With over 250 million inhabitants, Indonesia has the world’s fourth largest population and Southeast Asia’s largest. Its youthful workforce has long been an untapped asset, but they are now taking things into their own hands. Inspired by the successes of unicorns like Go-Jek and Traveloka, more Indonesians are looking to the digital world to start their own businesses. it faces unique issues and growing pains. CompassList offers nuanced insights into the scene’s rising stars, its diverse and often fragmented markets, and how new players and investors can navigate this complex landscape.


Indonesia Agritech Report 2020: Startups, Investors and Outlook

Indonesia Agritech Report 2020: Startups, Investors and Outlook

Indonesia is one of the world’s largest agricultural producers, with farming contributing nearly 13% to the national economy. The sector has been in slow decline for decades, however, hurt by poor yields and falling income. In recent years, thanks to startups seeking to use technology to boost the sector, Indonesian agriculture has found a new lease of life. From our interviews with key local agritech companies and investors in smart shrimp farming, farm-to-table e-commerce and more, CompassList has produced an in-depth and insightful survey of Indonesia’s agriculture sector and its prevailing challenges, complete with outlook and recommendations.




Featuring miniature models of vintage vespas, exquisite jewelry and leather goods, Qlapa aims to showcase Indonesia as a premier producer of handcrafted merchandise.

Backed by digitalized operations and rigorous SOPs, Hangry’s cloud kitchen restaurants are quickly expanding throughout Greater Jakarta and beyond.


Aditya Saputra

Co-founder and CTO of Tripvisto

Aditya Saputra really loves to code but is not a geek, according to his LinkedIn profile. He is a professional software developer, graduating with a degree in Information Systems in 2009. He still runs his own software development agency Smart Techno Nusantara that he founded in 2008. He joined Bernardus Sumartok and Fitri Andriani to co-found Tripvisto, becoming the CTO in May 2014.  He loves to learn all about programming, project management, IT business development and IT product development. Aditya has over seven years experience in programming, especially using PHP with CodeIgniter framework.

Leslie Lim

Co-Founder and CEO of Cicil

Former banker Leslie Lim is Singaporean and holds a bachelor’s degree in Engineering with Business Finance from University College London. As an undergraduate, Leslie was on the Dean’s List and graduated with first class honors, and received the Goldsmid Sessional Prize for Mechanical Engineering. He met Cicil co-founder while pursuing an MBA at INSEAD. Prior to co-founding Cicil, Leslie had worked at Barclays, HSBC, BNP Paribas Securities and Duxton Asset Management (Deutsche Bank Group).


Founded in 1983, EMTEK is Indonesia’s second-largest media group. 

Lippo Digital Ventures was the corporate venture arm of Indonesian conglomerate Lippo Group, founded by Indonesian billionaire and banker Mochtar Riady. In 2015, the company reincarnated as Venturra Capital, a US$150 million fund focusing on technology firms in Indonesia and Southeast Asia.


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