About Tinggal
Tinggal is a company based in Jakarta (Indonesia) founded in 2016. It operates as a B2C. Tinggal has raised $1 million across 1 funding round from investors including Mangrove Capital Partners, Simile Venture Partners and Vikas Saxena. Tinggal operates in a competitive market with competitors including Booking.com, Super, Treebo, HotelTonight and OYO, among others.
- Headquarter Jakarta, Indonesia
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Sectors
Consumer
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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
$1 M (USD)
in 1 rounds
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Latest Funding Round
$1 M (USD), Seed
Feb 29, 2016
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Investors
Mangrove Capital Partners
& 3 more
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Employee Count
Employee Count
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Funding Insights of Tinggal
Tinggal has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in February 2016. 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 1
- Last Round Seed — $1.0M
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First Round
First Round
(29 Feb 2016)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Seed - Tinggal | 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 Tinggal
Tinggal has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Mangrove Capital Partners, Simile Venture Partners and Vikas Saxena. 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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Venture capital investments are directed toward tech sectors.
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Founded Year | Domain | Location | |
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Tech focused seed and early stage VC firm investing in the UK and Germany
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Founded Year | Domain | Location | |
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VS
Vikas Saxena |
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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 Tinggal
| 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 - Tinggal
| 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 |
Tinggal Comparisons
Competitors of Tinggal
Tinggal 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 Booking.com, Super, Treebo, HotelTonight and OYO, 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 |
App-based platform for booking multiple categories of accommodations
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| domain | founded_year | HQ Location |
Online platform for discovering and booking hotel accommodations at discounted prices
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| domain | founded_year | HQ Location |
Standardized budget hotels are operated through an online chain.
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| domain | founded_year | HQ Location |
Last-minute hotel rooms are booked via a mobile app marketplace.
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| domain | founded_year | HQ Location |
Online marketplace for booking accommodations is operated.
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| domain | founded_year | HQ Location |
Tech-enabled services are provided for hotels and short-term rentals.
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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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Latest news on Tinggal
Frequently Asked Questions about Tinggal
When was Tinggal founded?
Tinggal was founded in 2016.
Where is Tinggal located?
Tinggal is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Tinggal a funded company?
Tinggal is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Feb 29, 2016.
What does Tinggal do?
Tinggal, founded in 2016 in Jakarta, Indonesia, focuses on offering hospitality services, accommodation, budget hotels, and branded chains. Operates an asset-light branded budget hotel chain for affordable stays. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Tinggal?
Tinggal's top competitors include Super, OYO and Booking.com.
Who are Tinggal's investors?
Tinggal has 4 investors. Key investors include Mangrove Capital Partners, Simile Venture Partners, Vikas Saxena, and Prafulla Mathur.