Gig workers
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Established as an asset management company in 2017, Chasestone Capital has launched major funds in real estate, private equity, consumer finance and securities investment. The company completed its Series A funding round in September 2017 with backing from well-known investors such as Orient Capital, SBCVC, Cowin Capital, Bridge Capital, GIG and Tsing Ventures.
Established as an asset management company in 2017, Chasestone Capital has launched major funds in real estate, private equity, consumer finance and securities investment. The company completed its Series A funding round in September 2017 with backing from well-known investors such as Orient Capital, SBCVC, Cowin Capital, Bridge Capital, GIG and Tsing Ventures.
Co-founder and CCO of Sampingan
Margana Mohamad studied Management and Entrepreneurship at Universitas Padjadjaran, Indonesia, from 2010 to 2014. As a student, he had run his own Bandung-based bartending and kitchen consultancy, which he left in 2016 to join pharmaceutical giant GSK. Between 2017 and 2018, Margana was managing director at outsourcing firm Palu Business Services, after which he established gig marketplace startup Sampingan.
Margana Mohamad studied Management and Entrepreneurship at Universitas Padjadjaran, Indonesia, from 2010 to 2014. As a student, he had run his own Bandung-based bartending and kitchen consultancy, which he left in 2016 to join pharmaceutical giant GSK. Between 2017 and 2018, Margana was managing director at outsourcing firm Palu Business Services, after which he established gig marketplace startup Sampingan.
Co-founder and Operations Manager of ZendMoney
William Lamuda is the operational manager and co-founder of ZendMoney, a remittance service for Indonesia's migrant workers. He and colleague Bong Defendy first established a software development company, which later developed ZendMoney as one of their products.
William Lamuda is the operational manager and co-founder of ZendMoney, a remittance service for Indonesia's migrant workers. He and colleague Bong Defendy first established a software development company, which later developed ZendMoney as one of their products.
Co-founder and CEO of Farmlink
A former computer programmer turned investment banker, Liu Yuan spent two years on Wall Street before returning to China, where he founded two startups, zhekouwang (a discount information site) and ximi.com (online store selling snacks to office workers). Both ventures folded up; Farmlink is his latest undertaking.
A former computer programmer turned investment banker, Liu Yuan spent two years on Wall Street before returning to China, where he founded two startups, zhekouwang (a discount information site) and ximi.com (online store selling snacks to office workers). Both ventures folded up; Farmlink is his latest undertaking.
Co-founder of Sampingan
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Co-founder and CEO of Sampingan
Former Go-Jek operations manager Wisnu Nugrahadi has embarked on his own entrepreneurial journey, establishing gig marketplace app Sampingan in 2018. After a brief stint as an intern at Uber Indonesia where he was part of the company's Bandung launch team, Wisnu joined on-demand transportation company Go-Jek in June 2015. He was promoted to head of operations for Go-Life (the lifestyle services arm of Go-Jek) within a few months of joining, after which he became senior operations manager in 2017. Wisnu graduated with a bachelor's in Business Administration from Universitas Padjadjaran, Indonesia in 2015.
Former Go-Jek operations manager Wisnu Nugrahadi has embarked on his own entrepreneurial journey, establishing gig marketplace app Sampingan in 2018. After a brief stint as an intern at Uber Indonesia where he was part of the company's Bandung launch team, Wisnu joined on-demand transportation company Go-Jek in June 2015. He was promoted to head of operations for Go-Life (the lifestyle services arm of Go-Jek) within a few months of joining, after which he became senior operations manager in 2017. Wisnu graduated with a bachelor's in Business Administration from Universitas Padjadjaran, Indonesia in 2015.
Founded in Washington DC in 2016, AV Ventures is co-founded by US not-for-profit organizations, the Agricultural Cooperative Development International and Volunteers in Overseas Cooperative Assistance.AV Ventures focuses on supporting SMEs that facilitate financing for farmers to improve sustainable supply chain management and boost social impact in Africa and Central Asia. Investments in tech startups include the $790,000 seed round of AgroCenta in January 2021. Through AV Frontiers in Bishkek, the VC also recently participated in April’s investment round of Kyrgyzstan-based ololoAkJol Resort, a hub for digital nomads, or independent remote workers.
Founded in Washington DC in 2016, AV Ventures is co-founded by US not-for-profit organizations, the Agricultural Cooperative Development International and Volunteers in Overseas Cooperative Assistance.AV Ventures focuses on supporting SMEs that facilitate financing for farmers to improve sustainable supply chain management and boost social impact in Africa and Central Asia. Investments in tech startups include the $790,000 seed round of AgroCenta in January 2021. Through AV Frontiers in Bishkek, the VC also recently participated in April’s investment round of Kyrgyzstan-based ololoAkJol Resort, a hub for digital nomads, or independent remote workers.
Automated feeder systems from eFishery will help fish and shrimp farmers to operate more profitably by providing feeding data and training to eliminate wastage.
Automated feeder systems from eFishery will help fish and shrimp farmers to operate more profitably by providing feeding data and training to eliminate wastage.
Co-founder and CEO of ZendMoney
Software engineer Bong Defendy established his first company, Winning-Soft (PT Datacaraka Solusindo), while studying Computer Science at Bina Nusantara University. He has been running the company since 2005, providing various software development and digital consultancy services. In 2017, Defendy and colleague William Lamuda decided to develop ZendMoney, a remittance service for Indonesian migrant workers that would use an e-wallet concept. Defendy continues to run Winning-Soft concurrently with ZendMoney, with Winning-Soft providing development support to ZendMoney.
Software engineer Bong Defendy established his first company, Winning-Soft (PT Datacaraka Solusindo), while studying Computer Science at Bina Nusantara University. He has been running the company since 2005, providing various software development and digital consultancy services. In 2017, Defendy and colleague William Lamuda decided to develop ZendMoney, a remittance service for Indonesian migrant workers that would use an e-wallet concept. Defendy continues to run Winning-Soft concurrently with ZendMoney, with Winning-Soft providing development support to ZendMoney.
CEO and co-founder of Yuanfudao
Graduating with a bachelor’s degree in journalism at the Renmin University of China, Li Yong has worked for various publications like Workers Daily, Finance and Economics Magazine, Southern Weekly and Global Entrepreneur.In April 2012, he resigned as the president of portal business at news portal NetEase to establish an online tutoring platform Fenbi, the predecessor of Yuanfudao. He is currently the CEO at Yuanfudao.Before starting his own business, Li had invested in Tinder-style dating app Momo and business media Huxiu.
Graduating with a bachelor’s degree in journalism at the Renmin University of China, Li Yong has worked for various publications like Workers Daily, Finance and Economics Magazine, Southern Weekly and Global Entrepreneur.In April 2012, he resigned as the president of portal business at news portal NetEase to establish an online tutoring platform Fenbi, the predecessor of Yuanfudao. He is currently the CEO at Yuanfudao.Before starting his own business, Li had invested in Tinder-style dating app Momo and business media Huxiu.
Digitanimal increases ranchers' productivity and cost-savings using geolocalization, health analytics based on real-time data and AI. Product Cattlechain guarantees adherence to EU animal welfare standards.
Digitanimal increases ranchers' productivity and cost-savings using geolocalization, health analytics based on real-time data and AI. Product Cattlechain guarantees adherence to EU animal welfare standards.
CEO and Founder of Xiaoe Tech
Bao Chunjian graduated from the University of Science and Technology of China in 2006 with a master’s degree in Computer Science. He then joined Tencent where he worked for nine years on the R&D of major data-related technologies rising to the level of a T4 expert engineer (the highest title an engineer can achieve in Tencent). In 2015, Bao Chunjian recruited a few former Tencent employees and founded a startup to help blue-collar workers find jobs but that business failed in 2016. He then started Xiaoe Tech.
Bao Chunjian graduated from the University of Science and Technology of China in 2006 with a master’s degree in Computer Science. He then joined Tencent where he worked for nine years on the R&D of major data-related technologies rising to the level of a T4 expert engineer (the highest title an engineer can achieve in Tencent). In 2015, Bao Chunjian recruited a few former Tencent employees and founded a startup to help blue-collar workers find jobs but that business failed in 2016. He then started Xiaoe Tech.
Founder and CEO of Insan Medika
Born in 1989, Try Wibowo has joined entrepreneurship coaching programs since his second year at Madiun Public High School. Eager to follow in the footsteps of the successful, local entrepreneurs; Try decided to start his first business venture in 2008 after leaving high school. The success of his Assistant Nurse Vocational Training Center motivated him to consider setting up an online nursing services agency to provide employment for the local graduates, nurses and other healthcare workers. The young entrepreneur, from Ngawi Regency in East Java, invested IDR 50 million to launch Insan Medika in 2013. He became the CEO of the newly incorporated PT Insan Medika Persada in December 2015.
Born in 1989, Try Wibowo has joined entrepreneurship coaching programs since his second year at Madiun Public High School. Eager to follow in the footsteps of the successful, local entrepreneurs; Try decided to start his first business venture in 2008 after leaving high school. The success of his Assistant Nurse Vocational Training Center motivated him to consider setting up an online nursing services agency to provide employment for the local graduates, nurses and other healthcare workers. The young entrepreneur, from Ngawi Regency in East Java, invested IDR 50 million to launch Insan Medika in 2013. He became the CEO of the newly incorporated PT Insan Medika Persada in December 2015.
CEO and co-founder of Vence
Former US investment banker Frank Wooten graduated in accounting and finance at the College of William and Mary in Virginia. He also went on a study program in Madrid at Saint Louis University in 2002.After his graduation in 2003, he worked as managing director of CJS Securities in New York, a company that follows 100 underpriced stocks. In July 2008, he founded Point Blank Capital and became the managing partner of the financial services company based in Miami. In January 2016, he became the CFO and COO for Sao Paulo-based startup Squad, a platform that connects self-employed workers with companies.Wooten also met up with Jasper Holdsworth, a cattle rancher from New Zealand who was exploring the use of GPS tracking sensors to create a virtual fencing system for livestock management. In July 2016, Wooten became the CEO and co-founder of Vence Corp. The tech company designs and makes AI-enabled tracking devices like animal collars to help livestock owners reduce animal husbandry costs and improve the productivity of their pastureland.
Former US investment banker Frank Wooten graduated in accounting and finance at the College of William and Mary in Virginia. He also went on a study program in Madrid at Saint Louis University in 2002.After his graduation in 2003, he worked as managing director of CJS Securities in New York, a company that follows 100 underpriced stocks. In July 2008, he founded Point Blank Capital and became the managing partner of the financial services company based in Miami. In January 2016, he became the CFO and COO for Sao Paulo-based startup Squad, a platform that connects self-employed workers with companies.Wooten also met up with Jasper Holdsworth, a cattle rancher from New Zealand who was exploring the use of GPS tracking sensors to create a virtual fencing system for livestock management. In July 2016, Wooten became the CEO and co-founder of Vence Corp. The tech company designs and makes AI-enabled tracking devices like animal collars to help livestock owners reduce animal husbandry costs and improve the productivity of their pastureland.
Gigacover: Providing a financial safety net for gig workers
Gigacover is eyeing multi-billion-dollar opportunities in income and healthcare protection and financial services for the 150m self-employed workers in Southeast Asia, about half of whom are underbanked
From delivery riders to MSMEs, Igloo aims to make insurance more accessible
Expanding from its origins in e-commerce insurance, Igloo seeks growth in credit insurance and income protection for middle-income groups in Southeast Asia
For Indonesia’s gig workers, Sampingan provides side jobs that matter
Besides helping businesses gather data and scale at a bargain, Sampingan wants to help its workers level up and perform more complex tasks
Spain's gig and sharing economy startups flourish, despite barrage of restrictions
Startups like Glovo and Spotahome topped fundings raised in 2018 despite local regulatory risks, as Spanish tech firms conquer overseas markets
Spanish tech companies launch multi-project Covid-19 portal to help citizens and authorities
Startups including Glovo, CARTO and Cabify join forces with the likes of Google, Apple and IBM in the #StopCorona initiative to help Spain fight the pandemic
Teliman: Driver-centered mobility model assisting Malian development
The startup addresses a basic necessity with its on-demand ride-hailing services while supporting the personal and economic progress of its drivers, including empowering women
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
China edtech companies pivot to survive private tutoring crackdown
AI adaptive personalized learning is the bright star, attracting investors and corporates
Indonesian fintechs plug payday gaps, help workers stay away from loan sharks
Cash advance or “earned wage access” programs, already popular employee benefits in the US and Europe, are attracting investors and diverse clients in Indonesia
HeyGo's shattered dreams: Promising P2P classified services platform failed to scale
With 96,000 monthly active users, classified services app HeyGo grew in user numbers, but not revenue. It soon declared bankruptcy
The edtech startup formerly named Squiline hopes greater fluency in English can boost Indonesia's creative and tourism sectors
From Tekapedia to HayoKerja: How failure led to a less exciting business model – and success
Borrowing the e-commerce marketplace model, Tekapedia tried to match businesses with blue-collar hires, but it soon realized the sector had simpler needs
Can Indonesia plug its tech talent gap to keep its digital economy growing?
Local institutions are stepping up to boost tech skills among students and jobseekers, as the government opens the way for more foreign talent joining startups
Portugal's Prodsmart takes AI, IoT-based manufacturing to US factories
Smart factories can cut wastage by 80% and improve inventory, production and supply chains, tackling US$200 billion worth of losses
Onesight: Reducing building construction errors with 3D, AR/VR visualization apps
Shanghai-based Onesight provides a digital alternative to 2D architectural drawings for teams working on construction sites
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