Forbes recently released its 2025 list of Asia's 100 Companies to Watch, with 8 Indonesian startups selected, covering fields such as green building materials, fintech, and environmental services. India led the list with 18 companies, Singapore and Japan with 14 each, China with 9, and Indonesia and South Korea with 8 each.
Selected companies include: 1. BRIK (founded 2022): Provides a direct sales platform for green building materials, has secured $22 million in funding, with clients including property groups like Ciputra; 2. ESB (founded 2018): Develops POS systems for the food and beverage industry, serving 30,000 merchants including Starbucks, with $40 million in funding; 3. Monit (founded 2022): An enterprise expense management platform, secured $2.5 million in Series A funding, with clients including the Ciputra Group.
4. Rekosistem (founded 2021): A digital waste management service provider, total funding of $12 million, partnering with Bluebird to reduce carbon emissions; 5. Ringkas (founded 2022): An AI mortgage comparison platform, secured $5.1 million in funding to help users optimize loan plans; 6. Se'Indonesia (founded 2022): A fast-food chain specializing in traditional smoked meat from East Nusa Tenggara, $9.7 million in Series A funding for expansion.
7. Skor Technologies (founded 2022): A credit score management app, partnering with Mayapada Bank for card issuance, with over $12 million in funding; 8. Torch (founded 2015): An affordable travel accessories brand, invested in by Bukalapak founders, targeting $70 million in revenue by 2029.
Forbes noted that the Asia-Pacific startup ecosystem continues to focus on AI and deep tech, with biotechnology, aerospace, and green tech becoming investment hotspots. The 100 selected companies raised a total of $3 billion in funding, a 50% increase over last year. The performance of Indonesian companies reflects their digital economy potential, especially their innovation in sustainable development and financial inclusion.
Forbes recently released its 2025 list of Asia's 100 Companies to Watch, with 8 Indonesian startups selected, covering fields such as green building materials, fintech, and environmental services. India led the list with 18 companies, Singapore and Japan with 14 each, China with 9, and Indonesia and South Korea with 8 each.
Selected companies include: 1. BRIK (founded 2022): Provides a direct sales platform for green building materials, has secured $22 million in funding, with clients including property groups like Ciputra; 2. ESB (founded 2018): Develops POS systems for the food and beverage industry, serving 30,000 merchants including Starbucks, with $40 million in funding; 3. Monit (founded 2022): An enterprise expense management platform, secured $2.5 million in Series A funding, with clients including the Ciputra Group.
4. Rekosistem (founded 2021): A digital waste management service provider, total funding of $12 million, partnering with Bluebird to reduce carbon emissions; 5. Ringkas (founded 2022): An AI mortgage comparison platform, secured $5.1 million in funding to help users optimize loan plans; 6. Se'Indonesia (founded 2022): A fast-food chain specializing in traditional smoked meat from East Nusa Tenggara, $9.7 million in Series A funding for expansion.
7. Skor Technologies (founded 2022): A credit score management app, partnering with Mayapada Bank for card issuance, with over $12 million in funding; 8. Torch (founded 2015): An affordable travel accessories brand, invested in by Bukalapak founders, targeting $70 million in revenue by 2029.
Forbes noted that the Asia-Pacific startup ecosystem continues to focus on AI and deep tech, with biotechnology, aerospace, and green tech becoming investment hotspots. The 100 selected companies raised a total of $3 billion in funding, a 50% increase over last year. The performance of Indonesian companies reflects their digital economy potential, especially their innovation in sustainable development and financial inclusion.