Kudo is Indonesia’s leading Online-to-Offline (O2O) platform. Kudo enables digital entrepreneurs (“agents”) across Indonesia to become the gateway for unbanked & less tech-savvy customers to the digital ecosystem. Kudo’s extensive agent network across 500+ cities in remote towns and rural areas of Indonesia enables customers to transact & pay online for the first time in their lives. The company offers a wealth of services through partnership with various merchants & suppliers, ranging from cell-phone top-up, bill payments, online shopping, all the way to fin-tech & digital payment services. Kudo was co-founded by Albert Lucius & Agung Nugroho in 2014.
Since May 2017, Kudo has officially been acquired by Grab, Southeast Asia’s leading ride-hailing platform. Together with Grab, Kudo is committed to enable underserved customers to transact online through technology in Southeast Asia.
Since May 2017, Kudo has officially been acquired by Grab, Southeast Asia’s leading ride-hailing platform. Together with Grab, Kudo is committed to enable underserved customers to transact online through technology in Southeast Asia.
Location: Indonesia, Jakarta Special Capital Region
Employees: 501-1000
Founded date: 2014
Investors 4
| Date | Name | Website |
| - | Spiral Ven... | spiral-ven... |
| - | Strive | strive.vc |
| - | 500 Startu... | 500.co |
| - | Skystar Ca... | skystar.vc |
Mentions in press and media 10
| Date | Title | Description |
| 12.09.2019 | Scammers used Grab-owned O2O commerce app Kudo to skim money from Indonesian state-owned bank | Fraud in the form of transaction manipulation via digital platforms is an emerging threat. In Indonesia, a recent case involved an app called Kudo, which is part of ride-hailing platform Grab. It was reportedly misused to steal money from a... |
| 11.04.2019 | Kudo’s untold story: how it got invested by East Ventures to enable Indonesia’s unbanked | CommunityEcommerceStartups Leighton Cosseboom · 11 Apr 2019 · 6 min readKudo’s untold story: how it got invested by East Ventures to enable Indonesia’s unbanked This article is part of a series by East Ventures (a Tech in Asia investor) rev... |
| 22.01.2018 | It’s Becoming Increasingly Difficult For Newcomers To Enter The Mobile Wallet Space In Indonesia | Providers of digital goods and services in Indonesia had to be inventive to make their business work. Credit cards aren’t widespread in the country, with only an estimated 7 to 8 million out of a population of roughly 265 million owning one... |
| 02.04.2017 | Uber rival Grab makes first major acquisition to build out its payments platform | Grab, Uber’s biggest rival in Southeast Asia, has completed its first major acquisition after it bought up Indonesian startup Kudo to boost its nascent mobile payments platform. Neither party is giving a figure for the size of the deal, whi... |
| 14.02.2017 | Term Sheet — Tuesday, February 14 | OPEN MIC It’s feedback time. Paid Content Securing the enterprise without boundaries From ExtraHop …Mike Moritz’s op-ed against carried interest, private equity and Stephen Schwarzman: Anon writes: I have become slightly appalled with how s... |
| - | Indonesian Govt Launches Ayo Mudik Travel App To Assist Travellers | The Indonesian government launched a smartphone application Ayo Mudik last week in order to assist travellers during the annual Eid-ul-Fitr exodus. The Ayo Mudik app enables travellers to get access to real-time traffic information. Ayo Mud... |
| - | Grab To Acquire Indonesia Based O2O Payments Startup Kudo | Taxi-hailing platform Grab is reportedly in advanced stages to buy Indonesia-based O2O payments startup, Kudo. As per a report by TechCrunch, both the parties are in advanced stages of the deal that could be announced by the end of the curr... |
| - | Indonesia Based O2O Ecommerce Startup Kioson Raises $450K Funding To Take On Kudo | Indonesia-based O2O ecommerce startup Kioson has raised about $450K funding from Mitra Komunikasi Nusantara (MKN). Indonesia-based MKN is a listed company that deals with gadgets, prepaid phone vouchers and sim cards. With this investment, ... |
| - | Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [13 February – 18 February] | Indonesia and its startups are the next big thing for the Southeast Asian economy. Here’s our roundup for all the startup happenings in the archipelago this week.Grab To Acquire Indonesia Based O2O Payments Startup Kudo Taxi-hailing platfor... |
| - | Indonesia Weekly Review: 3 Archipelago Startup Stories You Don’t Want To Miss This Week [19 December – 24 December] | Tech entrepreneurs are gravitating to locations beyond the Silicon Valley to fulfill their startup dreams. While there is a surge in the number of startups in India, China, Singapore, and Japan, the Indonesian startup market is quickly beco... |