Indonesian Software Potentially Undervalued Companies

Distribusi Voucher Nusantara

Market Cap: Rp261.8b

Provides digital products, payment solution services, and online-to-offline (O2O) platforms in Indonesia.

Anabatic Technologies

Market Cap: Rp1.5t

Provides cloud and digital platform solutions services in Indonesia.

Mastersystem Infotama

Market Cap: Rp4.3t

Engages in the provision of information and communication technology infrastructure solutions and system integration services to enterprise banking, oil and gas, enterprise, and telecommunication markets in Indonesia.