About MATAHARI
MATAHARI is a company based in Tangerang (Indonesia) founded in 2006 was acquired by CVC in April 2010.. MATAHARI has raised $600 million across 2 funding rounds from investors including Mitsui & Co., CVC and Lippo Karawaci. MATAHARI offers products and services including Clothing, Accessories, Beauty Products, and Shoes. MATAHARI operates in a competitive market with competitors including Lazada, Tokopedia, Blibli.com, Bizzy and Ruparupa, among others.
- Headquarter Tangerang, Indonesia
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Sectors
Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$600 M (USD)
in 2 rounds
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Latest Funding Round
$100 M (USD), Series E
Oct 19, 2016
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Investors
Mitsui & Co.
& 2 more
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Employee Count
Employee Count
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Acquired by
CVC
(Apr 06, 2010)
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Products & Services of MATAHARI
MATAHARI offers a comprehensive portfolio of products and services, including Clothing, Accessories, Beauty Products, and Shoes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Apparel items for men, women, and children with various styles.
Items like bags, watches, and jewelry for daily use.
Makeup, skincare, and fragrances for personal grooming.
Range of sneakers, sandals, and boots for different activities.
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Funding Insights of MATAHARI
MATAHARI has successfully raised a total of $600M across 2 strategic funding rounds. The most recent funding activity was a Series E round of $100 million completed in October 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 E — $100.0M
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First Round
First Round
(25 Feb 2015)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Series E - MATAHARI | Valuation | Mitsui |
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| Feb, 2015 | Amount | Series D - MATAHARI | Valuation | Lippo Karawaci |
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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 MATAHARI
MATAHARI has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Mitsui & Co., CVC and Lippo Karawaci. 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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Mezzanine financing and equity investments are provided by CVC.
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Founded Year | Domain | Location | |
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Traditional conglomerate services are provided across multiple sectors by Mitsui.
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Founded Year | Domain | Location | |
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Lippo Karawaci is engaged in real estate and healthcare sectors.
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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 MATAHARI
| 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 - MATAHARI
| 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 |
Matahari Comparisons
Competitors of MATAHARI
MATAHARI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lazada, Tokopedia, Blibli.com, Bizzy and Ruparupa, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multi-category products are sold via an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Multi-category products are offered via an online marketplace platform.
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| domain | founded_year | HQ Location |
An online marketplace for office supplies and inventory is operated.
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| domain | founded_year | HQ Location |
Functions as an online marketplace featuring multi-category products for diverse consumer needs.
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| 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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Latest news on Matahari
Frequently Asked Questions about MATAHARI
When was MATAHARI founded?
MATAHARI was founded in 2006 and raised its 1st funding round 9 years after it was founded.
Where is MATAHARI located?
MATAHARI is headquartered in Tangerang, Indonesia. It is registered at Tangerang, Banten, Indonesia.
Is MATAHARI a funded company?
MATAHARI is a funded company, having raised a total of $600M across 2 funding rounds to date. The company's 1st funding round was a Series D of $500M, raised on Feb 25, 2015.
What does MATAHARI do?
Matahari was established in 2006 in Tangerang, Indonesia, as an online retailer in the e-commerce sector. A diverse product catalog is maintained, encompassing kitchen and dining items, bathroom equipment, home and decor products, bedroom essentials, electronic goods, and clothing with accessories for men, women, and children. Brands such as Ballin, Be-Bob, and Chanira are included among the offerings.
Who are the top competitors of MATAHARI?
MATAHARI's top competitors include Lazada, Tokopedia and Blibli.com.
What products or services does MATAHARI offer?
MATAHARI offers Clothing, Accessories, Beauty Products, and Shoes.
Who are MATAHARI's investors?
MATAHARI has 3 investors. Key investors include Mitsui & Co., CVC, and Lippo Karawaci.
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