Bali is far more than just a beautiful tropical island where many people go on holiday—it has gradually emerged as a thriving hub for startups, particularly in the field of technology. Known for its picturesque scenery, from rice fields and volcanoes to stunning beaches, Bali has become a magnet for professionals such as digital nomads and entrepreneurs. The island is rapidly evolving into a burgeoning centre for innovation, especially in sectors such as technology, sustainability, and lifestyle.
Why Do People Start A Business In Bali?
It is no secret that many professionals are drawn to Bali for the incredible experience it offers digital nomads, but it doesn’t stop there—many people have also found Bali to be an attractive place to start a business.
The introduction of the golden visa has made it relatively straightforward for entrepreneurs and professionals to establish a base in Bali.
One of the most appealing factors of Bali, and Indonesia in general, is the fact that operational costs are extremely low. In addition, the cost of living in Bali is also relatively inexpensive, making it easier for individuals to start a business and maintain a comfortable lifestyle on a modest budget.
Unlike countries such as the UK or US, Bali doesn’t suffer from an oversaturated market. Therefore, entrepreneurs may find more opportunities and less competition, allowing their businesses to stand out more easily.
Bali is also a popular tourist destination, attracting a steady flow of visitors throughout the year. This consistent influx of people makes it easier to market and sell products or services, particularly in the hospitality and lifestyle sectors.
Another highly attractive aspect of doing business in Bali is the favourable tax regime when compared to countries like the US or those in Europe. Lower taxes can significantly benefit new businesses, especially in their early stages.
Furthermore, the vibrant culture and laid-back lifestyle make it a wonderful place to live and work. There is never a dull moment in Bali, with countless attractions, events, and natural beauty to enjoy. This balance of work and lifestyle is a huge draw for many entrepreneurs and freelancers.
10 New Startups in Bali
Here are 10 new startups in Bali that are making big impacts:
1. Sungai Watch
Sungai Watch is a non-profit startup established in 2020 by Bali-raised French siblings Gary, Kelly, and Sam Bencheghib. This startup focuses on reducing plastic pollution in rivers.
Their mission is to stop plastic waste from entering the ocean by installing barriers in rivers to collect debris, which is then removed and recycled. Operating mainly in areas like Canggu and Ubud, Sungai Watch has already collected thousands of kilograms of plastic waste and continues to grow its impact.
2. EktaChain
Founded in 2021 in Bali, EktaChain is a pioneering technology startup operating as a Layer 1 blockchain project. Ekta aims to connect the physical world with Web3 by creating decentralised products that improve lives and contribute positively to the environment.
To date, Ekta has raised nearly $60 million. The startup is developing a range of blockchain-powered products, including an NFT marketplace, a hybrid crypto exchange, a blockchain-based game, and a real estate investment platform.
3. Gringgo
Gringgo was established in 2017 and focuses on recycling and improving waste management systems through digital innovation. This startup stands out due to its use of mapping and GIS technology to generate better environmental data.
By leveraging tech tools, Gringgo aims to bridge gaps in sustainable development efforts. It has earned a place as one of Bali’s top startups, with around $50 million raised to date.
4. Outpost
Outpost, founded in 2018, provides a digital platform and a network of live/work destinations tailored for remote workers and digital nomads.
By 2019, Outpost had already opened its fourth co-living and co-working location. These properties are designed to serve independent professionals seeking both community and convenience. The startup has raised $1.3 million in funding from EverHaus.
5. Team DAO
Team DAO, established in 2021, is a decentralised gaming guild startup based in Bali. It caters to both aspiring players and crypto asset managers.
This startup also claims to have launched the world’s first mobile gaming café. It has attracted considerable attention, raising approximately $5.1 million in funding.
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6. IguVerse
Founded in 2022, IguVerse is a unique Play-to-Earn social networking game that connects pet owners through blockchain technology.
The app allows users to create virtual pet NFTs using AI, rewarding them for their social media activity. IguVerse not only offers entertainment but also raises awareness of animal welfare through charitable initiatives and educational content. It combines gamification with a mission-driven platform aimed at improving the lives of animals.
7. Radius App
The Radius App, launched in 2018, is a software-based startup focused on household convenience. This multi-service mobile platform offers a variety of services, from tutoring and cleaning to massage therapy.
The app is designed to be user-friendly and enables service bookings in just four simple steps, catering to the busy lives of families and individuals in Bali.
8. Hadiku
Established in 2023, Hadiku operates within the e-commerce and luxury travel space. This premium booking platform allows clients to reserve high-end villas and holiday homes across Bali.
Hadiku aims to combine outstanding service with competitive pricing, aspiring to become the leading global platform for luxury rentals. Their curated approach appeals particularly to discerning travellers seeking tailored experiences.
9. Skute
Founded in 2021, Skute is a sustainable mobility startup that offers 100% electric scooter rentals—making it the only provider of its kind on the island.
Skute is deeply committed to environmental sustainability. As a ‘planet before profit’ company, it promotes electric transport, uses solar energy for charging, educates the local population about eco-friendly alternatives, and even recycles old scooter wraps into keychains. Their mission is to normalise green transport and help secure a sustainable future for Bali.
10. Terrawater
Terrawater was launched in 2020 and is a social enterprise that produces ceramic water filters to provide clean drinking water to local communities in Bali.
The startup focuses on creating affordable, sustainable solutions to water scarcity. The founder was named Sustainable Woman Entrepreneur of the Year in 2024. In its first year, Terrawater distributed over 1,000 water filters and continues to expand its reach.
