Indonesian startup Delman raises $1.6m seed round led by Intudo Ventures

Jakarta cityscape around Jalan Thamrin. Photo: AsianDream/Getty Images

By Quynh Nguyen

May 26, 2020

Indonesia-based big data management and analytics provider Delman has raised $1.6 million seed round led by Intudo Ventures with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia, according to a statement.

Founded in early 2018, Delman claims its customers are able to expedite data integration and management from multiple sources up to 30 times faster.

With this round of financing, Delman will continue to develop its big data analytics ecosystem, set up an R&D centre in Surabaya and hire software engineers and data scientists.

“By combining a highly localized approach with global technical expertise, Delman is providing Indonesian businesses with Indonesian-developed big data solutions, ultimately leading to better outcomes for end-users,” said Eddy Chan, Founding Partner at Intudo Ventures.

Intudo Ventures is an “Indonesia-only” venture capital firm that invests primarily invests in early-stage companies (lead or co-lead pre-Series A & Series A/B financings) with an initial investment amount of $1-5 million per deal.

Last year, the investor closed its second fund at $50 million.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

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  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW