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The List Of Indonesian Startups Founded by Women

As someone who has tried to build a business several times, I could confirm the often said quote "Entrepreneurship is not for everyone" - not trying to undermine my self-worth as a woman, I do believe that this applies to both female and male aspiring entrepreneurs.

Here's an interesting insight about Indonesian startups founded by (at least one) woman in the span of 5 years (2015-2020):

Source: The Number of Startups in Indonesia Founded by Women in The Last 5 Years The Product Guy

  • There are 36 female-founded startups in the past 5 years that got at least pre-seed, seed or angel investor funding.

  • 2015 is the year with the highest number of female-founded startup establishments, with 2018 and 2020 were the lowest ones at 3 and 4, respectively.

  • Lemonilo, a healthy groceries commerce, GoWork, a co-working and office space provider, and Pluang, an online investment platform, got Series B Funding in 2015 and 2016.

  • 22% of these startups got Series A Funding, including Ajaib, a financial technology company and Aruna, a fisheries commerce, that got $92.1 million and $35 million, respectively.

Gender equality in Indonesia was once a big issue, considering that in the past women were not even allowed to pursue an education or work, nevertheless make a business and receive funding. Have we finally achieved our desired freedom?

If you are curious "Who are the founders? What industries are they in?" Stay tuned on NIF Instagram page.

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