# Top 50 Retail VC (Venture Capital) Funds in Indonesia in June 2026 ## East Ventures - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 11 - Stages: Seed, Series A - Focus: Software, Information Technology, Internet East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari. ## AC Ventures - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 6 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Financial Services, Information Technology 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, agriculturetechnologies, logistics, e-commerce, consumer technology, MSME solutions, waste management, renewable energy, and sustainability solutions. ## SMDV - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 4 - Stages: Series A, Seed, Series B - Focus: E-Commerce, Information Technology, Software SMDV sinar mas digital ventures ## Vertex Ventures - Type: VC Fund - Location: Palo Alto, California, United States - Relevant deals: 4 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, SaaS Vertex Ventures US is an early stage VC that backs fearless founders building a smarter digital economy through B2B software. ## Vertex Ventures Southeast Asia & India - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Series A, Series B, Seed - Focus: E-Commerce, SaaS, FinTech Vertex Ventures Southeast Asia and India invests in high-growth start-ups seeking their first round of institutional venture capital funding in Southeast Asia and India, with a primary focus on Singapore, India, Indonesia, Thailand and other emerging hubs of innovation across the region. It has a long and strong track record of investing in early-stage startups and building champions like Grab, Patsnap, 17Live, Nium, FirstCry, Licious, AsianParent, Validus, Warung Pintar, and others. ## Triputra Group - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Supply Chain Management, AgTech, Logistics Berkontribusi untuk bangsa adalah alasan keberadaan kami sejak mulanya, yakni... lahir dari, oleh dan untuk Indonesia. Tentang Triputra Group Ruang untuk Tumbuh Triputra terus berupaya tetap relevan dan memberikan kesempatan sebesar-besarnya bagi para talenta di masa depan untuk berkontribusi bagi ## 640 Oxford - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Logistics, E-Commerce A boutique venture capital firm. ## Javas Venture LLC - Type: VC Fund - Location: Delaware City, Delaware, United States - Relevant deals: 2 - Stages: Pre-Seed, Convertible Note, Seed - Focus: Information Technology, Software, E-Commerce Super Angel Syndication aims to support early stage startup with strategic value and smart capital. ## BEENEXT - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, E-Commerce, Financial Services BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally. ## iSeed - Type: VC Fund - Location: Bangalore, Karnataka, India - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Health Care, Financial Services iSeed is India's first micro-fund backed by top global founders and investors. ## Rebel Fund - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Rebel Fund is powered by an elite team of top Y Combinator alumni partners to support the world's most promising technology startup founders ## LINE Ventures - Type: VC Fund - Location: Shinjuku, Yamanashi, Japan - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, E-Commerce, FinTech LINE Ventures is a venture capital investment firm that invests in games, internet advertising, and flexible investment fields. ## Skystar Capital - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Software, Financial Services 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. ## Argor Capital - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: E-Commerce, FinTech, Mobile Apps Argor Capital is an early stage venture fund focused on the fast growing markets of Southeast Asia. ## Insignia Ventures Partners - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Financial Services, FinTech, Software Insignia Ventures Partners is a venture capital firm that specializes in startup investment. Insignia Ventures Partners is an investment firm managed by a former Sequoia Asia partner, Yinglan Tan. ## Pavilion Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 2 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Information Technology Provides growth equity to market leading companies in the United States and China ## Saison Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, Information Technology They invest in Seed to Series A companies across emerging markets. Although they have a sector agnostic fund mandate, they particularly like to work with founders that are building ecosystems with the potential to distribute financial services to the unbanked. ## Soma Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, FinTech Welcome to Soma Capital ## Prasetia Dwidharma - Type: VC Fund - Location: Jakarta Pusat, Jakarta Raya, Indonesia - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, E-Commerce PT Prasetia Dwidharma was founded in 2008 as a telecommunication infrastructure contractor. The company has started to invest in technology startups since 2013. ## Nordstar - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, FinTech, Financial Services Investing in the Next Generation of Global Businesses ## Beenos Partners - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, Internet, Mobile Beenos is a platform for startups. Our in-house team of entrepreneurs-in-residence and specialists help you get your ideas off the ground. We’re (the) experts in engineering, design, data science, and business management. We know how to launch a company in this ever changing IT industry, and we’d like to help establish and expand your present andfuture business.The company was founded in 1999 as NetPrice.com, a provider of eCommerce services. NetPrice.com established Beenos as an incubation program before ## Irongrey - Type: VC Fund - Location: Seoul, Seoul-t'ukpyolsi, South Korea - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Energy, E-Commerce, Health Care Irongrey is a global investment firm that empowers entrepreneurs in building innovative and disruptive businesses. Irongrey invests in venture capital and PE funds. Irongrey was founded in 2012 and was headquartered in Seoul, Korea. ## Mitsubishi Corporation - Type: VC Fund - Location: Tokyo, Tokyo, Japan - Relevant deals: 1 - Stages: Corporate Round, Series A - Focus: Software, Internet, Transportation Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, living essentials, and environmental business. MC's current activities are expanding far beyond its traditional trading operations asits diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods. ## Pegasus Tech Ventures - Type: VC Fund - Location: San Jose, California, United States - Relevant deals: 1 - Stages: Seed, Series B - Focus: Software, Artificial Intelligence, E-Commerce 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. ## Ventech China - Type: VC Fund - Location: Shanghai, Shanghai, China - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: E-Commerce, Mobile, Retail Ventech Capital was founded in 1998 in France. Ventech is one of the most famous VC funds in Europe and manages four funds. In China, Ventech China manages three funds. Globally, this represents more than USD 1B total asset under management. Ventech China is based in Shanghai. Ventech China 3 is a USD 220 million venture capital fund focused oncommunities, M-commerce, Big Data and Fintech. Its current portfolio companies include Keep, the No.1 fitness training and community app in China, WonderFull, the emerging Japanese product M-commerce platform, Juzi, the leading entertainment news platform, Datawin, the leading big data company in sales leads generation, and Blued, the No.1 gay community app in China. Ventech China is dedicated to growing together with innovative startups and help them to become global leaders in their fields. ## GHARAGE - Type: VC Fund - Location: Hamburg, Hamburg, Germany - Relevant deals: 1 - Stages: Series A - Focus: Retail, Financial Services, E-Commerce Platforms An impact-driven vision and ventures hub re-imagining how we travel. ## Forge Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: SaaS, Software, Artificial Intelligence Forging the future alongside founders in Southeast Asia. ## SWC Global - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: SaaS, FinTech, Food Delivery SWC Global is an investment firm. ## Liquid 2 Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology Liquid2 Ventures provides technology startups with seed-stage investments and is based in San Francisco, California. The firm was founded in 2015 by Joe Montana, Mike Miller, and Michael Ma. ## DSG Consumer Partners - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Food and Beverage, E-Commerce, Health Care 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. ## Aavishkaar Venture Capital - Type: VC Fund - Location: Mumbai, Maharashtra, India - Relevant deals: 1 - Stages: Series B, Series A - Focus: Financial Services, Finance, Banking AGIMDC invests in start ups, transforming NBFCs and mature MFIs. AGIMDC was sponsored by the Dutch fund Goodwell Microfinance Development Company. AGIMDCâ€:tm:s investment managers have extensive experience in private equity and microfinance. ## Ardent Capital - Type: VC Fund - Location: Bangkok, Krung Thep, Thailand - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: E-Commerce, Internet, Software Leading Venture Capital & Builder in Southeast Asia | Experts in E-Commerce, B2B, B2C, Fulfilment Startups | Seed, Series A Funding ## Canaan Valley Capital - Type: VC Fund - Location: Old Greenwich, Connecticut, United States - Relevant deals: 1 - Stages: Seed, Series B, Series A - Focus: E-Commerce, Internet, SaaS Canaan Valley is a venture and growth equity firm that focuses mostly on providing capital to Asia (non-China) cutting edge technology and media companies. The firm partners with early-stage experienced entrepreneurs and thought-leading management teams to accelerate growth and maximize shareholder returns from the venture stage through IPO. Byemploying strong multi-sector experience, bottoms-up research, superior market technology vision, financial strategy, and an extensive network of superior contacts, Canaan Valley has enhanced value creation and financial performance for many of the region's most promising companies. Highlight Growth Equity investments: VerSe Innovation, Market Kurly, Zomato, and Crushmore. Highlight Venture/Early Stage: LocoNav, Jobhop, Tonik, Cleanorigin.com, Migo, Panagara, and Maria Health. ## Sovereign’s Capital - Type: VC Fund - Location: Raleigh, North Carolina, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, FinTech, E-Commerce We provide capital and strategic partnership to values-driven, market-leading companies with potential for outsized returns for all stakeholders. We invest in two market segments: profitable, lower middle market companies (with $10 million to $100 million in revenue, and $2.5 million to $10 million in owner earnings) and promising, early-stagetechnology companies (with $500,000 to $5 million in annual recurring revenue). We are distinct in our capacity to match values-motivated entrepreneurs with values-aligned investors, our ability to hold investments long-term, our willingness to customize solutions to owner needs, and our ability to drive value through disciplined strategic, operational, and financial partnership.We have investment team members based in Silicon Valley, CA; Atlanta, GA; Chattanooga, TN; Raleigh, NC; and Jakarta, Indonesia. ## D Global Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Pre-Seed, Series A - Focus: B2C, Travel, Delivery D Global Ventures is an investment firm. ## JAM Fund - Type: VC Fund - Location: Las Vegas, Nevada, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: E-Commerce, FinTech, Software JAM Fund operates as a venture capital firm investing in visionary founders disrupting large spaces. It is Tinder Founder Justin Mateen's venture capital firm. ## Qualgro VC - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, SaaS, Internet Qualgro is a venture capital (VC) fund based in Singapore that provides funding to tech startups across Southeast Asia, in areas like Data, Software, and AI. ## Lightspeed Venture Partners - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Information Technology, Artificial Intelligence Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends. ## Kapan Lagi Networks - Type: VC Fund - Location: Kuningan, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Series A - Focus: Retail, Fashion, Handmade Trusted Fact-checking News Publisher in Indonesia ## Global Founders Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, Software, FinTech Over the past two decades, GFC have backed over five hundred entrepreneurs worldwide, e.g. Facebook, LinkedIn, Slack, and Away Travel. ## Intrinity Capital - Type: VC Fund - Relevant deals: 1 - Stages: Series A - Focus: Retail, Grocery, Food and Beverage Intrinity Capital is an investment firm. ## Susquehanna International Group - Type: VC Fund - Location: Bala Cynwyd, Pennsylvania, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, Blockchain, Cryptocurrency Discover Susquehanna, a global quantitative trading firm built on a rigorous, analytical foundation in financial markets. ## Goodwater Capital - Type: VC Fund - Location: Burlingame, California, United States - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, Software Consumer Tech Investors - We empower exceptional entrepreneurs everywhere to change the world for good. ## Genesis Alternative Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Debt Financing, Series B - Focus: Food and Beverage, E-Commerce, Apps Genesis Alternative Ventures is SE Asia's leading private venture debt fund providing debt capital to growth-stage companies funded by tier-one venture capital ## Next Billion Ventures - Type: VC Fund - Location: Washington, District of Columbia, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Financial Services, FinTech, E-Commerce A venture capital partnership for emerging markets. ## January Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, FinTech, Software We partner with exceptional technology companies in the Asia-Pacific region, providing flexible capital solutions to amplify their growth ambitions. ## Kopi Kenangan - Type: VC Fund - Location: Jakarta, Jakarta Raya, Indonesia - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Grocery, E-Commerce, Consumer Goods Kopi Kenangan is one of the fastest growing grab-and-go coffee chain in Indonesia. ## Tekton Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: E-Commerce, FinTech, Internet We partner with visionary founders and investors worldwide, offering capital, network, and expertise needed to turn groundbreaking ideas into market leading companies. ## Golden Gate Ventures - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: FinTech, E-Commerce, Financial Services Golden Gate Ventures is a venture capital firm investing across Southeast Asia. Since 2011, the firm has launched four funds, managed US$250M AUM, and invested in 60+ companies in over 7 countries in Asia. The firm focuses on investing in technology companies driven by the rising consumer class in Southeast Asia. ## TNB Aura - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Seed, Series A, Convertible Note - Focus: Information Technology, Retail, Education TNB Aura is a thesis-led venture capital firm headquartered in Singapore, backing future-focused startups across Southeast Asia through data-driven methodologies.