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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.

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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$6.8b (December 2022)

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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

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Provident Acquisition Corp.

A Nasdaq listed special purpose acquisition company (SPAC)

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  • Merged with Perfect Corp, an Asian startup that provides software to beauty and fashion companies

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