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Top 25 Beauty VC Funds & Investors in Indonesia (November 2026)

The most active venture capital funds investing in Indonesia Beauty startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Indonesia Beauty startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
East Ventures
VC Fund
6 Japan, Indonesia, Singapore Seed, Series A, Venture - Series Unknown Software, Information Technology, E-Commerce $165k–$27M
STRIVE
VC Fund
4 Japan, India, Indonesia Seed, Series A, Series B Software, E-Commerce, Internet $500k–$25M
Monk’s Hill Ventures
VC Fund
4 Singapore, Indonesia, Vietnam Series A, Seed, Series B E-Commerce, Information Technology, Financial Services $700k–$20M
Jungle Ventures
VC Fund
4 India, Singapore, Indonesia Series A, Seed, Series B E-Commerce, Software, Financial Services $628k–$45M
Skystar Capital
VC Fund
3 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, FinTech $850k–$60M
AC Ventures
VC Fund
3 Indonesia, Singapore, India Seed, Series A, Series B E-Commerce, Information Technology, Software $963k–$87M
Pegasus Tech Ventures
VC Fund
2 United States, Japan, Indonesia Seed, Venture - Series Unknown, Series A Software, Artificial Intelligence, Health Care $250k–$58M
Antler
VC Fund
2 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
HV Capital
VC Fund
2 Germany, United States, United Kingdom Series A, Seed, Series B E-Commerce, Software, Internet $1.5M–$75M
Init 6
VC Fund
2 Indonesia, Singapore, Pakistan Seed, Pre-Seed, Series A Financial Services, Information Technology, FinTech $1M–$18M
Gojek Xcelerate
VC Fund
1 Indonesia Seed Retail, Apparel, Fashion
Sicepat Express
VC Fund
1 Indonesia Seed Beauty, Cosmetics
Digital Mediatama Maxima
VC Fund
1 Indonesia Seed Beauty, Cosmetics
Teja Ventures
VC Fund
1 Indonesia, Singapore, India Seed, Pre-Seed, Venture - Series Unknown Information Technology, Wellness, Education $250k–$7M
Mantappu Corp
VC Fund
1
Salt Ventures
VC Fund
1 Indonesia, United States Seed, Series A, Pre-Seed Media and Entertainment, Fashion, FinTech $1M–$55M
iSeed
VC Fund
1 India, United States, Singapore Seed, Series A, Pre-Seed Software, Health Care, Financial Services $545k–$15M
Venturra
VC Fund
1 Indonesia, Singapore, Vietnam Seed, Series A, Series B E-Commerce, Financial Services, Health Care $1.2M–$60M
Rakuten Ventures
VC Fund
1 Japan, Singapore, Indonesia Series A, Series B, Seed E-Commerce, Lifestyle, B2B $2.5M–$13M
DSG Consumer Partners
VC Fund
1 India, Singapore, Indonesia Seed, Series A, Series B Food and Beverage, E-Commerce, Health Care $499k–$22M
OSK Ventures International
VC Fund
1 Malaysia, Singapore, Indonesia Venture - Series Unknown, Series A, Seed FinTech, Software, Financial Services $1.2M–$10M
Amand Ventures
VC Fund
1 Indonesia, Singapore, India Seed, Pre-Seed, Series A FinTech, Software, E-Commerce $100k–$20M
XA Network
VC Fund
1 Singapore, Indonesia, United States Seed, Pre-Seed, Series A FinTech, Information Technology, Software $681k–$10M
Unilever Ventures
VC Fund
1 United States, India, United Kingdom Series A, Series B, Seed Health Care, Beauty, E-Commerce $999k–$39M
SWC Global
VC Fund
1 United States, India, Singapore Seed, Series A, Series B SaaS, E-Commerce, Software $2.5M–$33M
Access all 52 VC funds in Indonesia Beauty startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

East Ventures
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Indonesia Beauty startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 722
  • Round size: Seed $173k–$5M; Series A $1.9M–$26M; Venture - Series Unknown $165k–$27M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
  • Tokoshie — Building infrastructure that inspires everyone to create.
  • EveryWill — Every WiLL will hasten the creation of a new logistical infrastructure that addresses social problems, beginning with the "way we receive" our products.
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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Indonesia Beauty startups

STRIVE focuses on investing in early-stage (Seed to Series A) internet and mobile companies. It seeks out companies in Japan, Southeast Asia, and India with top-notch management teams and strong market potential. It is not tied to strategic investments for GREE Inc. and leverages its pan-Asia expertise for guiding its portfolio in an engaged, hands-on role.

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 164
  • Round size: Seed $500k–$4.6M; Series A $1.2M–$14M; Series B $3.2M–$25M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $10B in 2019

Portfolio highlights

  • ASUENE — Asuene involves in clean power retail business, retail SaaS business, etc.
  • Recompound — Nasihat investasi dari Budi Ryan, Penasihat Investasi berizin dan diawasi OJK. Dana tetap di rekening sekuritas atas nama kamu sendiri; fee saat porto menembus titik tertinggi baru.
  • Testsigma — Powerful cloud-based test automation platform that lets you automate tests for web, mobile, desktop apps, and APIs in minutes. Sign up now!
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Monk’s Hill Ventures
VC Fund · Singapore, Central Region, Singapore · 4 investments in Indonesia Beauty startups

We believe in great founders who will change millions of lives through technology.

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Investment focus

  • Industry: E-Commerce, Information Technology, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: Singapore, Indonesia, Vietnam

Investor stats

  • Total investments: 109
  • Round size: Seed $700k–$7.5M; Series A $3.1M–$20M; Series B $6M–$20M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $200M in 2023

Portfolio highlights

  • Elsa — Improve your English speaking skills. Pronounce English like an American through real-world conversations.
  • Blue Whale Energy — Blue Whale Energy empowers businesses to maximize energy storage, driving a smarter, cleaner, and more reliable energy.
  • International Payments Identity — iPiD provides a single global API for real-time payee validation, reducing fraud and ensuring seamless payments across borders. Discover our KYP solutions today.
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Jungle Ventures
VC Fund · Singapore, Central Region, Singapore · 4 investments in Indonesia Beauty startups, 6 in the past 12 months

Jungle Ventures is one of Southeast Asia's largest independent venture capital firms based in Singapore. We invest in early and growth-stage startups in Southeast Asia and India, focused on building category-defining businesses that stand the test of time.

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Investment focus

  • Industry: E-Commerce, Software, Financial Services
  • Stage:Series A, Seed, Series B
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 217
  • Round size: Seed $628k–$6.5M; Series A $3M–$25M; Series B $8.3M–$45M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely still investing — raised $600M in 2022

Portfolio highlights

  • waresix — Segala Informasi tentang Beranda
  • OnebyZero — OnebyZero is a consulting firm that provides artificial intelligence, data infrastructure, and analytic solutions for various businesses.
  • Showroom B2B — SHOWROOM B2B is building the largest B2B “Phygital” platform for India’s $108 Bn fashion industry by connecting Tier 2+ clothing retailers directly with small to mid-scale apparel manufacturers and providing all parties with solutions for distribution, credit, logistics, and marketing.Showroom works on “Touch & Feel” mode of selling where itsunique distribution model ensures that there is almost NO RETURN of products sold. It creates Experience Centres for its retailers which gives them the confidence to buy without any iota of doubt about product quality.Showroom's offerings = Better Margins for Clothing Retailers + Aggressive Growth for Clothing Manufacturers
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Skystar Capital
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Beauty startups

We are Skystar Capital, an early-stage VC firm committed to supporting tech entrepreneurs to create a lasting and profound positive difference in Southeast Asia and Indonesia.

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Investment focus

  • Industry: E-Commerce, Financial Services, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 62
  • Round size: Seed $850k–$5M; Series A $3M–$11M; Series B $6M–$60M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Ledgerowl — From bookkeeping to tax, Ledgerowl is the all-in-one AI powered financial solution that your business can trust.
  • Rekosistem — Rekosistem is a Clean- & Climate-Tech Company that enables circular economy implementation in the waste supply chain by leveraging proprietary waste management operation systems to transform waste into recycled materials and renewable resources.
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AC Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 3 investments in Indonesia Beauty startups

Founded in 2014, AC Ventures is a Southeast Asian venture capital firm that invests in early-stage startups focused on Indonesia and ASEAN, with over US$500 million in assets under management across five funds. The firm’s areas of investment focus on a variety of industries, including digital enablement, financial technologies, agriculture technologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions.

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Investment focus

  • Industry: E-Commerce, Information Technology, Software
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 162
  • Round size: Seed $963k–$7M; Series A $3M–$35M; Series B $12M–$87M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $8M in 2025

Portfolio highlights

  • JULO — JULO provides affordable unsecured personal loan (KTA) exclusively to smartphone users.They strive to provide low cost loan product to the masses while ensuring that it's economically viable to their lender partners. This is achieved by exercising prudent underwriting assessments to ensure that approved applicants are both able and willing topay back.They also reward positive behavior by giving cashback bonus and allowing good customers to borrow a higher amount at lower interest rate at loan maturity.
  • Evo — Social Commerce Software
  • ASTRO — Situs Belanja Kebutuhan Harian Online dengan Harga Terjangkau dan Kualitas Terbaik. Pesan Kebutuhan Harian di ASTRO Pasti Sampai dalam Hitungan Menit
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Pegasus Tech Ventures
VC Fund · San Jose, California, United States · 2 investments in Indonesia Beauty startups

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: United States, Japan, Indonesia

Investor stats

  • Total investments: 345
  • Round size: Seed $250k–$5M; Series A $2M–$21M; Venture - Series Unknown $1.3M–$58M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: Likely actively investing — fresh fund, raised $50M in 2026

Portfolio highlights

  • ABIVIN — Operate your business more efficiently, manage fleets in real-time, save up to 30% logistics costs with Abivin vRoute - Transportation Management System.
  • LINK-US — LINK-US focuses on the contract sales of various devices applying ultrasonic combined vibration and powerful ultrasonic technology. LINK-US designs and manufactures bonding equipment for a wide range of similar and dissimilar metal materials related to room temperature bonding technology using ultrasonic compound vibration and various equipmentthat employs these technologies.
  • AZUL Energy — AZUL Energy is a next-generation energy device that improves air battery performance, develops air battery-related products, and proposes eco-friendly and comfortable new lifestyles. They discovered that a catalyst electrode containing one of these pigments performed better than platinum carbon or existing catalyst electrode materials.
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in Indonesia Beauty startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2394
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$611k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Praktiki — Praktiki is the AI platform for medical education: expert-led, case-based 5-minute modules HCPs love, built in hours and measured for behaviour change.
  • ReportsAI — ReportsAI is an impact operating system that automates data collection and reporting for NGOs and industry to ensure audit-ready compliance.
  • Plouton AI —
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HV Capital
VC Fund · Munich, Bayern, Germany · 2 investments in Indonesia Beauty startups

HV Capital operates as a venture capital firm that invests in technology startups across Europe at all stages, from early seed funding to growth investments. The firm partners with founders to support company development over the long term, providing capital, strategic guidance, and access to its network. HV Capital invests across sectors such as software, fintech, healthcare, and consumer technology, and supports companies throughout multiple funding rounds

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Investment focus

  • Industry: E-Commerce, Software, Internet
  • Stage:Series A, Seed, Series B
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 518
  • Round size: Seed $1.5M–$13M; Series A $3.6M–$35M; Series B $7.5M–$75M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $783M in 2023

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Rivercell — Rivercell develops a proprietary, programmable laboratory data platform alongside an artificial intelligence world model of the human cell to map and analyze therapeutic cellular responses. The integrated framework combines automated longitudinal, multimodal, and perturbational wet-lab testing to collect high-resolution datasets measuring how living tissue changes over time under specific treatments. Its value proposition is centered on serving as a cross-disease discovery engine that accelerates and de-risks drug development by accurately forecasting cellular mutations, clinical efficacy, and treatment resistance in silico.
  • Rabot Energy — Rabot Charge offers intelligent charging management solutions for customers to charge their electric cars at home.
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Init 6
VC Fund · Jakarta, Jakarta Raya, Indonesia · 2 investments in Indonesia Beauty startups

Init 6 is an early-stage startup fund that looks for technical founders with a passion to solve big problems. They understand their challenges and they are not afraid of helping them. The firm was founded in 2020 by co-founders Achmad Zaky and Nugroho Herucahyono (Xinuc) after leaving the company Bukalapak.

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Investment focus

  • Industry: Financial Services, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, Pakistan

Investor stats

  • Total investments: 36
  • Round size: Seed $1M–$18M; Pre-Seed $1.1M–$2.3M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • Netra Runtime — Netra Runtime is a high-performance AI inference platform engineered to deploy and scale large language models with extreme speed and lower operational costs.
  • One% Nutrition — Protein siap minum untuk hari yang sibuk: Protein Water dengan 18g protein bebas gula, Protein Shake dengan 25g protein, dan SuperPuffs yang dipanggang.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Gojek Xcelerate
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Gojek Xcelerate is a StartUp acceleration program that will take participants through a full month of in-class training and intensive 1:1 mentoring sessions designed to help you hack growth. Gojek Xcelerate offers a world-class curriculum with experts from Google Developers Launchpad, McKinsey, UBS Bank, as well as first-hand lessons from the verypeople behind Gojek’s journey in becoming Asia’s SuperApp.

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Investment focus

  • Industry: Retail, Apparel, Fashion
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 10
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Getgo — Make Shopping Experience Less Friction O2O through Mobile Self-CheckOut & Visual Search! Subscribe our content here https://t.co/SBqnjuicdY
  • SARE/studio — Shop chic & conscious sleepwear, loungewear, underwear & gift for women, men & kids. Award winning. Free shipping.
  • TROPE Cosmetics — Shop Waterbased nail colour for clean, easy at-home manicures. Non-toxic, odour-free, peelable and long-lasting. No UV lamp or acetone remover needed.
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Sicepat Express
VC Fund · Jakarta Pusat, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Sicepat Express provides several services to support businesses and puts forward practical solutions for e-commerce. SiCepat Ekspres has branches and outlets spread across cities in Indonesia. The company currently provides last-mile, warehousing and fulfillment, commerce-enabling services, online distribution, and middle-mile logistic.It wasfounded in 2004 and headquartered in Jakarta Pusat, Jakarta Raya.

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Investment focus

  • Industry: Beauty, Cosmetics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NAMA Beauty — Nama Beauty by Luna Maya Beauty in your own way
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Digital Mediatama Maxima
VC Fund · Dki Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Digital Mediatama Maxima is a marketing, advertising, and content management services provider. Their services include hardware rent-out, monitoring, management, troubleshooting, managed service, digital content scheduling, distribution, and update status monitoring.

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Investment focus

  • Industry: Beauty, Cosmetics
  • Stage:Seed
  • Geography: Indonesia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NAMA Beauty — Nama Beauty by Luna Maya Beauty in your own way
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Teja Ventures
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Teja Ventures is a fund focused on the future of consumption in emerging Asia.

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Investment focus

  • Industry: Information Technology, Wellness, Education
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 27
  • Round size: Seed $1.7M–$7M; Pre-Seed $250k–$2.3M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ringkas — Ajukan KPR mu di Platform Ringkas via Digital dan Online, Telah Bekerjasama dengan 25+ Bank Partner
  • Summer — Summer International is a next generation Beauty, Health & Wellness Lifestyle company, headquarted in Los Angeles and South Korea.
  • Grouu Baby Food — Grouu Baby Foodis a gourmet baby food catering for babies aged 6 months and over. Grouu also provides various choices of food textures that can be adapted to the needs of babies at their developmental age.
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Mantappu Corp
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Empowering Indonesia's Creator Economy

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Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Glxssy Beaute — Established in May 2020, our homegrown beauty brand had humble beginnings, starting with the production of lip gloss as a small business venture. Today, we are on the path to becoming a leading local beauty brand, in partnership with Mantappu Corp. Our mission is to create an extensive range of beauty products that accentuate the inner beauty ofeach individual. As a direct-to-consumer (D2C) brand, we are committed to delivering high-quality and accessible cosmetics, empowering everyone to confidently express their unique sense of style.
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Salt Ventures
VC Fund · Senayan, Sumatera Utara, Indonesia · 1 investments in Indonesia Beauty startups

Salt Ventures is a venture capital firm with a focus to invest in and help to cultivate the impactful early to growth-stage companies.

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Investment focus

  • Industry: Media and Entertainment, Fashion, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Indonesia, United States

Investor stats

  • Total investments: 17
  • Round size: Seed $1M–$55M; Series A $13M–$55M
  • Lead/follow: 29% lead, 71% follow

Portfolio highlights

  • Qoala — Asuransi online yang siap melindungi kamu dan orang tersayang, di mana aja, kapan aja. Premi murah, proses klaim mudah, dan 100% digital!
  • Replay — Reprogramming biology by writing and delivering big DNA
  • USS Networks — sneakers, music, fashion, movies, creative
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iSeed
VC Fund · Bangalore, Karnataka, India · 1 investments in Indonesia Beauty startups

iSeed is India's first micro-fund backed by top global founders and investors.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: India, United States, Singapore

Investor stats

  • Total investments: 123
  • Round size: Seed $800k–$6M; Pre-Seed $545k–$3M; Series A $2M–$15M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — raised $15M in 2021

Portfolio highlights

  • Mowito — Fully automated pick'n'drop for groccery stores
  • Fleek — Fleek is a subscription management app that helps you track, manage and split all your subscriptions, in one app. Discover new subscriptions and win cashbacks for renewing. Get The App for Free, Now!
  • Peep Beauty — Peep Beauty is a beauty brand focused on expressive, effortless eye beauty for everyday looks and bold transformations.Its range includes coloured contact lenses and liquid eyeshadows, designed to help customers experiment with their personal style.The brand’s philosophy is centered on redefining beauty through a fresh, expressive lens encouragingpeople to look and feel more like themselves.
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Venturra
VC Fund · Jakarta, Jakarta Raya, Indonesia · 1 investments in Indonesia Beauty startups

Empowering outstanding entrepreneurs across Southeast Asia in creating the next defining technology companies.

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Investment focus

  • Industry: E-Commerce, Financial Services, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Indonesia, Singapore, Vietnam

Investor stats

  • Total investments: 74
  • Round size: Seed $1.2M–$6M; Series A $4M–$12M; Series B $4M–$60M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $150M in 2015

Portfolio highlights

  • FR8Labs — FR8Labs offers a practical freight forwarder solution that includes all of the modules required, without the extraneous trappings of overly sophisticated features that may not use but wind up paying for.
  • Saladin — Saladin is an online platform that provides life, health, automotive, and travel insurance services.
  • Klinik Pintar — Klinik Pintar membantu pasien mendapatkan layanan kesehatan primer terbaik di klinik, rumah, dan kantor.
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Rakuten Ventures
VC Fund · Setagaya, Tokyo, Japan · 1 investments in Indonesia Beauty startups

Rakuten Ventures seeks to invest in IT startups that can lead the competitive digital age from early to growth stages. It also provides access to the global network unique to Rakuten, and supports the investee companies to evolve and grow ahead of the times.

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Investment focus

  • Industry: E-Commerce, Lifestyle, B2B
  • Stage:Series A, Series B, Seed
  • Geography: Japan, Singapore, Indonesia

Investor stats

  • Total investments: 9
  • Round size: Series A $5.4M–$6M; Series B $2.5M–$13M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Base — Personalized skincare formulated
  • BEJEWEL — A new tool that blends your everyday work apps into one. It's the all-in-one workspace for you and your team
  • Honest — Honest Bank is building the future of finance for Asia
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DSG Consumer Partners
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Beauty startups

We are DSG Consumer Partners - India & Southeast Asia's leading consumer-only venture capital fund. We partner with founders in the region to build world-class consumer brands.

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Investment focus

  • Industry: Food and Beverage, E-Commerce, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: India, Singapore, Indonesia

Investor stats

  • Total investments: 183
  • Round size: Seed $499k–$4M; Series A $1.3M–$8M; Series B $4.5M–$22M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $21M in 2026

Portfolio highlights

  • PRUF — Pruf is an India-focused, science-led skincare brand. The brand develops evidence-based products—initially targeting hyperpigmentation—with an emphasis on transparent formulations, testing, and clinical validation.
  • Farmley — Farmley is a direct-from-farm Indian brand delivering the freshest and cleanest dry fruits to the world. Our direct to consumer value chains allow us to deliver : -) High quality, adulteration free products to the end customer at competitive prices -) Drive maximum value to the farmer community by eliminating middlemen
  • Triangle — We route, produce and promote tours across the region.
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OSK Ventures International
VC Fund · Kuala Lumpur, Kuala Lumpur, Malaysia · 1 investments in Indonesia Beauty startups

OSKVI was established in year 2000 and is the venture capital and private equity affiliate of OSK Holdings Berhad. OSKVI was listed on the then Malaysia Exchange of Securities Dealing and Automated Quotation Market (“MESDAQ Market”) (now known as the ACE Market) of Bursa Malaysia Securities Berhad (“Bursa Securities”) on 8 September 2004. The OSKVI Group has an established presence in the private equity and venture capital industry in the region. Since inception, they have successfully invested, nurtured and divested several companies from various industries.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Malaysia, Singapore, Indonesia

Investor stats

  • Total investments: 36
  • Round size: Seed $1.5M–$5M; Series A $1.4M–$7.6M; Venture - Series Unknown $1.2M–$10M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Ouch — Ouch specializes in insurance services in Kuala Lumpur, Malaysia.
  • bythen — bythen enables the production of autonomous 3D avatar bots powered by AI.
  • Endowus — Licensed by MAS. Grow all your money through intelligent investment portfolios built by experts, customised to your goals. Award-winning fee-only wealth platform.
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Amand Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Beauty startups

Amand Ventures is an investment holding company focusing on early stage startup investments.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Indonesia, Singapore, India

Investor stats

  • Total investments: 17
  • Round size: Seed $100k–$3.3M; Pre-Seed $100k–$1.2M; Series A $3M–$20M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Pi-xcels — Eco-friendly NFC digital receipts solution for actionable shopper data and enhanced customer journeys. No App, Just Tap. With one-tap convenience, Pi-xcels unlocks omni-channel marketing opportunities and boosts performance for retailers with our customer intelligence platform.
  • AI Seer — Verify information. Interpret signals. Reduce uncertainty.
  • CredShields — AI-powered audits and continuous pentesting - delivered at machine speed, verified by world-class human pentesters.
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XA Network
VC Fund · Singapore, Central Region, Singapore · 1 investments in Indonesia Beauty startups

XA Network is a highly selective, invitation-only global community for senior technology executives, founders, and investors shaping the future.

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Investment focus

  • Industry: FinTech, Information Technology, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Singapore, Indonesia, United States

Investor stats

  • Total investments: 61
  • Round size: Seed $1.3M–$7.2M; Pre-Seed $681k–$2M; Series A $1.8M–$10M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Datakrew — Datakrew delivers real-time EV battery analytics and AI-powered fleet intelligence. Smarter, safer fleets start here. Explore our solutions.
  • Elita — Store your dog's stem cells with Elita. One-time opportunity to protect their future health and avoid costly surgeries later in life.
  • Mito Health — An AI-Powered medical team dedicated to optimising your health. Focusing on in-depth diagnostics and evidence-based strategies across 5 key pillars of nutrition, sleep, exercise, supplements and mental well-being.
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Unilever Ventures
VC Fund · London, England, United Kingdom · 1 investments in Indonesia Beauty startups, 12 in the past 12 months

Unilever Ventures is the venture capital and private equity arm of Unilever. We support forward-thinking founders who are crafting brands for the modern consumer.

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Investment focus

  • Industry: Health Care, Beauty, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 171
  • Round size: Seed $999k–$5.1M; Series A $3M–$20M; Series B $4.8M–$39M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $401M in 2019

Portfolio highlights

  • Arey — Arey is anti-aging haircare, clinically proven. Our science-backed hair and scalp treatment slows greys and delivers thicker, fuller, healthier hair.
  • Supply6 — Supply6 is the perfect balance of the 6 essential micro and macro nutrients in one wholesome meal.
  • ClayCo. Cosmetics — Beauty Rituals of the world - Luxurious skincare inspired and created using the wisdom and ancient traditions of global cultures.
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SWC Global
VC Fund · 1 investments in Indonesia Beauty startups

SWC Global is an investment firm.

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Investment focus

  • Industry: SaaS, E-Commerce, Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, India, Singapore

Investor stats

  • Total investments: 27
  • Round size: Seed $2.5M–$20M; Series A $5.4M–$16M; Series B $12M–$33M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • iEduGPT — iEduGPT is an AI-powered learning platform based in Singapore that offers personalized, adaptive learning solutions for professional and academic exam preparation. It leverages artificial intelligence to analyze individual learners' strengths and knowledge gaps and create optimized study paths. The platform aims to transform exam preparationby making learning smarter, more efficient, and tailored to each user’s unique needs, covering certifications in finance, academics, and languages.
  • ServAuto — Book trusted car maintenance and upgrades in minutes. ServAuto connects you with verified workshops, genuine parts, and transparent pricing.
  • Aether AI — Aether is building a new class of AI systems that understand mechanisms, reason under intervention, and operate reliably in real-world systems.Aether provides causal World Models for Real-World Intelligence.
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Beauty VC funding in Indonesia at a glance

Stats across 44 deals from 52 investors.

52
investors
in Indonesia Beauty startups
44
deals
in Indonesia Beauty startups
$8M
median round
in Indonesia Beauty startups
42%
lead investors
lead at least one round
34%
Seed
most common funding stage

Access all 52 VC funds in Indonesia Beauty startups.

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