Brinc and Hatch
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Angel investor Grace Tahir, daughter of Indonesian banker and real estate tycoon, has a passion for tech startups. Besides her self-made billionaire father, business is also in her blood from her mother’s Riady conglomerate family. Married to Ronald Kumalaputra, she finally realised her dream of becoming a techpreneur in her own right. In 2012, she founded an app BibbyCam that failed less than two years later. Building on her experience in healthcare, as the Tahir empire owns hospitals in Indonesia, she created an online health portal, www.doktor.id offering free health consultations.
Angel investor Grace Tahir, daughter of Indonesian banker and real estate tycoon, has a passion for tech startups. Besides her self-made billionaire father, business is also in her blood from her mother’s Riady conglomerate family. Married to Ronald Kumalaputra, she finally realised her dream of becoming a techpreneur in her own right. In 2012, she founded an app BibbyCam that failed less than two years later. Building on her experience in healthcare, as the Tahir empire owns hospitals in Indonesia, she created an online health portal, www.doktor.id offering free health consultations.
Labeled "world’s most powerful startup incubator" by Fast Company, Y Combinator was established in 2005 as a seed accelerator. Since then, Y Combinator has funded over 1,850 startups with a combined valuation of over US$100 billion. Twice a year, Y Combinator invests US$150,000 per company across a large number of startups in exchange for a 7% stake. The startups then move to Silicon Valley for three months. Each cycle ends with a Demo Day, where the startups pitch to an invite-only audience of high-profile investors. Its most valuable startups to date are Airbnb, Stripe, Cruise, Dropbox and Coinbase.
Labeled "world’s most powerful startup incubator" by Fast Company, Y Combinator was established in 2005 as a seed accelerator. Since then, Y Combinator has funded over 1,850 startups with a combined valuation of over US$100 billion. Twice a year, Y Combinator invests US$150,000 per company across a large number of startups in exchange for a 7% stake. The startups then move to Silicon Valley for three months. Each cycle ends with a Demo Day, where the startups pitch to an invite-only audience of high-profile investors. Its most valuable startups to date are Airbnb, Stripe, Cruise, Dropbox and Coinbase.
Jesus Monleon started his professional career in the financial sector, but left soon after to become an entrepreneur. He founded eMagister.com, a consulting firm dedicated to the IT management market. He also established Offerum that is now part of Groupalia. Another venture Glamourum was acquired by JolieBox in 2012. He is currently a leading advisor and business angel within the Spanish startup ecosystem. In 2008, he co-founded the famous Spanish accelerator SeedRocket. Together with several other investors, he also set up a €12-million fund to establish SeedRocket 4Founders Capital in 2017.
Jesus Monleon started his professional career in the financial sector, but left soon after to become an entrepreneur. He founded eMagister.com, a consulting firm dedicated to the IT management market. He also established Offerum that is now part of Groupalia. Another venture Glamourum was acquired by JolieBox in 2012. He is currently a leading advisor and business angel within the Spanish startup ecosystem. In 2008, he co-founded the famous Spanish accelerator SeedRocket. Together with several other investors, he also set up a €12-million fund to establish SeedRocket 4Founders Capital in 2017.
In September 2003, Chen Weixing started studying at the College of Civil Engineering and Architecture, Zhejiang University. The civil engineer founded the web game developer FunCity Inc during his third college year in August 2006. In June 2012, he launched the taxi app Kuaidadi in Hangzhou. In September 2012, he invested in Hangzhou Enniu Network Technology Co Ltd, the parent company of 51 Credit Card Manager, China's largest credit card service based on monthly active users. He also founded online insurance company Weiease Technology in April 2014. In May 2018, he launched the blockchain-based taxi app VV Share.
In September 2003, Chen Weixing started studying at the College of Civil Engineering and Architecture, Zhejiang University. The civil engineer founded the web game developer FunCity Inc during his third college year in August 2006. In June 2012, he launched the taxi app Kuaidadi in Hangzhou. In September 2012, he invested in Hangzhou Enniu Network Technology Co Ltd, the parent company of 51 Credit Card Manager, China's largest credit card service based on monthly active users. He also founded online insurance company Weiease Technology in April 2014. In May 2018, he launched the blockchain-based taxi app VV Share.
GF Qianhe is an equity investment company launched by GF Securities in May 2012. Incorporated as Guangfa Qianhe Investments Co Ltd, with a registered capital of RMB 500m, the company was one of the earliest alternative investment companies to gain approval from the Securities Commission of China. As of late 2018, GF Qianhe has invested in 86 equity-related projects, among which four have gone public. By the end of 2014, its total investment value reached almost RMB 2bn and revenues of over RMB 340m.
GF Qianhe is an equity investment company launched by GF Securities in May 2012. Incorporated as Guangfa Qianhe Investments Co Ltd, with a registered capital of RMB 500m, the company was one of the earliest alternative investment companies to gain approval from the Securities Commission of China. As of late 2018, GF Qianhe has invested in 86 equity-related projects, among which four have gone public. By the end of 2014, its total investment value reached almost RMB 2bn and revenues of over RMB 340m.
With more than 175 years of history, Navistar is the fourth biggest truck-maker in the US. The company drives new innovations in engine technologies, with products ranging from commercial trucks and buses to defense vehicles.In June 2020, it partnered with self-driving trucking startup TuSimple to produce L4 autonomous trucks. It also invested in its first Chinese company TuSimple.In March 2021, Navistar stockholders approved acquisition by TRATON, part of the Volkswagen Group. TRATON has also invested in TuSimple.
With more than 175 years of history, Navistar is the fourth biggest truck-maker in the US. The company drives new innovations in engine technologies, with products ranging from commercial trucks and buses to defense vehicles.In June 2020, it partnered with self-driving trucking startup TuSimple to produce L4 autonomous trucks. It also invested in its first Chinese company TuSimple.In March 2021, Navistar stockholders approved acquisition by TRATON, part of the Volkswagen Group. TRATON has also invested in TuSimple.
Founder of Alkemis Games
A master’s degree holder in Entertainment Technology from Carnegie Mellon University, Pennsylvania, USA, Tedo Salim also graduated with a diploma of the same major from Nanyang Polytechnic, Singapore in 2007.Prior to running Alkemis Games, Tedo had worked as a Senior Software Engineer at GREE International Inc in San Francisco, from March 2012 to August 2014. He was with Schell Games in Pittsburgh as a Game Engineer for over three years, working mainly on iOS and Android mobile games such as War of Nations.
A master’s degree holder in Entertainment Technology from Carnegie Mellon University, Pennsylvania, USA, Tedo Salim also graduated with a diploma of the same major from Nanyang Polytechnic, Singapore in 2007.Prior to running Alkemis Games, Tedo had worked as a Senior Software Engineer at GREE International Inc in San Francisco, from March 2012 to August 2014. He was with Schell Games in Pittsburgh as a Game Engineer for over three years, working mainly on iOS and Android mobile games such as War of Nations.
Co-founder and CFO of Conclave
Graduating with a bachelor’s in Business Management and Finance from the Institut Teknologi Bandung (ITB) in Indonesia, Aditya Hadiputra became the CFO of Utoyo & Partners in August 2011. He left the financial services company with its founding partner Marshall Utoyo in 2013. They decided to set up a coworking space hub Conclave in Jakarta, together with two other graduates from ITB. Based in Jakarta, Aditya has been CFO of Conclave since January 2013. He has also been working as an investment associate since July 2015 at MDI Ventures, Telkom’s venture capital arm.
Graduating with a bachelor’s in Business Management and Finance from the Institut Teknologi Bandung (ITB) in Indonesia, Aditya Hadiputra became the CFO of Utoyo & Partners in August 2011. He left the financial services company with its founding partner Marshall Utoyo in 2013. They decided to set up a coworking space hub Conclave in Jakarta, together with two other graduates from ITB. Based in Jakarta, Aditya has been CFO of Conclave since January 2013. He has also been working as an investment associate since July 2015 at MDI Ventures, Telkom’s venture capital arm.
CEO and Co-founder of Landing.Jobs
Born in 1968, seasoned IT professional José Paiva graduated in Informatics from the University of Lisbon in 1992. After stints at Banco de Portugal and INESC, he spent 18 years working for the Portuguese IT firm Novabase. The executive director at Novabase Business Solutions in Brazil left to join Link Consulting as a director. He left after seven months to set up JOBBOX in 2013.Paiva met Pedro Oliveira at the Startup Lisboa incubator. They co-founded the online tech recruitment portal JOBBOX in 2013, with Paiva as CEO. JOBBOX was later rebranded as Landing.Jobs.
Born in 1968, seasoned IT professional José Paiva graduated in Informatics from the University of Lisbon in 1992. After stints at Banco de Portugal and INESC, he spent 18 years working for the Portuguese IT firm Novabase. The executive director at Novabase Business Solutions in Brazil left to join Link Consulting as a director. He left after seven months to set up JOBBOX in 2013.Paiva met Pedro Oliveira at the Startup Lisboa incubator. They co-founded the online tech recruitment portal JOBBOX in 2013, with Paiva as CEO. JOBBOX was later rebranded as Landing.Jobs.
Co-founder and CEO of Du'Anyam
Azalea Ayuningtyas has a bachelor’s in Cell and Molecular Biology from the University of Michigan, as well as a master’s in Epidemiology from the Harvard University School of Public Health. She worked for one year as a consultant at Simon-Kucher & Partners in USA before returning to Indonesia to pursue her dream of using her skills to help people. In 2014, she co-founded Du’Anyam together with two high school friends. Azalea is the CEO of the social enterprise that seeks to empower women from Indonesia’s subsistence farming households.
Azalea Ayuningtyas has a bachelor’s in Cell and Molecular Biology from the University of Michigan, as well as a master’s in Epidemiology from the Harvard University School of Public Health. She worked for one year as a consultant at Simon-Kucher & Partners in USA before returning to Indonesia to pursue her dream of using her skills to help people. In 2014, she co-founded Du’Anyam together with two high school friends. Azalea is the CEO of the social enterprise that seeks to empower women from Indonesia’s subsistence farming households.
Co-founder and CTO of HelloBeauty
After graduating in 2014 with a bachelor’s in Political Science from Indonesia’s Universitas Katolik Parahyangan, Pradana Dyaksa joined PT IDS Medical Systems Indonesia as a management trainee. He later became the e-commerce manager of Bhuwana Ubud Hotel before working in business development at Rocket Internet’s Zen Rooms until he was promoted to become Head of Community in 2016.While still at Zen Rooms, he teamed up with colleague and fellow Parahyangan alumnus Dennish Tjandra to establish HelloBeauty, Indonesia’s leading platform for beauty services.
After graduating in 2014 with a bachelor’s in Political Science from Indonesia’s Universitas Katolik Parahyangan, Pradana Dyaksa joined PT IDS Medical Systems Indonesia as a management trainee. He later became the e-commerce manager of Bhuwana Ubud Hotel before working in business development at Rocket Internet’s Zen Rooms until he was promoted to become Head of Community in 2016.While still at Zen Rooms, he teamed up with colleague and fellow Parahyangan alumnus Dennish Tjandra to establish HelloBeauty, Indonesia’s leading platform for beauty services.
CTO and Co-founder of Pony.ai
Named by Andrew Ng as one of the world's best hackers, Lou Tiancheng (b. 1986) holds a BS and a PhD in Computer Science from Tsinghua University, where he joined the Institute for Theoretical Computer Science (now Institute for Interdisciplinary Information Sciences) at Tsinghua University) headed by Turing Award winner Professor Andrew Chi-Chih Yao. Lou began his career at Google X (before it became Waymo), where he worked on autonomous driving technology, leaving Google in 2016. More commonly known by his handle ACRush within the programming community, Lou was named best Chinese coder the TopCoder Open, the Olympics for hackers, 10 years in a row. He is also a two-time winner of Google Code Jam, a global programming competition. Before co-founding Pony.ai, Lou was the youngest T10 engineer at Baidu, where he worked on autonomous driving under Chief Architect and fellow Pony.ai co-founder James Peng.
Named by Andrew Ng as one of the world's best hackers, Lou Tiancheng (b. 1986) holds a BS and a PhD in Computer Science from Tsinghua University, where he joined the Institute for Theoretical Computer Science (now Institute for Interdisciplinary Information Sciences) at Tsinghua University) headed by Turing Award winner Professor Andrew Chi-Chih Yao. Lou began his career at Google X (before it became Waymo), where he worked on autonomous driving technology, leaving Google in 2016. More commonly known by his handle ACRush within the programming community, Lou was named best Chinese coder the TopCoder Open, the Olympics for hackers, 10 years in a row. He is also a two-time winner of Google Code Jam, a global programming competition. Before co-founding Pony.ai, Lou was the youngest T10 engineer at Baidu, where he worked on autonomous driving under Chief Architect and fellow Pony.ai co-founder James Peng.
Co-founder of Luoji Siwei
After graduating from Nanjing University in 1995 with a bachelor’s degree in Tourism Management, Wu worked for a number of e-commerce firms. He was vice president at VANCL, senior vice president at JD.com and general consultant at lefeng.com. Wu, an original co-founder, left Luoji Siwei in 2013. He moved on from Luoji Siwei to serve as general consultant at media firm Fleet Entertainment. Wu founded Context Lab, a corporate services platform, in 2015. He is also the author of three popular business insight books.
After graduating from Nanjing University in 1995 with a bachelor’s degree in Tourism Management, Wu worked for a number of e-commerce firms. He was vice president at VANCL, senior vice president at JD.com and general consultant at lefeng.com. Wu, an original co-founder, left Luoji Siwei in 2013. He moved on from Luoji Siwei to serve as general consultant at media firm Fleet Entertainment. Wu founded Context Lab, a corporate services platform, in 2015. He is also the author of three popular business insight books.
Founder and CEO of Hero Entertainment
Ying, who invented the concept of mobile game publishing, is often referred to as the Father of Mobile Esports in China. In 1999, he dropped out of East China Normal University three months after matriculating to start his first business venture. In 2006, Ying worked at Standard Chartered Bank. In 2008, he started a mobile game distributing business, later acquired by the V1 Group. Ying became president of China Mobile Games and Entertainment Group, a subsidiary of V1, in 2013. In 2015, he founded Hero Entertainment.
Ying, who invented the concept of mobile game publishing, is often referred to as the Father of Mobile Esports in China. In 1999, he dropped out of East China Normal University three months after matriculating to start his first business venture. In 2006, Ying worked at Standard Chartered Bank. In 2008, he started a mobile game distributing business, later acquired by the V1 Group. Ying became president of China Mobile Games and Entertainment Group, a subsidiary of V1, in 2013. In 2015, he founded Hero Entertainment.
Founder and CEO of Huajuan Mall
Han used to be in charge of marketing at car services provider Autohome. In 2009, she joined designer menswear e-retailer Masa Maso as its marketing director. In 2012, Han became CMO of online cosmetics retailer Lefeng.com. Several months later, she and her husband co-founded Wolonge.com, an online community for employees to write reviews about their employers. By late 2012, the website had over 1 million users, but it ultimately failed. In March 2016, Han founded Huajuan Mall.
Han used to be in charge of marketing at car services provider Autohome. In 2009, she joined designer menswear e-retailer Masa Maso as its marketing director. In 2012, Han became CMO of online cosmetics retailer Lefeng.com. Several months later, she and her husband co-founded Wolonge.com, an online community for employees to write reviews about their employers. By late 2012, the website had over 1 million users, but it ultimately failed. In March 2016, Han founded Huajuan Mall.
Shrimp-farming data made easy: Interview with JALA’s CEO Liris Maduningtyas
Indonesian agritech startup JALA managed to overcome the hurdles caused by lack of experience after participating in accelerator programs. It is now taking the next steps to better products
Shrimp farming IoT startup JALA to launch franchise program by mid-2021
Despite delays to hardware manufacturing and global expansion during the pandemic, JALA achieved encouraging growth in 2020 and is gearing up for a pre-Series A fundraising round
South Summit 2021: Lessons in expanding to Asia from experts on the ground
Cast aside your Eurocentric mindsets, China-based SOSV’s Oscar Ramos and Brinc’s Heriberto Saldivar tell startups, why they should expand to the region, and how best to do it
After emulating Chinese business models, Indonesian startups seek success abroad
Indonesia adapted and furthered the successful business models that created unicorns in China. Now, it's exporting its own to the rest of Southeast Asia, even beyond
South Summit wants to go global, as it launches Brazilian chapter
CEO Marta del Castillo on South Summit’s LatAm, Asia expansion plans; its net-zero pledge; her new role as co-head to further drive growth and more
Jungle.ai: Tapping data and AI to prevent outages and breakdowns
Forewarned is forearmed. Performance predictions by Jungle.ai can help save billions of dollars and hours of frustration caused by sudden power failures
Geetest provides an easy and fun way to secure websites and apps
This startup’s behavior-based verification process takes less than a second to finish, but that’s all the time it needs to distinguish a human from a robot
Cobee: On-demand staff payroll and benefits in an app and card
Backed by Speedinvest, Target Global and Encomenda, Cobee's employee-focused HR SaaS is redefining staff benefits management and beyond
The rising Indonesian edtech star wants to help high-school dropouts earn their diploma and learn the relevant skills to find a job – with an innovative solution lauded at this year’s MIT Solve Challenge
Allread MLT: SaaS that auto detects and turns text, codes and symbols into data
Helping quick digitalization of industries and supply chains, Allread MLT is disrupting traditional OCR with its computer vision technology and neural networks
More Asian men are into skincare and health products, and Elio is here to help (discreetly)
Elio believes offering privacy, free online consultations and discreet product packaging will encourage more men to take better care of their health
Gojek and Tokopedia merge to form GoTo
The new entity, now Indonesia’s largest tech group, plans to go public in Indonesia and the US, targeting a $40bn valuation
A Q&A with the Veniam founder and CEO
KK Fund, GK Plug and Play Indonesia set up online meets between VCs and startups amid Covid-19
VCs like Sequoia Capital, EV Growth, Monk's Hill Ventures and MDI Ventures are onboard to spot potential investments despite Covid-19 downturn
Orain: Making vending machines smarter and more profitable
Vending machines can now interact with consumers and offer FMCG retailers valuable data, thanks to smart hardware from Barcelona-based Orain
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