SuperApp

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

SuperApp - overview

Established

2018

Location

Surabaya, Jawa Timur, Indonesia

Primary Industry

Retail

About

Based in Surabaya, Indonesia, SuperApp is a mobile application that enhances consumer shopping experiences by integrating ordering and delivery services for grocery items. SuperApp operates as a mobile application that streamlines grocery shopping for consumers. Founded in 2018 in Surabaya, Indonesia, the company has completed 5 deals. It recently raised USD 70.


00 mn in its Series C funding round, led by New Enterprise Associates, with participation from investors such as Amasia, B Capital Group, DST Global, Gold House Ventures, Insignia Ventures Partners, and SBVA, TNB Aura. The company was founded by Carolin Rukschcio, Debeasinta B, Gabriela Calil, Nischal Jain, Steven Wongsoredjo, and Vincent Bouvier, and is currently led by CEO Matthew Tirtamarta and Sergio Ruggiero. SuperApp, developed by PT Krakatau Karya Abadi, is designed to enhance the consumer shopping experience through a streamlined platform that integrates ordering and delivery services. Core offerings include a comprehensive shopping experience that allows users to place orders for various grocery items, delivered directly to their specified locations.


The service addresses convenience and accessibility challenges in grocery shopping, particularly in East Java and Makassar. Notable features include a loyalty program for accumulating points that can be redeemed for promotional offers, and access to flash sales and discounts. SuperApp serves a diverse clientele, including everyday consumers and small business owners seeking efficient shopping solutions. SuperApp generates revenue primarily through transactions facilitated on its platform, where consumers place orders for products and services that are delivered to their homes.


The business model includes both direct-to-consumer sales and partnerships with local retailers or wholesalers. Users benefit from promotional offers, like a referral bonus that provides new users with a balance upon registration, encouraging initial transactions. The platform's focus on rapid delivery and competitive grocery pricing positions it favorably within its target markets, with revenue supported by transaction volumes from promotional events and loyalty incentives that enhance consumer engagement and retention. SuperApp aims to expand its offerings by developing new products designed to enhance user engagement and shopping convenience.


Plans include entering new geographic markets, with a focus on scaling operations in other regions of Indonesia. Recent funding of USD 70. 00 mn will be utilized to support these expansions and product developments, enhancing the overall user experience and market reach.


Current Investors

Y Combinator, Amasia , Alpha JWC Ventures

Primary Industry

Retail

Sub Industries

Retail, Logistics & Distribution

Website

https://superapp.id/

Verticals

Mobile Apps

Company Stage

Series C

Total Amount Raised

Subscriber access only

SuperApp - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.