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Fund profile

GDP Venture

GDP Venture

Jakarta, Indonesia

Leading

About

GDP Venture (formerly Global Digital Prima Venture) is the venture builder and investment arm of Indonesia's Djarum Group, one of the country's largest conglomerates. Founded in 2010 by Martin B. Hartono -- CEO and Djarum Group's Business Technology Director -- the firm is based in West Jakarta and focuses on building and investing in digital communities, media, commerce, consumer products, entertainment, and solutions companies within Indonesia's new economy. GDP Venture brings together technopreneurs, engineers, product specialists, and marketers to support founders scaling in the Indonesian consumer internet space. The firm has made over 40 investments across 50-plus portfolio companies spanning e-commerce, media, healthtech, travel, and social platforms. GDP Venture leads rounds at the seed, Series A, and Series B stages with check sizes between $1 million and $10 million. The portfolio's most significant outcome is Blibli.com, a major Indonesian e-commerce platform that completed an IPO on the Indonesia Stock Exchange in late 2022 at a valuation of approximately 7.99 trillion rupiah ($509 million), making it Indonesia's third unicorn. Other notable portfolio companies include Tiket.com (travel booking), Halodoc (telemedicine and healthtech), Kaskus (Indonesia's largest online community), 88 Rising (music and media), IDN Media (digital media), Garasi.id (automotive marketplace), and Infokost.id (housing). Recent exits include Kumparan (news media, acquired October 2024) and Deserve (April 2025). GDP Venture's competitive advantage is the Djarum Group's deep network and resources in Indonesia, which give portfolio companies access to distribution, capital, and strategic partnerships that independent firms cannot match.

Details

Average check

$1M-$3M
$3M-$10M

Round

Seed
Series A
Series B

Previous Investments

E-commerce & RetailHealthtech & WellnessMedia, Events & EntertainmentSoftware & AppsTravel & Tourism

Geo focus

Southeast Asia

Highlights

October 2024

Last investment date

40

Investments

E-commerce & Retail

Media, Events & Entertainment

Healthtech & Wellness

Travel & Tourism

Social media

Real Estate & Proptech

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Website

gdpventure.com

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