About MG Group
MG Group is a company based in Jakarta (Indonesia) founded in 2000 was acquired by Creador in January 2025.. MG Group offers products and services including B2B Distribution Platform.
- Headquarter Jakarta, Indonesia
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Sectors
Travel & Hospitality
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Email
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Phone
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Website
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Social
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Products & Services of MG Group
MG Group offers a comprehensive portfolio of products and services, including B2B Distribution Platform. 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.
Technology platform connecting hospitality buyers and sellers for efficient distribution
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Funding Insights of MG Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Private Equity Round - MG Group | Valuation |
investors |
| 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 MG Group
MG Group has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Creador, Northstar Group and RajaKamar.com. 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 firm focused on early-stage investments
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Founded Year | Domain | Location | |
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Investment firm focusing on partnerships in consumer, healthcare, and business services across Southeast Asia and India.
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Founded Year | Domain | Location | |
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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 MG Group
| 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 - MG Group
| 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 |
Mg Group Comparisons
Competitors of MG Group
| 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 Mg Group
Frequently Asked Questions about MG Group
When was MG Group founded?
MG Group was founded in 2000 and raised its 1st funding round 16 years after it was founded.
Where is MG Group located?
MG Group is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
What does MG Group do?
Founded in 2000 and based in Jakarta, Indonesia, MG Group operates in the travel technology sector. An online B2B hotel booking platform is offered to travel agents, including white-label solutions for Sabre room deals. Wholesalers are enabled to manage subagents through additional white-label tools. XML API access is provided for wholesalers and suppliers to integrate content into reservation systems. Booking reports and real-time inventory management are also supplied to partners.
What products or services does MG Group offer?
MG Group offers B2B Distribution Platform.
Who are MG Group's investors?
MG Group has 3 investors. Key investors include Creador, Northstar Group, and RajaKamar.com.
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