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INDONESIA
Bukalapak
K E Y FAC T
Bukalapak is the first
Indonesian unicorn to list on
the Indonesia Stock Exchange
with a market cap of $7.5B,
placing it among Indonesia's 15
biggest companies.
One of Indonesia's four
unicorns, Bukalapak is
an online, customer-to-
customer (C2C) marketplace
helping individuals and small and
medium-sized enterprises (SMEs)
to sell nationwide. Co-founder-turned-
funder AC H MAD Z AK Y (above left) now
runs his own investment firm in Indonesia,
while co-founder FAJ R I N R ASYI D
(below right) is now director of digital
business at Indonesia's largest telecom
operator, Telkom. Bukalapak's uniquely
home-grown success has served as an
exciting signal both to aspiring Indonesian
entrepreneurs and the international
investors of the country's fertile potential
for scalable tech innovation.
R A I S I N G T H E B A R I N E M E R G I N G M A R K E T S
