Bank Indonesia
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Co-founder and CTO of Astronaut Technologies
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.
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.
Co-founder and CMO of Brilio
Danny Purnomo is a veteran in content production and digital media. He worked at KapanLagi Network (KLN) for one year, before leaving to become the operational general manager of mobile content firm Monstermob Indonesia. After four years at Monstermob and various director roles at other mobile content firms, he rejoined KLN as VP of Sales in 2013. Two years later, he co-founded PT Brilio Ventura Indonesia as an offshoot of KLN.
Danny Purnomo is a veteran in content production and digital media. He worked at KapanLagi Network (KLN) for one year, before leaving to become the operational general manager of mobile content firm Monstermob Indonesia. After four years at Monstermob and various director roles at other mobile content firms, he rejoined KLN as VP of Sales in 2013. Two years later, he co-founded PT Brilio Ventura Indonesia as an offshoot of KLN.
Co-founder and CEO of Botika
Ditto Anindita is a veteran software developer and serial entrepreneur. In 2001, the Universitas Sanata Dharma alumnus decided to start his own software engineering firm PT RuangKerja in Yogyakarta, Indonesia. He still runs RuangKerja which had previously launched various e-brands, including B2B travel ticket aggregator OkeTiket and e-payments PPOB Nusantara. However, Ditto switched his focus to create Botika, an AI-powered chatbot that can converse with locals in Bahasa Indonesia.
Ditto Anindita is a veteran software developer and serial entrepreneur. In 2001, the Universitas Sanata Dharma alumnus decided to start his own software engineering firm PT RuangKerja in Yogyakarta, Indonesia. He still runs RuangKerja which had previously launched various e-brands, including B2B travel ticket aggregator OkeTiket and e-payments PPOB Nusantara. However, Ditto switched his focus to create Botika, an AI-powered chatbot that can converse with locals in Bahasa Indonesia.
Co-founder and CEO of Andalin
Rifki Pratomo established freight forwarding marketplace startup Andalin in 2016, where he is currently CEO. Rifki earned his bachelor's in Business Administration at Carnegie Mellon University in Qatar in 2011 before returning to Indonesia a year later to join Maybank's graduate program. From 2014 to end 2015, he was a finance manager at Shell's lubricant supply chain division in Indonesia, after which he had a brief stint with Garena before starting Andalin.
Rifki Pratomo established freight forwarding marketplace startup Andalin in 2016, where he is currently CEO. Rifki earned his bachelor's in Business Administration at Carnegie Mellon University in Qatar in 2011 before returning to Indonesia a year later to join Maybank's graduate program. From 2014 to end 2015, he was a finance manager at Shell's lubricant supply chain division in Indonesia, after which he had a brief stint with Garena before starting Andalin.
Founder and CEO of PrivyID
Marshall Pribadi is the founder and CEO of digital signature startup PrivyID, the first of its kind in Indonesia. In 2014, he graduated with a bachelor's degree in Law from Universitas Indonesia. Between 2012 and 2015, he worked at PT Buana Media Teknologi, the digital payments and voucher company that operates GudangVoucher.com. Marshall had been developing the business idea for PrivyID and pitching to investors since 2014, eventually establishing the company in 2016.
Marshall Pribadi is the founder and CEO of digital signature startup PrivyID, the first of its kind in Indonesia. In 2014, he graduated with a bachelor's degree in Law from Universitas Indonesia. Between 2012 and 2015, he worked at PT Buana Media Teknologi, the digital payments and voucher company that operates GudangVoucher.com. Marshall had been developing the business idea for PrivyID and pitching to investors since 2014, eventually establishing the company in 2016.
Founded in 1994, London-based Hermes GPE is a subsidiary of NYSE-listed Federated Hermes Inc (FHI). The UK limited liability partnership (LLP) is one of the UK’s leading independent investors with $7bn pumped into 260 funds. With a network of over 300 general partners worldwide, the LLP also works with global LPs like BT Pension Scheme, Royal Bank of Scotland and Korea Teachers Credit Union.Hermes started investing in tech startups in 2002 and has provided over $3.7bn worth of co-funding to both tech and non-tech startups via 234 fundraising rounds. Managing assets worth $6bn and international offices in New York and Singapore, sustainability is at the core of its investing portfolio of over 113 startups worldwide. In 2021, recent investments include participation in the $54m Series B round of Austrian refurbished electronics goods marketplace Refurbed in August and May’s $125m Series B round of Paysend, the UK-based card-to-card pioneer and international payments platform.
Founded in 1994, London-based Hermes GPE is a subsidiary of NYSE-listed Federated Hermes Inc (FHI). The UK limited liability partnership (LLP) is one of the UK’s leading independent investors with $7bn pumped into 260 funds. With a network of over 300 general partners worldwide, the LLP also works with global LPs like BT Pension Scheme, Royal Bank of Scotland and Korea Teachers Credit Union.Hermes started investing in tech startups in 2002 and has provided over $3.7bn worth of co-funding to both tech and non-tech startups via 234 fundraising rounds. Managing assets worth $6bn and international offices in New York and Singapore, sustainability is at the core of its investing portfolio of over 113 startups worldwide. In 2021, recent investments include participation in the $54m Series B round of Austrian refurbished electronics goods marketplace Refurbed in August and May’s $125m Series B round of Paysend, the UK-based card-to-card pioneer and international payments platform.
Co-founder and General Manager of Bobobox
Zulfikar Rifan is a serial entrepreneur based in Bandung, Indonesia, who established capsule hotel startup Bobobox in 2018. While studying for his degree in Information Systems at Universitas Harapan Bangsa Bandung, Indonesia, Zulfikar established his own fashion shoe brand. Upon graduating in 2015, he opened a cafe, established a new fashion brand and became involved with Kembangin.social, a social enterprise development platform based in Bandung.
Zulfikar Rifan is a serial entrepreneur based in Bandung, Indonesia, who established capsule hotel startup Bobobox in 2018. While studying for his degree in Information Systems at Universitas Harapan Bangsa Bandung, Indonesia, Zulfikar established his own fashion shoe brand. Upon graduating in 2015, he opened a cafe, established a new fashion brand and became involved with Kembangin.social, a social enterprise development platform based in Bandung.
Co-founder and CEO of Karta
Andrew Tanner Setiawan is the co-founder and CEO of Karta, a motorcycle-mounted billboard startup. After spending his early years in New Zealand, Andrew returned to Indonesia to finish high school before attending Pasadena Community College and Loyola Marymount University in the US, graduating with a bachelor's in Business Administration. After returning to Indonesia after graduation, he worked at several companies and opened a restaurant and bar before eventually establishing Karta in 2016.
Andrew Tanner Setiawan is the co-founder and CEO of Karta, a motorcycle-mounted billboard startup. After spending his early years in New Zealand, Andrew returned to Indonesia to finish high school before attending Pasadena Community College and Loyola Marymount University in the US, graduating with a bachelor's in Business Administration. After returning to Indonesia after graduation, he worked at several companies and opened a restaurant and bar before eventually establishing Karta in 2016.
Co-founder and CTO of KODI
Imam Teguh Prakoso graduated in Management Informatics at Universitas Pembangunan Nasional Veteran in Jakarta, Indonesia. He started his career as a web developer at PT Webgis Indonesia, staying there for almost three years.In 2016, he started his own software development house Senusa. In 2018, one of Senusa's products KODI became a spin-off digital platform for cooperative businesses. Senusa continues to support the development of KODI and Imam became KODI's chief information technology officer.
Imam Teguh Prakoso graduated in Management Informatics at Universitas Pembangunan Nasional Veteran in Jakarta, Indonesia. He started his career as a web developer at PT Webgis Indonesia, staying there for almost three years.In 2016, he started his own software development house Senusa. In 2018, one of Senusa's products KODI became a spin-off digital platform for cooperative businesses. Senusa continues to support the development of KODI and Imam became KODI's chief information technology officer.
Founded in 2003, Ismaya Group is a key player in Indonesia’s premium food and beverage industry, and has companies in Jakarta, Bali, Bandung, Dubai and some cities in Malaysia.
Founded in 2003, Ismaya Group is a key player in Indonesia’s premium food and beverage industry, and has companies in Jakarta, Bali, Bandung, Dubai and some cities in Malaysia.
Singapore's government-owned investor has a net portfolio value of just over S$300bn, with assets mainly in Asia and Singapore. In recent years it has begun investing in internet and tech companies in emerging markets, including in neighboring Indonesia and other Asian countries.As a state investor, Temasek aligns its investment portfolio and goals with areas that are relevant to Singapore’s national agenda. For example, to mitigate and reduce the effects of climate change, Temasek has set a commitment to reduce the carbon emissions of its portfolio companies, and invest in companies providing decarbonization solutions. It is also investing in biotechnology, medical technology, agritech and foodtech companies, which are some new focus areas in Singapore’s industrial development.
Singapore's government-owned investor has a net portfolio value of just over S$300bn, with assets mainly in Asia and Singapore. In recent years it has begun investing in internet and tech companies in emerging markets, including in neighboring Indonesia and other Asian countries.As a state investor, Temasek aligns its investment portfolio and goals with areas that are relevant to Singapore’s national agenda. For example, to mitigate and reduce the effects of climate change, Temasek has set a commitment to reduce the carbon emissions of its portfolio companies, and invest in companies providing decarbonization solutions. It is also investing in biotechnology, medical technology, agritech and foodtech companies, which are some new focus areas in Singapore’s industrial development.
Founder and CEO of HijUp
Former MARS Indonesia and GTZ researcher Diajeng Lestari holds a Social & Political Science degree from the University of Indonesia. Her husband is Achmad Zaky, the founder of Indonesian startup BukaLapak. Diajeng was born in 1986.
Former MARS Indonesia and GTZ researcher Diajeng Lestari holds a Social & Political Science degree from the University of Indonesia. Her husband is Achmad Zaky, the founder of Indonesian startup BukaLapak. Diajeng was born in 1986.
Co-founder and CEO of Synergo
Domenico Tukiman is a Business Administration graduate from the University of Southern California, USA. As an undergraduate between 2012 and 2015, he interned at companies in the US and Indonesia, including Ernst & Young, Boston Consulting Group and PwC. After graduating in 2015, he worked at ARIS, an investment consulting firm based in California before returning to Indonesia in 2017 to establish Synergo, a human resources management software startup.
Domenico Tukiman is a Business Administration graduate from the University of Southern California, USA. As an undergraduate between 2012 and 2015, he interned at companies in the US and Indonesia, including Ernst & Young, Boston Consulting Group and PwC. After graduating in 2015, he worked at ARIS, an investment consulting firm based in California before returning to Indonesia in 2017 to establish Synergo, a human resources management software startup.
Co-founder and CEO of TADO
Prior to co-founding interactive video platform TADO, Steven Koesno worked as a senior investment officer at the Indonesia-focused Kejora Ventures. He had begun his career in 2014 at consultancy firm Accenture as a business analyst, leaving in August the following year to join Kejora. Steven graduated from an international double degree program at Universitas Indonesia, earning a Bachelor of Economics degree from the Indonesian university and a Bachelor of Commerce degree from the University of Melbourne, Australia.
Prior to co-founding interactive video platform TADO, Steven Koesno worked as a senior investment officer at the Indonesia-focused Kejora Ventures. He had begun his career in 2014 at consultancy firm Accenture as a business analyst, leaving in August the following year to join Kejora. Steven graduated from an international double degree program at Universitas Indonesia, earning a Bachelor of Economics degree from the Indonesian university and a Bachelor of Commerce degree from the University of Melbourne, Australia.
Co-founder and CEO of Callista
Shinta Priantika Sari graduated in Dentistry at the University of Indonesia in 2011. She also obtained a master's in Finance from her alma mater in 2013. Shinta was CFO of PT Claban Indonesia for almost two years until July 2015 when she eventually decided to help her parents to expand their skincare clinic Callista. Shinta and her husband Ryan Narendra created the digital shop Callista Online Skincare Expert that became part of the Claban stable of e-commerce ventures.
Shinta Priantika Sari graduated in Dentistry at the University of Indonesia in 2011. She also obtained a master's in Finance from her alma mater in 2013. Shinta was CFO of PT Claban Indonesia for almost two years until July 2015 when she eventually decided to help her parents to expand their skincare clinic Callista. Shinta and her husband Ryan Narendra created the digital shop Callista Online Skincare Expert that became part of the Claban stable of e-commerce ventures.
No bank account? In Indonesia, you can still shop online
Indonesian startups are racing to serve the millions of consumers that banks haven’t reached. Here’s a look at some of the leading players, their innovations and how they have redefined the market
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
P2P financing platform Investree raises Series C, with $23.5m in first tranche
Indonesia's Investree closes key funding amid Covid-19 crisis; is applying for licenses in Thailand and the Philippines in regional expansion
QRIS: Will the new QR code standard rewrite Indonesia’s e-payments scene?
Enabling interoperability, the QRIS seeks to level the playing field until now dominated by GoPay and OVO – disruption that could go beyond the e-wallets scene
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
Investing in Indonesia: The fintech companies driving a new influx of capital
With 66% of Indonesians not owning a bank account, fintech startups have come up with myriad innovative products to entice a new generation of retail investors
MSMB: From university research to agritech ecosystem
The Indonesian startup is moving beyond sensors to build technologies for livestock tracking and fish farming
Indonesian state enterprises launch e-wallet LinkAja, competing with Go-Pay and OVO
Even with a wider range of services and extensive state backing, LinkAja faces a tough battle
Gradana: P2P lending for more accessible home ownership in Indonesia
Gradana wants to create an ecosystem where developers, agents, landlords, buyers and lenders benefit one another through interconnected financing
ZendMoney: Putting cash back into the pockets of Indonesian migrant workers
ZendMoney's unique remittance concept has already helped 90,000 migrant workers send money back home
Indonesian P2P lending platform Investree expands to the Philippines
With local partner Filinvest Development Corporation, Investree Philippines will support the country’s SMEs with its lending-based crowdfunding platform
Bukalapak CEO Achmad Zaky steps down, ex-banker Rachmat Kaimuddin to take over
Rumors of a leadership change first surfaced in August as the Indonesian unicorn and its co-founder got a bad press
Payfazz aims to be Indonesia's first on-demand financial services company
Handling transactions averaging over IDR 1tn monthly, Payfazz hopes to bring the benefits of banking to all Indonesians
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
Crowde-funding Indonesia's fields
Agritech startup Crowde offers retail investors direct access to Indonesia’s US$25 billion agricultural sector, transforming the way traditional farmers fund, run and grow their businesses
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