Bizhare Company Profile

Background

Overview

Bizhare, officially known as PT Investasi Digital Nusantara, is a securities crowdfunding platform based in South Jakarta, Indonesia. Established in 2017, Bizhare was founded by Heinrich Vincent, Giovanni Umboh, and Gatot Adhi Wibowo. The platform aims to bridge the funding gap for Indonesia's micro, small, and medium enterprises (MSMEs) by enabling public investment in various business sectors.

Mission and Vision

Bizhare's mission is to democratize investment opportunities, allowing the general public to participate in business ownership with smaller capital. Its vision is to empower MSMEs and franchises by providing them with accessible funding options, thereby contributing to the economic growth and development of Indonesia.

Primary Area of Focus

The platform focuses on facilitating investments in MSMEs and franchises across various industries, including food and beverage (F&B), retail, technology startups, and more. By offering securities such as shares, bonds, and sharia-compliant bonds (sukuk), Bizhare enables businesses to secure expansion funds by sharing ownership with investors.

Industry Significance

As a pioneer in securities crowdfunding in Indonesia, Bizhare plays a crucial role in enhancing financial inclusion and supporting the growth of MSMEs. By connecting businesses with a community of investors, the platform contributes to the diversification of investment portfolios and the strengthening of the Indonesian economy.

Key Strategic Focus

Core Objectives

Empowering MSMEs: Provide accessible funding options to MSMEs, enabling them to expand and thrive.

Democratizing Investment: Allow the general public to invest in businesses with smaller capital, promoting financial inclusion.

Ensuring Transparency: Offer a transparent investment process with real-time monitoring of financial reports and project developments.

Specific Areas of Specialization

Securities Crowdfunding: Facilitate investments through shares, bonds, and sukuk, catering to various investor preferences.

Franchise Investments: Focus on funding franchise businesses, which are popular among Indonesian investors and aspiring entrepreneurs.

Key Technologies Utilized

Online Platform: A user-friendly interface for investors to browse investment opportunities, monitor portfolios, and receive profit distributions.

Secondary Market: Implemented twice a year, allowing investors to trade shares, thereby providing liquidity.

Data Security: ISO/IEC 27001:2013 certification ensures a secure investment environment.

Primary Markets or Conditions Targeted

MSMEs and Franchises: Businesses seeking expansion funds and investors interested in diversifying portfolios.

Retail Investors: Individuals looking to invest in businesses with smaller capital requirements.

Institutional Investors: Private companies, family offices, and venture capital firms seeking alternative investment opportunities.

Financials and Funding

Funding History

Seed Funding: Received initial funding from Plug & Play incubator in 2018.

Pre-Series A Round: In November 2023, secured a Pre-Series A round led by Kejora Capital and SBI Holdings, with participation from Telkomsel Mitra Inovasi and AngelCentral.

Total Funds Raised

Specific figures for total funds raised are not publicly disclosed.

Notable Investors

Kejora Capital: Led the Pre-Series A round in November 2023.

SBI Holdings: Participated in the Pre-Series A round in November 2023.

Telkomsel Mitra Inovasi: Participated in the Pre-Series A round in November 2023.

AngelCentral: Participated in the Pre-Series A round in November 2023.

Intended Utilization of Capital

The funds are intended to strengthen Bizhare's position as a leading business investment platform, providing transparent and secure access to investments in various prominent businesses for the Indonesian community.

Pipeline Development

Key Pipeline Candidates

PT Anak Tumbuh Sehat: Offered an initial investment opportunity of approximately IDR 1.6 billion for the development of a Dapur Satuan Pendidikan Penyelenggara Gizi (SPPG) in Karanganyar, Semarang, in collaboration with Yayasan Wibawa Perkasa Abadi.

Stages of Clinical Trials or Product Development

As a securities crowdfunding platform, Bizhare does not engage in clinical trials or product development.

Target Conditions

Dapur SPPG Development: Supporting the government's Makan Bergizi Gratis (MBG) program by funding the construction of SPPG facilities.

Relevant Timelines for Anticipated Milestones

Dapur SPPG Project: Investment opportunity available with an estimated return on investment in 17 months.

Technological Platform and Innovation

Proprietary Technologies

Investment Platform: A secure and user-friendly online platform for investors to access and manage investment opportunities.

Secondary Market: Implemented twice a year, allowing investors to trade shares, thereby providing liquidity.

Significant Scientific Methods

Due Diligence Process: A thorough analysis and evaluation of each business proposal to ensure quality and reliability.

Data Security Measures: ISO/IEC 27001:2013 certification ensures a secure investment environment.

Leadership Team

Key Executive Profiles

Heinrich Vincent: Co-Founder & CEO. Recognized in Forbes' 30 Under 30 Indonesia in 2020 and Forbes 30 Under 30 Asia in 2024 for Finance & Venture Capital.

Giovanni Umboh: Co-Founder & CTO/COO. Recognized in Forbes' 30 Under 30 Indonesia in 2020.

Gatot Adhi Wibowo: Co-Founder & CFO.

Key Contributions or Roles Within the Company

Heinrich Vincent: Leads the overall strategic direction and growth of Bizhare.

Giovanni Umboh: Oversees technological development and operational efficiency.

Gatot Adhi Wibowo: Manages financial operations and investor relations.

Competitor Profile

Market Insights and Dynamics

Market Size and Growth Potential: The securities crowdfunding market in Indonesia is expanding, with increasing interest from both investors and MSMEs seeking funding.

Industry Trends: A growing emphasis on financial inclusion and digital investment platforms is shaping the market dynamics.

Competitor Analysis

Santara: Focuses on local SMEs, offering equity crowdfunding opportunities.

CrowdDana: Provides a platform for MSMEs to raise funds through equity crowdfunding.

KoinWorks: Offers peer-to-peer lending and investment opportunities for MSMEs.

Strategic Collaborations and Partnerships

Bank BJB Syariah: In January 2022, Bizhare and Bank BJB Syariah signed a partnership agreement to support MSME businesses through crowdfunding.

Operational Insights

Strategic Considerations: Bizhare focuses on partnering with businesses that have strong fundamentals and proven profitability.

Competitive Advantages: The platform's user-friendly interface, transparent investment process, and secondary market for share trading provide distinct advantages.

Strategic Opportunities and Future Directions