About Ringkas
Ringkas is a company based in Jakarta (Indonesia) founded in 2021 by Yoko Simon, Leroy P, and Ilya Kravtsov.. Ringkas has raised $10.9 million across 4 funding rounds from investors including Kadan Capital, East Ventures and Crestone Venture Capital. Ringkas operates in a competitive market with competitors including Infinid, Gradana, Sikat Abis and OBX Mortgage Group, among others.
- Headquarter Jakarta, Indonesia
- Founders Yoko Simon, Leroy P, Ilya Kravtsov
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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
$10.9 M (USD)
in 4 rounds
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Latest Funding Round
$5.1 M (USD), Seed
May 21, 2025
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Investors
Kadan Capital
& 10 more
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Employee Count
Employee Count
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Software Development Team
2 people
Co Team
1 people
Finance and Accounting
1 people
Product Management Team
1 people
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Funding Insights of Ringkas
Ringkas has successfully raised a total of $10.9M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $5.1 million completed in May 2025. 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 4
- Last Round Seed — $5.1M
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First Round
First Round
(31 May 2022)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Ringkas | Valuation |
investors |
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| Jun, 2024 | Amount | Seed - Ringkas | Valuation |
investors |
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| May, 2023 | Amount | Seed - Ringkas | Valuation | East Ventures , Crestone Venture Capital |
| 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 Ringkas
Ringkas has secured backing from 11 investors, including venture fund investors. Prominent investors backing the company include Kadan Capital, East Ventures and Crestone Venture Capital. 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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Early-stage venture capital investing in fintech and AI sectors across Southeast Asia and beyond.
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Founded Year | Domain | Location | |
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Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
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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 Ringkas
| 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 - Ringkas
| 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 |
Ringkas Comparisons
Competitors of Ringkas
Ringkas 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 Infinid, Gradana, Sikat Abis and OBX Mortgage Group, 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 |
Mortgage loans are facilitated through an online lending platform.
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| domain | founded_year | HQ Location |
Mortgage down payments are financed via P2P lending platform.
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| domain | founded_year | HQ Location |
Operates a platform for comparing loans and mortgages.
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| domain | founded_year | HQ Location |
Operates an online marketplace for diversified residential mortgage loans.
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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 Ringkas
When was Ringkas founded?
Ringkas was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Ringkas located?
Ringkas is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Ringkas a funded company?
Ringkas is a funded company, having raised a total of $10.9M across 4 funding rounds to date. The company's 1st funding round was a Seed of $3.5M, raised on May 31, 2022.
What does Ringkas do?
Ringkas was founded in 2021 in Jakarta, Indonesia, as a provider of a digital platform focused on home loans within the fintech sector. Homebuyers are connected to banks and financial institutions through online application submissions, instant pre-qualification checks, and agent support during the process. Tools for estimating loan amounts and monthly installments are also offered to facilitate the journey toward homeownership. Operations are centered in Indonesia.
Who are the top competitors of Ringkas?
Ringkas's top competitors include Infinid, Gradana and Sikat Abis.
Who are Ringkas's investors?
Ringkas has 11 investors. Key investors include Kadan Capital, East Ventures, Crestone Venture Capital, 500 Global, and Teja Ventures.