Jul 2019

Written by

Mountain Partners

The investment will see both companies expedite their business expansion more rapidly in the areas of technology development, product innovation as well as sales and marketing.


Publicly-listed DIVA aims to modernize small and medium enterprises operating in Indonesia, empowering them with both technology and innovative products.


The company provides a unified multi-payment device called DIVA Smart Outlet (OS) that can process various cash and non-cash payments as “point-of-sale” (POS) and offers digital products, as well as an AI-empowered integrated messaging platform called DIVA IIM, which rides on popular applications such as WhatsApp, LINE, Telegram, and Facebook Messenger.


Pawoon, meanwhile, offers a software and hardware solution to Indonesian small and medium enterprises, allowing businesses to manage their inventory and payment. The company, which raised its Series A funding round from local VC Kejora Ventures last year, is utilised by more than 10,000 merchants, spread over 200 cities nationwide.



You can find the interview at this address.