Endeavor

2021 Endeavor Impact Report

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1 7 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

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