A.I.R-e

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Famous techpreneur Li Yinan (b. 1970) is the former CTO of Baidu and former CEO of Wuxian Xunqi, a China Mobile subsidiary. After Li graduated from Huazhong University of Science & Technology with a master’s degree in Optics Engineering, he joined Huawei and was promoted to vice-president of its Central Research Department in just six months; in 1997 Li because the youngest vice-president at Huawei. In 2001, Li quit Huawei and started his own data communication company, Harbour Networks, which followed the same structure of Huawei and soon became its main competitor. In 2005, Harbour Networks lost in its intense battle with Huawei and was acquired by the larger player. Even though Li rejoined Huawei after the acquisition, he was never able to re-enter the core management team because of his damaged relationship with Ren Zhengfei, the founder and president of Huawei. In April 2015, Li founded his smart e-scooter company, NIU Smart Scooters. Li began investing in 2010 and joined GSR Ventures in 2011. Up to June 2015, Li had invested in more than 10 companies from the TMT sector. Li stood trial for insider trading in March 2016, according to news reports.

Based in New York City, Lerer Hippeau mainly invests in seed and early-stage startups based in the US. Founded in 2010 by managing partners Kenneth Lerer, Ben Lerer and Eric Hippeau, the VC operates several funds offering initial investments of $1m per startup. Kenneth Lerer is the co-founder of Huffington Post and longtime chairman of BuzzFeed. Hippeau was the CEO of Huffington Post and ex-managing partner of Softbank Capital that invested in Huffington Post.Its 400+ startups also get support for business growth by tapping into tech ecosystems like New York, San Francisco and Los Angeles. Its 80+ exits include Giphy (GIF) that was acquired by Facebook and home-fitness studio Mirror acquired by Lululemon. However, the IPO by portfolio company Bed-in-a-box online retailer Casper was below market expectations. The loss-making e-commerce unicorn went public at $12 a share in February 2020, closing at $13.50 on its first day out, for a market capitalization of less than half the $1.1 billion Casper was valued at in a private funding round in 2019.

Fostering equal educational opportunities to Indonesians, Inibudi provides free high quality learning videos to all students across the country.

Empowering Ghanaian subsistence farmers, especially women, via apps boosting sales via direct links to buyers, cutting out intermediaries, and offering e-payments, micro-credits and insurance. 

Goat Capital is a venture capital fund was set up by video livestreamer Justin.tv and Twitch co-founder Justin Kan and Robin Chan, also an angel investor and entrepreneur. Chan met Kan while working at Verizon Wireless when Justin.tv was being launched. Both have since become private investors for over 10 years, with early investments including Twitter, Xiaomi, Bird, Uber and Square. Established in September 2020, the fund’s name was inspired by the goat because good startup founders need to be agile and resilient to survive and be successful, according to Kan.Kan was also an early investor of Indonesian payment gateway Xendit before Goat Capital joined Xendit’s $150m Series C round in September 2021. Goat Capital’s portfolio includes corporate credit card startup Kodo, Indian neobank Bueno Finance, carbon capture developers Holy Grail and web development tool Spore. The hybrid incubator and VC fund has already secured $25m and aims to raise a total of $40m to invest in diverse sectors like digital health, e-commerce, robotics, climate change and gaming entertainment. Funding per startup would range from $500,000 to $3m.

China’s largest online parenting community Babytree is the first to identify the core needs of (new) mothers: gain parenting knowledge, socialize, record and share, shopping.

Local artisans, often little known, get to reach new markets, thanks to this online marketplace that also offers them promotional events and a loan program.

Formerly an online healthcare platform, Konsula has transformed into Lemonilo and is serving up healthy alternatives to popular Indonesian comfort foods and snacks.

“Beautiful homes don’t have to be expensive” at Dekoruma, an Indonesian home decor e-store for affordable stylish furniture and interior design services.

Indonesia’s Muslimarket is rapidly gearing up to become a global e-tailer of halal products for Muslim communities at home and abroad.

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

China’s second largest e-commerce platform after Alibaba, Pinduoduo gained 300 million users through social e-commerce in just three years.

Gorry's suite of wellness services targets Indonesia's increasingly health conscious population.

The Shonet harnesses the power of social media influencers to turn users into customers of popular local and international fashion and beauty brands. 

Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.

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