Mayapada Group

What Mayapada Group does

Mayapada Group is an Indonesia-based diversified conglomerate founded in 1989. It operates across financial services, healthcare, media, hotel and real estate, specialty retail, and mining and energy; its principal listed operating subsidiaries include PT Bank Mayapada International Tbk (MAYA) and PT Sejahteraraya Anugrahjaya Tbk (SRAJ). The Group serves SMEs, commercial enterprises, Indonesian consumers, and middle-class healthcare users through businesses including Bank Mayapada, Mayapada Hospital, Mayapada Clinic, media operations, retail properties, and hospitality assets.

Bank Mayapada offers working-capital and investment loans, deposits, foreign-exchange services, and digital access through MyMobile and MyOnline. Its supplied distribution footprint includes 216 bank offices, 144 ATMs, and access to more than 120,000 Prima ATMs. Mayapada Healthcare operates four hospitals in Tangerang, South Jakarta, Bogor, and Kuningan using a hub-and-spoke model supported by clinics, while the broader portfolio includes media, DFS-linked duty-free retail, hospitality, office property, and mining and energy.

Revenue mechanics span loan interest, fees, foreign exchange, patient and medical services, subscription-based media, transactional retail, and property and hospitality management. Specific prices for banking, healthcare, and other services are not publicly disclosed; bank credit products use monthly billing, while other services are generally quote-based. The evidence supports a diversified operating model, but no current consolidated group revenue or margin profile is supplied.

Name

Mayapada Group

Legal name

Mayapada Group

Website

https://mayapadagroup.com

Company type

Public

Founded year

1989

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Mayapada Group is an Indonesian conglomerate serving consumers, SMEs, and commercial clients through banking, healthcare, media, retail, hospitality, property, and mining and energy. Its distribution combines physical branches, hospitals, partner networks, and digital banking platforms.

Ownership category

akta.pro rank

Headquarters

HQ city

Dki Jakarta

HQ country

Indonesia

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Banking Services: Bank Mayapada generates revenue through interest on loans (working capital loans and investment loans), fee-based services, and foreign exchange operations. As a BUKU III bank, it serves SMEs and commercial enterprises with credit products.
2. Hospital and Healthcare Services: Mayapada Hospital operates as PT Sejahteraraya Anugrahjaya Tbk (SRAJ) and generates revenue from patient services, medical treatments, and healthcare facilities. Revenue reached Rp769.63 billion by September 2019.
3. Insurance Services: Partnership with Zurich Insurance and Sompo Japan NipponKoa Insurance for insurance services in Indonesia.
4. Specialty Retail: Partnership with Duty Free Shoppers (DFS), a subsidiary of LVMH Group, for luxury goods retail operations in Bali.
5. Media and Publishing: Forbes Indonesia magazine partnership, Gou Ji Ri Bao (International Daily News) Chinese-language newspaper, and satellite Pay-TV services through MyTV.
6. Hotel and Real Estate: Investment and management of office towers, shopping malls, and hospitality properties across Indonesia and Singapore.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels3 records

Core offering

Mayapada Group is an Indonesian conglomerate delivering financial services (commercial and consumer banking via PT Bank Mayapada International, insurance through Zurich and Sompo Japan partnerships), healthcare services (a hub-and-spokes network of four Mayapada Hospitals supported by clinics and a nursing academy), media (satellite Pay-TV MyTV, Forbes Indonesia, Chinese-language newspaper), specialty retail (DFS duty-free partnership in Bali), hospitality and real estate (luxury resorts, CBD office towers), and mining and energy. The portfolio is anchored by BUKU III classified Bank Mayapada serving SMEs and commercial enterprises alongside consumer banking customers.

Product overview

Mayapada Group is a diversified Indonesian conglomerate operating across six business sectors. Its financial services arm is anchored by PT Bank Mayapada Internasional (ticker MAYA), complemented by insurance partnerships with Zurich Insurance and Sompo Japan. The healthcare division operates Mayapada Hospital, a hub-and-spokes network including four hospitals in Tangerang, Jakarta Selatan, Bogor, and Kuningan, supported by Mayapada Clinic and AKPER Antariksa nursing academy. The media segment includes MyTV (satellite Pay-TV), Forbes Indonesia, Topas TV, and Gue Ji Ri Bao newspaper. Retail operations feature duty-free shopping via DFS at Bali Galleria and a luxury all-suite resort managed by Regent Hotel. Property holdings include Mayapada Tower 1 & 2 and Sena Topas Tower in Jakarta's CBD plus two Singapore office buildings. The group also has mining and energy interests.

Differentiator

Problem solved

Functional benefit

Brands

• Mayapada Tower 1: Office tower in Central Business District Jakarta
• Mayapada Tower 2
• Sena Topas Tower
• MyMobile
• MyOnline
• Mayapada Hospital Tangerang
• Mayapada Hospital Jakarta Selatan
• BMC Mayapada Hospital Bogor
• Mayapada Hospital Kuningan (MHKN)
• Mayapada Clinic
• AKPER Antariksa
• MyTV
• Forbes Indonesia
• Gou Ji Ri Bao (International Daily News)
• Topas TV
• Bali Galleria

Products and services

• Bank Mayapada (PT Bank Mayapada International Tbk) Commercial and foreign exchange bank serving SMEs, commercial enterprises, and individual consumers across Indonesia with 216 branches, 144 ATMs, and access to 120,000+ Prima ATMs. Offers working capital loans (KMK), investment loans (KI), digital banking (MyMobile and MyOnline), deposits, and foreign exchange services.
• Mayapada Hospital Network Hub-and-spokes hospital and clinic network operating four hospitals (Tangerang, Jakarta Selatan, Bogor, Kuningan) supported by Mayapada Clinics and the AKPER Antariksa nursing academy. Provides specialty services including Women and Children Center, Internal Medicine, Sport Medicine, Pain Management, and One Stop Service Medical Check Up for Indonesia's middle class.
• MyTV (Satellite Pay-TV) Satellite Pay-TV service operated by Mayapada Group, addressing Indonesia's low penetration rate for premium and affordable pay-TV content.
• Forbes Indonesia Magazine Indonesian edition of Forbes Magazine, operated under a local partnership, providing independent analysis and in-depth coverage of Indonesia's business marketplace.
• Gou Ji Ri Bao (International Daily News) Mandarin-language daily newspaper targeting the Chinese-speaking business community in Indonesia.
• Topas TV Pay-TV channel operated by Mayapada Group as part of its media business.
• Duty Free Shoppers (DFS) Bali Retail Partnership Specialty retail partnership with DFS (a subsidiary of LVMH Group), operating duty-free luxury goods retail in Bali, Indonesia.
• Bali Galleria Shopping Mall Shopping mall developed by Mayapada Group in Bali to serve the local community's leisure and entertainment needs.
• Mayapada Resort Bali 95 all-suite luxury resort in Bali managed by Regent Hotel, emphasizing bespoke and luxury experiences for international travelers.
• Mayapada CBD Office Towers (Mayapada Tower 1, Mayapada Tower 2, Sena Topas Tower) Office towers in Jakarta's Central Business District operated by Mayapada Property for commercial leasing, plus two office buildings in Singapore's CBD.
• Mayapada Group Mining and Energy Mining and energy business segment of Mayapada Group contributing to Indonesia's natural resource industry.

Quantifiable outcome

• Credit portfolio grew 9% year-on-year by December 2019
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• NH NongHyup Financial GroupcoreStrategic or Co-development Partner · 21 May 2026NH NongHyup Financial Group signed a strategic partnership with Mayapada Group in Jakarta to cooperate on digital transformation, risk management, investment banking, brokerage, and wealth management in Indonesia. The agreement enables NH NongHyup to leverage Mayapada's local networks as it explores potential market expansion in ASEAN's largest economy. Following the signing, NH NongHyup's chairman also met with Danantara, Indonesia's sovereign wealth fund, to discuss potential joint investments in climate tech funds.
• Universitas Gadjah Mada (UGM)coreStrategic or Co-development Partner · 13 March 2026Universitas Gadjah Mada (UGM) and Sejahteraraya Anugrahjaya Inc. (Mayapada Healthcare) formed a strategic partnership to enhance education, research, and healthcare service innovation in Indonesia. The collaboration includes joint medical research, healthcare technology development, and clinical training for students and professionals.
• Zurich InsurancecoreChannel Partner/ Reseller/ DistributorMayapada Group partnered with world-renowned Zurich Insurance to venture into the insurance industry in Indonesia, offering insurance products to customers.
• Sompo Japan NipponKoa InsurancecoreChannel Partner/ Reseller/ DistributorPartnership with Sompo Japan NipponKoa General Insurance for insurance services, complementing the Zurich Insurance partnership.
• Duty Free Shoppers (DFS)coreChannel Partner/ Reseller/ DistributorDuty Free Shoppers (DFS), a subsidiary of LVMH Group, partnered with Mayapada Group in the late 1980s for luxury goods retail operations in Bali, Indonesia. This was one of Mayapada's early ventures that helped build culture and quality standards.
• Regent HotelminorChannel Partner/ Reseller/ DistributorRegent Hotel was appointed to manage Mayapada's flagship resort in Bali, helping the group enter the hospitality industry and win resort awards.
• BPJamsostekcoreStrategic or Co-development PartnerBogor Medical Centre (BMC) Mayapada Hospital Bogor formed a partnership with BPJamsostek (Badan Penyelenggara Jaminan Sosial Ketenagakerjaan) for healthcare services under the Work Accident Insurance program (Jaminan Kecelakaan Kerja/JKK).
• Forbes MagazinecoreStrategic or Co-development PartnerMayapada Group was chosen as the local partner for Forbes Indonesia magazine, bringing independent business analysis and coverage of the Indonesian business marketplace.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Salim Group: Long-established Indonesian conglomerate spanning consumer (Indofood), banking (Bank INA), property, and diversified holdings — comparable as a family-controlled Indonesian diversified group with parallel banking, consumer, and real estate exposure.
• Lippo Group: Indonesian diversified conglomerate spanning banking (formerly Lippo Bank), healthcare (Siloam Hospitals), retail (Matahari), property, and media — operating as the closest structural analog to Mayapada across financial services, hospital, retail, and real estate verticals in Indonesia.
• Bank Tabungan Negara (BTN): State-owned Indonesian commercial bank specializing in mortgage and consumer lending — comparable as a mid-large Indonesian commercial bank with similar BUKU-class profile, customer demographics, and Indonesia-only geographic exposure to Bank Mayapada.
• Siloam International Hospitals: Indonesia's largest private hospital network operating a hub-and-spokes model — directly comparable to Mayapada Hospital's four-hospital hub-and-spokes strategy and middle-class Indonesian patient focus.
• MNC Group (MNC Investama): Indonesian listed conglomerate with overlapping footprint in banking (MNC Bank), media (MNCTV, RCTI), healthcare, and financial services — directly comparable as a publicly traded Indonesian diversified group with similar mix of banking and non-bank consumer verticals.
• Mitra Keluarga Karyasehat (MIKA): Listed Indonesian hospital operator targeting middle-class urban patients — directly comparable as a private Indonesian hospital chain competitor to Mayapada Hospital's Jakarta and surrounding-cities footprint.
• Sinar Mas Group: Major Indonesian diversified conglomerate spanning financial services (Bank Sinarmas), real estate (Sinar Mas Land), pulp and paper, and consumer products — comparable as a diversified Indonesian group with parallel banking and property exposure.

Broad incumbents

• Bank Mandiri: Indonesia's largest bank by assets and the state-owned commercial banking leader — represents the BUKU IV scale benchmark and competitor for SME, corporate, and consumer banking that Bank Mayapada operates in.
• Bank Central Asia (BCA): Indonesia's largest privately controlled commercial bank and the dominant SME/consumer franchise — establishes the upper-bound scale benchmark that Bank Mayapada's BUKU III positioning competes against.
• Astra International: Indonesia's largest listed diversified conglomerate spanning automotive, financial services (including banking stakes), heavy equipment, and property — comparable as a structurally similar Indonesian conglomerate, though at materially larger scale.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/mayapada-group

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries17 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 Mayapada Group