About Taralite
Taralite is a Financial Services company based in Jakarta (Indonesia) founded in 2015, and was acquired by OVO Indonesia in March 2019. Working capital loans are distributed through an online lending platform. Taralite has raised $6.3 million across 2 funding rounds from investors including SBI Investment and OVO Indonesia. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its competitors include Ammana, Pin'J and efunding.
Company details
Taralite was established in 2015 in Jakarta, Indonesia, within the fintech sector. An online marketplace is maintained for working capital loans targeted at businesses. Credit scores and risk evaluations are used to determine loan approvals. Funds are disbursed directly into recipients bank accounts. Services are integrated with e-commerce platforms including Tokopedia and Lazada to support operational financing needs.
- Headquarters Jakarta, Indonesia
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website taralite.com
- Social LinkedIn X Facebook
- Acquired by OVO Indonesia (Mar 2019)
- Total Equity Funding$6.3M (USD)
in 2 rounds
- Latest Funding Round$6.3M (USD), Series A
May 2017
- InvestorsSBI Investment
& 1 more
- Acquired byOVO Indonesia
(Mar 2019)
Funding Insights of Taralite
Taralite has successfully raised a total of $6.3M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $6.3 million completed in May 2017. 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 $6.3M
- Total Rounds 2
- Last Round Series A — $6.3M
- Investors Count 1
All 2 funding rounds of Taralite with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2017 | $6.3M | Series A | – | SBI Investment | – |
| Nov 2015 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in Taralite
Taralite has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SBI Investment and OVO Indonesia.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital funds are managed to support unlisted companies' growth. | sbinvestment.co.jp | Minato City, Japan | ||
| ovo-indonesiaku.com |
Investor details for Taralite
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Timeline of Taralite
4 dated milestones of Taralite across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Taralite is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $6.3M.
- Exit Acquired by OVO Indonesia.
Competitors of Taralite
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ammana.id | 2017 | Jakarta, Indonesia | Operates an online P2B Shariah-compliant lending platform for SMEs. | |||
| getpinj.com | 2022 | Jakarta, Indonesia | Provider of closed-loop working capital facilities for gig and B2B workers | |||
| efunding.id | 2016 | Bandung, Indonesia | A Shariah-compliant platform for peer-to-business SME loans. |
Detailed competitors of Taralite
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Frequently Asked Questions about Taralite
Taralite was founded in 2015.
Taralite is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Taralite is a funded company, having raised a total of $6.3M across 2 funding rounds to date.
Taralite was established in 2015 in Jakarta, Indonesia, within the fintech sector. An online marketplace is maintained for working capital loans targeted at businesses. Credit scores and risk evaluations are used to determine loan approvals. Funds are disbursed directly into recipients bank accounts. Services are integrated with e-commerce platforms including Tokopedia and Lazada to support operational financing needs.
Taralite has 2 investors. Key investors include SBI Investment, and OVO Indonesia.
Yes. Taralite was acquired by OVO Indonesia in March 2019.