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Radar · Gaming in Indonesia

Best Gaming Companies in Indonesia

The 120 best Gaming companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: EVOS.

120companies tracked
$47.6Mdisclosed funding
0unicorns
21have raised

Gaming in Indonesia is moving faster than the funding numbers suggest, and this directory ranks 120 companies in that space by disclosed equity raised and recent momentum. Total disclosed capital across the field sits at $48M, with Evos leading at $16M, Touchten Games at $11M, and Gamesta at $7M rounding out the top tier.

So where's the heat right now? Median install growth is running at roughly +11% YoY across 23 tracked gaming apps, which tells you consumer appetite is real even if institutional capital hasn't flooded in yet. The global gaming market hit $202.7B in 2022 and is forecast to reach $117.2B by 2028 at a 9.24% CAGR, a compression that reflects maturing markets abroad, not Southeast Asia's trajectory. I'd watch the hardware angle too: the hottest search themes clustering around gaming notebooks and high-performance GPU laptops signal that Indonesian players are upgrading their setups. Regulatory pressure on loot boxes is one structural factor worth tracking as the space matures. And with Nodwin Gaming's $55M Starladder acquisition showing how aggressively regional operators are consolidating esports infrastructure, Indonesia's zero-unicorn count starts to look like runway, not ceiling.

Sources & further reading
  • ResearchAndMarkets.com
FLIAR INTELLIGENCE · GAMING × INDONESIA

Our analysis of 180 Gaming companies

$26.0b in tracked funding; 90% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.

180companies analysed
90%cloud-native stacks
2024funding peak (by rounds)
14unicorns
2020median founding year

Ranked: Best Gaming companies in Indonesia

#CompanyDisclosed fundingLast roundFounderEmployeesTech stackWeb popularityRecent signals
18ternals
Provider of NFT-based mobile games
——Hendry Park
Founder & CEO
————
2Aksara Studio
Developer of mobile-based multi-genre casual games
——Alexander Rahardjo
Co-Founder & Director
————
3Alegrium
Mobile games developer
——Yan Gunawan
Founder
—DebianGSAPApache HTTP Server+6Top 10M—
4Amagine Interactive
Mobile game developer
——Dennis Adriansyah Ganda
Founder & CEO
————
5Anantarupa Studios
Digital content and game development studio based out of Indonesia
———73TypeScriptGraphQLNode.js+10Top 10M—
6Antpixel Studio
Web and mobile game developer
——Aditya Tedjamulya
Co-Founder & Ceo (Former Cto)
—Apache HTTP ServerGoogle Tag ManagerjQuery+2Top 50M—
7Aprion Studio
Independent Indonesian game development studio
——Reza Aprian
Founder
————
8Arcane Arts
Mobile game developer and publisher
——Kenneth Gouw
Co-Founder
————

Top 12 Gaming companies in Indonesia

#1
Funding Raised · Medan, North Sumatra · founded 2021
$2.7Mraised
▾

Provider of a decentralized NFT- based gaming platform. It provides a collection of web3 games which include Evermore knights, Slime Haven, Peony Ranch, Merchant Marvels, and others.

Funding rounds
  • Mar 2024ICO$2.7M
Founders & team
Javier TanCo-Founder & CEO
Investors
Galaxy Ventures
#2
Deadpooled · Bali, Bali · founded 2021
$6.5Mraised
▾

Strategy-based games on the blockchain. It provides users to play multiple strategy games and an NFT marketplace to trade in-game assets

Funding rounds
  • Dec 2021ICO$6.5M
Founders & team
Spencer TarringFounder & CEO
Investors
Vision Capital, 316VC, Maven Crypto Ventures, Vespertine Capital, Novabit Capital
#3
Series B · Jakarta, Jakarta · founded 2016 · 100 employees
$16.4Mraised
▾

It operates a professional esports team and offers merchandise. The company focuses on competitive gaming, participating in various esports tournaments. It also provides fans with branded apparel and other products. The organization actively engages with its audience through news updates and social media.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 18k LinkedIn followers — 32.2% of this cohort's audience
Funding rounds
  • Oct 2020Series B$12M
  • Nov 2019Series A$4.4M
Investors
Insignia Ventures Partners, Korea Investment Holdings, Mirae Asset, Woowa Bros, Indogen Capital, Genting Ventures
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesBootstrapCloudflareCloudflare Bot Management
#4
Series A · Jakarta, Jakarta · founded 2020 · 113 employees
$3.1Mraised
▾

Developer of block-chain-based role-playing games. The game developed by the company includes Outland Odyssey a play-and-earn steampunk action RPG to explore, fight, and become the true hero in an epic metaverse. The game is available for android platforms.

Funding rounds
  • Nov 2021ICO$3.4M
  • Oct 2021Series A$3.1M
Founders & team
Alex SetiawanCo-FounderLiko SubaktiCEO
Investors
Huobi Ventures, Solar Eco Fund, Cipholio, Solana Capital, Black Edge Capital, Basics Capital
#5
Seed · Bekasi, West Java · founded 2021 · 15 employees
$2.6Mraised
▾

Online marketplace for trading in-game virtual items. It is an online marketplace for users to buy and sell game accounts, in-game virtual items & skins, game vouchers & gifts, and much more.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 9k LinkedIn followers — 16.7% of this cohort's audience
Hiring: 2 hiring posts in 12 mo (public) · hiring: Fullstack Developer, Backend Developer
Activity: 1 partnerships (incl. VCGamers) announced in 12 mo
Funding rounds
  • Jan 2022Seed$2.6M
Founders & team
Sony SubrataCo-Founder & CEOHartanto LeeCo-Founder & COO
Investors
Beenext, Ran Ventures
Tech stack
Amazon SesAmazon Web ServicesCart FunctionalityCloudflareCloudflare Rocket LoaderCore-Js
#6
Series E · Jakarta, Jakarta · founded 2009 · 77 employees
$10.5Mraised
▾

Touchten Games is a mobile game developer and publisher. Has developed various games including Royal Garden Tales, Dessert Chain, Ramen Chain, Cute Kill, Amazing Cupid, and Teka Teki Saku. Has also developed a publishing platform through which the players can earn rewards while playing.

Funding rounds
  • Oct 2019Series E—
  • Nov 2016Series D$9.5M
  • Jul 2015Series C—
  • Dec 2013Series B—
Investors
CyberAgent Capital, UOB, Tmsanime, Ideosource, STRIVE, 500 Durians
Tech stack
Amazon Web ServicesBootstrapCdnjsCloudflareCloudflare Browser InsightsCloudflare Rocket Loader
#7
Seed · Jakarta, Jakarta · founded 2021
$500Kraised
▾

App-based crypto & NFT gaming platform. Gamers can choose to purchase or borrow in-game assets (NFT) to start playing a variety of crypto games. Users can earn cryptocurrencies by playing crypto games. Users can also convert cryptocurrency earnings to licensed e-wallet credits, telco credits, utility bill credits, and others. The application is available on both Android & iOS devices.

Funding rounds
  • May 2022Seed$500K
Founders & team
Juan SoemarnoCo-FounderAndre TirtodipoeroCo-Founder & COO
Investors
AC Capital, Infinity Ventures Crypto, ENJINSTARTER, Standardalpha, SEA Pixel
#8
Funding Raised · Jakarta, Jakarta · founded 2021 · 5 employees
$720Kraised
▾

Developer of real-time multiplayer NFT fighting game. It allows players to get engage in fierce multi-realm battles where players are in a constant battle to defeat other players to earn more rewards.

Funding rounds
  • Jan 2022ICO$720K
Founders & team
Alexander HalimCo-Founder & CEO
Investors
Extrawatts, RR2 Capital, Infinity Capital
#9
Funding Raised · Jakarta, Jakarta · founded 2021 · 8 employees
$315Kraised
▾

Developer of Play-To-Earn NFT games for PC and console. The game is a multiplatform multiplayer online game that runs on the blockchain and allows players to earn reward tokens.

Funding rounds
  • Feb 2022ICO$315K
Founders & team
Febrian PottanobuCo-Founder & CEO
Investors
Girnas Capital, Triple Gem Capital, DIB Ventures, Unity Capital Ventures, AAD Ventures, Oddiyana Ventures
#10
Seed · Jakarta, Jakarta · founded 2013 · 121 employees
$1.8Mraised
▾

Five Jack is a developer of an online marketplace. It has developed "Itemku", which is an e-commerce platform for game items, currency, and account trading based in Indonesia. Also provides the solution for the gamers who want to trade their virtual items.

Funding rounds
  • Apr 2017Seed$1.2M
  • Jan 2016Seed$225K
  • Feb 2014Seed$365K
Investors
BonAngels Venture Partners, 500 Global
#11
Acquired · West Jakarta, Jakarta · founded 2014 · 125 employees
$1.4Mraised
▾

Second-hand trading platform for gaming items. It enables gamers to buy and sell gaming products such as game keys, skins, currencies, and more for various esports games such as Arena of Valor, Dota 2, PUBG, and more on the platform

Funding rounds
  • Apr 2017Series A$1.2M
  • Jan 2016Seed$225K
Founders & team
Denis KimCEO
Investors
500 Durians, 500 Global, K-Run Ventures
Tech stack
Amazon S3Amazon Web ServicesBootstrapCart FunctionalityCloudflareCloudflare Browser Insights
#12
Seed · Bandung, West Java · founded 2009 · 356 employees
$1Mraised
▾

Developer of mobile-based casual games. It also develops games for multiple platforms including PC, Console, mobile, and web. It has developed a game known as Valthirian Arc -Red Covenant. It offers its clients services for creating games such as Petualangan CIKA, Pasien Terakhir, and Next Door Land. It also runs its own gaming academy to teach students on various aspects of gaming.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 19k LinkedIn followers — 34.0% of this cohort's audience
Hiring: 3 hiring posts in 12 mo (public) · momentum +2 · hiring: OpenRecruitment
Funding rounds
  • Apr 2016Seed$1M
Founders & team
Wiradeva ArifCo-Founder & CPORiyani MardikaningrumCo-FounderAndrew Pratomo BudiantoCo-Founder
Investors
Maloekoe Ventures, GDP Venture, Central Capital Ventura
Tech stack
Apache Http ServerContact Form 7Core-JsElementorEssential Addons For ElementorFacebook Pixel

Funding & investor landscape

$47.6Mtotal disclosed funding
12companies funded
18disclosed rounds
0rounds last 90 days
Most active investors
Discovery Nusantara Capital4 rounds
East Ventures4 rounds
500 Durians2 rounds
500 Global2 rounds
Capital S2 rounds
GDP Venture2 rounds
Infinity Ventures Crypto2 rounds
SEA Pixel2 rounds
2Shares1 rounds
316VC1 rounds

Notable founders

Javier Tan
Co-Founder & CEO · Creo Engine
Spencer Tarring
Founder & CEO · Gamesta
Alex Setiawan
Co-Founder · Project SEED
Liko Subakti
CEO · Project SEED
Sony Subrata
Co-Founder & CEO · VCGamers
Hartanto Lee
Co-Founder & COO · VCGamers
Juan Soemarno
Co-Founder · Hyfen
Andre Tirtodipoero
Co-Founder & COO · Hyfen
Alexander Halim
Co-Founder & CEO · Battle of Guardians
Febrian Pottanobu
Co-Founder & CEO · Duckie Land
Denis Kim
CEO · Itemku
Wiradeva Arif
Co-Founder & CPO · Agate
Prism market signals · Indonesia · country-scoped Prism corpus, 874,007 docs

Market landscape — 10 sub-themes by coverage

Share of Gaming coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

Common questions

How many Gaming companies are there in Indonesia?
Radar tracks 120 indexable Gaming companies headquartered in Indonesia that meet our profile-completeness bar.
What is the total funding raised by Gaming companies in Indonesia?
The Gaming companies in Indonesia on this list have raised a combined $47.6M in disclosed equity funding across 12 funded companies.
Which is the highest-funded Gaming company in Indonesia?
EVOS is the highest-funded Gaming company in Indonesia, with $16.4M in disclosed equity funding.
How many Gaming companies in Indonesia are funded?
12 of the 120 Gaming companies in Indonesia on this list have disclosed at least one equity funding round.
How many Gaming unicorns are there in Indonesia?
None of the Gaming companies in Indonesia on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Indonesia Gaming companies?
The most active investors in Indonesia Gaming companies on this list include Discovery Nusantara Capital, East Ventures, 500 Durians, 500 Global, Capital S.
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Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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