B2B E-Commerce · Indonesia, India

Best B2B E-Commerce Companies in Indonesia

Updated 2026-06-23 · Ranked by funding & momentum

73 indexable B2B E-Commerce companies headquartered in Indonesia, ranked by total equity funding and recent funding momentum. Combined disclosed equity funding of $753.4M across 19 funded companies.

73
Companies
$753.4M
Total Funding
19
Funded
0
Unicorns
0
Rounds (90d)

Ranked: Best B2B E-Commerce companies in Indonesia

#CompanyFundingValuationStage Latest roundEmployeesFoundedMomentum
1 Aruna
Provider of responsibly sourced seafood connecting fishermen to the global market
$70.5M Series A Conventional Debt Jul 2024 390 2016 ↑ Active
2 Dagangan
Rural commerce platform distributing multi-category products
$18.1M Series B Series B May 2024 244 2008
3 Eden Farm
App-based business-to-business marketplace offering fruits and vegetables from farms
$34.5M Series A Series A Jan 2023 550 2017
4 AgriAku
Distribution enabler for crop inputs
$46M Series A Series A Nov 2022 39 2021
5 Ula
Tech-driven platform for small retailers to manage their working capital and stock
$140.6M Series B Series B Nov 2021 2020
6 Ralali
Online B2B marketplace for multi-category products
$35.4M Series D Series D Sep 2022 217 2013
7 Manuva
Platform connecting manufacturers, business owners, and retailers for packaging transactions
$8M Series B Series B Sep 2023 168 2017
8 GudangAda
Online b2b platform for wholesale shopping
$135M Series B Series B Jul 2021 504 2019
9 bababos
Provider of integrated raw material procurement solutions for manufacturers
$3M Seed Seed Sep 2023 37 2022
10 TaniHub
App-based marketplace to trade agriculture commodities
$94M Deadpooled May 2021 754 2015
11 Jaring Pangan
Retail chain of food products
$12M Seed Conventional Debt Oct 2022 17 2021
12 PasarMIKRO
Developer of an online platform for point-of-sale financing
$2.5M Series A Series A Aug 2023 38 2020
13 Mbiz
Online B2B marketplace offering multi-category products
$92M Series B Series B Feb 2020 189 2015
14 Sinbad
App-based marketplace platform offering multi-category products
$5.5M Series A Series A Oct 2022 190 2018
15 Yummy Corp
Provider of catering management solutions to cooperate
$19.8M Series B Series B Aug 2021 453 2003
16 Wakuliner
Culinary and catering platform offering services for businesses and government instances
$1M Acquired Seed Oct 2022 46 2015
17 Bhinneka
Online retailer offering multi-category products
$22M Late Stage PE Nov 2015 650 1993
18 Bizzy
Online marketplace for office Supplies
$12M Acquired Series A Jul 2018 333 2015
19 IndoTrading
Indonesia Trading Portal
$1.5M Series B Series B Nov 2015 129 2012
20 Manuport
Provider of apparel manufacturing services, including design, sourcing, and production
Seed Seed Jun 2024 2023
21 Orderfaz
Online platform offering checkout solutions
Acquired Seed Jul 2023 10 2022
22 Bioma
Online B2B rental platform for multi-category products
Seed Seed Oct 2022 9 2022
23 Wifkain
E-distributor offering fabrics for fashion enterprises
Seed Seed Apr 2022 41 2020
24 Stoqo
Online B2B marketplace for restaurant supplies
Deadpooled Series A Jan 2022 250 2017
25 GoCement
Online marketplace for procuring and renting building materials
Seed Seed Oct 2021 57 2019
26 Tokban
Online B2B marketplace building materials and hardware
Seed Seed May 2021 13 2020
27 Mangan
Online B2B platform for office-focused food caterers
Seed Angel Oct 2020 2019
28 Redkendi
Online catering marketplace focused on businesses
Seed Seed Jul 2019 57 2015
29 Bildeco
B2B marketplace for building material suppliers
Funding Raised Grant (prize money) 2017 2016
30 AHA.id
App-based B2B marketplace offering multi-category products
Unfunded 2019
31 Asani
Online B2B marketplace for renting IT equipment
Funding Raised 54 2018
32 Astrindo
Distributor of computer hardware and peripherals
Unfunded 1997
33 AXIQoe
E-distributor offering office supplies
Unfunded 2015
34 Bandros
Provider of dropship marketplace platform
Deadpooled 2014
35 Brambang
Digital marketplace for Onions
Deadpooled 2016
36 Displaystore
Online retailer of digital signage and displays
Unfunded 2014
37 Do-Cart
Online B2B marketplace for groceries
Funding Raised 2017
38 ezy.id
Provider of asset distribution platform for retailers
Deadpooled 2019
39 FixcoMart
Online seller of MRO tools
Unfunded 2015
40 foodia
Foodia is a mobile application used for working to connect customers to the items available at Bay Area farmers' market.
Deadpooled 4 2018
41 foodspot
Online catering portal for offices and individuals
Unfunded 23 2012
42 FranchiseOne
Provider of franchise management solutions for chain businesses
Funding Raised 2024
43 GOTOKO
App based e-distributor for multi-category products
Unfunded 2022
44 Grosenia
Online B2B marketplace for multi-category products
Funding Raised 11 2019
45 HeapMe
Online B2B marketplace for wholesalers and manufacturers
Unfunded 2015
46 IDH
Online B2B platform offering a wide range of products
Unfunded 2018
47 Inacom
Online marketplace for agriculture commodities
Deadpooled 2018
48 Indonetwork
Online marketplace and company directory
Funding Raised 2001
49 Indoproc
Provider of SaaS-based cloud-driven e-procurement solution for suppliers
Public 4 2015
50 intraco penta
Intraco Penta offers heavy equipment, mining services, and financing services.
Public 445 1970

Top 12 B2B E-Commerce companies in Indonesia

#1
Aruna Series A
$70.5M Raised
expand_more
location_onJakarta, Jakarta
Founded
2016
Employees
390
Funding raised
$70.5M
Stage
Series A

Provider of responsibly sourced seafood connecting fishermen to the global market. It streamlines the supply chain of fishery products through technology. The business offers fresh, high-quality seafood to consumers and clients. It also provides value-added seafood products with strict production standards. The company works with partners to process and fulfill the demand for seafood.

Funding rounds (4 disclosed of 8)
Round Date Amount
Series A Jul 2024 Undisclosed
Conventional Debt Jul 2024 Undisclosed
Series A Jan 2022 $30M
Series A Jul 2021 $35M
Seed Aug 2020 $5.5M
Seed Oct 2019 Undisclosed
2 earlier rounds — sign up free
Tech stack
cloudflarecloudflare bot managementcontact form 7core-jsfacebook loginfacebook pixel+14
#2
Dagangan Series B
$18.1M Raised
expand_more
location_onWest Jakarta, Jakarta
Founded
2008
Employees
244
Funding raised
$18.1M
Stage
Series B

Rural commerce platform distributing multi-category products. The product catalog includes food and beverages, personal products, baby products, home essentials, and more. Its app is available on the Android platform.

Funding rounds (2 disclosed of 4)
Round Date Amount
Series B May 2024 Undisclosed
Series B Jun 2022 $6.6M
Series A Sep 2021 $11.5M
Seed Jun 2021 Undisclosed
Tech stack
cloudflarecloudflare browser insightshstshttp/3open graphwhatsapp business chat
#3
Eden Farm Series A
$34.5M Raised
expand_more
location_onWest Jakarta, Jakarta
Founded
2017
Employees
550
Funding raised
$34.5M
Stage
Series A

App-based business-to-business marketplace offering fruits and vegetables from farms. The product catalog includes fruits such as oranges, grapes, apples, strawberries, and more. It also provides vegetables such as chili, garlic, ginger, and more. It also provides poultry and other meat products. Its mobile application is available for Android and iOS platforms.

Funding rounds (3 disclosed of 4)
Round Date Amount
Series A Jan 2023 $13.5M
Series A Nov 2021 $19M
Seed Mar 2021 Undisclosed
Seed Aug 2019 $1.8M
#4
AgriAku Series A
$46M Raised
expand_more
location_onJakarta, Jakarta
Founded
2021
Employees
39
Funding raised
$46M
Stage
Series A

Distribution enabler for crop inputs. It offers a platform that allows users to record agriculture transactions, find a variety of crop input products such as seeds, medicines and nutrients, fertilizers, and agricultural tools. The mobile application is available on Android and iOS platforms.

Funding rounds (3 disclosed of 4)
Round Date Amount
Series A Nov 2022 $5M
Series A Jul 2022 $35M
Seed Mar 2022 $6M
Seed Dec 2021 Undisclosed
Tech stack
amazon s3amazon web servicescloudflarecloudflare bot managementcontact form 7google analytics+14
#5
Ula Series B
$140.6M Raised
expand_more
location_onJakarta, Jakarta
Founded
2020
Funding raised
$140.6M
Stage
Series B

Tech-driven platform for small retailers to manage their working capital and stock. Its B2B marketplace provides small retailers with different product assortment, prices, and delivery. It also offers store owners with unutilized space to become an pick-up point.

Funding rounds (4 disclosed of 4)
Round Date Amount
Series B Nov 2021 $23.1M
Series B Oct 2021 $87M
Series A Jan 2021 $20M
Seed Jun 2020 $10.5M
Tech stack
amazon cloudfrontamazon s3amazon web servicesaws certificate managergoogle workspaceyoutube
#6
Ralali Series D
$35.4M Raised
expand_more
location_onJakarta, Jakarta
Founded
2013
Employees
217
Funding raised
$35.4M
Stage
Series D

Ralali.com is an online B2B marketplace for multi-category products. Product catalog includes health and medical, machinery and industrial parts, office and store supplies, furniture and decorations, electronics, and more. Offers brands like a-one, faber castell, ABB, and more. The company offers mobile applications for Android and iOS platforms.

Funding rounds (4 disclosed of 6)
Round Date Amount
Series D Sep 2022 $2M
Series D Mar 2022 Undisclosed
Series C Jul 2019 $13M
Series B Sep 2018 $7M
Series A Jun 2015 $2.5M
Seed May 2014 Undisclosed
Founders & key people
Tech stack
amazon sesamazon web servicesbootstrapcart functionalitycloudflarecontact form 7+14
#7
Manuva Series B
$8M Raised
expand_more
location_onJakarta, Jakarta
Founded
2017
Employees
168
Funding raised
$8M
Stage
Series B

Platform connecting manufacturers, business owners, and retailers for packaging transactions. It facilitates collaboration for various packaging needs, including paper bags, plastic cups, and lunch boxes. The platform aims to innovate manufacturing and supply chain processes. It offers opportunities for supplying plastic products and streamlines the buying and selling experience. The platform focuses on providing qua

Funding rounds (1 disclosed of 3)
Round Date Amount
Series B Sep 2023 $8M
Series A Aug 2020 Undisclosed
Seed Undisclosed
Tech stack
ant designcloudflarecloudflare bot managementcore-jsfacebook pixelgoogle analytics+14
#8
GudangAda Series B
$135M Raised
expand_more
location_onTangerang, Banten
Founded
2019
Employees
504
Funding raised
$135M
Stage
Series B

Online b2b platform for wholesale shopping. It enables users to access bulk products and streamline their purchasing needs with ease. The platform connects buyers with suppliers, offering a convenient way to manage wholesale transactions.

Funding rounds (2 disclosed of 3)
Round Date Amount
Series B Jul 2021 $100M
Series A May 2020 $25.4M
Seed Feb 2020 Undisclosed
Tech stack
cloudflarecore-jselementorelementor header & footer buildergoogle font apigoogle workspace+14
#9
bababos Seed
$3M Raised
expand_more
location_onJakarta, Jakarta
Founded
2022
Employees
37
Funding raised
$3M
Stage
Seed

Provider of integrated raw material procurement solutions for manufacturers. The company offer tools such as procuring raw materials, managing quality and delivery, consultations with sales and technical experts to optimize material sourcing. It also establishes a strategic partnership, offering integrated procurement systems and payment management.

Funding rounds (1 disclosed of 2)
Round Date Amount
Seed Sep 2023 $3M
Seed Mar 2023 Undisclosed
Tech stack
all in one seogoogle analyticsgoogle workspacehstsmysqlopen graph+10
#10
TaniHub Deadpooled
$94M Raised
expand_more
location_onJakarta, Jakarta
Founded
2015
Employees
754
Funding raised
$94M
Stage
Deadpooled

We are a growing mission-driven agritech company in Indonesia, focus on bridging farmers to wider market. At Tanihub, our mission is to empower farmers while building an innovative, reliable and user-friendly technology for all stakeholders. Founded in 2015, TaniHub along with TaniFund focus on connecting farmers with market while ensuring their access to financial (through P2P lending system) and technical supports.

#11
$12M Raised
expand_more
location_onJakarta, Jakarta
Founded
2021
Employees
17
Funding raised
$12M
Stage
Seed

Retail chain of food products

Funding rounds (2 disclosed of 3)
Round Date Amount
Seed Oct 2022 $11.5M
Conventional Debt Oct 2022 Undisclosed
Seed 2021 $500K
#12
PasarMIKRO Series A
$2.5M Raised
expand_more
location_onJakarta, Jakarta
Founded
2020
Employees
38
Funding raised
$2.5M
Stage
Series A

Developer of an online platform for point-of-sale financing. It offers a marketplace that connects buyers and sellers in the agriculture business. It lets users purchase products and pay in monthly installments. It features financial records enabling merchants to record income and expenses, and bill timing with reminders.

Funding rounds (1 disclosed of 2)
Round Date Amount
Series A Aug 2023 Undisclosed
Seed Nov 2022 $2.5M
Tech stack
aosbootstrapbootstrap iconscloudflarecloudflare browser insightsfastly+9

Recent signals in Indonesia B2B E-Commerce

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Funding & investor landscape

Total raised
$753.4M
across these companies
Companies funded
19
with disclosed funding
Highest-funded
$140.6M raised

Most active investors

East Ventures East Ventures 7 investments in B2B E-Commerce AC Ventures AC Ventures 6 investments in B2B E-Commerce MDI Ventures MDI Ventures 6 investments in B2B E-Commerce Alpha JWC Ventures Alpha JWC Ventures 4 investments in B2B E-Commerce Vertex Ventures Vertex Ventures 4 investments in B2B E-Commerce AppWorks AppWorks 3 investments in B2B E-Commerce BRI Ventures BRI Ventures 3 investments in B2B E-Commerce Beenext Beenext 3 investments in B2B E-Commerce EverHaus EverHaus 3 investments in B2B E-Commerce Gan Konsulindo Gan Konsulindo 3 investments in B2B E-Commerce Golden Gate Ventures Golden Gate Ventures 3 investments in B2B E-Commerce K3 K3 3 investments in B2B E-Commerce

Notable founders in Indonesia B2B E-Commerce

UO Utari Octavianty Co-Founder & Chief Sustainability Officer Aruna · $70.5M raised
Indraka Fadhlillah Indraka Fadhlillah Co-Founder & Chief Operational Officer Aruna · $70.5M raised
Farid Aslam Farid Aslam Co-Founder & Chief Executive Officer Aruna · $70.5M raised
MC Maha Chandra Co-Founder & COO Dagangan · $18.1M raised
Wilson Yanaprasetya Wilson Yanaprasetya Co-Founder Dagangan · $18.1M raised
RM Ryan Manafe Co-Founder & CEO Dagangan · $18.1M raised
Ramavito Mountaino Ramavito Mountaino Co-Founder Eden Farm · $34.5M raised
David Gunawan David Gunawan Co-Founder & CEO Eden Farm · $34.5M raised
Irvan Kolonas Irvan Kolonas Co-Founder & CEO AgriAku · $46M raised
Danny Handoko 黄天赐 Danny Handoko 黄天赐 Co-Founder and Board Advisor AgriAku · $46M raised
NM Nipun Mehra Founder & CEO Ula · $140.6M raised
Alan Wong Alan Wong Co-Founder & CTO Ula · $140.6M raised

Frequently asked questions

How many B2B E-Commerce companies are there in Indonesia?
Radar tracks 73 indexable B2B E-Commerce companies headquartered in Indonesia that meet our profile-completeness bar.
What is the total funding raised by B2B E-Commerce companies in Indonesia?
The B2B E-Commerce companies in Indonesia on this list have raised a combined $753.4M in disclosed equity funding across 19 funded companies.
Which is the highest-funded B2B E-Commerce company in Indonesia?
Ula is the highest-funded B2B E-Commerce company in Indonesia, with $140.6M in disclosed equity funding.
How many B2B E-Commerce companies in Indonesia are funded?
19 of the 73 B2B E-Commerce companies in Indonesia on this list have disclosed at least one equity funding round.
How many B2B E-Commerce unicorns are there in Indonesia?
None of the B2B E-Commerce companies in Indonesia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indonesia B2B E-Commerce companies?
The most active investors in Indonesia B2B E-Commerce companies on this list include East Ventures, AC Ventures, MDI Ventures, Alpha JWC Ventures, Vertex Ventures.

Rankings are computed by Radar (Fliar BI) from the Radar company master and are updated periodically. Funding and momentum scores use disclosed equity-funding data only. Figures may lag private rounds. Last updated 2026-06-23.

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