According to the bank document, "IFC is considering an equity investment in Pasarpolis, an early-stage insurtech company in Indonesia offering micro and modular insurance products. Pasarpolis serves as an infrastructure platform connecting insurance companies, digital ecosystem partners and end customers."
Pasarpolis is based in Indonesia. The company's operations are primarily in Indonesia, with some operations in Thailand and Vietnam.
"The proposed equity investment is up to US$5 million in preferred shares."
Pasarpolis shares are held by the founder, three Indonesian digital platforms (GoJek, Tokopedia, Traveloka), East Ventures (an Indonesia-based VC fund) and angel investors.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||PT Aplikasi Karya Anak Bangsa (GoJek)||Parent Company||-|
|-||-||-||-||PT Pasarpolis Indonesia||Client||-|
1/ Project Contact
PT Pasarpolis Indonesia
Name: Cleosent Randing CEO
Phone: (+62) 3044 8080
Address: Gedung Tifa, J1, Kuningan Barat 1 No.26, RT.6/RW.1 West Kuningan
Mampang Prapatan, South Jakarta
2/ IFC Contact
General IFC Inquiries
2121 Pennsylvania Avenue, NW
Washington DC 20433
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