Best Mobile Companies in Indonesia
The 95 best Mobile companies in Indonesia in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Touchten Games.
Indonesia's Mobile sector is moving fast, and this directory ranks 95 companies operating across it, ordered by disclosed equity funding and recent momentum. Total tracked funding sits at $19M, with Touchten Games leading at $11M, Cashtree pulling $4M, and Project Seed at $3M. That concentration matters: three names account for the bulk of capital in a field where most players are running lean.
The global mobile market is forecast to grow from roughly $9.0B in 2025 to $24.1B by 2033, a 13.12% CAGR, driven by smartphone penetration, 5G rollout, and improving mobile internet infrastructure. Indonesia fits that story almost perfectly. Soundwave-based payment tech is already rewriting what a mobile transaction looks like, and a Nokia-linked telecoms partnership signals that infrastructure deals are still closing at pace. So if you're mapping where capital is flowing, the hot themes right now are mobile OS fragmentation, smartphone models, and iOS ecosystem plays. Investors like East Ventures and 500 Durians are watching. I'd keep this list bookmarked.
- Ireland's mobile phone usage in numbers
- Mobile penetration in 2nd world to hit 95% by 2013
Our analysis of 127 Mobile companies
$17.0b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2024.
Ranked: Best Mobile companies in Indonesia
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Touchten Games Mobile game development studio | $11M | 80 mo ago | Series E | — | 2009 | BootstrapAmazon Web Servicescore-js+14 | — |
| 2 | Cashtree Application that allows users to transfer cash free tokens | $4M | 33 mo ago | Series A | Dallen Kim Founder & CEO | 2015 | PHPUbuntuBootstrap+20 | — |
| 3 | Project SEED Developer of block-chain-based role-playing games | $3M | 55 mo ago | Series A | Alex Setiawan Co-Founder | 2020 | BootstrapAmazon ALBAmazon Web Services+4 | — |
| 4 | Agate Developer of mobile-based casual games | $1M | 122 mo ago | Seed | Wiradeva Arif Co-Founder & CPO | 2009 | WordPressMySQLPHP+28 | 1 job opening · 1 internship |
| 5 | Hyfen App-based crypto & NFT gaming platform | $500K | 49 mo ago | Seed | Juan Soemarno Co-Founder | 2021 | — | — |
| 6 | Ayo Slide Mobile advertisements platforms | $150K | 112 mo ago | Deadpooled | Rizki Fitriana Founder | 2016 | — | — |
| 7 | Lost Lore Game development studio | — | 35 mo ago | Seed | Eugene Kitkin Founder | 2020 | — | — |
| 8 | Arsanesia Independent mobile game development studio | — | 108 mo ago | Seed | Adam Ardisasmita CEO | 2011 | WordPressVisual ComposerwpBakery+25 | — |
Top 12 Mobile companies in Indonesia
#1
Series A · Jakarta, Jakarta · founded 2015 · 36 employees$4Mraised▾
Application that allows users to transfer cash free tokens. It offers a blockchain-based reward system for users including cash free tokens that can be exchanged for vouchers and withdrawals through listed exchanges. The features such as cash and snap cash rewards, bidding, shop, events and games participation, and more.
- Sep 2023ICO$150.2K
- Sep 2016Series A$4M
#2
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.
- Nov 2021ICO$3.4M
- Oct 2021Series A$3.1M
#3
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.
- Oct 2019Series E—
- Nov 2016Series D$9.5M
- Jul 2015Series C—
- Dec 2013Series B—
#4
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.
- May 2022Seed$500K
#5
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.
- Apr 2016Seed$1M
#6
Deadpooled · Jakarta, Jakarta Raya · founded 2016$150Kraised▾
AyoSlide is a mobile advertising platform which posts advertisements on the user's lock screens. The users are offered incentives for using the lock screen. The incentives are awarded in the form of phone credit, game vouchers, shopping vouchers, Gojek credit, loyalty points, and electricity vouchers.
- Feb 2017Seed—
#7
Seed · Bali, Bali · founded 2020—raised▾
Game development studio. It offers android AI development, AI game publishing, AI game marketing, AI game animation, AI gamer market Analysis, and many more.The games developed are Bearverse, Madbackpacks, Techwars, Jetbar, and many more. It also offers a data-driven approach which helps users to optimize the marketing strategies,
- Jul 2023Seed—
#8
Seed · Bandung, West Java · founded 2011 · 15 employees—raised▾
Arsanesia is an independent mobile game development studio that specializes in developing arcade and casual games. It develops games for Android devices. Also provides various services such as game design, advergames, game porting, and more. It generates revenue through advertisements and in-app purchases.
- Jun 2017Seed—
#9
Public · Tangerang, Banten · founded 2009 · 34 employees—raised▾
Toge Productions is a casual game developer based out of Indonesia. The company develops and designs advertising games, casual games, mobile games, social and multiplayer games using Adobe Flash technology.
- Feb 2017Seed—
#10
Public · Jakarta, Jakarta · founded 2013 · 4 employees—raised▾
Cupslice is a photo editor app that offers several filters, frames and badges with added basic editing tool combined with up-to-date stickers. Users can also add stickers to their photographs. As of May 2016, its mobile app can be downloaded from Android.
- May 2015Seed—
#11
Deadpooled · Surabaya, East Java · founded 2014 · 2 employees—raised▾
Alkemis is an Indonesia-based mobile game developer and develops games for Android and iOS. It wants to develop its niche in mid-core games, that is games which are a it more immersive than casual games like "angry birds".
- Dec 2014Seed—
#12
Deadpooled · Yogyakarta, Indonesia · founded 2007—raised▾
SoybeanSoft was a video games development studio based in Yogyakarta, Indonesia. The company was founded in 2007. The company has developed games such as "Hunter Story" (PC, iOS, Android), "Sentils of Mijil" (casual web game) & "Magigoo" (casual web game). The company was backed by East Ventures.
- 2011Seed—
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Mobile coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on 5G / 6G Networks is moving in Indonesia
A read on the academic research around 5G / 6G Networks — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 202 Indonesia-affiliated papers.
- Telkom University39
- Sepuluh Nopember Institute of Technology24
- Bandung Institute of Technology18
- Universitas Borneo Tarakan10
- Universitas Gadjah Mada9
- Beamforming2→8
- MIMO4→7
- Antenna (radio)1→4
- MIMO14→43
- Beamforming14→42
- Antenna (radio)3→27
- Electronic engineering9→25
- Microstrip antenna1→9
- Beamforming5
- MIMO4
- Transmitter2
- Electronic engineering2
- Bit error rate2
Where 5g 6g is researched across Indonesia
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Common questions
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.