Sinar Mas
Jl. M.H. Thamrin No. 51, Sinar Mas Land Plaza, Jakarta, Central Jakarta, 10350, Indonesia
Overview
PT Sinar Mas Group, through its subsidiaries, manufactures paper pulp and related products. The company was founded in 1962 and is based in Jakarta Pusat, Indonesia.
- Total investments
- 6
- Lead investments
- 3
- Investments · 12mo
- 0
- Active investors
- 3
Sector focus
- Venture Capital
Investment portfolio
- DPDzero
Participated · Series A · Aug 2025
DPDzero is a debt collections platform that combines behavioural data, AI agents, and human operations to deliver improved collection outcomes. The company plans to develop a multi-lingual AI collection agent and launch a network of professional field collection agents to strengthen collections infrastructure. It serves as a collections partner for fintechs and NBFCs including Tata Capital, Moneyview, L&T Finance, and Manappuram Finance, and expects to onboard India's large banks shortly. DPDzero said its revenue has grown six times in the past 18 months. Founder and CEO Ananth Shroff has framed the business as a reinvention of collections with higher tech and ethics. Founded in 2022 by Ananth Shroff and Ranjith Ramachandra, DPDzero offers a repayments stack that helps lenders scale their collections with zero effort. The startup provides automation modules to analyze borrowers’ repayment behavior and to segment borrowers by risk, enabling multi-channel engagement to drive collections. Its product targets banks, fintechs, NBFCs, and MFIs and supports recovery across various loan products. DPDzero reports significant revenue growth from its AI-powered collections and debt recovery platform. The company has partnered with NBFCs and lenders including Tata Capital, Cashe, Lazypay, KreditBee, and Snapmint and has drawn interest from top private banks. It plans to use the new funding for product development, distribution, and hiring talent. DPDzero is a fintech startup that builds automation and infrastructure to help lenders run lending operations without building non-scalable internal tools. The company plans to make its technology accessible to all cohorts of lenders so they can focus on acquiring new borrowers rather than spending engineering bandwidth on operations. Founded by Ananth Shroff (CEO) and Ranjith B R — both part of the founding team of fintech API platform Setu — the firm launched in March this year to address limited formal credit access in India. DPDzero aims to boost formal credit penetration by partnering with lenders to lower operating costs via automation. The startup says the new funding will accelerate those product and go-to-market efforts. Financially, DPDzero has closed its first round of financing to support these objectives.
- Adonmo
Led · Equity · Sep 2024
AdOnMo operates digital out-of-home (OOH) advertising screens connected to the cloud that deliver targeted, in-the-moment ads. The platform supports features such as social media-driven ad triggers, dynamic creative optimization, and QR/NFC-enabled interactions to enable offline–online integration and measurable ROI. The company was founded in 2017 by Sravanth and Sandeep Bommireddi and is based in Hyderabad. With the new proceeds it plans to expand from 24 to 40 Indian cities and increase its network by adding 100,000 displays to its current 50,000. Prior capital includes a $15 million Series B investment from Zomato in January 2022; the article reports $43 million has been raised in total to date. The product positioning emphasizes hyperlocal, data-driven campaigns designed to maximize audience engagement and provide quantifiable returns for brands. AdOnMo operates a network of outdoor digital screens and provides targeted digital advertising solutions across residential and corporate parks in 21 cities. The company was founded by Sandeep Bommireddi and Sravanth Gajula and is Hyderabad-based. It plans to use the new proceeds for working capital and business expansion. AdOnMo reported that revenue from operations quadrupled to Rs 75 crore in FY23, while losses for the same period were Rs 38 crore. Media reports estimate a post-money valuation of about Rs 858 crore (roughly $105 million) after the round. AdOnMo is an Indian digital out-of-home (OOH) advertising startup. The company provides digital OOH advertising solutions in India. It has raised $3 million in a new funding round. That round was led by BAce Capital, an India- and Southeast Asia-focused fund backed by Alibaba Group and Ant Financial. The article does not disclose additional investors, the financing instrument, revenue, users, founding year, or use of proceeds. No further operational or strategic details were provided in the article.
- 6Estates
Led · Series B · Mar 2022
6Estates is a Singapore-based AI FinTech founded in 2014 that develops multilingual natural language processing (NLP) and machine reading comprehension (MRC) technologies. Its core product is a template-free Intelligent Document Processing (IDP) platform that automates processing of unstructured documents and performs semantic correlation analysis beyond traditional OCR. The company has deployed Document AI solutions with regional financial institutions for trade finance and credit assessment. 6Estates targets multiple industry sectors including banking and finance, trade, shipping, logistics, and insurance. It also collaborates with conglomerates in Southeast Asia to re-activate customers within existing ecosystems and provide group big data platforms, risk scoring, fraud detection, customer analytics, and cross-selling capabilities. The company intends to use recent funding to advance and expand its IDP platform across those sectors.
- aCommerce
Participated · Equity · May 2015
aCommerce is described in the article as a Bangkok-based brand ecommerce enabler. The company announced on Tuesday that it has raised $15 million from Indies Capital Partners. Indies Capital Partners is identified as a Singapore-based investor. The article does not disclose the financing instrument (equity, debt, etc.) or the valuation. No additional investors, prior rounds, operating metrics, or use of proceeds were mentioned in the article. aCommerce is an e-commerce enabler that helps brands execute across multiple channels by providing logistics, fulfillment, delivery and digital marketing services. The company operates in Thailand, Indonesia, the Philippines and Singapore and works with brands including Samsung, Unilever, Nestlé, L’Oreal, Philips and Mars. CEO Paul Srivorakul said aCommerce has shifted from solely digital media to enabling commerce across on- and offline fronts to help brands own their retail footprint and customer data. B2B sales now account for 30% of the startup’s revenue, up from 10% a year earlier. The company raised $65M in a Series B led by KKR-backed Emerald Media and said it will use funds to expand into Vietnam and Malaysia. The Series B takes aCommerce to $94M raised to date. aCommerce operates a suite of services that help e-commerce companies, brands and traditional retailers manage online business operations including inventory, warehousing, logistics, fulfilment and digital marketing. The company is active in Thailand, Indonesia and the Philippines and was founded in 2013 in Bangkok. Management says the business recently saw Indonesia overtake Thailand as its largest revenue generator. aCommerce plans to expand into Malaysia, Vietnam and to re-enter Singapore with partner DKSH. Financially, the company has cash on hand from prior rounds, says it can break even next year with current funds, and raised new capital to grow ahead of a larger Series B. The new funding is intended as a sprint to improve valuation and minimize dilution before a planned Series B in excess of $50 million later this year. aCommerce provides end-to-end e-commerce services for retailers and brands, covering logistics, warehousing, online sales and other commerce-related services. Founded in June 2013 and based in Bangkok, the company works with over 150 clients. Management says the business is beginning to break even in its two largest markets, Indonesia and Thailand, and that overall revenue grew 150% in Q4. The company plans to use its new partnership to expand further in Southeast Asia, specifically into Malaysia, Singapore and Vietnam. aCommerce’s long-term goal is to build a platform that increases efficiency across e-commerce transactions. CEO Paul Srivorakul emphasized the company will remain independent while leveraging the partnership to pursue cross-border and B2B opportunities. aCommerce is a Bangkok-headquartered, NTT Docomo-backed logistics and commerce-fulfillment company that provides backend technology and logistics services to online retailers, including Line. The company supports regional e-commerce operations and has seen particularly strong traction in Indonesia, where its business "has exceeded forecasts." aCommerce reported regional revenue growth of 700–800% over the past year, though raw revenue figures were not disclosed. Management has deferred a previously expected Series B to focus on execution and further value creation over the next eight to nine months. The firm previously raised a $10.7 million Series A in June 2014 and has now received a $5 million capital injection from existing backers. When it does raise the Series B, leadership expects the round to exceed $30 million.
- Moi
Led · Equity · Jun 2014
Moi Corporation develops and operates TwitCasting, a live streaming communication platform that enables streamers to broadcast and record with minimal network-quality concerns and lets viewers interact via comments, gifts and collaborative streaming. The company says TwitCasting supports real-time, open communication and is designed to help users build comfortable online communities. There are over 24 million registered users on the platform. Moi closed a $6M Series A financing and has raised $12M in total funding to date. The company intends to use the funds to further develop TwitCasting, accelerate marketing to expand the user base, and develop new services and core technologies for live streaming communication. Moi Corporation is the company behind TwitCasting, a mobile live-streaming service with separate apps for broadcasting and viewing. The app enables broadcasters and viewers to chat, share streams to Twitter and Facebook, and supports up to four users broadcasting together. TwitCasting was originally built in 2010 and has grown steadily—taking two years to reach its first million users and expanding to about 6.5 million users over the last year or so. Founder and CEO Yosuke Akamatsu credits the company's growth to a streaming technology that adapts to changing network quality, allowing broadcasts on low bandwidth. The company is already sizable in Japan and Brazil and aims to expand into other international markets. Moi raised $5 million led by Indonesia's Sinar Mas Group with Japan's East Ventures participating to fund global expansion.