E-commerce investors backing startups in Indonesia
11 investors hold two or more e-commerce startups in Indonesia each, 18 portfolio startups in all. The most active here are Endeavor (8), 500 Global (4) and Y Combinator (3). 4 of them are accelerators.
Investors backing startups in Indonesia
| Investor | Startups here | Portfolio rounds, 12 mo | Latest activity |
|---|---|---|---|
 EndeavorAccelerator · United States · Bukalapak, Aruna, Shipper | 8 | 55 | Oct 2026 |
 500 GlobalAccelerator · United States · Bukalapak, Hijup, Proglix | 4 | 35 | Oct 2026 |
 Y CombinatorAccelerator · United States · BukuWarung, Shipper, Proglix | 3 | 255 | Oct 2026 |
 AntlerAccelerator · Singapore · Qonflo, Snef, Arko | 3 | 53 | Nov 2026 |
 Lightspeed Venture PartnersVenture capital · United States · Shipper, Astro | 2 | 86 | Nov 2026 |
 Peak XV PartnersVenture capital · India · Moladin, Astro | 2 | 30 | Oct 2026 |
 Z Venture CapitalVenture capital · Japan · Mekari, Ralali | 2 | 7 | Jun 2026 |
 Pegasus Tech VenturesVenture capital · United States · Bukalapak, Hijup | 2 | 5 | Oct 2026 |
 Quona CapitalVenture capital · United States · BukuWarung, majoo | 2 | 4 | Aug 2026 |
 Finch CapitalVenture capital · Netherlands · Mekari, Tada | 2 | 4 | Jun 2026 |
 Mandiri Capital IndonesiaVenture capital · Indonesia · Bukalapak, Mekari | 2 | – | – |
The most backed startups in Indonesia
| Startup | Investors in this list |
|---|---|
 Bukalapak | 4 |
 Shipper | 3 |
 Astro | 3 |
 Mekari | 3 |
 Tada | 2 |
 Jago Coffee | 2 |
 BukuWarung | 2 |
 Proglix | 2 |
 Hijup | 2 |
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Questions
Who invests in e-commerce startups in Indonesia?
11 investors hold two or more e-commerce startups in Indonesia each, 18 portfolio startups in all. The most active here are Endeavor (8), 500 Global (4) and Y Combinator (3). 4 of them are accelerators.
How is this list built?
From what each investor holds: the portfolio page it publishes, the Y Combinator directory and the announced rounds that name it. An investor counts for Indonesia when at least two of its portfolio companies are based there; the list is rebuilt every night from 2,414 portfolios.