# PT Limakilo Majubersama Petani

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pt-limakilo-majubersama-petani

- Industry: Agribusiness
- Headquarters: Jakarta, Indonesia
- Website: www.limakilo.id
- Latest round: Seed (May 23, 2016)
- Investors on record: 1

## About

PT Limakilo Majubersama Petani specializes in sustainable transportation solutions, primarily focusing on electric bicycles to enhance mobility for urban commuters and environmentally conscious users in Asia and Europe.Founded in 2015, PT Limakilo Majubersama Petani operates from Jakarta, Indonesia, providing electric bicycles and lifestyle products. The company has completed two funding deals, with the most recent transaction occurring on February 27, 2019, when it was acquired by Warung Pintar, backed by multiple venture capital firms.Limakilo offers electric bicycles designed for affordability and efficiency, catering to various customer segments including urban commuters and recreational cyclists. The company also provides lifestyle products that blend technology with traditional practices, appealing to consumers seeking modern convenience with cultural significance.Limakilo's revenue is generated primarily through direct-to-consumer sales via retail partnerships and online platforms. The company focuses on competitive pricing strategies for its electric bicycles, which serve as flagship products, facilitating accessibility for eco-conscious consumers while also offering maintenance services and accessories.PT Limakilo plans to expand its product line with new electric bicycle models expected to launch in 2023, enhancing its appeal in the growing markets of Asia and Europe. The company aims to utilize resources from its acquisition funding to support this expansion and develop innovative solutions that meet the needs of its target audience.

## Funding rounds

- Seed, May 23, 2016 — East Ventures

## Investors

- East Ventures (https://capitalatlas.ai/funds/east-ventures) — Seed