Growing Brands into Industry Leaders.
Growth Starts with Strong Roots
TMB Partners is an investment firm dedicated to building Indonesian brands into world-class businesses, one at a time.
The meaning behind TMB Partners: 'TMB' comes from 'Tumbuh,' the Indonesian word for 'grow,' while 'Partners' reflects collaboration. Together, it means growing together.
We believe real growth begins with strong roots. Great brands are built on real value, strong execution, and a solid foundation that drives long-term success.
Growth
in Every Steps
Featured Brands
Success Story
"TMB’s impact on Howel and Co since 2019 has been remarkable. Their guidance in branding and product development helped us build a strong foundation. Beyond that, they’ve been an incredible mentor, teaching me key aspects of marketing, branding, and leadership. Their partnership has truly shaped our growth."
"Partnering with TMB has given me the experience of working with a business partner who excels in technical aspects while strongly upholding values as both a businessman and a human being. Working with TMB has helped me and my business grow in every aspect due to the exceptionally high standards they set."
"TMB’s impact on Howel and Co since 2019 has been remarkable. Their guidance in branding and product development helped us build a strong foundation. Beyond that, they’ve been an incredible mentor, teaching me key aspects of marketing, branding, and leadership. Their partnership has truly shaped our growth."
Celebrating Growth Together
Building a world-class brand is a journey, and every milestone matters. Here are some common questions about how we work, our investment focus, and what it means to grow with us.
We are an investment firm dedicated to helping Indonesian brands grow into world-class businesses, one at a time. We partner with promising brands and founders, providing capital and hands-on support to strengthen their foundations, scale operations, and drive sustainable growth.
TMB Partners isn’t your typical investment firm—we’re brand builders. Some might see us as a brand aggregator, but that’s not who we are. We don’t chase fast growth or hypergrowth—because when it’s forced, it can do more harm than good. We believe in growing the right way. Like a tree, strong roots come first. When the foundation is solid, growth happens naturally, and the brand stays strong even when tough times hit. That’s why we work closely with founders to build solid business fundamentals, refine strategy, and scale brands sustainably. No shortcuts, no hype—just real growth that lasts.
TMB Partners invests in Indonesian direct-to-consumer brands with strong growth potential. We focus on small companies with annual revenue between IDR 5-50 billion, helping them scale into world-class businesses. Our ideal partners are founders who are fully committed to their brand, share our values of integrity, synergy, and excellence, and are ready to go all-in to grow their business.
Because it’s our strength. We understand the Indonesian market, its consumers, and what it takes to build a successful brand here. Rather than spreading ourselves thin, we choose to focus on what we do best—helping local brands grow into industry leaders. By specializing in Indonesian direct-to-consumer brands, we can provide the right support, networks, and strategies to drive real impact. For now, our focus is on maximizing this strength, ensuring we build brands that truly last.
We invest in founders first, brands second. That’s why we take the time to build a relationship before making a commitment. After the initial introduction, we engage in multiple discussions and a trial collaboration phase. Over a few months, we actively participate in the business, assessing synergy, alignment, and our ability to create real impact together. If the partnership proves to be the right fit, we make an offer to the founders. Once aligned, we move forward as partners, fully committed to scaling the brand.
We go beyond just providing capital—we help build the right team to support growth. Many founders excel in product and brand development but may lack expertise in other critical areas. We identify these gaps and strengthen the team by leveraging our network and resources to bring in the right talent. This allows founders to focus on what they do best, while we ensure the business has the necessary support in finance, operations, marketing, and scalability to thrive.