Which Impact Investors are the Most Active in Indonesia?

15 most active impact investors in Indonesia over the last six months.

Using data from Investing in Impact Directory, we have generated this list of impact investors that have been active in Indonesia in the last six months. Our definition of active considers only the number of investments made and less about the total capital poured into the ecosystem. We have arranged the list in alphabetical order.

1. Accelerating Asia

Country of origin: Singapore
Number of deals in the last six months: One
Deals: KaryaKarsa (Digital works and services platform for content professionals)

2. Accion Venture Lab


Country of origin: US
Number of deals in the last six months: Two
Deals: MyRobin.ID (End-to-end job platform), Pintek (An education fintech platform)

3. ADB Ventures


Country of origin: Philippines
Number of deals in the last six months: One
Deals: Wagely (Earned Wage Access platform)

4. Aqua Spark


Country of origin: The Netherlands
Number of deals in the last six months: One
Deals: eFisheries (Smart feed tech for fish and shrimp farming)

5. Bali Investment Club

Country of origin: Indonesia
Number of deals in the last six months: One
Deals: BukaPO (Social commerce platform for micro and small businesses)

6. Circulate Capital


Country of origin: Singapore
Number of deals in the last six months: One
Deals: Reciki (Waste management)

7. C4D

Country of origin: The Netherlands
Number of deals in the last six months: One
Deals: Green Rebel (Plant-based protein products producer)

8. Impact Investment Exchange (IIX)

Country of origin: Singapore
Number of deals in the last six months: One
Deals: Crowdo (P2P lending)

9. Moonshot Ventures and YCAB Ventures (co-managing the Indonesian Women Empowerment Fund)

Country of origin: Singapore
Number of deals in the last six months: Nine
Deals: Keyta (Keyboard app), TransTRACK (Fleet Telematics System Integrator), Shoplinks (Offline marketing & loyalty platform), Lakuliner (Cloud kitcher operator), Farmacare (Pharmacy management software), Eateroo (F&B marketplace), Sustaination (Sustainable lifestyle platform), BintanGo (Fan & celebs engagement platform) & Pod (Micro savings app).

10. New Energy Nexus Indonesia



Country of origin: Singapore/US
Number of deals in the last six months: Three
Deals: Xurya (Solar panel application), SolarKita (Solar panel application), RPRE (renewable energy solutions)

11. Patamar Capital


Country of origin: Singapore/US
Number of deals in the last six months: One
Deals: AyoConnect (API platform)

12. Phitrust

Country of origin: Singapore/Thailand
Number of deals in the last six months: One
Deals: Green Rebel (Plant-based protein products producer)

13. Quona Capital

Country of origin: US
Number of deals in the last six months: Three
Deals: Alami (Sharia P2P lending), Majoo (Business solutions SaaS), KoinWorks (P2P lending)

14. Triodos Investment Management


Country of origin:The Netherlands
Number of deals in the last six months: One
Deals: KoinWorks (P2P lending)

15. UOB Venture Management


Country of origin: Singapore
Number of deals in the last six months: Two
Deals: Pluang (Fin-Tech specialising in digital micro-savings and micro-investment products), Evermos (Social commerce platform)

Disclaimer: This list is not meant to be exhaustive and several transactions would have happened without being publicly disclosed. 

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