IDN agritech startup gets seed money from MDI-Finch's Arise and Wavemaker
Indonesia’s poultry industry is worth US$7.4 billion, according to Pitik’s estimates. The startup noted that the market has a huge potential, considering the consumption of chicken per capita in Indonesia is 5.9x lower than other countries in Southeast Asia.
Pitik provides a farm management platform that aims to deliver better operational efficiency for poultry farmers. It also assists farmers in procuring high-quality farm inputs and selling chicken at competitive prices.
The startup was founded by Arief Witjaksono and Rymax Joehana earlier this year. Pitik plans to use the fresh capital to accelerate product development and expand its operations in more areas.