BukuWarung

BukuWarung YC Application

Summer 2020Active

BukuWarung went through Y Combinator in the Summer 2020 batch as a Fintech company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Summer 2020
Industry
FintechPayments
Team size
250
Status
Active
Launched
2020

Founders

  • Abhinay Peddisetty
    Abhinay PeddisettyFounder

What BukuWarung does

BukuWarung is SEA's fastest growing startup and we are building digital infrastructure for 60 million MSMEs in Indonesia. BukuWarung's vision is to empower 60 million MSMEs in Indonesia to become financially aware and enable them to manage and grow their business using our technology platform, starting with bookkeeping, online storefront and payments. BukuWarung has raised $80M from top tier VCs globally: Peter Thiel's Valar Ventures, Goodwater Capital, Y-Combinator, Rocketship.vc, AC Ventures, Quona Capital, East Ventures, Golden Gate Ventures, SoftBank Partners, DST Global Partners, and strategic angel investors from Stripe, PayPal, Plaid, Grab, Gojek, Facebook, AirBnB, Fast, Mastercard.

BukuWarung's YC application, reconstructed

Y Combinator application

BukuWarung, Summer 2020 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

BukuWarung

Describe what your company does in 50 characters or less.

Accounting, payments & credit app for MSMEs

What is your company going to make? Please describe your product and what it does or will do.

We built a digital platform that helps Indonesian micro-businesses manage bookkeeping, create online storefronts, and handle payments. It targets the 60 million MSMEs that lack basic digital tools, streamlining their financial operations and helping them grow.

Where do you live now, and where would the company be based after YC?

We live and work in Jakarta, Indonesia, and plan to keep BukuWarung based here after YC, close to our users and ecosystem.

Explain your decision regarding location.

Indonesia is where the majority of our customers are and where the market opportunity is. Maintaining our base here keeps us connected to customer needs and local partners.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real BukuWarung YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from BukuWarung's public data (launch notes, founder backgrounds, product description). It shows how a company like BukuWarung would present itself to YC, not the text they submitted.

What YC batch was BukuWarung in?

BukuWarung was part of the Y Combinator Summer 2020 batch.

Who founded BukuWarung?

BukuWarung was founded by Abhinay Peddisetty.

What does BukuWarung do?

Accounting, Payments & Credit app for 60M micro-businesses in…

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of BukuWarung's application, and every other YC batch, is in YC Insights.

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