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Qlue secures new funding from MDI Ventures

News Desk

The Jakarta Post

Jakarta  /  Mon, February 11, 2019  /  07:27 pm
Qlue secures new funding from MDI Ventures

The Qlue app is seen on a smartphone in Jakarta, on Feb 1, 2017. (JP/Ricky Yudhistira)

Complaint-handling smartphone application Qlue has reportedly secured a new round of financing from MDI Ventures, a corporate venture capital initiative by state-owned telecommunications company Telkom Indonesia.

According to a statement received by The Jakarta Post on Friday, the funding was led by GDP Venture, a venture builder company. The size of investment was not disclosed.

Qlue said the funding would be used to recruit technology and business professionals to develop the tech company’s artificial intelligence (AI) and internet of things (IoT) products.

The company also hopes that the funding will help strengthen strategic synergies within the government and state-owned companies in Indonesia.

Read also: Four years on, Ahok's 'Smart City' legacy lives on

Established in 2016, Qlue is an application designed to gather public complaints and requests. It is best recognized for helping the Jakarta city administration in solving problems ranging from damaged roads and flooding to garbage pile-ups and city hospital services.

Qlue founder and CEO Rama Raditya said that since the beginning, its mission had been about accelerating positive change and he hoped to synergize with many business partners who shared a similar mission.

Rama added that Telkom, through MDI Ventures, would help the company in strengthening its scalability in the government and state-owned companies sectors, helping Qlue to create positive impacts on Indonesia’s digital transformation. (jes/mut)

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