Endeavor Indonesia unveils 10 startups selected for scale-up growth programme batch 2

Endeavor Indonesia today announced the ten startups participating in its ScaleUp Growth Program Batch 2.

The participants, selected from 43 startups headquartered in Indonesia/Singapore (with Indonesia as the main market), have a minimum of US$2M+ in equity funding/annual revenue by 2021.

A non-dilutive accelerator programme, Endeavor ScaleUp Growth Program is an additional stage of its existing programme that supports high-impact and scale-up companies (those in the growth stage and post-Series B fundraising).

The batch 2 startups are:

1. ALAMI (financial services)

2. CoLearn (edutech)

3. Esensi Solusi Buana (enterprise software and services)

4. Finantier (financial services)

5. GajiGesa (financial services)

6. Jala Tech (aquaculture technology)

7. Nalagenetics (healthcare)

8. Raena (commerce – retail and consumer tech)

9. SATURDAYS (commerce – retail and consumer tech)

10. Sekolah.mu (edutech)

The first batch of the programme consisted of 12 startups, including Sampingan, Flip, Logisly, Evermos, and Buttonscarves.

Also Read: GajiGesa raises US$6.6M pre-Series A to provide earned wage access to underserved workers, SMEs

Founded in 1997, Endeavor is a community of high-impact entrepreneurs. Today, Endeavor’s network spans nearly 40 countries and supports more than 2,100 entrepreneurs, whose companies generate combined revenues of over US$28 billion, have created more than 3.9 million jobs, and, in 2020, raised over US$4 billion in funding.

Since starting in Indonesia in 2012, it has selected and supported 70 entrepreneurs leading 51 companies, namely founders and CEO of Zilingo, Kopi Kenangan, Kitabisa.com, eFishery, Shipper, Female Daily Network, Waresix, Cottonink, Indonesia Bike Works, Waresix, and Kargo.

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