Skystar Capital
Skystar Capital is a Jakarta-based early-stage venture capital firm founded in 2014 as the venture arm of Kompas Gramedia, investing seed and Series A capital into tech startups across Indonesia and Southeast Asia, with 80+ portfolio companies across 9+ sectors including fintech, healthtech, and AI.
- Company typePrivate
- Founded2014
- HeadquartersJakarta, Indonesia
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Skystar Capital does
Skystar Capital is a Jakarta-based, early-stage venture capital firm established in 2014 as the venture arm of Kompas Gramedia, one of Indonesia's largest media conglomerates. The firm invests seed and Series A capital into technology-driven startups in Indonesia and, increasingly, across Southeast Asia and broader Asia, covering 9+ sectors including fintech, edutech, healthtech, proptech, logistics, web3, consumer, and climate. Its portfolio of 80+ companies includes regional leaders such as Carro, JULO, Paper.id, Fuse, Komunal, and Bridestory, with portfolio companies collectively creating over 10,000 jobs.
The firm operates a lean, partnership-driven model with fewer than 10 employees, anchored by Managing Partners Abraham Hidayat and Edward Gunawan, Partner Geraldine Oetama, Principal Juvenco Pelupessy, and Head of Communication and Partnerships Christopher Josua. Deal sourcing is conducted through a founder proposal portal, Founder Meetups, the Skystar Ventures incubation program with University of Multimedia Nusantara, and an expanding slate of international events. Revenue is generated through portfolio capital gains and standard VC management fees, with specific fund size, AUM, and carry structures not publicly disclosed.
In 2025-2026, Skystar has shifted from a primarily Indonesia-focused posture to a regional one, participating in events in Singapore (AI Week/SuperAI), Vietnam (SEA VC Outlook), South Korea (GSAT 2026), and Hong Kong (InnoEX 2026), while deepening AI as a deliberate investment theme. The firm positions itself as a 'Local Roots, Home for Visionaries' partner emphasizing long-term, hands-on support, regulatory navigation, and network access through the Kompas Gramedia ecosystem.
Skystar Capital firmographics
Firmographics- Name
- Skystar Capital
- Legal name
- Skystar Capital
- Website
- https://skystar.vc
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Skystar Capital is a Jakarta-based early-stage venture capital firm founded in 2014 as the venture arm of Kompas Gramedia, investing seed and Series A capital into tech startups across Indonesia and Southeast Asia, with 80+ portfolio companies across 9+ sectors including fintech, healthtech, and AI.
- Ownership category
- akta.pro rank
Skystar Capital industry classification
Industry- Product category
- Venture Capital / Private Equity
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Geography-Focused Venture Capital (Regional/Emerging Markets) (FSANAAAE)
- akta.pro secondary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Skystar Capital is headquartered
LocationHeadquarters
- HQ city
- Jakarta
- HQ country
- Indonesia
- HQ region
- Asia
Offices1 record
Markets served
Skystar Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others, Technology or R&D
Revenue model
- Investment Returns and Capital Gains: Skystar Capital generates returns through capital gains from successful portfolio companies. As an early-stage VC firm established in 2014, they invest in startups and realize returns through exits, which may include acquisitions, IPOs, or secondary transactions. Their revenue is derived from the appreciation in value of their portfolio holdings.
- Management Fees: VC firms typically charge management fees as a percentage of assets under management to cover operational costs of fund administration, deal sourcing, and portfolio support.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Skystar Capital product offering
Product offeringCore offering
Skystar Capital is an early-stage venture capital firm established in 2014 that invests capital in technology-driven startups across Southeast Asia, with a primary focus on Indonesia. The firm manages 3 funds and has backed over 80 portfolio companies across sectors including fintech, edutech, healthtech, proptech, logistics, and web3, providing not only funding but also operational expertise, strategic network access, and scale-up support through initiatives like Skystar Ventures incubation and regular Founder Meetups.
Product overview
Skystar Capital operates as an early-stage venture capital firm providing investment services and strategic support to tech startups in Southeast Asia and Indonesia. Established in 2014, the firm offers venture capital funding combined with operational expertise, strategic network access, and scale-up resources to help founders reach their full potential. The company manages a portfolio of over 50 startups across sectors including fintech, edutech, healthtech, proptech, logistics, and web3, with notable portfolio companies such as Carro, JULO, Paper.id, Fuse, Komunal, Bridestory, and ESB. The firm also provides a proposal submission platform for founders seeking funding and organizes regular networking events and meetups for portfolio companies.
Differentiator
Problem solved
Functional benefit
Brands
- Skystar Ventures: Incubation program for tech startups in collaboration with University of Multimedia Nusantara, part of Kompas Gramedia Group
Quantifiable outcome
- Over 50 startups invested across 9+ sectors with multiple success stories including unicorns
- +4 more outcomes
Companies that use Skystar Capital
Customer profileNamed customers17 records
Segments3 records
Ideal customer profiles1 record
Skystar Capital technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Skystar Capital partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered major, minor and core.
- Google CloudmajorSupported the FL (Founders Launchpad) Match & Socials event in Singapore as part of Singapore AI Week, providing cloud infrastructure visibility and ecosystem support.
- KMC SolutionsminorSupported FL (Founders Launchpad) Match & Socials event in Singapore, providing workspace and operational support.
- 917VenturesminorSupported FL (Founders Launchpad) Match & Socials event in Singapore as corporate sponsor.
- AspireminorSupported FL (Founders Launchpad) Match & Socials event in Singapore as corporate sponsor.
- OpenAImajorCorporate sponsor for FL (Founders Launchpad) Match & Socials event in Singapore during AI Week, signaling interest in AI startup ecosystem.
- DatabricksmajorCorporate sponsor for FL (Founders Launchpad) Match & Socials event in Singapore, supporting AI/ML startup ecosystem engagement.
- XenditmajorCorporate sponsor for FL (Founders Launchpad) Match & Socials event in Singapore, a leading Indonesian fintech company supporting regional startup ecosystem.
- The Hive SingaporeminorCorporate sponsor for FL (Founders Launchpad) Match & Socials event, providing startup ecosystem support.
- Bespin GlobalminorModerated SEA VC Outlook for Vietnam Market panel discussion featuring Skystar Capital's Juvenco Pelupessy.
- University of Multimedia NusantaracoreThrough Skystar Ventures, maintains collaboration with University of Multimedia Nusantara as part of Kompas Gramedia Group, providing incubation and acceleration for early-stage tech startups.
- HukumonlineminorCollaborated with Hukumonline to host legal sharing session on Indonesia's Cipta Kerja Law implications for employment, providing regulatory education to startups.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Skystar Capital competitors and assessment
Company assessmentDirect peers
- East Ventures: Leading early-stage VC firm focused on Indonesia and Southeast Asia, with a multi-sector thesis covering fintech, consumer, and enterprise SaaS. Directly comparable in stage (seed/Series A), geography, and sector breadth to Skystar Capital.
- AC Ventures: Indonesia-focused early- and growth-stage VC investing across fintech, consumer, and digital economy sectors. Closely comparable in geographic focus, stage, and sector overlap to Skystar.
- Alpha JWC Ventures: Early-stage VC operating across Indonesia and Southeast Asia with a multi-sector mandate. Comparable stage, geography, and thesis to Skystar Capital.
- Monk's Hill Ventures: Early-stage VC backing tech founders across Southeast Asia with focus on Indonesia, Singapore, and Vietnam. Comparable stage and regional approach to Skystar.
- Wavemaker Partners: Early-stage VC with deep Southeast Asia presence investing across enterprise, consumer, and fintech. Comparable stage, geography, and sector breadth.
- Beenext: Singapore-headquartered early-stage VC with strong India and Southeast Asia focus; co-invested with Skystar in Wallex. Comparable stage, sector, and regional approach.
Broad incumbents
- Sequoia Capital / Peak XV Partners: Global venture franchise with significant Southeast Asia investing footprint. Competes for later rounds and follow-ons but operates as a broader incumbent rather than local seed specialist like Skystar.
- 500 Global (500 Startups): Global early-stage accelerator/VC with a large Southeast Asia program. Competes at the seed stage but with broader geographic and sector coverage than Skystar.
- Saratoga Investama Sedaya: Indonesian-listed investment company with active venture/growth arm that has co-invested with Skystar (Rekosistem Series A). A larger incumbent in the same Indonesia ecosystem.
Regional players
- Mandiri Capital Indonesia: Corporate venture arm of Bank Mandiri focused on Indonesian fintech and digital startups. Comparable geography and sector overlap, but driven by a strategic bank sponsor rather than media conglomerate.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Skystar Capital social profiles
Digital presenceSkystar Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Skystar Capital leadership team
Management profileNumber of profiles
Profiles7 records
Skystar Capital subsidiaries and ownership
Company hierarchySubsidiaries1 record
Skystar Capital funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Skystar Capital M&A and investment
M&A and investmentM&A
Investments61 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Skystar Capital
What does Skystar Capital do?
Skystar Capital is an early-stage venture capital firm established in 2014 that invests capital in technology-driven startups across Southeast Asia, with a primary focus on Indonesia. The firm manages 3 funds and has backed over 80 portfolio companies across sectors including fintech, edutech, healthtech, proptech, logistics, and web3, providing not only funding but also operational expertise, strategic network access, and scale-up support through initiatives like Skystar Ventures incubation and regular Founder Meetups.
Is Skystar Capital a public or private company?
Skystar Capital is a private company. It is classified as corporate owned and is currently operating.
When was Skystar Capital founded?
Skystar Capital was founded in 2014. It employs 1 to 10 people.
Where is Skystar Capital based?
Skystar Capital is headquartered in Jakarta, Indonesia, in the Asia region.
How does Skystar Capital make money?
Two revenue lines are on record. Investment Returns and Capital Gains are the primary driver. The others are management Fees.
Who are Skystar Capital's main competitors?
Direct peers on record are East Ventures, AC Ventures, Alpha JWC Ventures, Monk's Hill Ventures, Wavemaker Partners and Beenext. Broad incumbents are Sequoia Capital / Peak XV Partners, 500 Global (500 Startups) and Saratoga Investama Sedaya. Mandiri Capital Indonesia is listed as a regional player.
Does Skystar Capital have an API?
No public API is recorded for Skystar Capital.
What industry is Skystar Capital in?
Skystar Capital's product category is Venture Capital / Private Equity. Its primary akta.pro industry code is FSANAAAE, Geography-Focused Venture Capital (Regional/Emerging Markets), with a secondary code of FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.