Tjetak Gets Series A Funding, Expands Product Packaging Services

Product packaging development startup Tjetak announces the acquisition of series A funding with an undisclosed amount, led by Vertex Ventures. The funds will be used for regional expansion, talent strengthening, feature development, as well as increasing the capacity of the lab and packaging facilities.

"The improvement of the lab and packaging facilities is important to support the high market demand and to innovate the packaging we produce," explained the Co-Founder. print Anggara Pranaspati in an official statement, Tuesday (25/8).

Angga said, this funding round was closed at the right time, especially many Indonesian people who started business and companies that experienced an increase in sales based on online since the pandemic. This encourages the business world to have good packaging as a way to improve brand values in the eyes of the customer.

This statement is supported by the data he quoted from Tokopedia, that in marketplace platform The number of sellers who joined increased by up to 250%.

“Therefore, Tjetak as a solution startup the packaging which specializes in packaging has great potential to grow and serve more companies in Indonesia.”

Joo Hock Chua, Managing Partner of Vertex Ventures SEA added, “Tjetak is strategically positioned to help MSMEs and large enterprises meet their unique and innovative packaging needs. We are delighted to be an investor in Series A funding and have supported Tjetak's growth from the start.”

Tjetak's business development

Apart from Budget, print also founded by two co-founder others, namely Raffisal Damanhuri and Hasandi Patriawan in 2018. They see the packaging industry has a number of issues, for example, the process to get the price takes a long time and complicated specifications. If the packaging design process is not appropriate, it can cause material losses for business people, and the packaging production process does not run transparently, so it can disrupt production time.

In solving this issue, Tjetak combines technological sophistication and expertise in packaging. For example, in the price request process, there is the Tjetak Pricing Engine technology which can calculate prices up to 70% faster than conventional procedures.

To provide better transparency, clients can track products on the Tjetak platform. There they can find out the stages of ongoing work and get regular updates on the estimated production time.

Currently, Tjetak users come from various types of industries, such as in FMCG for packaging toothpaste products, F&B, e-commerce, logistics, pharmaceuticals with business scales ranging from large scale to SMEs. The company offers four packaging categories, namely corrugated cardboard box/cardboard box, offset printing packaging, flexible packagingand rigid boxes.

Angga said that in the future Tjetak plans to innovate in the category of sustainable packaging or environmentally friendly packaging. Thus, his clients can transition in that direction. "We also want to develop technology that can help with structural and graphic design, so that we can meet various types of packaging that are desired by clients," he concluded.