Gojek is an online-based transportation startup. Founded by Nadiem Makarim, the company received a surprising injection of US$550 million (Rp 7.2 trillion) in funding in August 2016. Its investors include KKR, Sequoia Capital, Capital Group, Rakuten Ventures, NSI Ventures, Northstar Group, DST Global, Farallon Capital Management, Warburg Pincus, and Formation Group. Gojek's presence in Indonesia has significantly changed people's transportation habits; many have abandoned conventional transportation in favor of online systems.
The emergence of numerous startups in Indonesia is a fascinating phenomenon, many of which operate in the online market, leveraging internet technology to benefit their users. These companies are built with fantastically large amounts of injected capital.
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