🦊/Investors

Intudo Ventures

Venture capital

Jakarta · Seed–Series B · 10 people tracked

Also known as Intudo Ventures Pintu · IVM GROUP, LLC

Find your way into Intudo Ventures

4,523 people in our graph share verified history with the Intudo Ventures team — schools, employers, funds. One of them is your warm intro.

Jen Wangunlockedknows Inca Camilla · together at PwC (overlapped)
×2knows the team · via PwC
knows the team · via Ey
knows the team · via Armada
×4knows the team · via Goldman Sachs
×2knows the team · via Morgan Stanley Investment Management
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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 Sep 15, 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
41
Unicorns
1

Team · 10 people

from the firm's website & public directories

What they invest in

from 25 of 41 portfolio companies

Fintech ×8FoodTech ×6SaaS ×6Consumer ×4Enterprise Software ×4AgTech ×3AI & Machine Learning ×3B2B Marketplaces ×3

HQs:Indonesia×18Singapore×2Hong Kong×1

Who they back

founder profiles across 11 portfolio companies
36%
solo founders
4 of 11 mapped founding teams
23%
repeat founders
of 22 founders with career history

Founding team size:solo founder×42 founders×23 founders×34+ founders×2

Where their founders studiedfrom 22 founders with education data

University of California, Berkeley ×5Universitas Gadjah Mada ×2

What their founders studiedfrom 20 founders with field-of-study data

Computer Science ×8Economics ×4Business & Management ×2Finance & Accounting ×2Politics & Policy ×2

Where their founders worked beforefrom 22 founders with career history

Goldman Sachs ×3Citadel LLC ×2EMQ Inc. ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×2

2 founders hold a PhD · 3 hold an MBA (of 23 with degree data)

Investments · 41 tracked

founders shown can be your intro path

By year:2025 · 32024 · 12023 · 62022 · 22020 · 32018 · 116 dated

Alamialamisharia.co.idinOct 2023

Alamisharia is an Islamic peer-to-peer lending platform that connects borrowers and lenders through a Sharia-compliant mobile application.

Fintech

Co-investorsAC VenturesAgaeti VenturesCapria Ventures

Artotelartotelgroup.com

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

ConsumerTravel & HospitalityWellness & Fitness

Banyubanyu.farmSeed · Jan 2025 · $1M

Banyu supplies Eucheuma Spinosum, a carrageenan-rich seaweed harvested in Indonesia and sold as raw material for food, cosmetics, and pharmaceutical processing.

AgTechBiotechClimate TechFoodTechNew Materials

Carbon Ethicscarbonethics.coinSeed · Sep 2024 · $2M

CarbonEthics develops nature-based carbon projects focused on ecosystem restoration, particularly in blue carbon environments, combining climate finance with regulatory expertise to generate high-integrity carbon credits.

CleantechClimate TechImpact & Social GoodUnknown from page, ID

Co-investorsSpiral Ventures

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

Ivan Liadi, PhD(Founder)in

Co-investorsTriputra Group

Common Groundscommongrounds.co.id

Common Grounds operates a chain of cafes serving specialty coffee, fresh food, all-day dishes, pastries, and cocktails.

ConsumerE-commerceFoodTechJakarta, ID

Daily Codailyco.com

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

Co-investorsVertex Ventures Sea Management Pte. Ltd.

Delmandelman.ioin𝕏Seed · Jun 2020 · $2M

Delman offers a self-service analytics platform that generates interactive, customizable dashboards with real-time data from sales, marketing, operations, or finance datasets.

AI & Machine LearningData & InfrastructureDeep TechEnterprise SoftwareHealthtechSaaSJakarta, ID

Raymond Christopher Sitorus(Founder)inSurya Halim(Co-founder)inTheo Budiyanto(Co-founder)inRaymond Christopher(Co-founder)in

Elevarmelevarm.cominSeed · Mar 2025 · $4M

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

Emqemq.comin𝕏

EMQ operates a global payments network with last-mile endpoints that banks can integrate to enable cross-border money transfers and automate payment processes.

Enterprise SoftwareFintechFuture of WorkImpact & Social GoodSaaS

Genevieve LiinJohn KanginMax Liu(Chief Executive)in

Co-investors500 GlobalAppWorks Ventures

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+2 more

Health Growthhalodoc.com

Jonathan Sudharta(Founder)in

Co-investorsAcrew CapitalAllianz XOpenspace Ventures

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

iSelleriseller.idinJan 2023 · $12M

iSeller offers a cloud-based point-of-sale system and business management tools for retailers and restaurants, running on Android, iOS, and Windows devices.

FintechRetail TechSaaS

Co-investorsMandiri Capital IndonesiaKasikornbankOpenspace Ventures

Jago Coffeejagocoffee.cominSeed · Oct 2022 · $2M

Jago provides mobile coffee retail to neighborhood vendors in Indonesia, enabling street sellers to offer quality fresh coffee at affordable prices to mass market consumers.

B2B MarketplacesConsumerFoodTechMarketplacesRetail TechIndonesia, SG

Yoshua Tanuin

Co-investors500 GlobalBEENEXT

Jalajala.techin𝕏Series A · Dec 2023 · $13.1M

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 WiryawaninFarid InawaninHanry ArioHanry Ario PrestiantoLiris Maduningtyas(Founder)inJohn Lottoin

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

Kargo Technologieskargo.techin

Kargo Technologies provides a digital logistics platform that integrates shippers with a network of transporters and drivers in Indonesia.

Logistics & Supply ChainSaaSJakarta, ID

Tiger Fang(Founder)in

Co-investorsAC VenturesAgaeti VenturesAlter GlobalAppWorks VenturesCapria VenturesTenaya Capital

Konsersermorpheus.comin

Konser is an Indonesian company running a platform that combines NFT trading with metaverse environments.

Cloud ComputingCrypto & Web3

Andri RonaldoinBudi Sukmana(Founder)inKenneth Tali(Founder)in

Co-investors500 Global

Nalageneticsnalagenetics.com

NalaGenetics offers non-invasive DNA tests (via cheek swab or saliva) that assess health, nutrition, cancer risk, and lifestyle traits, using microarray and qPCR technology with algorithms tailored to Southeast Asian genetic diversity.

BiotechDigital HealthHealthtech

Co-investorsAC VenturesAngelCentralIntegra Partners

Pallav Technologiespallav.techin

Pallav provides AI-powered credit analysis tools that help financial institutions approve more loans while managing risk.

AI & Machine LearningFintech

Co-investorsVynn Capital

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

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 VenturesLightspeed Venture PartnersPantera Capital

Populixpopulix.coin𝕏Apr 2025

Populix is an Indonesian consumer insights and market research company that connects businesses, startups, MSMEs, multinational companies, academics, and policymakers with targeted respondent panels across Indonesia.

ConsumerData & InfrastructureEnterprise SoftwareGovTechMarketing TechMedia & EntertainmentSaaS

Eileen K.(Founder)in

Co-investorsAcrew CapitalGobi PartnersMSW VenturesQuest VenturesAltos VenturesPegasus Tech Ventures

Sliceslice.id

Slice is a creator analytics platform that uses data to help marketers plan, report on, and run influencer campaigns.

AdTechAI & Machine LearningCreator EconomyMarketing Tech

Co-investorsBlume Ventures

Suryanesiasuryanesia.comSeed · Dec 2022 · $2M
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+11 more

Yummypideyummy.comin𝕏Sep 2020 · $12M

Yummy is a super app for Latin America that lets users order food, groceries, transportation, pharmacy items, drinks, fashion, electronics, and event services for on-demand delivery.

Logistics & Supply ChainMarketplacesMobility & Transportation

Vicente Zavarce(Founder)in

Co-investorsFlucas VenturesAppWorksCollide CapitalPalm Drive CapitalQuest VenturesSovereigns Capital Venture+1 more

Yummy Corpyummycorp.cominSep 2020 · $12M

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+5 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

BelimobilgueDailycoHalodocHijraJagoKargoKozystayNI0PasarpolisPintarSermorpheusSlice GroupVisinema

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Intudo Ventures made?
Intudo Ventures has 41 tracked investments, including 3 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, AppWorks Ventures, among 41 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.

$150K
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.

Both backed · 1
$1.7M – $87M
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
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.

Both backed · 1
$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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