COMPANY BRIEF HISTORY
The Company was established on 11 May 2004 as PT Distribusi Voucher Nusantara in Jakarta, based on the Deed of Establishment of the Limited Liability Company PT Distribusi Voucher Nusantara No. 25, dated 29 September 2003, drawn before Stephanie Maria Lilianti, SH, a Notary in Jakarta. This deed of establishment was ratified by the Minister of Law and Human Rights of the Republic of Indonesia through Decree No. C-11614.HT.01.01.TH.2004 dated 11 May 2004, registered on the Company Register No. 1233/BH C9.03/V/2004 dated 27 May 2004, and announced in the State Gazette of the Republic of Indonesia No. 5 dated 17 January 2006, Supplementary State News of the Republic of Indonesia No. 672.
On 27 November 2018, the Company went public by listing its shares on the Indonesia Stock Exchange (IDX).
In 2018, DIVA focused on becoming a digital accelerator and converter in Indonesia’s economy, especially for SMEs. The company aims to help “open the eyes” of SME business owners and runners to the digital advancements happening in Indonesia and the world.
To achieve this goal, the company released Smart Outlet (SO) as one of their products this year. is a unified multi-function device that can process various cash and non-cash payments as a rich-feature point of sale (POS) specifically catering to SMEs daily needs: transaction recording, payment acceptance, and digital service offering. SMEs will also be able to receive payments through various media including credit cards, debit cards, e-wallets, e-moneys, etc.
DIVA also provides digital products through these Smart Outlet (SO), such as phone credit, ppob, online game vouchers, train tickets, and many more. These digital products can become additional revenue drivers for our users.
Other than Smart Outlet (SO), the company also developed Intelligent Instant Messaging (IIM). IIM is a sales platform via instant messaging. With the support of cutting-edge chatbot technology bolstered with Artificial Intelligence-driven algorithms, DIVA Intelligent IM has the capability to assist SMEs in determining which products to sell, at what price, and predict sales figures based on parameters such as historical data (previous purchases), purchasing profile and preferences of customers, and others. Through IIM customers no longer need to physically purchase goods from the shop, rather they can shop via WhatsApp.
In 2019, first of all, DIVA enhanced it’s Smart Outlet’ (SO) product with a Point of Sales (POS) feature that can be utilized by SMEs to operate more efficiently, as well as in a more data-driven manner, through the investment made in Pawoon. Pawoon’s Point of Sales (POS) application is one of the leading cloud-based POS applications for business of all sizes. Through Pawoon’s POS application, the company has been able to digitalize more than 30,000 business in Indonesia. By using Pawoon businesses no longer need to invest in ancient cash registers or overpriced POS systems to organize their business and keep track of everything from sales, inventory, and customers’ data.
Secondly, Kejora and Intervest, two leading venture capital firms with a combined asset under management (AUM) of more than USD1 billion, joined our force, by making an investment in the Company. This investment recognized the potential and value of DIVA and its ability to bring added value to our shareholders. Furthermore, with formidable support from the partnership, the Company will be able to expand its current offering even further, augmenting and linking other industry sectors into the DIVA ecosystem.
And lastly, the Company has also enriched its Intelligent Instant Messaging (IIM). IIM now comes with a vast range of digital products and services. The addition of digital products and services to this platform will empower SMEs with a greater opportunity to gain additional revenue streams from their customers.