Singapore–Indonesia based startup, Jagat, attracted more than 1 million daily active users (DAU) within the first month after launch, topping global charts. The startup with a background in social, gaming, and commerce, is backed by leading investors in the Southeast Asian tech scene.
JAKARTA, Indonesia, May 15, 2023 /PRNewswire/ — This emerging startup has gained significant traction globally, topping the charts in Taiwan, Spain and in some Eastern European regions. The company’s vision is to revolutionize experience of its social map app by integrating a whole new augmented experience in the near future.
The company’s pioneer launch was attended and endorsed by the President of Republic of Indonesia where they featured a social-first mobile virtual world where users can explore, create, and connect with others in real-time in a game-like environment.
According to the company’s CEO, Barry Beagen, their initial traction is only the beginning. “We are building a social platform for the next-generation. We believe social networking platforms should get users to go out more, and explore the world with their friends. We start with location sharing as a foundation because we believe the need for location is universal, and on top of this, we’ll be building exciting features that not only will allow the next generation of mobile users to have more fun in this hybrid real and virtual world, but also to power countless businesses and creators worldwide.”
Amongst the new generation of social apps that encourage spontaneous and authentic interactions, Jagat draws inspiration from successful platforms like Zenly. Jagat has already surpassed Zenly’s DAU numbers at the time of its acquisition by Snap for $200 million in 2017. With over 1,000,000 daily active users and growing, Jagat is gaining momentum and expanding its global reach under the leadership of Beagen, who was trained as an architect and urban planner and had worked with cities around the world.
Jagat’s growth has been fueled by user-driven virality, sharing invitation links on social media like Twitter, Tiktok and RED (xiao hong shu) for east Asian markets. With features like real-time location sharing, status updates, and immersive emoji based interactions, Jagat allows users to stay connected with their peers in a way that feels more authentic and immediate, which attracts mostly high school and university students.
Patrick Walujo, Co-Founder and Managing Partner of Northstar Group, the first institutional investor in Jagat, said, “Jagat’s founding team is unique, and comes with backgrounds in tech spanning AI/ML, e-commerce, social media and gaming. With their dynamic and agile go-to-market approach, their insights into this next generation social map app has the potential to transform the way we see location sharing and exploring the world with our mobile phones today. We are excited to be part of this journey and look forward to seeing Jagat redefine the future of social media for the next generation.”
As Jagat continues to expand its global presence, the company remains committed in its mission to create a more inclusive and engaging social network that benefits individuals and businesses alike. Apart from being an up and coming social platform, Jagat is one of the few SEA startups that are able to break into the global market, a sign for a promising future of tech in the region.
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SOURCE Jagat; Jagat Tech