About Xurya
Xurya is a company based in Jakarta (Indonesia) founded in 2018 by N Edwin Widjonarko and Eka Himawan.. Xurya has raised $109.5 million across 5 funding rounds from investors including Schneider Electric, Mitsui & Co. and Norfund. Xurya offers products and services including Solar Energy Solutions. Xurya operates in a competitive market with competitors including Contained Energy, Weston Energy, Len Industri, Suryanesia and PT PP Energi, among others.
- Headquarter Jakarta, Indonesia
- Founders N Edwin Widjonarko, Eka Himawan
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Xurya Daya Indonesia
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$109.5 M (USD)
in 5 rounds
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Latest Funding Round
$55 M (USD), Series B
Jul 01, 2024
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Investors
Schneider Electric
& 12 more
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Employee Count
Employee Count
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Products & Services of Xurya
Xurya offers a comprehensive portfolio of products and services, including Solar Energy Solutions. 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.
Provides design, installation, and maintenance of solar systems without initial costs.
Funding Insights of Xurya
Xurya has successfully raised a total of $109.5M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $55 million completed in July 2024. 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 5
- Last Round Series B — $55.0M
- First Round First Round
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - Xurya | Valuation | Norfund | |
| Oct, 2022 | Amount | Series A - Xurya | Valuation | Mitsui | |
| Jan, 2022 | Amount | Series A - Xurya | Valuation | East Ventures , Saratoga Investama Sedaya |
| 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 Xurya
Xurya has secured backing from 13 investors, including venture fund and institutional investors. Prominent investors backing the company include Schneider Electric, Mitsui & Co. and Norfund. 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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It invests in developing countries to create jobs and improve lives
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Founded Year | Domain | Location | |
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Early-stage SMEs are invested in by government-operated Swedfund.
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Government agency focused on small and medium-sized businesses
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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 Xurya
| 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 - Xurya
| 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 |
Xurya Comparisons
Competitors of Xurya
Xurya 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 Contained Energy, Weston Energy, Len Industri, Suryanesia and PT PP Energi, 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 |
Distributed solar solutions are developed for users in Indonesia.
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Developer of solar system project and DC converter
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State-owned enterprise developing defense electronics, railway systems, and renewable energy solutions.
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| domain | founded_year | HQ Location |
Solar and wind energy projects are developed in Indonesia.
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| domain | founded_year | HQ Location |
Provides energy solutions in upstream oil, gas, thermal, and renewable sectors.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Xurya
Frequently Asked Questions about Xurya
When was Xurya founded?
Xurya was founded in 2018.
Where is Xurya located?
Xurya is headquartered in Jakarta, Indonesia. It is registered at Jakarta, Jakarta, Indonesia.
Is Xurya a funded company?
Xurya is a funded company, having raised a total of $109.5M across 5 funding rounds to date. The company's 1st funding round was a Series A of $21.5M, raised on Sep 14, 2018.
What does Xurya do?
Xurya was founded in 2018 and is based in Jakarta, Indonesia. Operations focus on the solar energy sector, where turnkey distributed projects are developed and installed for residential and commercial clients. Services encompass design, development, asset management, installation, and commissioning. Operations and maintenance are provided, including recommissioning, monitoring, analysis, repairs, and warranty execution.
Who are the top competitors of Xurya?
Xurya's top competitors include Suryanesia, Contained Energy and Weston Energy.
What products or services does Xurya offer?
Xurya offers Solar Energy Solutions.
Who are Xurya's investors?
Xurya has 13 investors. Key investors include Schneider Electric, Mitsui & Co., Norfund, SSIA, and British International Investment.