About PLN
PLN is a company based in Jakarta (Indonesia) founded in 1945. It operates as a Managed Services. PLN offers products and services including New Connection Service, Power Change Service, and Temporary Connection Service.
- Headquarter Jakarta, Indonesia
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pt Pln (Persero)
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
DBS Bank
& 18 more
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Employee Count
Employee Count
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Products & Services of PLN
PLN offers a comprehensive portfolio of products and services, including New Connection Service, Power Change Service, and Temporary Connection Service. 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.
New electricity connections are facilitated through online applications.
Power capacity changes are processed via online requests efficiently.
Temporary electricity connections are provided through online application systems.
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Funding Insights of PLN
- Total Funding Total Funding
- Total Rounds 10
- Last Round Last Round
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First Round
First Round
(26 Feb 2018)
- Investors Count 19
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Grant - PLN | Valuation |
investors |
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| Nov, 2022 | Amount | Debt – Conventional - PLN | Valuation |
investors |
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| Dec, 2020 | Amount | Debt – Conventional - PLN | 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 PLN
PLN has secured backing from 19 investors, including institutional investors. Prominent investors backing the company include DBS Bank, Bank Negara Indonesia and BOC. 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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Infrastructure development services are provided to support international projects.
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Founded Year | Domain | Location | |
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International commercial banking services are provided by Bank of China.
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Founded Year | Domain | Location | |
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Financial and banking services are provided to consumers and corporations.
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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 PLN
| 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 |
Financial Statements - PLN
| 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 |
Pln Comparisons
Competitors of PLN
| 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 Pln
Frequently Asked Questions about PLN
When was PLN founded?
PLN was founded in 1945 and raised its 1st funding round 73 years after it was founded.
Where is PLN located?
PLN is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Who is the current CEO of PLN?
Sofyan Basir is the current CEO of PLN.
What does PLN do?
Electricity distribution and related services are managed by PT PLN (Persero) across Indonesia. The company is engaged in power generation, transmission, and distribution, focusing on reliability and sustainability. Various projects like the 35,000 MW initiative and infrastructure developments such as PLTU Batang and SUTET 500 kV are undertaken. Support is extended to national energy security, industrial efficiency, and community welfare through innovative solutions and digitalization efforts. Collaboration with government and private entities is emphasized to enhance service delivery and infrastructure.
What products or services does PLN offer?
PLN offers New Connection Service, Power Change Service, and Temporary Connection Service.
Who are PLN's investors?
PLN has 19 investors. Key investors include DBS Bank, Bank Negara Indonesia, BOC, OCBC Bank, and United Overseas Bank.