What is Mapan?
Founded in 2009 and headquartered in Jakarta, Indonesia, Mapan operates as a digital community-based platform. The company leverages technology to provide a network of thousands of lower-income communities with enhanced access to essential products and services. Mapan's core mission is to bridge the gap in access for underserved populations, utilizing its digital infrastructure to foster economic inclusion and improve the quality of life for its users. The company's focus on community-based solutions positions it uniquely within the Indonesian market, addressing critical needs through innovative technological applications.
How much funding has Mapan raised?
Mapan has raised a total of $15M across 1 funding round:
Series A
$15M
Series A (2022): $15M with participation from BRI Ventures, Patamar Capital, Smdv, Pt Astra Digital Internasional, and Blibli
Key Investors in Mapan
BRI Ventures
BRI Ventures is a pioneering venture fund in Indonesia focused on building the country's digital ecosystem and fostering local champions. The company leverages its financial expertise to drive financial inclusion and accelerate growth for small and medium-sized enterprises (SMEs) through strategic partnerships and integrated financial solutions.
Patamar Capital
Patamar Capital is an early-stage venture capital firm investing in companies serving the “mass market” in South and Southeast Asia. The firm has a strong focus on financial services companies and innovative tech-enabled distribution platforms.
Smdv
SMDV partners with entrepreneurs building exceptional technology companies that aim to change the landscape in Indonesia and the region by providing venture investments, strategic network, and mentorship. Entrepreneur ourselves, we work to understand each company's needs and contribute to their market leadership and culture building.
What's next for Mapan?
The substantial enterprise-level funding Mapan has garnered, particularly the recent Series A investment, indicates a strong belief in its business model and future potential. This capital infusion is expected to fuel Mapan's expansion efforts, enabling the company to enhance its technological capabilities, broaden its service offerings, and deepen its penetration into existing and new communities. Strategic partnerships and further development of its digital network are likely next steps as Mapan aims to solidify its position as a leader in providing essential goods and services to lower-income communities in Indonesia.
See full Mapan company page
