About Modalku
Modalku is a company based in Jakarta (Indonesia) founded in 2016.. Modalku has raised $66.2 million across 8 funding rounds from investors including Norfund, Maybank Philippines and Alteriqcapital. Modalku has completed 2 acquisitions, including Buana Sejahtera Group and Multidana. Modalku operates in a competitive market with competitors including Funding Societies, Validus, Alami Sharia, Komunal and Capital Match, among others.
- Headquarter Jakarta, Indonesia
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Sectors
Financial Services
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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
$66.2 M (USD)
in 8 rounds
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Latest Funding Round
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Investors
Norfund
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
Buana Sejahtera Group
& 1 more
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Funding Insights of Modalku
Modalku has successfully raised a total of $66.2M across 8 strategic funding rounds. 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 8
- Last Round Last Round
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First Round
First Round
(19 Apr 2016)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Debt – Conventional - Modalku | Valuation |
investors |
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| Nov, 2023 | Amount | Debt – Conventional - Modalku | Valuation |
investors |
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| Sep, 2023 | Amount | Debt – Conventional - Modalku | 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 Modalku
Modalku has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Norfund, Maybank Philippines and Alteriqcapital. 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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It invests in developing countries to create jobs and improve lives
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Founded Year | Domain | Location | |
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Entrepreneurs are supported by a technology-empowered multi-family office.
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Founded Year | Domain | Location | |
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Diversified investment portfolios are managed for various clients.
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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 Modalku
Modalku has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Buana Sejahtera Group and Multidana. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Auto loans are provided to customers in Indonesia.
|
2012 | ||||
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Multiple sectors are invested in by this private equity firm.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Modalku
| 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 |
Modalku Comparisons
Competitors of Modalku
Modalku 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 Funding Societies, Validus, Alami Sharia, Komunal and Capital Match, 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 |
Business loans are provided via a P2P marketplace platform.
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| domain | founded_year | HQ Location |
A P2P platform for business loans is operated.
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| domain | founded_year | HQ Location |
Online P2P lending marketplace offering diversified loans to businesses
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| domain | founded_year | HQ Location |
Digital banking services are provided for rural communities in Indonesia.
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| domain | founded_year | HQ Location |
Business loans are matched online for working capital and invoices.
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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 Modalku
Frequently Asked Questions about Modalku
When was Modalku founded?
Modalku was founded in 2016.
Where is Modalku located?
Modalku is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Modalku a funded company?
Modalku is a funded company, having raised a total of $66.2M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $27M, raised on Apr 19, 2016.
What does Modalku do?
Founded in 2016 and based in Jakarta, Indonesia, Modalku operates in the fintech sector as a peer-to-peer marketplace for business loans. Customized terms, amounts, and repayment options are enabled for lenders and borrowers. Services include microloans, invoice financing, and additional products. Loan applications are submitted with required details, followed by approval and transfer of funds to registered bank accounts.
Who are the top competitors of Modalku?
Modalku's top competitors include Funding Societies, Validus and Alami Sharia.
How many acquisitions has Modalku made?
Modalku has made 2 acquisitions, including Buana Sejahtera Group, and Multidana.
Who are Modalku's investors?
Modalku has 11 investors. Key investors include Norfund, Maybank Philippines, Alteriqcapital, Aument Capital, and Orange Bloom.
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