CyberAgent Ventures Invested in Bilna -E-Commerce Retailer of Baby and Kids Products-
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.
Company Name : PT Bilna (http://www.bilna.com)
Founded : July 23rd, 2012
Co-Founder CEO: Ferry Tenka
Co-Founder : Eka Himawan
Company Name : CyberAgent Ventures, Inc. (http://www.cyberagentventures.com)
Address : Akasaka DS Building 3F, 8-25-6 Akasaka Minato-ku, Tokyo
Founded : April 3rd, 2006
President : Soichi Tajima
■For further information, please contact:
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