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Tech in Asia (YC W15) is the largest English-language technology media company that focuses on Asia. From the latest news to the hottest trends and the boldest startups to the strongest titans, we cover everything tech in the region. Our goal is to build and serve Asia’s tech and startup community.

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<ul><li>MSMEs play a big role in Indonesia’s economy. In 2019, the Indonesian government <a href="https://djpb.kemenkeu.go.id/kppn/lubuksikaping/id/data-publikasi/artikel/3134-kontribusi-umkm-dalam-perekonomian-indonesia.html" target="_blank" rel="noopener">reported</a> that there were 65.4 million MSMEs in Indonesia, constituting 60.5% of its GDP.</li><li>But for many of these small companies <a href="https://www.techinasia.com/smes-sea-invest-130b-digitalization-report" target="_blank" rel="noopener">across the region</a>, digitalization is still a new concept, and this provides opportunities for <a href="https://www.techinasia.com/shopee-opens-warehouse-jakarta-export-msme-products" target="_blank" rel="noopener">big tech companies</a> as well as startups to fill the gap.</li><li>One such player is Indonesia-based <a href="https://www.bababos.com/" target="_blank" rel="noopener">Bababos</a>, which targets SMEs in the manufacturing space. The startup operates a platform that matches these SMEs with suppliers of raw materials like steel, polymers, and chemicals.</li></ul>

MSMEs play a big role in Indonesia’s economy. In 2019, the Indonesian government reported that there were 65.4 million MSMEs in Indonesia, constituting 60.5% of its GDP.But for many of these small companies across the region, digitalization is still a new concept, and this provides opportunities for big tech companies as well as startups to fill the gap.One such player is Indonesia-based Bababos, which targets SMEs in the manufacturing space. The startup operates a platform that matches these SMEs with suppliers of raw materials like steel, polymers, and chemicals.

East Ventures Leads $3m Round of Indonesian Raw Materials Platform

Indonesia

Bababos operates as a raw material supplier. The Company through its platform helps small and medium enterprises (SMEs) to get the raw material such as steel, polymer, and chemical, as well as offers provision of raw material, request aggregation, and tempo facilities. Bababos serves customers in Indonesia.

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Bababos (2306059D IJ)

East Ventures Leads $3m Round of Indonesian Raw Materials Platform

MSMEs play a big role in Indonesia’s economy. In 2019, the Indonesian government reported that there were 65.4 million MSMEs in Indonesia,...

Tech in Asia

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