BukuKas is a startup focused on digitizing Indonesia’s small businesses.

Basic Information

Since its launch as a digital bookkeeping app in December 2019, BukuKas has added new features, including online payments and an e-commerce platform. The app has onboarded about 6.3 million businesses so far and now has a total of 3 million monthly active users. BukuKas’ goal is to become an end-to-end software stack for micro, small and medium enterprises and serve 20 million MSMEs by the end of 2022, with inventory management, invoicing, payment-related analytics and other tools. The company recently took several steps toward that goal. In April 2021, it launched BukuKasPay for business owners to pay suppliers online or accept digital payments, including virtual bank accounts and e-wallets like OVO, Dana, GoPay, LinkAja and ShopeePay from customers. In September 2020, it acquired a digital ledger app called Catatan Keuangan Harian to expand its market share before launching an e-commerce platform called Tokko that enables MSMEs to set up online shops. See more

Legal Name

:

PT BeeGroup Financial Indonesia

Headquarters

:

Jakarta, Jakarta, Indonesia

Founding Date

:

2019

No. of Employees

:

251 to 500

Core Team

:
1.

Krishnan Menon

Founder and CEO

2.

Lorenzo Peracchione

Co-Founder and COO

Funding

Total Funding

$69.0M

Investors

:

1.

Surge

2.

Sequoia Capital India

3.

Saison Capital

Detail Round Breakdown

Round 1

$80M

Series Name

:

SERIES-C

Date

:

19th Jan 2022

Investors

:
1.

Tiger Global Management

2.

Sequoia Capital India