XL Axiata Tbk

XL Axiata Tbk

Signal active

Investment Firm

Overview

XL Axiata Tbk (XL), formerly PT Excelcomindo Pratama Tbk, is a telecommunications company that offers consumers and businesses with mobile and telecommunications network services. The company’s corporate customer base includes governmental and non-governmental SMEs and large organizations in the industries of manufacturing, services, transportation, banking, wholesale, and more.

The company’s portfolio of services includes basic telephony services; internet services such as closed fixed network services, internet telephony service for public interest license, and internet interconnection services; corporate GSM services such as corporate user group-GSM, roaming, PABX integration, voice over Internet protocol, and SMS broadcasting services; corporate data services; leased line, IP/VPN-MPLS, metro Ethernet, and collocation services; and machine to machine services such as automatic meter reading, electronic data capture, enterprise mobile solution, vehicle tracking, mobile surveillance, and personal tracker services.

XL Axiata Tbk also offers mobile advertising through SMS, MMS, and display channels; cloud server and storage services; and digital merchant services. Further, the company is involved in the rental of telecommunications towers.

XL Axiata Tbk was founded on October 8, 1996, and is headquartered in Jakarta, Indonesia. The company is a part of Axiata Group, an Asian telecommunication company.

Highlights

Founded

1996

Industry

Mobile

Employees

1001-5000

Investment

3

Lead Investment

1

Exits

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Stages

Private Equity

Investor Type

N/A

Location

Asia

Contact Information

Social

Profile Resume

XL Axiata Tbk, established in 1996 and headquartered in Asia., specializes in Private Equity investments across E-Commerce, Marketplace, Fashion, Information Services, Information Technology, Financial Services, Finance, Logistics, Fleet Management, Venture Capital. Their recent investments include Elevenia, Finfleet, Kejora Capital, Asiantrust Capital Partners. The highest investment round they participated in was $945.6M. Among their most notable exits are Elevenia and Finfleet. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Hasnul Suhaimi

Hasnul Suhaimi

President Director & Chief Executive Officer

imagePlace Willem Timmermans

Willem Timmermans

Director & Chief Operating Officer

imagePlace Ongki Kurniawan

Ongki Kurniawan

Director & Chief Service Management Officerr

imagePlace Arifa Febriyanti

Arifa Febriyanti

Head of IoT

imagePlace Raden Supriadi

Raden Supriadi

Data Service Network

Investment portfolio

XL Axiata Tbk has made 3 investments. Their most recent investment was on Oct 22, 2019, when Finfleet raised $3.5M.

investments

3

Diversity investments

0

Lead investments

1

Number of exits

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Investments

3

Annouced DateOrganization NameIndustryMoney Raised
Mar 12, 2015
Elevenia Elevenia
E-Commerce18.3M
Feb 01, 2016
Elevenia Elevenia
E-Commerce50.0M
Oct 22, 2019
Finfleet Finfleet
Information Services3.5M

Exits

0

Funding Timeline

Funding rounds

3

Investors

0

Funds

0

Funding Rounds

3

XL Axiata Tbk has raised 3 rounds. Their latest funding was raised on Oct 22, 2019 from a Venture Round - Finfleet round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Mar 12, 2015
Private Equity Round - Elevenia Private Equity Round - Elevenia
-18.3M-
Feb 01, 2016
Private Equity Round - Elevenia Private Equity Round - Elevenia
-50.0M-
Oct 22, 2019
Venture Round - Finfleet Venture Round - Finfleet
-3.5M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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Recent Activity

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