1. Startup

Batavia Incubator Launches, Announces Their First Portfolio

Today, new comer Batavia Incubator (warning, their website only contains their logo and email info@batavia-incubator.com) officially open their operation in Indonesia by publicly announce their first portfolio company, C2C commerce site BukaLapak.com.

Founded as a joint venture between Rebright Partners, Japanese incubator and Corfina Group, Indonesian Financial Group, Batavia Incubator is ready to start activity as internet/mobile service focused incubator in Indonesia. Rebright Partners' CEO Takeshi Ebihara also joins BukaLapak's board seat.

Batavia Incubator's target is seed stage start up, including non-legal entity young team where they supply seed funding capital to bridge to Series A funding, the usual incubator type. We've heard about the rumor back for over a month now, and now they've finalized all the deal and ready to enter Indonesia's crowded investor/private equity/incubator/accelerator market.

BukaLapak itself is a classified platform where people can put items for sale and also for users to buy items. Although the site never commit to a specific niche, the site went popular throughout Indonesia's cyclist community and is now the top of mind for users looking for bicycle-related items.

Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transaction....
Transaction Failed
Try Again