About Intudo Ventures
Intudo Ventures is a venture capital firm founded in 2017. It is primarily based out of Jakarta, Indonesia. As of Feb 2026, Intudo Ventures is an active investor, having invested in 39 companies, with 1 new investment in the last 12 months. It primarily invests in Series A round in Indonesia based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and FinTech. Most recently it participated in the $***** Series B round of Jago Coffee Overall, Intudo Ventures portfolio has seen 1 unicorn and 2 acquisitions, namely Xendit, OLX and Gredu. A lot of funds co-invest with Intudo Ventures, with names like East Ventures sharing a substantial percentage of its portfolio. Intudo Ventures has team of 10 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Deals in last 12 months
Intudo Ventures' List of Top Investments
Intudo Ventures has a portfolio of 39 companies, one of which is a Unicorn. Their most notable investments are in R Fitness and iSeller.Their portfolio spans across Indonesia, China, Singapore and 2 more locations. They have invested in Consumer, Enterprise Applications, FinTech and 21 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Intudo Ventures:
1. Xendit
Online payment and money transfer platform for businesses. The company serves commerce startups to large enterprises enabling businesses to accept payments, disburse payroll, run marketplaces, and more. Payments can be accepted via multiple channels including direct debit, virtual accounts, credit and debit cards, e-wallets, retail outlets, online installments, and more. Application is made available on Android and iOS platforms.
Key facts about Xendit
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $554M
- Employee Count: 629 as on Apr 30, 2026
- Investors: Tiger Global Management, Wavelaunch and 28 Others
- Latest Funding Round: Series D, Sep 07, 2022, $*****
- Highlight: Editors' Pick
2. Jago Coffee
Internet first brand offering on-demand coffee and drinks. It serves different types of coffee, chocolate beverage, and tea. Also, provides drinks on a mobile convenience cart. It offers mobile applications for Android and iOS platforms.
Key facts about Jago Coffee
- Founded Year: 2020
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $20.5M
- Employee Count: 302 as on Apr 30, 2026
- Investors: Beenext, PT Prasetia Dwidharma and 5 Others
- Latest Funding Round: Series B, Feb 05, 2026, $*****
- Highlight: Editors' Pick
3. Pintu
App-based platform for storing, buying, and selling digital assets and cryptocurrencies. It offers a deposit account, exchange platform, digital wallet for storing and receiving digital assets, and more. The application is available on iOS and Android devices.
Key facts about Pintu
4. Kargo
Online marketplace for freight transportation services. It provides an app and web-based platforms that enable users to search for, compare and book services from its network of partner truckers. Its features include real-time tracking, auto dispatch, and online payments.
Key facts about Kargo
- Founded Year: 2015
- Location: Jakarta (Indonesia)
- Stage: Series B
- Total Funding till date: $38.6M
- Employee Count: 287 as on Apr 30, 2026
- Investors: Innoven Capital, Peak XV Partners and 15 Others
- Latest Funding Round: Series B, Jul 30, 2024, $*****
- Highlight: Editors' Pick
5. OLX
Online listing platform offering second-hand multi-category products. The product catalog includes electronics, vehicles, apartments, pets, services, sports, furniture, and more. The mobile application is available for Android and iOS users.
Key facts about OLX
- Founded Year: 2005
- Location: Gurugram (India)
- Annual Revenue: £1M - £10M as on Jun 30, 2024
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $13.7M
- Employee Count: 508 as on Mar 31, 2026
- Investors: Prosus, Nexus Venture Partners and 9 Others
- Latest Funding Round: Series A, Feb 12, 2019, $*****
- Highlight: Acquired
Intudo Ventures' Year-on-Year Investment Trends
Intudo Ventures has invested in 39 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 4 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Kozystay and most recent follow-on round was in Jago Coffee.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 1 | 1 |
2025 | 3 | 1 | 4 |
2024 | 1 | 1 | 2 |
2023 | 5 | 1 | 6 |
2022 | 6 | 3 | 9 |
2021 | 2 | 3 | 5 |
2020 | 5 | 3 | 8 |
2019 | 5 | 1 | 6 |
2018 | 5 | 1 | 6 |
2017 | 1 | 0 | 1 |
Intudo Ventures' Investments by Stage
Intudo Ventures has made 17 investments in Seed stage with an average round size of $2.52M, 11 investments in Series A stage with an average round size of $6.29M, 4 investments in Series B stage with an average round size of $34M and 1 investment in Series D stage with an average round size of $300M.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Series A | 11 |
Series B | 4 |
Series D | 1 |
Note: We have considered here, only first round of investments
Intudo Ventures' Investments by Sector
Intudo Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Retail and Food and Agriculture. Notably, it has invested in 30 Tech companies, 20 Enterprise (B2B) companies, 16 Consumer (B2C) companies and at least 13 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 12 |
Enterprise Applications | 11 |
FinTech | 8 |
Retail | 6 |
Food and Agriculture | 4 |
Others | 40 |
Note: We have considered here, only first round of investments
Intudo Ventures' Investments by Geography
Intudo Ventures has made most investments in Indonesia (28), followed by Singapore where it has made 2 investments.Country | No. of Investments |
|---|---|
Indonesia | 28 |
Singapore | 2 |
China | 1 |
India | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
Intudo Ventures' recent investments
Intudo Ventures has made 1 investments in 2026 so far - Jago Coffee.Here are the most recent investments by Intudo Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 05, 2026 | Indonesia | Series B | 9541 | [+1] | |
Aug 19, 2025 | Indonesia | Series A | 5358 | [+1] | |
Apr 15, 2025 | Indonesia | Series B | 3879 | [+2] | |
Mar 13, 2025 | Indonesia | Seed | 6620 | [+1] | |
Jan 20, 2025 | Indonesia | Seed | 6641 | - |
Unicorns in Intudo Ventures' Portfolio
Intudo Ventures has 1 unicorn in its portfolio - Xendit. The most recent unicorn in their portfolio is Xendit which became a unicorn in 2021.Here is a list of unicorns in Intudo Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
83 | Online payment and money transfer platform for businesses | 2015 | Jakarta | Series D | mzetrw{ |
Acquired companies in Intudo Ventures' Portfolio
2 companies from Intudo Ventures' portfolio have been acquired. The most recent acquisition was Gredu in Aug 2024 by PINTAR for $*****.Here are Intudo Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 13, 2024 | Jul 08, 2021 | Series A | 1982 | |
Aug 23, 2023 | Jan 22, 2018 | Seed | 1346 |
Team profile of Intudo Ventures
Intudo Ventures has a team of 10 members including 2 Partners and 3 Principals located in Indonesia and United States. Intudo Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in Intudo Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | San Francisco | - | ||
Partner | Indonesia | - | ||
Principal | Jakarta | - | ||
Principal | Jakarta | - | ||
Principal | Jakarta | - |
Co-investors of Intudo Ventures
Over the past 9 years, 195 investors have co-invested in Intudo Ventures's portfolio companies. This includes funds and angels.
- Invested before Intudo Ventures: East Ventures, Goodwater Capital and 52 others have invested in rounds before Intudo Ventures. There are 5 companies where East Ventures has invested before Intudo Ventures and 2 companies where Goodwater Capital has invested before Intudo Ventures.
- Top Co-investors of Intudo Ventures: 83 investors entered a company along with Intudo Ventures. These include investors like East Ventures (4 companies).
- Invested after Intudo Ventures: A total of 58 investors have invested in Intudo Ventures's portfolio after their investments. Top Investors include Tenaya Capital (2 companies), Coca-Cola Europacific Partners (2 companies) and Tunas Toyota (2 companies).
Recent News related to Intudo Ventures
•
Indonesian mobile coffee startup Jago raises $12m series BTech in Asia•Feb 04, 2026•ORZON Ventures, Jago Coffee, Intudo Ventures, Beenext and 2 others
•
•
Indonesian AI-based research startup Populix raises $4.3 million in Series B fundingStartupN•Apr 16, 2025•MSW Ventures, Intudo Ventures, Altos Ventures Management, Acru and 1 other
•
Elevarm Raises Us$4.25m In Pre-series A FundingFinSMEs•Mar 13, 2025•Elevarm, Intudo Ventures, Insignia Ventures Partners, 500 Global and 1 other
•
Nexmedis Secures Funding to Revolutionize Indonesian HealthcareTechNode•Feb 17, 2025•Nexmedis, East Ventures, Forge Ventures, Intudo Ventures and 2 others
•
•
•
Indonesia’s CarbonEthics secures $2.1m for climate solutionsTech in Asia•Sep 18, 2024•CarbonEthics, Intudo Ventures
•
Jago Coffee Receives Series A Funding of 98 Billion RupiahDailysocial•Apr 16, 2024•Jago Coffee, Intudo Ventures, Beenext, ORZON Ventures and 4 others
•
Indonesia’s JALA has raised $13.1M from Intudo to scale up operations across key regions of IndonesiaTechNode•Nov 28, 2023•Jala, Intudo Ventures, SMDV, Mirova and 1 other
