# IDN Media Company

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/idn-media-company

- Industry: Media
- Headquarters: Jakarta, Indonesia
- Website: www.idn.media
- Total disclosed funding: $44M
- Latest round: Series D (Jun 2, 2022)
- Investors on record: 14

## About

Based in Jakarta, Indonesia, and founded in 2014, IDN Media Company is a multiplatform media company for millennials and Gen Z. Winston (CEO) and William Utomo (COO) are the founders of the company. In February 2021, IDN Media Company raised an undisclosed amount of venture funding from an individual investor. The company has over 250 employees as of 2020.

The company offers news and entertainment portals that provide accurate, balanced, useful, and positive information to enable a positive impact on society. The company currently operates 4 digital media: IDN Times (a news and entertainment media platform), Popbela.com (online pop culture and lifestyle site), Popmama.com (a parenting website), and Yummy (a cooking video channel); a creative digital agency: IDN Creative; an event agency: IDN Event; and a creator marketing agency: IDN Creator Network.

The company generates 70 percent of its revenue from advertisements.

The company has plans to accelerate readership growth through the nationwide hyperlocal strategy by expanding its product offerings and technology and exploring strategic partnerships and acquisitions.

## Funding rounds

- Series D, Jun 2, 2022, $23M — East Ventures, Kenanga Investors, OCBC NISP Ventura, DENTSU GROUP INC., V Media Ventures Pte. Ltd., Kreasi Media, Mayapada Group
- Series C, Jan 9, 2019, $15M — East Ventures, LINE Ventures, True Digital Content and Media Company Limited, MARSELA I LTD
- Series B, Dec 12, 2017, $3.5M — East Ventures, Central X Limited
- Series A, Aug 26, 2016, $2.3M — East Ventures, North Base Media, GDP Venture, Looking Glass Capital
- Seed, Jun 19, 2016, $0.2M — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed, Series A, Series B, Series C, Series D
- North Base Media (https://capitalatlas.ai/funds/north-base-media) — Series A
- GDP Venture (https://capitalatlas.ai/funds/gdp-venture) — Series A
- Looking Glass Capital (https://capitalatlas.ai/funds/looking-glass-capital) — Series A
- Central X Limited — Series B
- LINE Ventures (https://capitalatlas.ai/funds/line-ventures) — Series C
- True Digital Content and Media Company Limited — Series C
- MARSELA I LTD — Series C
- Kenanga Investors — Series D
- OCBC NISP Ventura — Series D
- DENTSU GROUP INC. — Series D
- V Media Ventures Pte. Ltd. — Series D
- Kreasi Media — Series D
- Mayapada Group — Series D