About Kejora Capital
Kejora Capital is a venture capital firm founded in 2014. It is primarily based out of Singapore, Singapore. As of Nov 2023, Kejora Capital has invested in 75 companies. It primarily invests in Seed round in Indonesia based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of Bizhare Overall, Kejora Capital portfolio has seen 4 IPOs and 6 acquisitions including key companies like Gushcloud, The Pink Pong and Foundation Healthcare. A lot of funds co-invest with Kejora Capital, with names like Gobi Partners sharing a substantial percentage of its portfolio. Kejora Capital has team of 16 people including 3 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed, Series A & 2 more
Portfolio IPOs
Portfolio Acquisitions
Kejora Capital's List of Top Investments
Kejora Capital has a portfolio of 75 companies. Their most notable investments are in Asa Rén and Snapask.Their portfolio spans across Indonesia, Singapore, South Korea and 4 more locations. They have invested in Consumer, Enterprise Applications, Retail and 23 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by Kejora Capital:
1. Graas
AI-based analytics solutions for e-commerce businesses. The platform provides proprietary AI engine that connects data sources and generates recommendations across marketplaces, D2C websites, CRM, marketing, and the last mile. It also provides insights into product categories, sizes, stock availability, shipping, and exchanges and returns.
Key facts about Graas
- Founded Year: 2022
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1M - 10M as on Dec 31, 2022
- Stage: Series A
- Total Funding till date: $49M
- Employee Count: 271 as on May 31, 2026
- Investors: Integra Partners, Yuj and 6 Others
- Latest Funding Round: Series A, Aug 11, 2025, $*****
- Highlight: Editors' Pick
2. SiCepat
Provider of standard and custom delivery and logistics solutions. The company offers options for various delivery needs, from standard to express services. They provide tools for managing shipments, including tracking and reporting. The business facilitates payment options and support services for its users.
Key facts about SiCepat
3. Snapask
Provider of online tutoring and educational resources for primary and secondary students. It offers 1-on-1 online tutoring, regular classes, intensive courses, and access to video courses and Q&A support. The platform provides bite-sized video lessons, quizzes for concept reinforcement, and homework assistance. Tutors are rigorously screened and possess strong academic credentials. The platform aims to facilitate effective learning at the student's own pace.
Key facts about Snapask
- Founded Year: 2015
- Location: Hong Kong (China)
- Stage: Series B
- Total Funding till date: $50M
- Employee Count: 61 as on May 31, 2026
- Investors: Greater Bay Area Homeland Investments, Plug and Play APAC and 12 Others
- Latest Funding Round: Series B, Feb 26, 2020, $*****
- Highlight: Editors' Pick
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4. Sorabel
Online retailer offering multi-category products. The product catalog includes home improvements, apparel fashion accessories, cosmetics, etc. The company offers brands like Aluna, Hala, Stilo, Dejavu, etc.
Key facts about Sorabel
- Founded Year: 2014
- Location: Jakarta (Indonesia)
- Stage: Deadpooled
- Total Funding till date: $27M
- Employee Count: 424 as on Apr 30, 2026
- Investors: Convergence Ventures, Captii Ventures and 15 Others
- Latest Funding Round: Series B, Aug 27, 2019, $*****
5. Gushcloud
Gushcloud is a marketing solution that helps businesses build brand awareness over social media channels. It mobilizes users who are followed or read by many people over social media platforms like Twitter, to performs tasks desired by brands in their campaigns by sharing, tweeting, blogging, etc. It’s a rewards-based system where the advertising budget goes towards rewarding the users. It was acquired by Korea-based Yello media in May 2015.
Key facts about Gushcloud
- Founded Year: 2011
- Location: Singapore (Singapore)
- Annual Revenue: SGD 0 - 1M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $14.5M
- Employee Count: 160 as on May 31, 2026
- Investors: YG Entertainment, D2C and 12 Others
- Latest Funding Round: Series A, Jan 26, 2021, $*****
- Highlight: Acquired
Kejora Capital's Year-on-Year Investment Trends
Kejora Capital has invested in 75 companies over the last 12 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Bizhare and most recent follow-on round was in SiCepat.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 2 | 0 | 2 |
2022 | 0 | 0 | 0 |
2021 | 1 | 1 | 2 |
2020 | 0 | 0 | 0 |
2019 | 3 | 0 | 3 |
2018 | 2 | 4 | 6 |
2017 | 4 | 0 | 4 |
Kejora Capital's Investments by Stage
Kejora Capital has made 6 investments in Seed stage with an average round size of $4.38M, 6 investments in Series A stage with an average round size of $5.3M, 3 investments in Series B stage with an average round size of $30M and 1 investment in Series C stage with an average round size of $30M.Stage of entry | No. of Investments |
|---|---|
Seed | 6 |
Series A | 6 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Kejora Capital's Investments by Sector
Kejora Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Financial Services and Retail. Notably, it has invested in 59 Tech companies, 37 Enterprise (B2B) companies, 35 Consumer (B2C) companies and at least 24 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 7 |
Enterprise Applications | 5 |
FinTech | 5 |
Financial Services | 3 |
Retail | 3 |
Others | 15 |
Note: We have considered here, only first round of investments
Kejora Capital's Investments by Geography
Kejora Capital has made most investments in Indonesia (11), followed by China where it has made 1 investment.Country | No. of Investments |
|---|---|
Indonesia | 11 |
China | 1 |
Malaysia | 1 |
Singapore | 1 |
South Korea | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Kejora Capital's recent investments
Kejora Capital has not made any investment in 2026 so far.Here are the most recent investments by Kejora Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 21, 2023 | Indonesia | Seed | 2660 | [+2] | |
Feb 01, 2023 | Indonesia | Seed | 1090 | ||
Sep 07, 2021 | South Korea | Series C | 9062 | [+4] | |
Mar 04, 2021 | Indonesia | Series B | 7264 | [+6] | |
Oct 16, 2019 | Malaysia | Series B | 1319 | [+4] |
IPOs and Publicly Listed companies in Kejora Capital's Portfolio
4 of Kejora Capital's portfolio companies have become public. Foundation Healthcare got listed on the Singapore stock exchange. ( SGX), in Jul 2026 at marketcap of $188M and The Pink Pong got listed on the Korea Exchange (KRX) at marketcap of $372M.Here are Kejora Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 08, 2026 | - | - | 6830 | |
Nov 18, 2025 | - | - | 1972 | |
- | - | - | 7798 | |
- | - | - | 1654 |
Acquired companies in Kejora Capital's Portfolio
6 companies from Kejora Capital's portfolio have been acquired. The most recent acquisition was Ravel Innovation in Jun 2022 by Dalberg for $*****.Here are Kejora Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2022 | - | - | 5271 | |
May 19, 2021 | - | - | 6128 | |
Aug 06, 2019 | - | - | 3968 | |
Dec 18, 2015 | - | - | 9470 | |
Dec 18, 2015 | - | - | 9000 |
Team profile of Kejora Capital
Kejora Capital has a team of 16 members including 3 Partners and 8 Principals located in Indonesia, Germany and 1 more location. Kejora Capital's team does not sit on the board of any company as of now.Here is a list of top team members in Kejora Capital:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Singapore | - | ||
Partner | Jakarta | - | - | |
Partner | - | - | ||
Principal | Berlin | - | ||
Principal | Jakarta | - | ||
Principal | Jakarta | - | ||
Principal | - | - | - | |
Principal | - | - | - | |
Principal | - | - | ||
Principal | - | - | ||
Principal | - | - |
Co-investors of Kejora Capital
Over the past 12 years, 117 investors have co-invested in Kejora Capital's portfolio companies. This includes funds and angels.
- Invested before Kejora Capital: Orbit Ventures, Gobi Partners and 27 others have invested in rounds before Kejora Capital. There is 1 company where Orbit Ventures has invested before Kejora Capital and 1 company where Gobi Partners has invested before Kejora Capital.
- Top Co-investors of Kejora Capital: 37 investors entered a company along with Kejora Capital. These include investors like Gobi Partners (2 companies).
- Invested after Kejora Capital: A total of 51 investors have invested in Kejora Capital's portfolio after their investments. Top Investors include DEG (2 companies), InterVest (2 companies) and responsAbility (2 companies).
Recent News related to Kejora Capital
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Former Kejora top brass-founded Maven Asia Capital to hit final close of debut fund soonShareandstocks•Jun 25, 2024•Maven Asia Capital, Kejora Capital
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Bizhare Receives Advanced Funding Led by Kejora Capital and SBI HoldingsDailysocial•Nov 21, 2023•Bizhare, Kejora Capital, SBI Group, Orbit and 2 others
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Asa Ren Pte. Ltd.’s $8.15 Million Pre-Series A Financing RoundGlobal Legal Chronicle•Feb 21, 2023•Allen Gledhill, Top Harvest Capital, Asa Rén, Marcy Venture Partners and 1 other
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Indonesia’s Asa Rén raises $8m to grow D2C genetic testingTech in Asia•Feb 13, 2023•Asa Rén, Top Harvest Capital, Kejora Capital, Marcy Venture Partners and 3 others
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DGNS invests in Asa Ren Pte LtdIDNFinancials•Feb 01, 2023•Diagnos Laboratorium Utama, Asa Rén, Top Harvest Capital, Kejora Capital and 3 others
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SG-headquartered e-commerce startup Graas snags $40m in Series AYuj•Nov 30, 2022•Graas, Integra Partners, Kejora Capital, SPV Investments and 2 others
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Ecommerce Enabler Graas Raises $40m Funding; Acquires Shoptimize, SellinallYourStory•Aug 17, 2022•Graas, Kejora Capital, SPV Investments, Integra Partners and 17 others
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Indonesian point-of-sale firm bags $2.5m from Kejora-SBI Orbit fundTech in Asia•Jan 07, 2022•Olsera, Orbit, Kejora Capital, SBI Group
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Kejora, Sunway launch $25m Malaysia VC fundAsian Venture Capital Journal•Nov 18, 2021•Mavcap, Kejora Capital, Sunway Group
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Sunway Group, Indonesia's Kejora Capital launch US$25mil Orbit Malaysia FundThe Star Online•Nov 17, 2021•Sunway Group, Kejora Capital
