# PT BeeGroup Financial Indonesia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-beegroup-financial-indonesia

- Industry: Financial Services
- Headquarters: Jakarta, Indonesia
- Website: www.bukukas.co.id
- Total disclosed funding: $127M
- Latest round: Series C (Jan 25, 2022)
- Investors on record: 27

## About

Based in Indonesia, PT BeeGroup Financial Indonesia is a company specializing in premium domain name sales, facilitating secure and efficient transfers for clients seeking to enhance their digital presence.PT BeeGroup Financial Indonesia, founded in 2019 in Jakarta, Indonesia, operates in the digital domain space, allowing businesses to acquire premium domain names. The company has completed 5 deals, with its latest funding round being Series C amounting to USD 59.72 mn on September 2, 2023, involving investors like CapitalG and Sequoia Capital. The company is led by CEO Krishnan Menon and co-founded by Lorenzo Peracchione.Bukukas.co.id primarily offers premium domain names for sale, facilitating easy and secure transfers to potential buyers. Their core service includes managing the transfer process, ensuring a hassle-free experience for clients. This service is aimed at businesses and individuals seeking to enhance their online presence through high-quality domain names that are expertly curated. The end users primarily consist of entrepreneurs, startups, and established companies looking to establish or revamp their digital identity. The company serves a diverse client base, seeking to tap into both domestic and international markets, with a focus on regions where digital entrepreneurship is rapidly expanding, such as Southeast Asia and beyond.The revenue model for Bukukas.co.id is structured around the sale of premium domain names, where clients can make offers based on their interest in specific domains. Transactions typically occur on a direct-to-consumer basis, allowing individuals and businesses to negotiate prices directly with the company's domain experts. The company also employs a straightforward payment structure that minimizes complexity for buyers. While specific pricing plans for domain names are not disclosed, the process involves potential buyers making offers, after which an expert evaluates and responds within a defined timeframe. This transactional relationship emphasizes customer engagement and value, contributing to the company's revenue generation strategy.In September 2023, PT BeeGroup Financial Indonesia filed for Chapter 7 bankruptcy protection. The company's future growth strategy is currently uncertain due to this recent development, limiting plans for upcoming new products or market expansions.

## Funding rounds

- Series C, Jan 25, 2022, $60M — Hong Shan, Tiger Global Management, CapitalG, Hedosophia, January Capital, EXPLORE INVESTMENTS LLC, Peak XV Partners
- Series B, Jun 19, 2021, $45M — Hong Shan, Endeavor Catalyst, Firebolt Ventures, Hedosophia, Gemini Investments, January Capital, Saison Capital, Alter Global, Cambium Grove Capital
- Series A, Jan 5, 2021, $19M — Speedinvest, Endeavor Catalyst, Taurus Ventures, B Capital, Saison Ventures, Hustle Fund, S7V, January Capital, Alter Global, Cambium Grove Capital, FounderBank Capital, Prasetia Dwidharma, Sprout Investments, Peak XV Partners
- Seed, Feb 5, 2020, $2.8M — 500 Global, Credit Saison, Hustle Fund, Whiteboard Capital, Surge, Analog Capital, Prasetia Dwidharma

## Investors

- 500 Global (https://capitalatlas.ai/funds/500-global) — Seed
- Credit Saison — Seed
- Hustle Fund (https://capitalatlas.ai/funds/hustle-fund) — Seed, Series A
- Whiteboard Capital (https://capitalatlas.ai/funds/whiteboard-capital) — Seed
- Surge (https://capitalatlas.ai/funds/surge) — Seed
- Analog Capital — Seed
- Prasetia Dwidharma (https://capitalatlas.ai/funds/prasetia-dwidharma) — Seed, Series A
- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Series A
- Endeavor Catalyst (https://capitalatlas.ai/funds/endeavor-catalyst) — Series A, Series B
- Taurus Ventures (https://capitalatlas.ai/funds/taurus-ventures) — Series A
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series A
- Saison Ventures (https://capitalatlas.ai/funds/saison-ventures) — Series A
- S7V — Series A
- January Capital (https://capitalatlas.ai/funds/january-capital) — Series A, Series B, Series C
- Alter Global (https://capitalatlas.ai/funds/alter-global) — Series A, Series B
- Cambium Grove Capital (https://capitalatlas.ai/funds/cambium-grove-capital) — Series A, Series B
- FounderBank Capital (https://capitalatlas.ai/funds/founderbank-capital) — Series A
- Sprout Investments — Series A
- Peak XV Partners (https://capitalatlas.ai/funds/peak-xv-partners) — Series A, Series C
- Hong Shan — Series B, Series C
- Firebolt Ventures (https://capitalatlas.ai/funds/firebolt-ventures) — Series B
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Series B, Series C
- Gemini Investments — Series B
- Saison Capital (https://capitalatlas.ai/funds/saison-capital) — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series C
- CapitalG (https://capitalatlas.ai/funds/capitalg) — Series C
- EXPLORE INVESTMENTS LLC — Series C