Gojek raises another $300 million lead by Indonesia's largest telco company.

Gojek's new round is aimed at supercharging both companies' collaborative efforts.

Alfred Lee

10 May, 2021

Gojek raises another $300 million lead by Indonesia's largest telco company. | BEAMSTART News

Gojek, Indonesia's largest ride-hailing and payments company, has raised yet another large round of funding.

This time around, the company raised $300 million led by the country's largest telco operator, Telkomsel.

Key Highlights

  • Indonesia's largest telco operator, Telkomsel, led the $300 million round.
  • Telkomsel has the option to invest up to $450 million in Gojek within 1 year since its first investment.
  • The new investment is aimed at growing both companies' collaborative efforts.
  • Previously, Gojek and Telkomsel collaborated on various initiatives — Telkomsel previously offered special data packages for Gojek's drivers and merchants.

Why it Matters

  • This is not the first time Telkomsel invested in Gojek, as the company also invested $150 million last year.
  • Gojek and Tokopedia are expected to merge (the new entity will be called 'GoTo') as both companies aim to collectively go public.
  • Telkomsel would be one of the top 8 investors in the company if the full investment is made.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Senior Marketing

Gallons & Grapes Pte Ltd

Buona Vista, Singapore

Full Time

SGD 4000 — SGD 4500 monthly

English-Korean Freelance Transcriber in Singapore

Elite Asia


Contract / Freelance

Salary Undisclosed

Account Manager (Hybrid)


New York, NY, United States

Full Time

Salary Undisclosed

Customer Service Representative

Gamer's Hideout Sdn. Bhd.

Dataran Prima, Petaling Jaya, Malaysia

Full Time

MYR 3000 — MYR 4000 monthly



SIngapore, Singapore

Contract / Freelance

SGD 9 — SGD 11 monthly

English Technical/Legal Writer

Pacston Technology Group

Kuala Lumpur, Malaysia

Full Time

USD 20000 — USD 60000 monthly

Junior Accounts Cum Admin Assistant


Kallang, Singapore

Full Time

SGD 1600 — SGD 1800 monthly

Head of Developers


Manila, Philippines

Full Time

USD 2000 monthly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).