Indonesian Ministry of Tourism and Creative Economy
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Founder and Former CEO of CekAja
International relations graduate, John Patrick Ellis worked in East Indonesia for two years with ViA-Volunteers Asia in 2005. He has picked up some Manggarai dialect along the way and also speaks Indonesian. In 2011, John created Harpoon Mobile, a maptech software that was later sold to a North American online marketing company in 2013. He went on to co-found C88 Financial Technologies Pte Ltd in Singapore that acquired CekAja and Otobro in Indonesia. John became the Group CEO of C88. The group’s other co-founder and chairman Karl Knoflach is based in the Philippines.
International relations graduate, John Patrick Ellis worked in East Indonesia for two years with ViA-Volunteers Asia in 2005. He has picked up some Manggarai dialect along the way and also speaks Indonesian. In 2011, John created Harpoon Mobile, a maptech software that was later sold to a North American online marketing company in 2013. He went on to co-found C88 Financial Technologies Pte Ltd in Singapore that acquired CekAja and Otobro in Indonesia. John became the Group CEO of C88. The group’s other co-founder and chairman Karl Knoflach is based in the Philippines.
Co-founder and COO of Otobro
Mathew F Jones joined Otobro Pte Ltd in 2016 as co-founder and COO. Otobro was acquired by the C88 Group in March 2017. Mathew is also the commissioner of PT Superior Coach, a representative office in Jakarta. Mathew has worked in Indonesia for over 11 years. He joined PT Selaras Nusa Abadi as general manager in 2003 and became the managing director and Dealer Council chairman of the company from 2005 until 2015. He has a bachelor’s in Political Economy of Industrial Societies from the University of California Berkeley, USA.
Mathew F Jones joined Otobro Pte Ltd in 2016 as co-founder and COO. Otobro was acquired by the C88 Group in March 2017. Mathew is also the commissioner of PT Superior Coach, a representative office in Jakarta. Mathew has worked in Indonesia for over 11 years. He joined PT Selaras Nusa Abadi as general manager in 2003 and became the managing director and Dealer Council chairman of the company from 2005 until 2015. He has a bachelor’s in Political Economy of Industrial Societies from the University of California Berkeley, USA.
CEO and co-founder of FROGS
After starting his career in Indonesian automotive conglomerate Astra, businessman Kiwi Aliwarga left the country in 1998 to establish United Machinery in Myanmar with business partner Daw Marlar Win. The United Machinery Group (UMG) is now one of Myanmar's biggest conglomerates. Its original core business, ranging from distribution of generators and other heavy machinery, has been transformed and expanded to include media, leisure and F&B.The venture capital arm UMG Idealab seeks and supports innovative business ideas from the region to bring back to Myanmar. Through UMG Idealab, Aliwarga is exploring various new technologies including passenger-carrying drone taxis. He recently co-founded FROGS in Indonesia with former aircraft engineer Asro Nasiri.
After starting his career in Indonesian automotive conglomerate Astra, businessman Kiwi Aliwarga left the country in 1998 to establish United Machinery in Myanmar with business partner Daw Marlar Win. The United Machinery Group (UMG) is now one of Myanmar's biggest conglomerates. Its original core business, ranging from distribution of generators and other heavy machinery, has been transformed and expanded to include media, leisure and F&B.The venture capital arm UMG Idealab seeks and supports innovative business ideas from the region to bring back to Myanmar. Through UMG Idealab, Aliwarga is exploring various new technologies including passenger-carrying drone taxis. He recently co-founded FROGS in Indonesia with former aircraft engineer Asro Nasiri.
Co-founder and CMO of Trax Center
Before founding the smart vehicle tracking app Trax Center, Hendy Wijaya had worked in the automotive industry for five years, from distributing spare parts to managing repair shops and car rentals. Based on his work experience in the industry, Hendy felt that the vehicle tracking systems that were available in the Indonesian market were inferior. He saw an opportunity to develop a better vehicle tracking solution and created Trax Center. The smart vehicle tracking system was jointly developed with two friends, a software developer Hadi Darmanto and a consumer behavior analyst Ganjar Setyanegara.
Before founding the smart vehicle tracking app Trax Center, Hendy Wijaya had worked in the automotive industry for five years, from distributing spare parts to managing repair shops and car rentals. Based on his work experience in the industry, Hendy felt that the vehicle tracking systems that were available in the Indonesian market were inferior. He saw an opportunity to develop a better vehicle tracking solution and created Trax Center. The smart vehicle tracking system was jointly developed with two friends, a software developer Hadi Darmanto and a consumer behavior analyst Ganjar Setyanegara.
Co-founder and CEO of Cakap by Squline
Tomy Yunus is co-founder and CEO of Cakap (formerly known as Squline). He graduated from Universitas Bina Nusantara with a bachelor's in Computer Engineering in 2009, after which he pursued further education in China, graduating with a master's in Chinese Economy from Renmin University. While attending Chinese lessons at the Beijing Language and Culture Center, Tomy met future Squline co-founder Yohan Limerta. After working for two years in China, including a short stint as project lead at Pactera, Tomy returned to Indonesia in 2013 to establish Squline, an online language learning platform.
Tomy Yunus is co-founder and CEO of Cakap (formerly known as Squline). He graduated from Universitas Bina Nusantara with a bachelor's in Computer Engineering in 2009, after which he pursued further education in China, graduating with a master's in Chinese Economy from Renmin University. While attending Chinese lessons at the Beijing Language and Culture Center, Tomy met future Squline co-founder Yohan Limerta. After working for two years in China, including a short stint as project lead at Pactera, Tomy returned to Indonesia in 2013 to establish Squline, an online language learning platform.
Myanmar’s first circular economy waste management and recycling marketplace is banking on blockchain and analytics to become a key player in Southeast Asia.
Myanmar’s first circular economy waste management and recycling marketplace is banking on blockchain and analytics to become a key player in Southeast Asia.
Tenaya Capital was originally founded in 1995 as Lehman Brothers Venture Partners. In 2009, following Lehman's bankruptcy, Tenaya was spun off into an independent company, with HarbourVest Partners acquired their existing investments. Since then, Tenaya has invested in some major tech companies, including event ticketing company Eventbrite, early fashion e-commerce firm Zappos, and Uber competitor Lyft. They have so far made two investments into Indonesian companies: agritech e-commerce platform TaniHub, and “Uber-for-logistics” company Kargo Technologies. Tenaya typically invests in Series B and Series C rounds, although they have gone into Series A and later rounds as well.
Tenaya Capital was originally founded in 1995 as Lehman Brothers Venture Partners. In 2009, following Lehman's bankruptcy, Tenaya was spun off into an independent company, with HarbourVest Partners acquired their existing investments. Since then, Tenaya has invested in some major tech companies, including event ticketing company Eventbrite, early fashion e-commerce firm Zappos, and Uber competitor Lyft. They have so far made two investments into Indonesian companies: agritech e-commerce platform TaniHub, and “Uber-for-logistics” company Kargo Technologies. Tenaya typically invests in Series B and Series C rounds, although they have gone into Series A and later rounds as well.
Organic waste-management circular tech producing raw bioplastic for versatile processing uses via its automated waste-processing hardware with garbage-eating cultivated bacteria.
Organic waste-management circular tech producing raw bioplastic for versatile processing uses via its automated waste-processing hardware with garbage-eating cultivated bacteria.
CEO and co-founder of agroSingularity
In 2019, Juanfra Abad Navarro became the CEO and co-founder of agroSingularity, a Murcia-based startup producing natural powder ingredients from wasted agricultural by-products.The graphic and product designer has led multiple international innovation projects at the Catholic University of Murcia and at the European Business Factory. He also co-founded and headed Innovarligero for over nine years, facilitating innovative agile processes for agrifood SMEs. Navarro was selected as one of 10 brilliant Murcian entrepreneurs to join the executive training programs of the Advanced Leadership Foundation (ALF). Through AFL, he had the opportunity to meet former US President Barack Obama during the Summit of Technological Innovation and Circular Economy held in Madrid in 2018.
In 2019, Juanfra Abad Navarro became the CEO and co-founder of agroSingularity, a Murcia-based startup producing natural powder ingredients from wasted agricultural by-products.The graphic and product designer has led multiple international innovation projects at the Catholic University of Murcia and at the European Business Factory. He also co-founded and headed Innovarligero for over nine years, facilitating innovative agile processes for agrifood SMEs. Navarro was selected as one of 10 brilliant Murcian entrepreneurs to join the executive training programs of the Advanced Leadership Foundation (ALF). Through AFL, he had the opportunity to meet former US President Barack Obama during the Summit of Technological Innovation and Circular Economy held in Madrid in 2018.
Co-CEO and co-founder of Elio
Waldo Hartanto graduated with a BSc in Accounting and Finance in 2012 at Boston College, Wallace E Carroll Graduate School of Management. After graduation, he worked as an equity research analyst at Mandiri Sekuritas for seven months and later joined Rothschild's global financial advisory team in Jakarta.In January 2014, he moved to Singapore to work for one year at Heritas Capital Management as healthcare investment analyst. In 2015, he became the managing director of Wahyu Abadi, an Indonesian business process outsourcing company. His younger brother Walton is also at Wahyu based in Jakarta. In April 2018, both brothers co-founded Elio to focus online healthcare for men.
Waldo Hartanto graduated with a BSc in Accounting and Finance in 2012 at Boston College, Wallace E Carroll Graduate School of Management. After graduation, he worked as an equity research analyst at Mandiri Sekuritas for seven months and later joined Rothschild's global financial advisory team in Jakarta.In January 2014, he moved to Singapore to work for one year at Heritas Capital Management as healthcare investment analyst. In 2015, he became the managing director of Wahyu Abadi, an Indonesian business process outsourcing company. His younger brother Walton is also at Wahyu based in Jakarta. In April 2018, both brothers co-founded Elio to focus online healthcare for men.
Co-founder, CTO of VEnvirotech
Patricia Aymà Maldonado is the Spanish CTO and co-founder of 100% biodegradable plastic tech VEnvirotech, where she has worked since 2017. Before this, she had completed a year’s stint working in circular-economy R&D projects at LEILAT Technological Center and in 2016 she completed her master’s research at the University of Barcelona. This was in the field of environmental biotechnology, namely polyhydroxyalkanoates (PHA). Aymà has considerable training in biotechnology with a master’s in environmental engineering in 2016 from the University of Barcelona and a first degree in the subject from the Autonomous University of Barcelona. In 2017, she also gained entry to the youth entrepreneurship acceleration program Yuzz Santander, a Santander Bank initiative.
Patricia Aymà Maldonado is the Spanish CTO and co-founder of 100% biodegradable plastic tech VEnvirotech, where she has worked since 2017. Before this, she had completed a year’s stint working in circular-economy R&D projects at LEILAT Technological Center and in 2016 she completed her master’s research at the University of Barcelona. This was in the field of environmental biotechnology, namely polyhydroxyalkanoates (PHA). Aymà has considerable training in biotechnology with a master’s in environmental engineering in 2016 from the University of Barcelona and a first degree in the subject from the Autonomous University of Barcelona. In 2017, she also gained entry to the youth entrepreneurship acceleration program Yuzz Santander, a Santander Bank initiative.
London-based Sustainability Ventures is one of the UK’s leading early-stage investors in Cleantech. It comprises a group of successful entrepreneurs with a track record in building and investing in high-growth start-ups. It has created Europe’s largest ecosystem for cleantech and sustainability startups, as a business founder and investor, provider of accelerator and support services and provider of shared workspaces. Active since 2011, Sustainability Ventures has raised £250m in total equity funds to date. Its focus is on agritech and food, building technology, circular economy, future energy and mobility. It has established 10 companies, invested in 30 and supported the development of over 250 more enterprises as of 2021 and aims to develop 1,000 sustainable startups by 2025.
London-based Sustainability Ventures is one of the UK’s leading early-stage investors in Cleantech. It comprises a group of successful entrepreneurs with a track record in building and investing in high-growth start-ups. It has created Europe’s largest ecosystem for cleantech and sustainability startups, as a business founder and investor, provider of accelerator and support services and provider of shared workspaces. Active since 2011, Sustainability Ventures has raised £250m in total equity funds to date. Its focus is on agritech and food, building technology, circular economy, future energy and mobility. It has established 10 companies, invested in 30 and supported the development of over 250 more enterprises as of 2021 and aims to develop 1,000 sustainable startups by 2025.
Co-founder and CTO of Feedloop
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
Founder and CEO of Plato
Irma Surya is a lawyer and the founder of Plato, a portal for startups and SMEs to access affordable basic corporate legal services. After earning her bachelor’s in Law from Universitas Katolik Atma Jaya, Indonesia, she worked at Ali Budiarjo, Nugroho, Reksodiputro, an Indonesian legal firm from 2011 to 2013. She has been in practice since 2007 and has also worked with international clients. Besides her duties as Plato’s CEO, she continues to work as a freelance lawyer, specializing in startup and fintech companies.
Irma Surya is a lawyer and the founder of Plato, a portal for startups and SMEs to access affordable basic corporate legal services. After earning her bachelor’s in Law from Universitas Katolik Atma Jaya, Indonesia, she worked at Ali Budiarjo, Nugroho, Reksodiputro, an Indonesian legal firm from 2011 to 2013. She has been in practice since 2007 and has also worked with international clients. Besides her duties as Plato’s CEO, she continues to work as a freelance lawyer, specializing in startup and fintech companies.
Fidelity China Special Situations PLC
Founded in 2010, Fidelity China Special Situations PLC (FCSS) is managed by Dale Nicholls who has worked at Fidelity International since 1996. Listed on the FTSE 250 Index, FCSS is said to be the UK’s largest China-focused investment trust with access to Fidelity's investment research resources and investment licenses in China.Focusing on companies that are most likely to benefit from China’s growth and changing economy, FCSS has invested in over 100 businesses in the country. Besides technology, it is also seeking opportunities in the consumer space and healthcare.
Founded in 2010, Fidelity China Special Situations PLC (FCSS) is managed by Dale Nicholls who has worked at Fidelity International since 1996. Listed on the FTSE 250 Index, FCSS is said to be the UK’s largest China-focused investment trust with access to Fidelity's investment research resources and investment licenses in China.Focusing on companies that are most likely to benefit from China’s growth and changing economy, FCSS has invested in over 100 businesses in the country. Besides technology, it is also seeking opportunities in the consumer space and healthcare.
The edtech startup formerly named Squiline hopes greater fluency in English can boost Indonesia's creative and tourism sectors
Indonesia launches national pitch competition HighPitch 2020 to re-energize its startup ecosystem
With 43 VC investors so far joining as judges and mentors, HighPitch 2020 aims to reconnect investors with young startups across the country amid Covid-19
What Indonesia’s election could mean for startups and investors
Industry players voice their hopes, concerns and expectations as the April presidential election nears
Indonesian startup Traval goes virtual to stay afloat during pandemic
The startup is also trying to set itself apart from mainstream tourism with tours like Zero Waste Journey where travelers do not bring plastic items and even plant trees
HighPitch 2020: Waste management play Octopus, digital concierge service Izy win Makassar battle
Both startups have scored strong traction despite the weight of Covid-19; they are also expanding and keen to explore new opportunities
Beyond billion dollar investment rounds, Indonesia and Singapore are working together to harness the potential of their startup ecosystems
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
HighPitch 2020: Goers wins Indonesia's national startup competition
Event ticketing startup Goers gains new revenue streams with pivot to helping leisure spots go online; hotel SaaS Izy and on-demand medical testing service CekLab also in top three
Gojek CEO resigns to join Indonesia's new cabinet; named education minister
Nadiem Makarim was confirmed as Indonesia's education and culture minister and will become "a passive shareholder" in Gojek
HighPitch 2020: In conversation with top winners and UMG Idealab head Kiwi Aliwarga
Goers, Izy and CekLab demonstrated quick thinking when adapting their businesses to the pandemic, a capability they will need to stay competitive post-Covid
Node: Fighting deforestation with fashionable footwear from agricultural waste
Using patented technology developed with Indonesia’s Ministry of Agriculture, Node turns farm waste and plant materials into biodegradable vegan footwear and shoe components to help fight deforestation.
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
HighPitch 2020: Yogyakarta chapter won by on-demand lab testing and solar cell startups
Judges lauded the variety of ideas, but said startups could improve their presentations and clearly state the problems they are solving
HighPitch: E-grocery marketplace Pasar20 and healthcare edtech Appskep top the Medan chapter
Representing Sumatra’s startup ecosystem in the national finals later in November, Pasar20 and Appskep have ambitious expansion plans in store
HighPitch 2020: Event ticketing and legal tech startups come up tops in Jakarta chapter
VC judges favored Goers’s strong pivot amid Covid and HAKITA’s outstanding pitch
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