500 Startups

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Former child prodigy armed with chemistry, law, accounting and economics degrees. Shi graduated in Chemistry from Sichuan University at aged 20. He is also a qualified lawyer and accountant, and a doctor of Economics (PhD, Xiamen University). He founded RichWise Capital, investing in many startups that later went public; and 8jee.com, a lifestyle services website that did not take off.     

Furnished workplaces providing flexibility for post-Covid hybrid working arrangements, purpose-designed for early-stage startups requiring short-term rental and investment-free commitments.  

Swedish Lund University systems developer Manfred Ekblad was a chief product officer at software developer LJ Systemutveckling AB. He moved to Jakarta in 2010 as the general manager of PT Biztech Indonesia. He is also a serial entrepreneur, with startups like Avectris SE in 2004, Online Business Indonesia in 2011 and BWI Press in 2013. Manfred is now based in Bandung as co-founder and CTO of Astronaut Technologies, a video-based recruitment platform.

Inspired by his own weight loss experience, former business consultant William Susilo founded the Gorry Holdings group of health and wellness startups: GorryGourmet, GorryWell and Helopt. Before becoming an entrepreneur, William worked for Accenture and Sinar Mas Land between 2012 and 2016, while also spending time at CT Corp, the holding company of a major Indonesian conglomerate. William graduated with a bachelor's in accounting from the University of Indonesia.

Ex-Googler David Ko (Gao Heng) holds a BS in Computer Engineering from Washington University. After graduation, he joined two startups in succession of which the latter was acquired by Google. He joined Google US and was appointed to the Shanghai Office in 2011 where he served as staff software engineer. In his eight years at Google, he worked on a number of projects, including WebCrawler, Google Finance, Google Suggest, cloud input method, AdWords.

Joshua Kevin is one of the youngest active Indonesian startup founders. Prior to graduating from Universitas Bina Nusantara in 2013, he had worked briefly at East Ventures and Tech in Asia where he was involved in various startup-related events. After graduating with a degree in Information Systems, he founded Bridge Inc, a consultancy that helped startups to expand into Indonesia. The business was later pivoted into Talenta to provide B2B human resource management software solutions.

Co-founded by Fabrice Grinder, a French tech entrepreneur and former consultant at McKinsey & Company, FJ Labs is a New York-based VC firm focused on online marketplaces. Co-founder Jose Marin is based in London. With the mantra “Entrepreneurs funding entrepreneurs,” FJ Labs does not take board seats. It has backed over 500 entrepreneurs, built over 20 companies and managed dozens of exits.To date, 58% of its investment portfolio companies are based in the US and Canada (mostly the US), 25% in Europe, 6% in Brazil, 2% in India and 9% in other countries. The VC is also increasing its presence in Brazil and India, as well as looking at smaller markets in Columbia, Algeria and Kenya. FJ Labs currently has 488 active investments, mainly at seed and pre-seed level, typically investing $390,000 at seed level and $220,000 at pre-seed level. Recent investments in August 2021 include participation in the $8m Series A round of Brazilian corporate benefits marketplace Caju and the $23m funding round of Nigerian vehicle marketplace and financing startup Moove.

Angelo Syailendra is a veteran in business analysis and investment. After earning a bachelor’s in Industrial Engineering with summa cum laude from the University of Michigan in USA, he went to Stanford University to read a master’s in Economics and Finance. He worked as an analyst and associate in companies such as Morgan Stanley and Affinity Equity Partners. He also helped to establish foodtech startups Klik-Eat and BlackGarlic. Angelo is currently a director at a data centre company DCI Indonesia.

Amy Du is Co-founder of DefinedCrowd and was CEO from its founding in October 2015 until September 2016. She is originally from Beijing, China and is now based in Seattle, where she is Founder and CEO of VestLink Group, connecting innovators and startups internationally. She has also worked at DGT Information Systems, Chinasoft International and iSoftStone North America, driving growth in the three entities. She holds degrees from the University of Sheffield, UK, and from Beijing Jiaotong University. 

Sofian Hadiwijaya is a co-founder of smart retail kiosk startup Warung Pintar. Despite not having completed his undergraduate industrial engineering degree due to financial difficulties, Sofian was already a programming instructor during his early college days at Bina Nusantara university and later became an market analyst for international cement company Holcim. Sofian was a co-founder of both IT consultancy firm Crazy Hackerz and online lending and pawnshop Pinjam and has worked for startups KUDO and Nodeflux.

Before co-founding Ximalaya with Yu Jianjun, Chen Xiaoyu worked as an investment director at one of Thailand's largest conglomerates, Charoen Pokphand Group, in its China office. There, she supervised the Group’s investments in internet startups. With seed funding from the Group in 2009, Chen and Yu Jianjun founded their first startup, Na Li Shi Jie, building online virtual city maps. Though the business failed after two years, they utilised the rich experience they gained and founded the much more successful Ximalaya in 2012.

During his time at Telkom University, Muhammad Mufid Luthfi was an active student; with internships at startups like Tokopedia and Kitabisa, as well as student ambassador roles with Google and Mozilla. In 2015, he co-founded two businesses: Rias Pesta, a wedding services firm based in Riau, and IDCloudHost, a web hosting service startup.Mufid graduated in 2016 with a degree in Information Systems. He is also a trainer at Google Indonesia’s GAPURA program and a business development advisor at Gamebrott, a gaming news portal.

Kaesang Pangarep is a vlogger and serial entrepreneur who first became famous through his YouTube vlogs, which sometimes involved his father, Indonesian president Joko Widodo. Kaesang had previously run his own fried banana business, Sang Pisang, before establishing home chef meal service Madhang in 2017, where he is chief marketing officer. Kaesang is concurrently the CEO of SKI Capital Partners, which provides funding to F&B startups and is a fourth year marketing student at the Singapore University of Social Sciences.

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