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EDB Investments (EDBI) is an investment arm of Singapore's Economic Development Board. It has invested in emerging technologies since 1991, with particular focus on healthcare and information/communication tech. EDBI seeks companies with the potential to support Singapore's economy through existing economic pillars or the development of new industry sectors, as well as companies that can potentially go global through Singapore.
EDB Investments (EDBI) is an investment arm of Singapore's Economic Development Board. It has invested in emerging technologies since 1991, with particular focus on healthcare and information/communication tech. EDBI seeks companies with the potential to support Singapore's economy through existing economic pillars or the development of new industry sectors, as well as companies that can potentially go global through Singapore.
Co-founder & CBDO of Parclick
Iván Rodriguez is co-founder of Parclick, a parking reservation app, where he is responsible for commercial matters and go-to-market strategies. He has over 10 years of experience in business development, sales and account management in B2B service industries and has held IT-related positions in business intelligence and business analytics projects. Rodriguez holds a master's in Computer Science and an MBA from IESE Business School. He also attended an executive program at Harvard Business School where he specialized in new internet ventures.
Iván Rodriguez is co-founder of Parclick, a parking reservation app, where he is responsible for commercial matters and go-to-market strategies. He has over 10 years of experience in business development, sales and account management in B2B service industries and has held IT-related positions in business intelligence and business analytics projects. Rodriguez holds a master's in Computer Science and an MBA from IESE Business School. He also attended an executive program at Harvard Business School where he specialized in new internet ventures.
Founded in 2015, Mandiri Capital Indonesia (MCI) is the venture capital arm of Bank Mandiri, Indonesia’s largest bank. With the full weight of the Mandiri assets, network and knowhow at its disposal, MCI positions itself as a gateway for fintech firms looking to tap into Indonesia’s vast market potential. It also hosts Mandiri Digital Incubator and StartupBerbagi (Startups Share) to help SMEs go digital by connecting them to startups that can provide free services.
Founded in 2015, Mandiri Capital Indonesia (MCI) is the venture capital arm of Bank Mandiri, Indonesia’s largest bank. With the full weight of the Mandiri assets, network and knowhow at its disposal, MCI positions itself as a gateway for fintech firms looking to tap into Indonesia’s vast market potential. It also hosts Mandiri Digital Incubator and StartupBerbagi (Startups Share) to help SMEs go digital by connecting them to startups that can provide free services.
Born in 1972, Wang started out in finance in 1992 at Xiangcai Securities, where she was employed in multiple capacities. She founded Noah Wealth Management in 2005 and has served as chairperson and CEO ever since. In 2010, Noah became China's first wealth management firm to go public in the US. Wang holds an EMBA from China Europe International Business School.
Born in 1972, Wang started out in finance in 1992 at Xiangcai Securities, where she was employed in multiple capacities. She founded Noah Wealth Management in 2005 and has served as chairperson and CEO ever since. In 2010, Noah became China's first wealth management firm to go public in the US. Wang holds an EMBA from China Europe International Business School.
Co-founder of Findster, Founder and CEO of SWORD Health
Having seen his parents struggle to provide his brother with intensive physical rehabilitation, Virgílio Bento (b. 1984) understood the many pain points faced by the patients and their families. Bento graduated from the University of Aveiro with a master’s in Electronics and Telecommunications Engineering, and went on to pursue a PhD in Electrical Engineering. There, he developed SWORD Phoenix which would go on to be the technology behind SWORD Health, a startup Bento founded and of which he is currently CEO. Bento is also a co-founder of Findster Technologies, a dual pet tracker and fitness tech.
Having seen his parents struggle to provide his brother with intensive physical rehabilitation, Virgílio Bento (b. 1984) understood the many pain points faced by the patients and their families. Bento graduated from the University of Aveiro with a master’s in Electronics and Telecommunications Engineering, and went on to pursue a PhD in Electrical Engineering. There, he developed SWORD Phoenix which would go on to be the technology behind SWORD Health, a startup Bento founded and of which he is currently CEO. Bento is also a co-founder of Findster Technologies, a dual pet tracker and fitness tech.
ATM Capital is a China-based venture capital firm with a focus on Southeast Asia. In 2017, ATM Capital participated in the seed round of Indonesian coworking space operator Rework (now GoWork). Its its partners have invested in Go-Jek, Rocket Internet and several Chinese companies. It closed its US$200 million fund in January 2019.
ATM Capital is a China-based venture capital firm with a focus on Southeast Asia. In 2017, ATM Capital participated in the seed round of Indonesian coworking space operator Rework (now GoWork). Its its partners have invested in Go-Jek, Rocket Internet and several Chinese companies. It closed its US$200 million fund in January 2019.
Co-founder of SWORD Health
David Dieteren Ribeiro had aspired to become a professional underwater welder, but as fate would have it, he was exposed to the world of electronics and would go on to pursue an education in the field, culminating in a master’s in Electronics and Telecommunications from the University of Aveiro. Dieteren has since used his knowledge to co-found two companies, Findster Technologies, a dual pet tracker and fitness tech, and SWORD Health, the first remote physiotherapy tech. Dieteren currently lives in the Netherlands where he works as Process Control Engineer for Sitech Services.
David Dieteren Ribeiro had aspired to become a professional underwater welder, but as fate would have it, he was exposed to the world of electronics and would go on to pursue an education in the field, culminating in a master’s in Electronics and Telecommunications from the University of Aveiro. Dieteren has since used his knowledge to co-found two companies, Findster Technologies, a dual pet tracker and fitness tech, and SWORD Health, the first remote physiotherapy tech. Dieteren currently lives in the Netherlands where he works as Process Control Engineer for Sitech Services.
This startup helps customers skip long checkout lines at brick-and-mortar stores by letting them scan and pay for products with their smart devices.
This startup helps customers skip long checkout lines at brick-and-mortar stores by letting them scan and pay for products with their smart devices.
Co-founder and COO of Kopi Kenangan
Before he became the COO of grab-and-go coffee chain Kopi Kenangan, James Prananto had built a career as an executive in Media Nusantara Citra (MNC), one of Indonesia's biggest media conglomerates. Prananto, who holds an MBA from the Loyola Marymount University, USA, started his career at Bakrie Brothers as an investment analyst. The stint only lasted for a few months before he joined MNC. Between 2013 and 2015, he worked his way up to become assistant head of investor relations and corporate finance. In 2015, he became the head of marketing for MNC's e-commerce branch, Mister Aladin, and held the role until 2018, a year after he established Kopi Kenangan with Edward Tirtanata.
Before he became the COO of grab-and-go coffee chain Kopi Kenangan, James Prananto had built a career as an executive in Media Nusantara Citra (MNC), one of Indonesia's biggest media conglomerates. Prananto, who holds an MBA from the Loyola Marymount University, USA, started his career at Bakrie Brothers as an investment analyst. The stint only lasted for a few months before he joined MNC. Between 2013 and 2015, he worked his way up to become assistant head of investor relations and corporate finance. In 2015, he became the head of marketing for MNC's e-commerce branch, Mister Aladin, and held the role until 2018, a year after he established Kopi Kenangan with Edward Tirtanata.
Co-founder and CEO of Mapan by Ruma
Indonesia’s most prominent young social entrepreneur Aldi Haryopratomo was in the Harvard Business School class of 2011, where his peers included Go-Jek founder Nadiem Makarim and Grab founders Anthony Tan and Tan Hooi Ling.Aldi began his career as a security consultant for Ernst & Young. After a one-year stint at the Boston Consulting Group, Aldi worked with Sean Dewitt and Budiman Wikarsa from the Grameen Foundation to develop Ruma, a business-in-a-box startup for low-income Indonesians in 2009. Ruma launched the “Arisan Mapan” group-buying app in 2014.Aldi also holds a Computer Engineering degree from Purdue University. He was selected as a Young Global Leader in the 2012 World Economic Forum.
Indonesia’s most prominent young social entrepreneur Aldi Haryopratomo was in the Harvard Business School class of 2011, where his peers included Go-Jek founder Nadiem Makarim and Grab founders Anthony Tan and Tan Hooi Ling.Aldi began his career as a security consultant for Ernst & Young. After a one-year stint at the Boston Consulting Group, Aldi worked with Sean Dewitt and Budiman Wikarsa from the Grameen Foundation to develop Ruma, a business-in-a-box startup for low-income Indonesians in 2009. Ruma launched the “Arisan Mapan” group-buying app in 2014.Aldi also holds a Computer Engineering degree from Purdue University. He was selected as a Young Global Leader in the 2012 World Economic Forum.
Shenzhen Qianhai Xingwang Investment Co Ltd
Shenzhen Qianhai Xingwang Investment Co Ltd (Xingwang Investment) was founded in June 2015. The company is headquartered in Shenzhen and has offices in Beijing and Shanghai. Xingwang Investment has RMB 5 billion under management. It has established an investment fund with Ximalaya FM, China's largest audio sharing platform, to finance startups in the pay-for-knowledge sector.
Shenzhen Qianhai Xingwang Investment Co Ltd (Xingwang Investment) was founded in June 2015. The company is headquartered in Shenzhen and has offices in Beijing and Shanghai. Xingwang Investment has RMB 5 billion under management. It has established an investment fund with Ximalaya FM, China's largest audio sharing platform, to finance startups in the pay-for-knowledge sector.
Arrive is the venture capital arm of Roc Nation, the full-service entertainment management company established by US musician Jay-Z. Aside from managing musicians and producing music under their label, Roc Nation also manages equity distribution for musicians, as well as talents in the sports industry. Arrive has made a number of investments in the Southeast Asia region, including in Singapore-based scooter rental startup Beam and fashion e-commerce Zilingo. In Indonesia, it has invested in Kopi Kenangan, a chain of grab-and-go coffee outlets. It has also invested in Super, a Y Combinator graduate startup enabling social commerce through group-buying.
Arrive is the venture capital arm of Roc Nation, the full-service entertainment management company established by US musician Jay-Z. Aside from managing musicians and producing music under their label, Roc Nation also manages equity distribution for musicians, as well as talents in the sports industry. Arrive has made a number of investments in the Southeast Asia region, including in Singapore-based scooter rental startup Beam and fashion e-commerce Zilingo. In Indonesia, it has invested in Kopi Kenangan, a chain of grab-and-go coffee outlets. It has also invested in Super, a Y Combinator graduate startup enabling social commerce through group-buying.
CPO and co-founder of Tezign
Wang is a computer engineer and SaaS expert. He received his bachelor’s degree in Electronic Engineering from Zhejiang University and his master’s degree in Computer Science from Columbia University. He once worked as an in-house engineer for WorkMarket, an American startup that businesses of all sizes trust to find, manage and pay their freelancers and independent contractors.
Wang is a computer engineer and SaaS expert. He received his bachelor’s degree in Electronic Engineering from Zhejiang University and his master’s degree in Computer Science from Columbia University. He once worked as an in-house engineer for WorkMarket, an American startup that businesses of all sizes trust to find, manage and pay their freelancers and independent contractors.
Eight Roads Ventures is the investment arm of Bermuda-based investment management giant Fidelity International Limited, which was founded in 1969. (It was formerly called Fidelity Growth Partners.) Its investment focus includes emerging technology and healthcare companies in North America, Europe and China in their go-to-market stage and early customer traction. It has offices in the UK, China, India and Japan and has seen 42 exits and has invested in over 300 companies to date. It also participates in Series A to D funding rounds and is a major investor in real estate.
Eight Roads Ventures is the investment arm of Bermuda-based investment management giant Fidelity International Limited, which was founded in 1969. (It was formerly called Fidelity Growth Partners.) Its investment focus includes emerging technology and healthcare companies in North America, Europe and China in their go-to-market stage and early customer traction. It has offices in the UK, China, India and Japan and has seen 42 exits and has invested in over 300 companies to date. It also participates in Series A to D funding rounds and is a major investor in real estate.
Co-founded by Robin Li and six others in 2000, Baidu, Inc., is a search engine provider with 80% of the Chinese market. Its business consists of three parts: search services, transaction services and iQiyi video services. Search services are targeted at internet users; pay-for-placement services, for example, are triggered by search queries. Transaction services include Baidu Nuomi, Baidu Maps, Baidu Connect, Baidu Wallet, etc. iQiyi is an online video platform with a content library that includes licensed and self-produced films and shows. In 2017, Baidu invested mainly in the fields of AI, transportation and enterprise services.
Co-founded by Robin Li and six others in 2000, Baidu, Inc., is a search engine provider with 80% of the Chinese market. Its business consists of three parts: search services, transaction services and iQiyi video services. Search services are targeted at internet users; pay-for-placement services, for example, are triggered by search queries. Transaction services include Baidu Nuomi, Baidu Maps, Baidu Connect, Baidu Wallet, etc. iQiyi is an online video platform with a content library that includes licensed and self-produced films and shows. In 2017, Baidu invested mainly in the fields of AI, transportation and enterprise services.
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
Supermarkets can now go cashierless too, with Mars Rabbit's scan & go app
Chinese startup gives traditional retailers the tech ammunition and chance to beat Amazon and Alibaba at their own game
Tiantian Xuenong: China's first pay-for-knowledge agricultural platform
Capitalizing on a deep understanding of Chinese agriculture, this startup is building an online school where farmers can learn agricultural and business skills
Xiaoe Tech: Capitalizing on China’s pay-for-knowledge fever
In just two years, this startup has helped its clients sell RMB 2.2 billion worth of knowledge-based content online
QinLin Tech gets advertisers to pay for your local security systems
Besides keeping residents safe from intruders, QinLin’s smart community business model also offers essential home services, social activities and group-buying discounts
Buy Yourself GO: Relieving the pressure in high-demand retail
Buy Yourself's patented self-checkout technology specifically targets peak sales periods for bricks-and-mortars and requires no prior download of software
CoolFarm: Why did Microsoft Portugal's Startup of the Year go bust?
The indoor-gardening tech startup went from winning awards to closing down with debts of close to €1m four years after its founding
Medigo, a long-awaited solution for Indonesia healthcare to go digital
Winning seed funding from Venturra Capital, Medigo seeks to help Indonesian hospitals make the transition into digital administration. We spoke to co-founders Harya Bimo and Faizal Rahman to find out more
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
Cashtree combines locksreen ads and rewards-based marketing to help businesses go viral
The Indonesian mobile advertising platform encourages users to share ads on social media and WhatsApp so they go viral
Innovate big or go home: logistics unicorn YH Global eyes “Belt and Road” gold
The world’s first logistics firm to become a unicorn at Series A is a model of innovation in China. More overseas growth is next
Beyond ride-hailing: Gojek, Grab and all their friends
Now that Grab and Go-Jek are in a faceoff on a regional scale, here's a look at how Southeast Asia's two biggest unicorns – and their investors – could be shaping the local digital economies and startup ecosystems
Xhockware's YouBeep app for speedy checkout, higher customer spending
Besides cutting checkout time to under 1 minute, this in-store shopping app also has other bright ideas: targeted marketing, allergy warnings, even wine-pairing tips
In Indonesia, Ramadan goes hi-tech
From consumption to charity, tech startups have come to play a key role in Ramadan traditions in Indonesia
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
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