About PanenID
PanenID is a company based in Denpasar (Indonesia) founded in 2016 was acquired by Glife in April 2022. It operates as a Two-Sided Marketplace, and AgriTech Models. PanenID offers products and services including Market Access, Standard Procedure, and Fair Pricing. PanenID operates in a competitive market with competitors including Ula, Tridge, PasarMIKRO, Eden Farm and Consentio, among others.
- Headquarter Denpasar, Indonesia
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Sectors
RetailAgriculture
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Email
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Phone
*********
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Website
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Social
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- Legal Name Pt Panen Indonesia Sejahtera
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Products & Services of PanenID
PanenID offers a comprehensive portfolio of products and services, including Market Access, Standard Procedure, and Fair Pricing. 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.
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.
Funding Insights of PanenID
| 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 PanenID
PanenID has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Glife. 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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Food products are distributed by Glife in regional markets.
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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 PanenID
| 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 - PanenID
| 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 |
Panenid Comparisons
Competitors of PanenID
PanenID 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 Ula, Tridge, PasarMIKRO, Eden Farm and Consentio, 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 |
Tech-driven platform for small retailers to manage their working capital and stock
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| domain | founded_year | HQ Location |
Farm products are traded via an online B2B marketplace.
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| domain | founded_year | HQ Location |
An online platform for point-of-sale financing in agriculture is developed.
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| domain | founded_year | HQ Location |
App-based business-to-business marketplace offering fruits and vegetables from farms
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| domain | founded_year | HQ Location |
App-based B2B marketplace for fruits and vegetables is operated.
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| domain | founded_year | HQ Location |
Distribution enabler for crop inputs
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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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Frequently Asked Questions about PanenID
When was PanenID founded?
PanenID was founded in 2016.
Where is PanenID located?
PanenID is headquartered in Denpasar, Indonesia. It is registered at Denpasar, Bali, Indonesia.
What does PanenID do?
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.
Who are the top competitors of PanenID?
What products or services does PanenID offer?
PanenID offers Market Access, Standard Procedure, and Fair Pricing.
Who are PanenID's investors?
PanenID has 1 investor. Key investors include Glife.