About Lyke
Lyke is a company based in Jakarta (Indonesia) founded in 2015 was acquired by JollyChic in January 2018.. Lyke has raised $4 million across 2 funding rounds from investors including JollyChic, Rocket Internet and HV Capital.
- Headquarter Jakarta, Indonesia
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- Legal Name Maine Potato Growers, Inc
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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 Total Funding
- Total Rounds 2
- Last Round Series A — $4.0M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2016 | Amount | Series A - Lyke | Valuation | HV Capital | |
| Jun, 2015 | Amount | Seed - Lyke | Valuation | Rocket Internet |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital funding is provided to digital company founders.
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Founded Year | Domain | Location | |
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Early-stage VC investments and incubation services are provided.
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Founded Year | Domain | Location | |
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Global investments in internet and technology startups are facilitated.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lyke
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lyke
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lyke Comparisons
Competitors of Lyke
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Lyke
When was Lyke founded?
Lyke was founded in 2015.
Where is Lyke located?
Lyke is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Lyke a funded company?
Lyke is a funded company, having raised a total of $4M across 2 funding rounds to date.
What does Lyke do?
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.
Who are Lyke's investors?
Lyke has 4 investors. Key investors include JollyChic, Rocket Internet, HV Capital, and The Asia Pacific Internet Group.