About Lyke
Lyke is a company based in Jakarta (Indonesia) founded in 2015, and was acquired by JollyChic in January 2018. A mobile application is provided for shopping in local stores. Lyke has raised $4 million across 2 funding rounds from investors including JollyChic, Rocket Internet and HV Capital. Its legal entity is Maine Potato Growers, Inc.
Company details
Lyke was founded in 2015 in Jakarta, Indonesia, as a mobile application focused on e-commerce. Local stores are connected to users through the platform, where products from various sellers can be browsed and selected. Sharing of preferred products with friends is also supported. Operations are centered in Indonesia, facilitating local shopping experiences via the app available at lyke.co.id.
- Headquarters Jakarta, Indonesia
- Stage Acquired
- Website lyke.co.id
- Social LinkedIn X
- Acquired by JollyChic (Jan 2018)
- Legal Name Maine Potato Growers, Inc
Funding Insights of Lyke
Lyke has successfully raised a total of $4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4 million completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4M
- Total Rounds 2
- Last Round Series A — $4M
- Investors Count 3
All 2 funding rounds of Lyke with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2016 | $4M | Series A | – | HV Capital | |
| Jun 2015 | Seed | – | Rocket Internet | – |
4 investors in total: 4 institutional.
Investors in Lyke
Lyke has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include JollyChic, Rocket Internet and HV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funding is provided to digital company founders. | hvcapital.com | Munich, Germany | ||
Early-stage VC investments and incubation services are provided. | apacig.com | Singapore, Singapore | ||
Global investments in internet and technology startups are facilitated. | 2006 | rocket-internet.com | Berlin, Germany | |
Multi-category consumer products are retailed online by JollyChic. | 2012 | jollychic.com | Hangzhou, China |
Investor details for Lyke
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Lyke
1 people are tracked at Lyke (1 in leadership).
| Name | Role | Group |
|---|---|---|
Agnez M. | Co-Founder Chief Creative Officer | Leadership |
Complete people profiles for Lyke
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Lyke
4 dated milestones of Lyke across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Lyke is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $4.0M.
- Exit Acquired by JollyChic.
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Related news about Lyke
Complete news archive for Lyke
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Frequently Asked Questions about Lyke
Lyke was founded in 2015.
Lyke is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Lyke is a funded company, having raised a total of $4M across 2 funding rounds to date.
Lyke was founded in 2015 in Jakarta, Indonesia, as a mobile application focused on e-commerce. Local stores are connected to users through the platform, where products from various sellers can be browsed and selected. Sharing of preferred products with friends is also supported. Operations are centered in Indonesia, facilitating local shopping experiences via the app available at lyke.co.id.
Lyke has 4 investors. Key investors include JollyChic, Rocket Internet, HV Capital, and The Asia Pacific Internet Group.
Lyke operates through Maine Potato Growers, Inc.
Yes. Lyke was acquired by JollyChic in January 2018.