Indonesia
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UMG Indonesia is a subsidiary of the Myanmar-based UMG conglomerate that was founded in 1998. The Indonesian company is a hardware and machine distributor, with property interests in Indonesia. In 2017, UMG provided seed funding to fishery tech startup Aruna.
UMG Indonesia is a subsidiary of the Myanmar-based UMG conglomerate that was founded in 1998. The Indonesian company is a hardware and machine distributor, with property interests in Indonesia. In 2017, UMG provided seed funding to fishery tech startup Aruna.
Angel Investment Network Indonesia (ANGIN)
ANGIN (Angel Investment Network Indonesia) is the first and largest network of angel investors in Indonesia. The funding and mentoring network comprises high net-worth individuals from diverse industry sectors, including venture capitalists, senior executives and celebrities. ANGIN also manages its own impact investment fund and a fund for women’s empowerment and entrepreneurship.
ANGIN (Angel Investment Network Indonesia) is the first and largest network of angel investors in Indonesia. The funding and mentoring network comprises high net-worth individuals from diverse industry sectors, including venture capitalists, senior executives and celebrities. ANGIN also manages its own impact investment fund and a fund for women’s empowerment and entrepreneurship.
PT Mitra Komunikasi Indonesia Tbk.
Mitra Komunikasi Nusantara (MKN) is a public-listed company in Indonesia. With business interests in mobile communications, it is one of the largest distributors of Samsung and OPPO smartphones in Indonesia. Besides distributing products for one of Indonesia’s major mobile network operators Telkomsel, MKN also manages the GraPARI customer service centers. MKN was established by the founder of Kioson Roby Tan.
Mitra Komunikasi Nusantara (MKN) is a public-listed company in Indonesia. With business interests in mobile communications, it is one of the largest distributors of Samsung and OPPO smartphones in Indonesia. Besides distributing products for one of Indonesia’s major mobile network operators Telkomsel, MKN also manages the GraPARI customer service centers. MKN was established by the founder of Kioson Roby Tan.
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.
Plug and Play Tech Center is a startup accelerator and venture fund based in Silicon Valley, USA. It invests in over 100 startups every year, from pre-product to Series A, including Dropbox and Lending Club.The VC launched its first accelerator program in Indonesia in February 2017, in partnership with Indonesia’s Gan Kapital. Since then, the program has provided mentorship and US$50,000 funding to each of the 11 startups selected from the ASEAN region including Astronaut Technologies. Other corporate partners include Astra International, BNI, Bank BTN and Sinar Mas.
Plug and Play Tech Center is a startup accelerator and venture fund based in Silicon Valley, USA. It invests in over 100 startups every year, from pre-product to Series A, including Dropbox and Lending Club.The VC launched its first accelerator program in Indonesia in February 2017, in partnership with Indonesia’s Gan Kapital. Since then, the program has provided mentorship and US$50,000 funding to each of the 11 startups selected from the ASEAN region including Astronaut Technologies. Other corporate partners include Astra International, BNI, Bank BTN and Sinar Mas.
Indonesian Paradise Property is a group of property developers and management companies focusing on lifestyle destinations and hospitality properties in prime locations in Indonesia. Its portfolio includes Jakarta's Plaza Indonesia mall and Grand Hyatt Jakarta, as well as the Sahid Kuta resort in Bali.
Indonesian Paradise Property is a group of property developers and management companies focusing on lifestyle destinations and hospitality properties in prime locations in Indonesia. Its portfolio includes Jakarta's Plaza Indonesia mall and Grand Hyatt Jakarta, as well as the Sahid Kuta resort in Bali.
An online community to share information on salaries and workplace reviews of companies in Indonesia and Malaysia helps level the playing field for employees.
An online community to share information on salaries and workplace reviews of companies in Indonesia and Malaysia helps level the playing field for employees.
Artav is the major distributor for XL Axiata, one of Indonesia’s biggest mobile network operators. Founded in 2011, Artav distributes mobile phone products including prepaid/postpaid cards and vouchers through physical retail and electronic channels. Artav is the majority shareholder of Kioson, with a 53% stake in the O2O fintech. One of Artav’s commissioners is Viperi Limiardi who is also a co-founder of Kioson.
Artav is the major distributor for XL Axiata, one of Indonesia’s biggest mobile network operators. Founded in 2011, Artav distributes mobile phone products including prepaid/postpaid cards and vouchers through physical retail and electronic channels. Artav is the majority shareholder of Kioson, with a 53% stake in the O2O fintech. One of Artav’s commissioners is Viperi Limiardi who is also a co-founder of Kioson.
Kejora is a stage agnostic venture capital firm that focuses in investments in Southeast Asia. Since established in 2008, Kejora has expanded to three offices in Singapore, Philippines and Indonesia. It is headquartered in Jakarta, Indonesia.
Kejora is a stage agnostic venture capital firm that focuses in investments in Southeast Asia. Since established in 2008, Kejora has expanded to three offices in Singapore, Philippines and Indonesia. It is headquartered in Jakarta, Indonesia.
RMKB Ventures is a hands-on venture firm investing in seed stage digital companies in Indonesia. Managing partner Kevin Sutantyo is a veteran entrepreneur in the US and in Indonesia. He recently became a venture partner at Sovereign’s Capital, also an investor in Printerous.
RMKB Ventures is a hands-on venture firm investing in seed stage digital companies in Indonesia. Managing partner Kevin Sutantyo is a veteran entrepreneur in the US and in Indonesia. He recently became a venture partner at Sovereign’s Capital, also an investor in Printerous.
Sequis Life is an insurance company in Indonesia. Originally named PT Universal Life Indonesia, it was established in 1984 as part of the Gunung Sewu conglomerate group of companies. As of 2018, it manages over IDR 14.8t in assets and more than 400,000 policies.
Sequis Life is an insurance company in Indonesia. Originally named PT Universal Life Indonesia, it was established in 1984 as part of the Gunung Sewu conglomerate group of companies. As of 2018, it manages over IDR 14.8t in assets and more than 400,000 policies.
Indonesia’s fashion industry is concentrated in large cities in Java. For those living elsewhere, Sale Stock’s low prices and free shipping are especially attractive.
Indonesia’s fashion industry is concentrated in large cities in Java. For those living elsewhere, Sale Stock’s low prices and free shipping are especially attractive.
By translating intimidating financial jargon into plain language, this product comparison fintech helps improve access to financial products for Indonesians, many of them financially illiterate.
By translating intimidating financial jargon into plain language, this product comparison fintech helps improve access to financial products for Indonesians, many of them financially illiterate.
Established in 2011, Ideosource is a venture capital firm specializing in early- to late-stage investments in Indonesia.
Established in 2011, Ideosource is a venture capital firm specializing in early- to late-stage investments in Indonesia.
F&B supplier STOQO collapses, a casualty of Covid-19 restaurant closures in Indonesia
A once promising startup, STOQO's woes reflect the challenges faced by the local F&B industry, which is finding new ways to stay afloat
Oper Indonesia: On-demand drivers give car owners a break from endless traffic jams
Oper offers on-demand chauffeurs and car valets for stressed-out drivers and busy vehicle-owners
FMCG supply chain solution KlikDaily simplifies life for mom-and-pop stores in Indonesia
KlikDaily, which raised Series A funding this week, is helping small businesses streamline supply of FMCG and reduce prices by eliminating several links in the supply chain
Raising $50m second fund, Indogen Capital seeks more international partners and exits
Cooperation is key to Indogen's investment thesis, as it looks to help more foreign VCs and their portfolio startups find success in Southeast Asia's biggest market
Bringing Indonesia's research to the world: Interview with Anton Lucanus, Neliti CEO
The former biologist talks about online repositories and his vision for improving Indonesia's research culture
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
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
Indonesian unicorn Traveloka aims for US listing via SPAC
The online travel aggregator reported revenue drops and layoffs in 2020 but became profitable late last year, led by recoveries in Vietnam and Thailand
Insights on tech and the Indonesian diaspora in Silicon Valley
Navigating the different diaspora communities, one tech event at a time
What Indonesia’s election could mean for startups and investors
Industry players voice their hopes, concerns and expectations as the April presidential election nears
Soul Parking aims to solve Indonesia's motorcycle problem with unique parking spaces
Known for its “Instagrammable” space-saving parking solutions, Soul Parking has adapted to Covid conditions with disinfecting service and contactless transactions to attract more riders
Alodokter wants personalised healthcare on tap
The Indonesian healthcare startup recently got a US$9 million Series B funding for expansion.
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
Coding edtech platform Dicoding fulfills market demand for tech professionals
Dicoding wants to remedy the shortfall in Indonesian tech professionals and prepare them for the global industry
Traveloka CTO Derianto Kusuma resigns
The co-founder cites a changing ecosystem and company direction for his decision, while hinting at a new venture
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