Klikdaily, an FMCG supply chain startup in Indonesia, is planning to launch an initial public offering (IPO) in the next three years, its Founder and CEO Amos Gunawan told e27.
The Tangerang, Banten-headquartered company is considering various stock exchanges in Southeast Asia for the IPO debut.
The discussions are still in the initial stages, and the company is “actively communicating” with its investors and partners in this regard.
Klikdaily is a one-stop solution for traditional mom ‘n’ pop stores to get various products from multiple brands with a competitive price. As on May this year, the firm claims to have served thousands of stores in 600 districts across Indonesia.
Klikdaily claims that its business grew more than 900 per cent in the January 2019-September 2020 period and its service is now available in every province, district and sub-district across Indonesia.
According to Gunawan, Klikdaily plans to execute three innovation strategies that focus on sustainability and National Economic Recovery. These strategies will be carried out through locally-produced products (private labels), through an effective and efficient supply chain ecosystem and by providing financial support for MSME partners.
In the near future, Klikdaily, together with strategic its partner producers, plans to launch 25 private labels.