Ajaib - About the company
Ajaib is a series B company based in West Jakarta (Indonesia), founded in 2018 by Kevin Lee, Winston Lays, Anderson Sumarli and Yada Piyajomkwan. It operates as an Online investing platform for stocks and mutual funds. Ajaib has raised $245M in funding from investors like Y Combinator, DST Global and Horizons Ventures, with a current valuation of $1B. The company has 211 active competitors, including 18 funded and 34 that have exited. Its top competitors include companies like Groww, Freetrade and Upstox.
Sectors and market segments that Ajaib operate in
Ajaib serves in the FinTech market segments.The primary business model of Ajaib is:Company Details
Ajaib is an online investing platform for stocks and mutual funds. It provides tools to assist in risk management, rebalancing, portfolio management, financial goals management, stock alerts, and more. The app is available for Android and iOS devices.
- Website
- ajaib.co.id
- Email ID
- *****@ajaib.co.id
- Phone Number
- +62 **********
Key Metrics
Founded Year
2018
Location
West Jakarta, Indonesia
Stage
Series B
Total Funding
$245M in 5 rounds
Latest Funding Round
Post Money Valuation
$1B as on Oct 04, 2021
Investors
Ranked
5th among 211 active competitors
Employee Count
931 as on Jul 31, 2026
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Ajaib's funding and investors
Ajaib has raised a total funding of $245M over 5 rounds. Its first funding round was on Aug 22, 2018. Its latest funding round was a Series B round on Oct 04, 2021 for $153M. 8 investors participated in its latest round. Ajaib has 12 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Ajaib:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 04, 2021 | $153M | Series B | $1B | - | ||
Mar 29, 2021 | $65M | Series A | - | - | ||
Jan 05, 2021 | $25M | Series A | $400M | - |
View details of Ajaib's funding rounds and investors
Ajaib's founders and board of directors
Founder? Claim ProfileThe founders of Ajaib are Kevin Lee, Winston Lays, Anderson Sumarli and Yada Piyajomkwan. Anderson Sumarli is the CEO of Ajaib.
Here are the details of Ajaib's key team members:
- Kevin Lee: Co-Founder of Ajaib. They are also an angel investor in 4 startups and serve on the boards of 2 companies.
- Winston Lays: Co-Founder & CTO of Ajaib and founder of 1 other company.
- Anderson Sumarli: Co-Founder & CEO of Ajaib. Contact Info: 1 email address
- Yada Piyajomkwan: Co-Founder & CPO of Ajaib. Contact Info: 1 email address and 1 phone number
View details of Ajaib's Founder profiles and Board Members
Ajaib's employee count trend
Ajaib has 931 employees as of Jul 26. Here is Ajaib's employee count trend over the years:
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Ajaib's Competitors and alternates
Top competitors of Ajaib include Groww, Freetrade and Upstox. Here is the list of Top 10 competitors of Ajaib, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of an online platform for investments and trading services | $596M | 89/100 | ||
2nd | Freetrade 2015, London (United Kingdom), Acquired | App-based stock market trading platform | $165M | 79/100 | |
3rd | Broker-based online trading and investment platform | $220M | 77/100 | ||
4th | Scalable Capital 2014, Munich (Germany), Series F | Provider of a digital investment and brokerage platform | $550M | 76/100 | |
5th | Online investing platform for stocks and mutual funds | $245M | 76/100 | ||
6th | Webull 2016, New York City (United States), Acquired | Broker-based online trading platform | $194M | 74/100 | |
7th | App-based investment platform for gold, crypto, and mutual funds | $123M | 74/100 | ||
8th | Tastytrade 2011, Chicago (United States), Acquired | Online platform publishing content focusing on investment | $60.4M | 73/100 | |
9th | Etrade 1982, Jersey City (United States), Acquired | Online brokerage platform offering investment opportunities in various financial assets | - | 70/100 | |
10th | Provider of an application for stock and crypto asset trading | $140M | 69/100 |
Looking for more details on Ajaib's competitors? Click here to see the top ones
Ajaib's Investments and acquisitions
Ajaib has made no investments or acquisitions yet.
Reports related to Ajaib
Here is the latest report on Ajaib's sector:
News related to Ajaib
Media has covered Ajaib for 1 event in last 1 year.
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Ajaib sees 50% boost in retail investors in 7 months despite sluggish marketTech in Asia•Jul 06, 2023•Ajaib
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Indonesian unicorn Ajaib to ramp up stake in Bank Bumi Arta to over 50%Shareandstocks•May 11, 2022•Ajaib, Bank Bumi Arta
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Indonesia’s innovative startups are the catalyst for increasing investmentKrASIA•Feb 22, 2022•Bukalapak, Ajaib, JD.id
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SoftBank-backed Ajaib pours $52m into Indonesian bankTech in Asia•Nov 22, 2021•Ajaib, Bank Bumi Arta
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Fintech funding deals globally 4 OctoberFinTech Futures•Oct 11, 2021•Devoted Health, CoinSwitch, Ajaib, Sky Mavis and 1 other
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Ajaib Goes Long On $153m Series BGlobal Corporate Venturing•Oct 05, 2021•Ajaib, SoftBank Ventures Asia, DST Global, Ribbit Capital and 5 others
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