Bogor Life Science and Technology

What Bogor Life Science and Technology does

PT Bogor Life Science and Technology (BLST) is the commercial holding company of IPB University (Institut Pertanian Bogor), established on November 17, 2003, with IPB retaining 99.9% ownership. BLST functions as the university's primary vehicle for commercializing life-sciences research across agriculture, marine, and tropical bioscience, headquartered at Taman Kencana, Bogor, Indonesia. The group organizes nine wholly-owned operating subsidiaries (PT Biomedical Technology Indonesia, PT Botani Seed Indonesia, PT BPRS Botani Bina Rahmah, PT Fits Mandiri, PT Global Scholarship Services Indonesia / IPB Training, PT Primakelola IPB / IPB Consulting, PT Penerbit IPB Press, PT Serambi Botani Indonesia, PT Serambi Botani Food Industry) plus three strategic business units (IPB International Convention Center, IPB Convention Hotel, Plaza Botani) and minority stakes in Hotel Santika Bogor (27%) and Botani Square Mall (20%).

Core products and technologies flow from IPB University's research pipeline: climate-smart rice seed varieties (IPB 9G Garuda, IPB 3S, IPB 13S, IPB 15S, IPB 12S) with productivity up to 11 tons GKP/hectare and 10–20% water / 25% fertilizer efficiency versus common varieties; horticultural genetics (Pepaya Calina IPB, Cabai Besar Alpes IPB, Cabai Rawit Bonita IPB); analog rice, corn spaghetti, and gluten-free functional foods produced via hot filling and spray drying; biomedical contract research including laboratory analysis, pre-clinical trials, and primate biomaterial supply for polio vaccines and COVID-19 RT-PCR testing. Distribution assets span five Serambi Botani retail cafes across major malls in Bogor, Jakarta, and Bekasi; an 83-room hotel; a 2,000+ sqm convention facility accommodating up to 3,000 guests; a regulated Islamic rural bank (the only university-owned BPRS in Indonesia) with 15,321 customers and assets exceeding Rp 100 billion; and a book publishing and bookstore distribution arm (IPB Press).

Revenue mechanics span seed and agricultural product sales (quoted B2B and smallholder distribution), functional food hardware sales via retail and e-commerce, professional services from consulting and training, MICE venue rental and hospitality fees, Islamic banking margins and transaction fees, publishing royalties and printing, and real estate rental from Plaza Botani and minority equity holdings. Pricing is mostly quote-based and undisclosed; IPB Hotel offers five room tiers (Standard 14 sqm to Suite 35 sqm), IICC venue rental is on-request, and BPRS financing terms are negotiated per Sharia agreement. Go-to-market combines sales-led engagement, channel/distribution partnerships, event-driven exposure at industry expos (ILDEX, DITE, IPB Innovation Expo, ARTDO), and community-led academic benchmarking visits — leveraging IPB University's brand and research reputation as the primary customer-acquisition asset.

Name

Bogor Life Science and Technology

Legal name

PT Bogor Life Science & Technology

Website

https://blst.co.id

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

251–500 employees

Short description

PT Bogor Life Science and Technology (BLST) is the commercial holding company of IPB University in Bogor, Indonesia, founded 2003. It commercializes university research via nine subsidiaries spanning seeds, functional food, Islamic rural banking, biomedical CRO, consulting, training, publishing, and hospitality.

Ownership category

akta.pro rank

Headquarters

HQ city

Bogor

HQ country

Indonesia

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Seed and Agricultural Product Sales: PT Botani Seed Indonesia generates revenue through sales of innovative seed varieties (rice, tropical fruits, chili) to farmers, farmer groups, and agricultural businesses. Revenue also comes from consultation services, plantation contractors, and training for small (1-10 Ha), medium (10-50 Ha), and large (>50 Ha) scale farms.
2. Functional Food and Beverage Sales: PT Fits Mandiri and PT Serambi Botani Food Industry sell functional food products including analog rice, gluten-free flour, corn spaghetti, ginger products, and RTD beverages through retail stores, e-commerce, and co-manufacturing. PT Serambi Botani Indonesia operates retail cafes and product distribution.
3. Consulting and Training Services: PT Primakelola IPB (IPB Consulting) and PT Global Scholarship Services Indonesia (IPB Training) generate revenue through professional consulting engagements, public and in-house training programs, benchmarking studies, applied research, management contracts, and investment partnerships in agricultural development and HR management.
4. MICE and Hospitality Services: IPB International Convention Center and IPB Convention Hotel generate revenue from venue rental (grand ballroom, meeting rooms, exhibition spaces), catering services, wedding packages, and hotel accommodation (83 rooms across multiple tiers). IICC accommodates up to 3,000 guests across 2,000+ sqm.
5. Islamic Rural Banking (BPRS Botani Bina Rahmah): BPRS Botani Bina Rahmah generates revenue through Islamic financing (murabahah, mudharabah, ijarah), savings deposits, and financial services. The bank serves agricultural, livestock, fisheries, and SME sectors with total of 15,321 customers as of 2023.
6. Publishing and Printing Services: PT Penerbit IPB Press generates revenue from publishing books (in both Indonesian and English), printing services, and bookstore operations. IPB Press is IKAPI and APPTI member and serves as university press with expertise in agriculture, veterinary, fisheries, and bioscience topics.
7. Real Estate and Property Rental: Plaza Botani generates rental income from parking spaces, commercial spaces, and ATM installations. Primary tenants include PT Damri and PT Bank BNI. BLST also holds stakes in Hotel Santika Bogor (27%) and Botani Square Mall (20%).

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels6 records

Core offering

PT Bogor Life Science & Technology (BLST) is the commercial holding company of IPB University that operates nine subsidiaries and three strategic business units to commercialize university research across agricultural seeds, functional food production, Islamic rural banking, biomedical contract research, professional consulting and training, MICE/hospitality facilities, publishing, and retail distribution of healthy food products.

Differentiator

Problem solved

Functional benefit

Brands

• IPB Consulting: Unit bisnis konsultan profesional berbasis kepakaran IPB University
• IPB Training
• IPB International Convention Center (IICC)
• IPB Convention Hotel
• Serambi Botani Indonesia
• FITS / Fit's
• BOSI (Botani Seed Indonesia)
• BMTI (Biomedical Technology Indonesia)
• BPRS Botani Bina Rahmah

Products and services

• IPB Climate-Smart Rice Seed Varieties
• Functional Food and Beverage Products
• Serambi Botani Retail Cafés
• Islamic Rural Banking Services (BPRS Botani Bina Rahmah)
• Biomedical Contract Research Organization (CRO) Services
• IPB International Convention Center (IICC)
• IPB Convention Hotel
• Professional Consulting Services (IPB Consulting)
• Human Resource Training Programs (IPB Training)
• Academic Publishing (IPB Press)
• Tropical Fruit and Chili Seed Varieties
• Commercial Property Rental (Plaza Botani)

Quantifiable outcome

• IPB 9G rice seed achieves productivity of up to 11 tons GKP per hectare, 10-20% higher than dominant varieties
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• PT Shriram Seed IndonesiacoreStrategic or Co-development Partner · 2 July 2026PT Botani Seed Indonesia (subsidiary of BLST) signed cooperation agreement with PT Shriram Seed Indonesia for development of IPB rice seed varieties (IPB 9G, IPB 13S, IPB 15S) for open market. PT Shriram provides modern seed processing facilities in Pasuruan, East Java, while Botani Seed provides IPB seed varieties and expertise.
• Komite Nasional Ekonomi dan Keuangan Syariah (KNEKS)coreStrategic or Co-development Partner · 19 June 2026KNEKS visited BLST Group (BPRS Botani Bina Rahmah and PT Botani Seed Indonesia) to discuss developing Islamic economics and finance ecosystem through agriculture and Sharia financing. Discussions focused on financing for farmers, farmer groups, and agricultural SMEs using Sharia principles. Pilot project for corn and rice commodities planned in West Bogor, Subang, Indramayu, Purwakarta, Cirebon, and Sukabumi areas, with kick-off targeted for September 2026.
• Timor Agronova, SAcoreStrategic or Co-development Partner · 18 September 2025BLST and Timor Agronova, SA signed a Memorandum of Understanding (MoU) following initial meeting at DILIEX in Timor-Leste (August 2025). Collaboration in agriculture, agromaritime, and sustainable entrepreneurship. Timor Agronova is represented by Rui Castro, Vice Chairman of Timor-Leste KADIN (Chamber of Commerce).
• Majlis Syarikat-Syarikat Induk IPTA Malaysia (MSIM)minorStrategic or Co-development Partner · 3 October 2024BLST co-hosted the Indonesia-Malaysia State University Companies Benchmarking & Networking Forum (October-November 2024) with 14 Indonesian PTNBH companies and 20 MSIM member companies. Theme: 'Advancing Business Cooperation for Global Impact'. Focus on strengthening cross-border business relations between university-owned companies.
• Perum LKBN ANTARAminorGTM or Marketing Partner · 23 August 2024Perum Lembaga Kantor Berita Nasional ANTARA (Indonesia's national news agency) visited BLST to explore media collaboration for disseminating IPB innovations to the public. LKBN ANTARA's management visited IICC for potential media events.
• UTM Innovation and Commercialisation CentreminorStrategic or Co-development Partner · 27 November 2023Universiti Teknologi Malaysia's ICC visited BLST for benchmarking and exploring Southeast Asian collaboration opportunities. UTM ICC team visited Serambi Botani stores, IPB Press Book Corner, Fits Mandiri Pilot Plant, and IPB Convention Hotel.
• All Cosmos Bio-Tech (ACBT), MalaysiaminorStrategic or Co-development Partner · 13 March 2023ACBT Malaysia (parent company managing agriculture, waste management, healthcare & pharmaceutical, and R&D microbial businesses) visited BLST with Botani Seed and IPB Press to explore potential partnerships. Dato' Toni Peng led the delegation.
• BPJS Ketenagakerjaan (BPJamsostek)coreChannel Partner/ Reseller/ Distributor · 10 February 2023BPRS Botani Bina Rahmah signed agency cooperation agreement with BPJS Ketenagakerjaan Bogor Branch for enrollment in the national labor social security program. Targets micro, small, and informal sector workers including farmers, breeders, and fishermen. Part of BPJS's strategy to expand coverage to 46 million participants.
• Asha Fortuna CorporaminorChannel Partner/ Reseller/ Distributor · 1 November 2022Asha Fortuna Corpora partnered with BPRS Botani Bina Rahmah to provide financing access for fishermen. Collaboration aimed at supporting Indonesian fishing communities with Sharia-compliant financial services.
• PRISMA (Australia-Indonesia Partnership for Rural Development)coreStrategic or Co-development Partner · 1 January 2021PRISMA (Australian-Indonesian partnership) has supported IPB University since 2021 in promoting and educating farmers on superior seed varieties including climate-smart rice seeds. PRISMA supports variety trials, connects IPB with local seed breeders and distributors, and provides behavioral insights for future seed development. Successfully introduced IPB 3S to smallholder farmers in Central Java.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Charoen Pokphand Indonesia Tbk: Large integrated agribusiness and poultry/food company operating feed mills, breeding, and processed food across Indonesia; comparable for the agricultural-commercialization and functional-food dimensions of BLST's portfolio.
• PT Pupuk Indonesia (Persero): State-owned fertilizer producer positioned in the same agricultural value chain as Botani Seed and IPB 9G (which is marketed partly on 25% fertilizer efficiency); a key ecosystem counterparty and indirect competitive force for agronomic input decisions.
• Wageningen University & Research: Global leading agricultural research university with an active commercialization/holding arm; the international analogue to BLST's model of university-owned holding company commercializing life-sciences and agricultural research.
• PT Indofood Sukses Makmur Tbk: Indonesia's largest integrated food company; a broad incumbent in functional/processed food where Fits Mandiri and Serambi Botani compete at much smaller scale, but addressing similar dietary (gluten-free, low-GI) consumer needs.

Direct peers

• PT Bio Farma (Persero): Indonesia's state-owned vaccine producer; directly comparable because BMTI supplies long-tailed macaque biomaterials into Bio Farma's polio vaccine production chain, making them adjacent value-chain partners in the same biomedical ecosystem.
• PT Bank Muamalat Indonesia Tbk: Indonesian Islamic commercial bank; directly comparable to BPRS Botani Bina Rahmah on Sharia-compliant banking principles, although operating at a much larger scale and serving different customer tiers.
• East-West Seed Indonesia (Cap Panah Merah): Leading tropical vegetable seed company with significant Indonesia operations; competes head-to-head with Botani Seed in horticulture seed categories including chili and tropical fruit varieties.
• PT Sang Hyang Seri (SHS): Indonesian state-owned seed company producing rice, corn, and horticulture seeds; directly comparable to PT Botani Seed Indonesia in seed development, farmer distribution, and public-sector-aligned variety commercialization.
• Santika Indonesia Hotels & Resorts: Indonesian mid-scale hotel chain already affiliated with BLST through a 27% stake in Hotel Santika Bogor; provides the most direct hospitality comparison given overlapping guest segments and Bogor/Jabodetabek footprint.
• Universitas Gadjah Mada (UGM) — PT Gama Group: Indonesian state university with a similar holding-company structure commercializing university research across multiple verticals — the closest structural analogue to BLST as a university-affiliated commercialization holding company in Indonesia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/blstipb
• Facebookfacebook.com/blst.ipb
• LinkedInlinkedin.com/company/pt-bogor-life-science-and-technology-blst

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Bogor Life Science and Technology