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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Gojek

A leading Super App in Southeast Asia with over 170 million total downloads

  • Provides on-demand services such as ride hailing and food delivery

  • Indonesia's largest mobile on-demand platform, mobile wallet and express logistics network

  • Gojek is Indonesia’s domestic tech champion. With significant growing importance to Indonesia’s people and the economy, Gojek was Indonesia’s first unicorn technology company

  • Gojek has demonstrated a strong fund-raising ability with a F+ round post-money valuation of over US$10b

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JD.ID

A growing e-commerce platform with over 20 million users in Indonesia

  • E-commerce firm providing reliable, fast and safe original quality products with competitive prices

  • A joint venture of Chinese e-commerce giant, JD.com and Gojek

  • Has its own logistics fleet and is supported by a large group of partners throughout Indonesia

  • Indonesia's sixth unicorn with valuation surpassing US$1b.

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: JD.ID, 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)