Our Portfolio
Provident has built businesses across a variety of industries, including telecommunications, infrastructure, technology, mining, biomass, plantations and oil & gas.
Our Portfolio
What We Do
Technology
Provident has built businesses across a variety of industries, including infrastructure, mining, technology and renewables. Provident’s businesses are currently mostly concentrated in Indonesia.
GoTo
The ultimate Southeast Asian ecosystem comprising over 130 million active monthly users
-
Merger between two Indonesian decacorns: super app Gojek and e-commerce giant Tokopedia
-
Indonesia’s largest mobile on-demand platform with services such as ride-hailing, food delivery, e-commerce shopping, mobile wallet and express logistics network
-
c.2% of Indonesia’s GDP is represented by the GoTo ecosystem
-
Market capitalisation of US$5.3b (November 2023)
Provident Growth Fund
A uniquely positioned Growth Fund focused on technology investments in Southeast Asia
-
2 provident growth funds (PGF) launched to date
-
PGF I was launched in March 2018, with a focus on growth stage proven tech leaders in SEA, had a final close of US$141m
-
PGF II was launched in December 2018, with a similar focus as PGF I, has raised a total of US$181m to date
-
PGF key investments: Traveloka, Gojek, Alfamart, Pomelo, ADVANCE.AI, JULO, Topica Edtech Group, Central JD Commerce, Central JD Fintech
Provident Acquisition Corp.
A Nasdaq listed special purpose acquisition company (SPAC)
-
Merged with Perfect Corp, an Asian startup that provides software to beauty and fashion companies