AwanTunai
A point of sale financing solution aimed at digitizing Indonesia’s vast cash economy.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor investor investor investor | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor | €0.0 Valuation: €0.0 1.2x EV/Revenue | round | |
| investor investor investor | €0.0 | round | |
* | $60.0m | Debt | |
| Total Funding | 000k | ||
| USD | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 2 % | 86 % | 81 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
In 2017, AwanTunai was founded in Jakarta, Indonesia, by Rama Notowidigdo and Dino Setiawan. The company embarked on a mission to transform the traditional offline supply chain in Indonesia through digital solutions and embedded financing. AwanTunai aimed to address the inefficiencies in the supply chain of fast-moving consumer goods (FMCG) by providing digital tools and financial services to small and medium-sized enterprises (SMEs).
By integrating supply chain financing with enterprise resource planning (ERP) systems, AwanTunai enabled SMEs to access working capital more efficiently. This innovation was crucial in a market where many businesses struggled with cash flow issues and lacked access to traditional banking services.
In its journey, AwanTunai secured a significant Series B funding round, which propelled its growth and expanded its reach across Indonesia. This funding allowed the company to enhance its technology platform and increase its customer base, further solidifying its position in the market.
AwanTunai's impact on the Indonesian FMCG supply chain has been profound, offering a lifeline to many SMEs and helping to modernize the industry. The company's success is a testament to the power of fintech innovation in addressing real-world challenges and supporting economic growth in emerging markets.