Deya Venture Capital | China, Shanxi, Xizhang |
| dunnhumby Ventures | Boston, Massachusetts, United States |
| East River Capital | New York, New York, United States |
| Fringe81 Co.,Ltd | Japan, Tokyo |
| Global Cleantech Capital | Amsterdam, Noord-Holland, The Netherlands |
| HighSage Ventures | Boston, Massachusetts, United States |
| Isabella Capital | Cincinnati, Ohio, United States |
| Lithia Motors | Medford, Oregon, United States |
| OmniCapital Group | Freehold, New Jersey, United States |
| Robert W. Baird & Co. | Milwaukee, United States, Wisconsin |
| SpeedUP! Europe | Germany, Lübeck, Schleswig-Holstein |
| Talent Capital | China, Shanghai |
| Yinling Capital | China, Shanghai |
| Zhitengda | Bao'an District, China, Guangdong Province |
Notable deals
| Company | Industry | Round Size | Date | Investors | Location |
Zi.Care | $1M | 13 Sep 2023 | Jakarta, Jakarta Raya, Indonesia | ||
Evermos | $39M | 25 May 2023 | Bandung, West Java, Indonesia | ||
Eden Farm Indonesia | $13M | 30 Jan 2023 | Jakarta, Jakarta Raya, Indonesia | ||
PrivyID | $48M | 13 Nov 2022 | Jakarta, Jakarta Raya, Indonesia | ||
PrivyID | $17M | 26 Oct 2021 | Jakarta, Jakarta Raya, Indonesia | ||
Evermos | $30M | 21 Sep 2021 | Bandung, West Java, Indonesia | ||
Feedloop | 02 Aug 2021 | Bandung, West Java, Indonesia | |||
TaniHub | $65M | 21 May 2021 | Jakarta, Jakarta Raya, Indonesia | ||
TADA | 29 Apr 2021 | Jakarta, Jakarta Raya, Indonesia |
– Indonesian social commerce startup Evermos raised $30m in Series B funding.
– The round was led by UOB Venture Management’s Asia Impact Investment Fund II and joined by IFC, MDI Ventures, Telkomsel Mitra Innovation and Future Shape, along with returning investors Jungle Ventures and Shunwei Capital.
– The funding will be used on hiring, enhancing Evermos’ recommendation engine and other AI-based tech, and entering new regions in Indonesia.
– The company says it currently has 100,000 active resellers in more than 500 Tier 2 and Tier 3 cities, mostly in Java. Its goal is to reach more than one million resellers throughout Indonesia over the next five years.
1. You post comments at your own choice and risk. You bear the whole responsibility,related to their substance, content and the fact of publication. We shall not bear anyliability in respect of such comments.
2. While commenting, you shall use only actual, truthful and confirmed data. In thesame time you shall not use vulgar, abusive or defamatory language as well as expresshatred or call to violence or cruelty.
3. We do not intend to delete any comments on the website unless within our “noticeand take down” procedure.
4. We can moderate comments at any time.
5. While commenting, you are under the rule of our website’s terms of use and privacypolicy.
6. We retain our right to delete any comment or any other content of the website at ourwill in case we know or suppose such content is illegal or breaches any lawful right.
Review
- No reviews are submitted yet.
Sign up and get access to full fund profile and advanced analysis.
Full teamIndustries heatmapStages heatmapGeorgaphy breakdownCoinvestorsPortfolio analysisPerformance indexesLatest highlights
Unlock all data Latest deals
| Company | Industry | Round Size | Date | Investors | Location |
Zi.Care | $1M | 13 Sep 2023 | Jakarta, Jakarta Raya, Indonesia | ||
Evermos | $39M | 25 May 2023 | Bandung, West Java, Indonesia | ||
Eden Farm Indonesia | $13M | 30 Jan 2023 | Jakarta, Jakarta Raya, Indonesia | ||
PrivyID | $48M | 13 Nov 2022 | Jakarta, Jakarta Raya, Indonesia | ||
PrivyID | $17M | 26 Oct 2021 | Jakarta, Jakarta Raya, Indonesia | ||
Evermos | $30M | 21 Sep 2021 | Bandung, West Java, Indonesia | ||
Feedloop | 02 Aug 2021 | Bandung, West Java, Indonesia | |||
TaniHub | $65M | 21 May 2021 | Jakarta, Jakarta Raya, Indonesia | ||
TADA | 29 Apr 2021 | Jakarta, Jakarta Raya, Indonesia |
