Fundraising Fox

Intudo Ventures

Venture capital

Jakarta · Seed–Series B · 10 people tracked

Also known as Intudo Ventures Pintu · IVM GROUP, LLC

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Investment thesis

Intudo Ventures invests exclusively in Indonesia, marrying Silicon Valley experience with deep local networks and cultural familiarity. The firm is backed by more than 30 Indonesian family conglomerates as LPs. It pursues a concentrated, high-conviction strategy, making a small number of carefully selected bets supported by rigorous due diligence. Intudo emphasizes full support for its founders and their teams, and aims to nurture talented Indonesians to strengthen the country's local digital ecosystem.

Source: firm website, verified Aug 25, 2026.

Stage
Seed–Series B
Check
$845K – $66M
HQ
Jakarta, ID
Leads rounds
Follows
Instruments
Equity
Founded
2017
AUM
$350M
VC funds
9
Tracked investments
31

Team · 10 people

from the firm's website & public directories

What they invest in

from 12 of 31 portfolio companies

Fintech ×4FoodTech ×3AgTech ×2B2B Marketplaces ×2Data & Infrastructure ×2Enterprise Software ×2SaaS ×2AI & Machine Learning ×1

HQs:Indonesia×11Singapore×1

Who they back

founder profiles across 6 portfolio companies

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

Investments · 31 tracked

founders shown can be your intro path

By year:2025 · 12023 · 23 dated

Artotelartotelgroup.com

Artotel Group operates a portfolio of hospitality brands designed to deliver creative and memorable travel experiences globally.

ConsumerTravel & HospitalityWellness & Fitness

Banyu
Belimobilgue
Carbonethics
Coldspacecoldspace.idinMay 2023 · $3.8M

Coldspace is an integrated cold chain logistics company providing temperature-controlled storage, linehaul reefer transport, hyperlocal fulfilment, and end-to-end supply chain services for B2B and B2C clients.

FoodTechLogistics & Supply ChainJakarta, ID

Co-investorsTriputra Group

Common Grounds
Daily Codailyco.com

Multi-brand food & beverage company offering affordable meals across multiple cuisines.

Co-investorsVertex Ventures Sea Management Pte. Ltd.

Delmandelman.ioin𝕏

Delman.io provides a data management and analytics platform that automates reporting, integrates and unifies data, and delivers insights for both technical and business users.

AI & Machine LearningData & InfrastructureHealthtechJakarta, ID

Raymond Christopher Sitorus(Founder)

Elevarmelevarm.comin

Elevarm is an upstream-focused agri-tech company that produces organic fertilizers, seedlings, and biologicals and offers services including soil testing (Klinik Tani), a farming productivity app with financing and land monitoring, and an agri-commodities trading platform (PasarAgri).

AgTechB2B MarketplacesImpact & Social Good

Febi Agil Ifdillah(Founder)inBayu Syerli(Founder)in

Co-investors500 GlobalInsignia Ventures Partners

Emq
ErudiFierudifi.comin

Erudifi provides education financing solutions for students in emerging markets.

EdTechFintechSingapore, SG

Susli Lie(Founder)inNaga Tan(Founder)in

Co-investors500 GlobalAC VenturesQualgroTaurus VenturesThirdstream PartnersY Combinator+1 more

Halodoc

Co-investorsAllianz XOpenspace Ventures

Hijra
iSellerisellercommerce.cominJan 2023 · $12M

iSeller is a point-of-sale and e-commerce platform that lets businesses sell both in-store and online, with features for inventory management and accepting multiple payment types.

E-commerceRetail TechSaaSIndonesia, ID

Co-investorsAppWorks VenturesIndogen CapitalOpenspace Ventures

Jago
Jalajala.techin𝕏

JALA operates an integrated supply chain platform for shrimp farming and distribution in Indonesia, connecting farmers, processors, and buyers with technical support, feed, post-larvae, and logistics services.

AgTechB2B MarketplacesFoodTech

Aryo WiryawanFarid InawanHanry ArioHanry Ario PrestiantoLiris Maduningtyas(Founder)inJohn Lotto

Co-investors500 GlobalBlue Revolution Investments G.P.The Yield Lab Asia PacificUntroD CapitalThe Yield Lab

Kargo
Kozystaykozystay.com

Co-investorsIntegra Partners

Nalageneticsnalagenetics.com

Co-investorsAC VenturesAngelCentralIntegra Partners

Pallav Technologies
Pasarpolispasarpolis.io
PinHomepinhome.id

Pinhome operates an online property marketplace in Indonesia for buying, selling, and renting homes, apartments, offices, and shophouses, connecting buyers with vetted agents, banks, notaries, and contractors and offering mortgage (KPR) facilitation.

FintechMarketplacesPropTech

Co-investorsCapria VenturesInsignia Ventures Partners

Pintar
Pintupintu.co.idin𝕏

Pintu is an Indonesian cryptocurrency exchange app licensed and supervised by the Financial Services Authority (OJK), letting users buy and trade digital assets such as Bitcoin, Ethereum, Tether, Solana, and Ripple.

Crypto & Web3Fintech

Co-investorsCoinbase VenturesPantera Capital

Populixpopulix.coin𝕏Apr 2025

Populix is a research and consumer insights platform that provides survey tools, respondent panels, and data-driven studies on consumer behavior, industry trends, and public sentiment.

Data & InfrastructureEnterprise SoftwareSaaS

Eileen K.(Founder)in

Co-investorsAcrew CapitalGobi PartnersMSW VenturesQuest VenturesAltos VenturesPegasus Tech Ventures

Sermorpheus
Slice
Suryanesia
Visinema
Xenditxendit.coin𝕏

Xendit provides payments infrastructure for global companies and local businesses in Southeast Asia, offering direct integrations with over 100 local payment methods.

FintechJakarta, ID

Moses Lo(Founder/CEO)inBo Chen(Founder/CTO)inJuan Gonzalez(Founder/Principal Software Engineer)in

Co-investors01vcAC VenturesAccelCoatue ManagementEast VenturesGMO VenturePartners+9 more

Yummy Corpyummycorp.com

Yummy Corp provides tailored food facility management services including daily catering, food court operations, and custom branded outlets for corporates, offices, schools, and hospitals in Indonesia.

Enterprise SoftwareFoodTechJakarta, ID

Mario Suntanu(Founder)in

Co-investorsAC VenturesAgaeti VenturesAppWorks VenturesQuest VenturesAppWorksBRI Ventures+3 more

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Intudo Ventures made?
Intudo Ventures has 30 tracked investments, including 1 dated in the last 24 months.
What stage does Intudo Ventures invest at?
Intudo Ventures invests at the Seed, Series A, Series B stages.
What is Intudo Ventures's typical check size?
Intudo Ventures typically writes checks of $845K – $66M.
What sectors does Intudo Ventures focus on?
Intudo Ventures focuses on AgTech, Consumer, Crypto & Web3, EdTech, Enterprise Software, Fintech, Marketplaces, Media & Entertainment, Retail Tech.
Where is Intudo Ventures located?
Intudo Ventures is headquartered in Jakarta, ID.
Does Intudo Ventures lead rounds?
Intudo Ventures typically participates in rounds rather than leading them.
Who does Intudo Ventures co-invest with?
Intudo Ventures most often shares deals with 500 Global, AC Ventures, Insignia Ventures Partners, among 36 tracked co-investors.

Media · Podcasts & interviews

featuring the team

#94: Venturing into Indonesia & Building Future Trends with Intudo Ventures' Eddy Chan

Geeks Of The Valley · Eddy Chan

Why is Indonesia so special? Listen in to Eddy Chan, Managing Partner at Intudo Ventures..

Go Get' EM · Eddy Chan

Images

Intudo Ventures photoIntudo Ventures photo

Co-investors · 6

500 Global

500 Global (formerly 500 Startups) is a venture capital firm whose flagship Silicon Valley strategy backs promising technology companies from pre-seed onward across a range of sectors and geographies.

Both backed · 3
$150K
Pantera Capital

Pantera Capital is a blockchain and cryptocurrency-focused investment firm that pioneered early crypto funds in the U.S., offering exposure through venture equity, early-stage tokens, and liquid tokens.

Both backed · 1
$5M – $100M
Lightspeed Venture Partners

Lightspeed is a global venture capital firm that has spent over two decades backing innovative companies as an early and first investor.

$1.7M – $87M
BEENEXT

BEENEXT is a global venture firm built around a community of founders and investors, having backed around 180 companies across 17 countries and 5 continents.

$500K – $50M
Lightspeed India Partners

Lightspeed India focuses on solving India-specific problems rather than copying U.S. or China playbooks, invests mostly at the seed and Series A stage but can offer much larger follow-on funding through its global platform, and writes checks from about $1 million to $100 million across India and Southeast Asia using the same fund. The firm also provides dedicated in-house support in areas like talent, leadership, and M&A, has added experienced operators such as former Boat CEO Vivek Gambhir and Gojek cofounder Kevin Aluwi as venture partners, prefers secondary share sales over IPOs as its main way of returning capital, and sees India's biggest AI opportunity in application-layer tools and upgrading IT and BPO work rather than building foundational AI infrastructure.

Unanimous Capital

Unanimous Capital is an early-stage venture firm that backs founders solving meaningful problems and helps them scale their ideas into market-disrupting companies.

Firms observed investing alongside Intudo Ventures, from public investor directories. Shared companies are the overlap with Intudo Ventures's recorded portfolio.

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