Klikdaily CEO Amos Gunawan
Klikdaily, an FMCG supply chain startup in Indonesia, is planning to launch an initial public offering (IPO) in the next three years, its Founder and CEO Amos Gunawan told e27.
The Tangerang, Banten-headquartered company is considering various stock exchanges in Southeast Asia for the IPO debut.
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The discussions are still in the initial stages, and the company is “actively communicating” with its investors and partners in this regard.
“At Klikdaily, we follow a culture of ‘don’t wait for the right time to do something as there will never be a right time. Just do it’,” stated Gunawan. “We hope to launch a successful IPO with the right support and business strategy and by expanding into many vital sectors.”
“Since the beginning, we have been focused on the right and strong business model and market fit, and we would like the public to support our growth even further. Supply chain is a vast market. By going public, we would like to bring the industry to the next level,” he shared.
Klikdaily is a one-stop solution for traditional mom ‘n’ pop stores to get various products from multiple brands with a competitive price. As on May this year, the firm claims to have served thousands of stores in 600 districts across Indonesia.
Klikdaily claims that its business grew more than 900 per cent in the January 2019-September 2020 period and its service is now available in every province, district and sub-district across Indonesia.
A few months ago, Klikdaily secured an undisclosed sum in Series A funding, led by Berlin-based Global Founders Capital (GFC). This round came less than a year after it secured pre-Series A from GFC, Pegasus Tech Ventures, FundedHere and Teja Ventures.
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According to Gunawan, Klikdaily plans to execute three innovation strategies that focus on sustainability and National Economic Recovery. These strategies will be carried out through locally-produced products (private labels), through an effective and efficient supply chain ecosystem and by providing financial support for MSME partners.
In the near future, Klikdaily, together with strategic its partner producers, plans to launch 25 private labels.
“We believe in the importance of building a sustainable business that continues to provide solutions for people. Based on a data from Supply Chain Indonesia (SCI), the sector has more than 12 per cent of average annual growth that contributes nearly US$70 billion to the nation’s economy in 2020. This means there is a huge market in the supply chain sector,” he shared.
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Image Credit: Klikdaily
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