1. Startups

Mekari Reportedly Has Acquired Qontak (UPDATED)

Previously, it was stated that one of Mekari's series D investment fund allocations will be used for the acquisition of SaaS startup startups

Last week, Mekari confirmed the results series D pendanaan funding worth $18 million. To DailySocial, Co-Founder & CEO Suwandi Soh said, one of the fresh funds will be used to acquire other SaaS startups.

The latest news is that Mekari has acquired Qontak, a startup developer of CRM and Omnichannel services. It is known, the valuation of Qontak before it was acquired was around $4 million.

We've tried to confirm this news to the executives of each company, but both declined to comment. (Update: Mekari confirmed this news through a release circulated to the media.)

After the acquisition, Qontak's CEO will join as an executive at Mekari and continue to lead Qontak as one of Mekari's business units. It was also stated that currently Mekari has been used by more than 30 thousand companies and 300 thousand employees. Meanwhile, Qontak has had more than a thousand clients to assist the process of digitizing sales and customer service.

"There is a common vision and mission between Mekari and Qontak in creating a synergized SaaS ecosystem in Indonesia to better support the operations and business growth of our customers. This merger will provide more integrated solutions and more comprehensive coverage for various business operational areas. ," said Qontak Founder & CEO Brendan Rakphongphairoj.

"The solution from Qontak will provide better added value for Mekari product users in increasing business revenue, creating a better customer communication experience, and increasing the productivity of the sales and support team," said Mekari CEO Suwandi.

This strategic action will expand services in the Mekari ecosystem. As it is known that Mekari does have a mission to become the most complete SaaS provider for businesses. Currently they operate Telenta (payrolls), Sleekr (HRIS), Jurnal (accounting), and KlikPajak (taxation).

More Coverage:

Brand Mekari is starting to be echoed since April 2019At that time, Sleekr officially consolidated with three other startups. The expansion of services also continues to be intensified. In 2020, they just launched Mekari Flek to help companies manage employee benefits; also Mekari University as a B2B edtech platform. In addition to entering, the Attendance application was also launched to make it easier for the HR team to make attendance for their remote workers.

Besides Brendan, Qontak was also founded by Burhanudin Hakim (Co-Founder & CTO) since 2015. Finally, they have received A pre-series funding in August 2019. The investment round was led by Azure Ventures, supported by Amand Ventures, SeaCap Venture, and Indonusa Dwitama.

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