Indonesian smart city app Qlue closes Series A with MDI Ventures’ backing

Qlue CEO Rama Raditya

Indonesia-based smart city app developer Qlue has raised an undisclosed amount of funding from MDI Ventures, the VC arm of state-owned telco firm Telkom Indonesia.

The investment marks the close of its Series A round, which started in 2016 with investments from Prasetia Dwidharma and consultant firm Juvisk. The two investors injected over $1 million in the startup.

The following year, the company announced funding from GDP Ventures, which is understood to have come in as the lead investor in the round.

Qlue CEO Rama Raditya told DEALSTREETASIA that the funding from MDI was “mostly strategic” and will be used to hire talent in the field of artificial intelligence.

A graduate of the Google Launchpad Accelerator programme, Qlue provides an app for citizens to report and share civic issues in their neighbourhood to city authorities and enterprises. It also allows users to access real-time information on traffic and public transport.

The startup has partnered with numerous cities in Indonesia, facilitating various needs such as report filing system, security, and many others. It has also been collaborating with other institutions such as the National Police.

In 2019, Raditya added that the company will be looking to expand into multiple sectors including public transportation, real estate, state-owned enterprise and manufacturing.

Recently, Qlue was selected for the third round of the Ecosystem Accelerator Innovation Fund program by GSM Association (GSMA), a worldwide association of telecommunication operators.

Apart from raising funding for its business, Qlue has also invested in another startup. In 2017, tech it backed tech developer Nodeflux, which it said would complement its own services by providing technology that enables devices to become ‘smarter’.

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