Fintech

Indonesia’s Bizhare secures fresh funding

November 22, 2023
Image from Bizhare

Hey there, Bizhare! This Indonesian startup lets you crowdfund SMEs, startups, and other business ventures by offering shares, bonds, and sukuk (Sharia-compliant bonds). Users can start investing from IDR 1M (~$64). 

They just raised fresh funding!

  • Founded in 2018, they claim to have disbursed IDR 200B (~$13M) to 130 SMEs. Oh, they also reportedly have 200K users on the platform.

Investor check. Kejora Capital and SBI Holdings led the round while existing investors Telkomsel Innovation Partners, AngelCentral, and other investors joined in!

  • The funding amount was undisclosed. 

💲 The ABCs of Bizhare

Want to diversify your investment portfolio? Bizhare can help you with that.

Using their website or app, you can invest your money across business ventures across Indonesia and get passive income from dividends and returns!

  • Users can access capital markets that were previously only open to large investors and listed companies.
  • Oh, and the platform also generates monthly reports so you can monitor your investment’s performance

They’ve already funded companies like Alfamart, Sour Sally, Shuka Grill, and more! 

Not just for individuals? Bizhare recently allowed private companies, family offices, and venture capitalist firms to invest using the platform.  

📲 What’s with the $$$? 

They’ll expand their services, develop their tech, and bring more investment opportunities to their users. 

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