CyberAgent Ventures, Inc., has invested in PT. Bilna (Founders: Ferry Tenka / Eka Himawan), an Indonesian based startup which operates an e-commerce platform focusing on baby care and kids products. The investment was made through CA Asia Internet Fund I, L.P.

Currently, the Indonesian Internet market is rapidly growing. Judging from its recent market trend and performance of our existing portfolio company, there are clear signs indicating the rapid growth of the E-commerce market in Indonesia. Furthermore, due to economic growth, increase of personal income earnings and the growing population of Indonesia, we believe there is high demand of online shopping for babies and children related goods.

As a venture capital that specializes in the internet business, CyberAgent Ventures, Inc. has expanded its investment activities across Japan, China, South East Asia as well as Korea. Following the investment in the leading Indonesia’s online shopping marketplace, Tokopedia, the investment for PT Bilna is the second company that CyberAgent Ventures, Inc. has invested in Indonesia.

■Portfolio summary

Company Name  : PT Bilna (http://www.bilna.com)

Founded              : July 23^rd, 2012

Co-Founder CEO: Ferry Tenka

Co-Founder     : Eka Himawan

■Company profile

Company Name  : CyberAgent Ventures, Inc.  (http://www.cyberagentventures.com)

Address               : Akasaka DS Building 3F, 8-25-6 Akasaka Minato-ku, Tokyo

Founded              : April 3^rd, 2006

President             : Soichi Tajima

■For further information, please contact:

Takahiro Suzuki

Head of Jakarta Office / General Manager

CyberAgent Ventures, Inc.

Address               : Gedung Exim Melati / Indosurya Plaza Lt 3 A  Jl M.H. Thamrin no 8-9, Jakarta 10230

Tel                       : (+62) 852 8272 9405