In StartupBlink's Corporate Startup Activity Index, Sinar Mas ranks #295 globally and #5 in Indonesia. It ranks #64 in the Hardware & IoT industry and #4 in the Manufacturing subindustry.
Sinar Mas has supported 10 startups through programs and investments, with those companies raising a combined $734 million over the last ten years. The company currently operates 4 active startup programs.
Sinar Mas has deployed more than $200 million in startup investments through Sinar Mas Digital Ventures (SMDV) and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.
The company currently runs 4 active startup programs supporting 10 startups worldwide across industries such as Ecommerce & Retail, Energy & Environment, Fintech, and Foodtech. Its venture arm Sinar Mas Digital Ventures (SMDV) has invested in over 5 startups.
The corporate-innovation activity is concentrated in Software & Data, Ecommerce & Retail, and Social & Leisure, categories where Sinar Mas's scale provides outsized leverage to early-stage startups.
Sector, HQ-city and program-location breakdowns for the startups associated with Sinar Mas. Unlock the full breakdown with StartupBlink Pro.
Sinar Mas engages startups through 4 active programs, supporting 10 startups in total based on our database.

Sinar Mas's top 5 associated startups have raised 92% of the $734 million raised in the last ten years across all 10 associated startups, led by AutoX at $277 million. Sinar Mas is associated with 9 active startups and 1 exit. Sinar Mas Digital Ventures supports the largest number of startups, with 5 associated startups.
Disclaimer: This is based on general open web search and prone to mistakes.
| Startup | SB Score | Industry | HQ city | Link Type to Corporation | Linked via |
|---|---|---|---|---|---|
| SB 550 | Social & Leisure | Jakarta | Program Investment | Sinar Mas Digital Ventures | |
| SB 449 | Ecommerce & Retail | Bangkok | Program Investment | Sinar Mas Digital Ventures (SMDV) | |
| SB 432 | Foodtech | Yogyakarta | Program Investment | Sinar Mas Digital Ventures | |
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