The Top VC’s In Indonesia – Venturra – Early Stage VC Firm Investing In High Growth Tech Companies In South-East Asia

Venturra is a VC firm based out of Jakarta, Indonesia, focused on the Southeast Asian startup ecosystem. The firm invests mainly in tech-powered enterprises that deal in consumer goods and services, like eCommerce, healthcare, FinTech, EdTech and others. 

Venturra -About The Company 

Venturra was founded in 2015 by founding partners Rudy Ramawy, Stefan Jung and John Riady. All three founders boast stellar track records and considerable clout in the business world. While Rudy Ramawy was Google’s first country manager in Indonesia as well as a notable angel investor, Stefan Jung founded Rocket Internet Southeast Asia and was employed at Monks Hill Ventures. John Riady is the director of Lippo Group, a massive Indonesian real estate firm.

Venturra focuses primarily on tech-enabled consumer goods platforms in Southeast Asia. They were founded with the intent to support the booming startup ecosystem in Southeast Asia and had established themselves over the years as a major player in the same. They emerged at a time when the backers of Southeast Asian startups were shifting from corporate sponsors to dedicated VC firms and has since been highly regarded as one of the more consistent startup backers in the region. 

Fundraising

Venturra has only had a single round of fundraising so far, announced in its first year of 2015. The Venturra Capital Venture Fund raised their target of $150 million and was backed by Lippo Group.

Notably, they have Venturra Discovery for Seed and Early-stage investments, and Venturra Fund 1 for Series A and beyond.

Investment Strategy

They continually support emerging companies, working with entrepreneurs and investing across verticals in the early stages of a startup. Venturra invests in early and seed stages as well as Series A and B funds, but are not averse to investing at later stages as well. Their philosophy is to invest as early as possible and follow up with further financial support down the line, while simultaneously leveraging their experience and resources to assist and allow entrepreneurs to scale their business. Half of their funds collected in the initial round was pledged for follow up deals, which demonstrates their continued long term support for the startups that they back. 

Venturra Investments

Venturra has made a total of 29 investments, leading in 12 of them and has made exit from 2 companies. A lot of their investments are from Seed-early stages up to series B funding rounds, with follow up investments in many companies. 

Their most recent backing was for Cove, a renting and co-living company based out of Singapore and focusing on the Southeast Asian market. This was a follow-up investment during their Series A rounds, which raised $4.6 million in total. Venturra was a lead investor during their Seed rounds as well, which raised $2.1 million as seed capital.

They also backed Indonesian digital healthcare platform Medigo Indonesia, backing them during their seed rounds with an undisclosed amount invested via Venturra Discovery. They also backed companies like Zilingo and iPrice group at higher stages of investments, showcasing their willingness to work with companies that have gone past Series B funding rounds as well.

Conclusion 

As one of the frontrunners of VC firms in the region, Venturra aims to empower innovative ideas to manifest themselves. The company operates in their niche of online marketplaces, especially popular in today’s world.