About PanenID
PanenID is a Retail company based in Denpasar (Indonesia) founded in 2016, and was acquired by Glife in April 2022. Agricultural buyers and suppliers are connected through an online marketplace. It operates on a Two-Sided Marketplace and AgriTech Models model in Retail and Agriculture sectors. PanenID offers products and services including Market Access, Standard Procedure, and Fair Pricing. Its focus areas include Sustainable Farming and Supply Chain Management. Its legal entity is PT Panen Indonesia Sejahtera. Its competitors include Ula, PasarMIKRO and Eden Farm; 3 of its 3 listed competitors have raised funding.
Company details
Sustainable agriculture supply chain management is facilitated by PanenID. Farmers are directly connected to end users such as hotels, restaurants, and catering services. Efficient delivery of agricultural products is ensured through optimized supply chain processes. Knowledge sharing about market demands in quantity and quality is offered. Standardized farming procedures using best practices are implemented. Fair pricing based on production costs is maintained to ensure farmers profitability. The focus is on smallholder farmers in Indonesia within the agricultural sector.
- Headquarters Denpasar, Indonesia
- Stage Acquired
- SectorsRetailAgriculture
- Email••••••••
- Phone•••• ••••
- Website panen.id/index.html
- Social X Facebook
- Acquired by Glife (Apr 2022)
- Legal Name Pt Panen Indonesia Sejahtera
Products & Services of PanenID
PanenID offers a comprehensive portfolio of products and services, including Market Access, Standard Procedure, and Fair Pricing.
Farmers are connected directly to end customers efficiently.
Farmers' procedures are standardized using proven best practices.
Fresh produce is bought at fair production-based prices.
Investors in PanenID
PanenID has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glife.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Food products are distributed by Glife in regional markets. | 2018 | glifefoods.com | Singapore, Singapore |
Investor details for PanenID
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Timeline of PanenID
2 dated milestones of PanenID across 6 years, from founding to its latest funding, stage changes and deals.
- Founded PanenID is founded.
- Exit Acquired by Glife.
Competitors of PanenID
PanenID has 3 listed competitors in our database, 3 of them funded. They include Ula, PasarMIKRO and Eden Farm.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ula.app | 2020 | Jakarta, Indonesia | $140.6M | Tech-driven platform for small retailers to manage their working capital and stock | ||
| pasarmikro.id | 2020 | Jakarta, Indonesia | $2.5M | An online platform for point-of-sale financing in agriculture is developed. | ||
| edenfarm.id | 2017 | West Jakarta, Indonesia | $34.25M | App-based business-to-business marketplace offering fruits and vegetables from farms |
Detailed competitors of PanenID
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Frequently Asked Questions about PanenID
PanenID was founded in 2016.
PanenID is headquartered in Denpasar, Indonesia. It is registered at Denpasar, Bali, Indonesia.
Sustainable agriculture supply chain management is facilitated by PanenID. Farmers are directly connected to end users such as hotels, restaurants, and catering services. Efficient delivery of agricultural products is ensured through optimized supply chain processes. Knowledge sharing about market demands in quantity and quality is offered. Standardized farming procedures using best practices are implemented. Fair pricing based on production costs is maintained to ensure farmers profitability. The focus is on smallholder farmers in Indonesia within the agricultural sector.
PanenID's top competitors include Ula, Eden Farm and PasarMIKRO.
PanenID offers Market Access, Standard Procedure, and Fair Pricing.
PanenID has 1 investor. Key investors include Glife.
PanenID operates through Pt Panen Indonesia Sejahtera.
Yes. PanenID was acquired by Glife in April 2022.