Indonesia Pasti Bisa
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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.
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.
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.
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.
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.
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.
Softbank-Indosat Fund (SB-ISAT Fund)
A joint US$50 million venture capital fund by SoftBank and Indonesian telecommunications company Indosat. The fund, founded in 2014, invests in companies based in Indonesia.
A joint US$50 million venture capital fund by SoftBank and Indonesian telecommunications company Indosat. The fund, founded in 2014, invests in companies based in Indonesia.
Terrence Teong Chee Hooi is the founder of Digital Alpha Group Pte Ltd and PT Digital Alpha Indonesia, which is the holding company of UangTeman.
Terrence Teong Chee Hooi is the founder of Digital Alpha Group Pte Ltd and PT Digital Alpha Indonesia, which is the holding company of UangTeman.
Global Basket Mulia Investama (GBMI) was established in 2015 in Indonesia with a focus on young entrepreneurs. In 2018, they invested IDR10bn in crowdfunding website Kolase.
Global Basket Mulia Investama (GBMI) was established in 2015 in Indonesia with a focus on young entrepreneurs. In 2018, they invested IDR10bn in crowdfunding website Kolase.
East Ventures raises funds, teams up with state agency to produce Covid-19 tests for Indonesia
East Ventures investee Nusantics has been working with state researchers to produce the prototype; expects mass production of the test kits soon
Fintech startup Xendit launches aid program for Indonesian businesses amid Covid-19 crisis
Xendit is helping more SMEs go online by waiving transaction fees for its digital payments solution for the first month
E-wallet LinkAja gets access to Indonesia's Civil Registry for user data checks
Move allows more than 2,000 public and private entities to verify user data against government records, but the public has raised privacy and security concerns
Ruangguru, Amartha founders made aides to Indonesian President
Seven young leaders appointed to assist President Joko Widodo in non-ministerial tasks, with an emphasis on innovation
Behind Indonesia's recent EV push
EV prices in Indonesia are still high and there are concerns about infrastructure, but serious policymaking and private sector support can boost consumer adoption
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
E-wallet unicorn OVO’s future in question amid Lippo's divestment, talk of DANA merger
As even the conglomerate giant feels the pain of OVO's aggressive cash-burning, should digital payments players rethink their strategy to gain market share, beyond the usual discounts and subsidies?
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
UPDATED - Coronavirus: Indonesian startups launch tracking and healthcare tools, financial support
Amid a weak public health system, Indonesia's startups try to plug the gap with healthcare and monitoring tech solutions, while edtech and other online platforms see surge in demand amid social distancing
Insights on tech and the Indonesian diaspora in Silicon Valley
Navigating the different diaspora communities, one tech event at a time
Bekraf: Growing a creative, productive Indonesia
Established to support Indonesia's creative industries as a whole, Bekraf is also an important link between government and the burgeoning startup landscape
In Indonesia, Ramadan goes hi-tech
From consumption to charity, tech startups have come to play a key role in Ramadan traditions in Indonesia
Gorry Holdings: Promoting staff wellness in Indonesia
The healthtech startup wants companies to understand how healthy employees can translate into good business
Indonesia agritech startup HARA goes on the blockchain
What began as a way to help farmers make data-driven decisions has unexpectedly expanded into blockchain. How does HARA plan to use this technology to improve outcomes in agriculture?
Indonesia finance ministry cans e-commerce tax compliance law
The ministry says the law was misunderstood, but industry players had long questioned the need for such regulation
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