Indonesia's Startup Momentum: 6 Notable Companies from 2025-2026

Indonesia's startup ecosystem is demonstrating resilience and strategic evolution amidst a global shift towards more discerning venture capital. While overall funding in 2025 saw a decrease from its 2021 peak, totaling US$355.7 million across 91 deals, this trend underscores a maturation of the market, prioritizing capital efficiency and sustainable growth. Jakarta continues to cement its position as a key innovation hub, with the nation ranking third in Southeast Asia for startup funding in 2025, behind Singapore and Vietnam. This dynamic environment is further supported by government initiatives, such as the Indonesia Investment Coordinating Board (BKPM)'s efforts to streamline foreign direct investment, aiming to attract more international startups and capital.

Selection Methodology

This selection focuses on Indonesian startups that have achieved notable funding milestones, significant product launches, or received substantial first-party media coverage within the past 12 months, specifically from late 2025 through early 2026. The companies highlighted represent a cross-section of industries currently attracting significant venture capital interest in Indonesia, reflecting the ecosystem's diverse strengths.

Deep Dive: 6 Notable Indonesian Companies

Kredivo Group

The Deal: A digital credit unicorn, Kredivo Group secured over US$100 million in fresh funding led by Mizuho Bank in December 2025. Further bolstering its financial position, Bank DBS Indonesia increased its channeling financing to Kredivo Group to IDR 3 trillion (approximately US$177 million) in January 2026.

The Innovation: Kredivo Group is a prominent player in Indonesia's fintech landscape, offering digital credit and widely adopted buy now, pay later (BNPL) services. Their platform addresses the need for accessible credit solutions, particularly for consumers in a rapidly digitizing economy.

The Vision: The substantial capital infusion indicates a strategic move to expand its digital credit offerings, deepen market penetration, and potentially explore new financial products or geographies within Southeast Asia, leveraging its robust BNPL infrastructure.

Astro

The Deal: Astro successfully raised US$51.9 million in Series C funding in 2025, demonstrating continued investor confidence in the new retail sector.

The Innovation: Operating in the new retail sector, Astro is at the forefront of modernizing the consumer shopping experience in Indonesia. While specific details of their innovation are proprietary, new retail often involves integrating online and offline channels, leveraging technology for faster delivery, personalized experiences, and efficient inventory management.

The Vision: With Series C funding, Astro is likely focused on scaling its operations, enhancing its technological infrastructure, and expanding its reach across Indonesia, solidifying its position in the competitive new retail market.

Pintarnya

The Deal: Founded in 2022, Pintarnya secured US$16.7 million in Series A funding in August 2025, with East Ventures among the participating investors.

The Innovation: Pintarnya is an HR tech platform specifically designed to connect blue-collar workers with employment opportunities across Indonesia. It serves as a crucial digital bridge, streamlining the job search and hiring process for a significant segment of the workforce.

The Vision: The Series A funding will likely be channeled into expanding its platform's features, reaching more job seekers and employers, and potentially integrating additional services that support blue-collar workers' career development and financial well-being.

Rekosistem

The Deal: Rekosistem, based in Jakarta, raised US$7 million in Series A funding in May 2025, highlighting investor interest in sustainable solutions.

The Innovation: As a climate tech startup, Rekosistem offers digital waste management services to both individuals and businesses in Indonesia. Their approach leverages technology to make waste collection, sorting, and recycling more efficient and transparent, contributing to environmental sustainability.

The Vision: This capital infusion is expected to enable Rekosistem to scale its digital platform, expand its service coverage to more cities and communities, and further develop its technology to optimize waste management processes across the archipelago.

Baskit

The Deal: Baskit announced a US$4.4 million Series A funding round prior to April 2026, indicating strong early-stage investor confidence.

The Innovation: Baskit is a B2B SaaS startup focused on digitizing offline networks in Indonesia and other parts of Southeast Asia. This involves providing technology solutions that empower traditional businesses, often small and medium-sized enterprises (SMEs), to enhance their operations, supply chains, and market reach.

The Vision: With its Series A funding, Baskit is poised to accelerate its platform development, expand its client base among offline businesses, and potentially explore further regional expansion to digitize more traditional networks across Southeast Asia.

MAKA Motors

The Deal: MAKA Motors debuted its first locally designed electric motorcycle, the MAKA Cavalry, in 2025, marking a significant product launch in the burgeoning electric vehicle sector.

The Innovation: MAKA Motors is an electric vehicle startup dedicated to providing electric motorcycles specifically tailored for Indonesian riders. Their focus on local design and market-specific needs addresses the increasing demand for sustainable and efficient transportation solutions in the country.

The Vision: While specific funding rounds were not detailed, the launch of the MAKA Cavalry signals a clear vision to capture a significant share of Indonesia's electric motorcycle market. Future capital will likely support production scaling, R&D for new models, and establishing a robust charging and service infrastructure.

Trend Analysis: The Sector Spotlight

Indonesia's venture capital landscape in 2025-2026 reveals a concentrated focus on several key sectors. Fintech, particularly digital payments and embedded finance, continues to attract substantial investment, as evidenced by Kredivo Group's significant funding. E-commerce enablement and logistics technologies are also high priorities, reflecting the continued growth of digital commerce. There's a notable surge in climate and energy-transition solutions, with companies like Rekosistem demonstrating the potential for impact investing. Enterprise and vertical SaaS, along with AI-driven platforms, are gaining traction as businesses seek greater efficiency and digital transformation. Furthermore, the emergence of local players in the electric vehicle market, such as MAKA Motors, underscores a broader national push towards sustainable infrastructure and technology. Early-stage deals led in volume in 2025, but the majority of capital was concentrated in later stages (Series A-C), capturing 80% (US$290 million), indicating a preference for more mature companies with proven business models.

Conclusion: The Roadmap Ahead

Indonesia's startup ecosystem is in a phase of strategic recalibration, moving towards more sustainable and impactful growth. The companies highlighted exemplify the innovative spirit and diverse opportunities present in the market, from financial inclusion to environmental sustainability and next-generation mobility. With continued government support and a maturing investment landscape, Indonesia is well-positioned to foster its next generation of tech leaders. Which of these innovators do you think will define Indonesia's tech future?