Jakarta Smart City
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Founded in October 2013, JD Finance was renamed as JD Digits in November 2018. The fintech arm of Chinese e-commerce giant JD.com focuses on applying digital technology, artificial intelligence and IoT in five sectors: finance, smart cities, agriculture, campus development and marketing.The company manages five sub-brands: JD Finance, JD iCity, JD Agriculture, JD Shaodongjia, and JD MO Media. In September 2017, a joint venture was established with Central Group, one of Thailand’s biggest retailers. In December 2017, JD Digits also started operating an AI lab in Silicon Valley.
Founded in October 2013, JD Finance was renamed as JD Digits in November 2018. The fintech arm of Chinese e-commerce giant JD.com focuses on applying digital technology, artificial intelligence and IoT in five sectors: finance, smart cities, agriculture, campus development and marketing.The company manages five sub-brands: JD Finance, JD iCity, JD Agriculture, JD Shaodongjia, and JD MO Media. In September 2017, a joint venture was established with Central Group, one of Thailand’s biggest retailers. In December 2017, JD Digits also started operating an AI lab in Silicon Valley.
Toyota AI Ventures, the venture capital arm of the Toyota Research Institute, is a Silicon Valley-based fund investing globally in startups with cutting-edge solutions in the AI, smart-mobility, autonomy, robotics, data and cloud spaces while leveraging the global expertise and technical resources of the Toyota Group.In 2015 Toyota created the Toyota Research Institute aiming to support the research on next-generation mobility, robotics and new materials. Toyota AI Ventures was founded in 2017 with initial funding of $100m.
Toyota AI Ventures, the venture capital arm of the Toyota Research Institute, is a Silicon Valley-based fund investing globally in startups with cutting-edge solutions in the AI, smart-mobility, autonomy, robotics, data and cloud spaces while leveraging the global expertise and technical resources of the Toyota Group.In 2015 Toyota created the Toyota Research Institute aiming to support the research on next-generation mobility, robotics and new materials. Toyota AI Ventures was founded in 2017 with initial funding of $100m.
Co-founder, Director, and Chief Strategy Officer of Travelio
After gaining work experience at the InterContinental Hotels Group in Singapore, Christina Suriadjaja decided to become a tech entrepreneur by co-founding Travelio, a spin-off from her father’s public-listed SSIA property conglomerate PT Surya Semesta Internusa Tbk.Christina attended the Singapore Sports School and was a member of the national netball team, before returning to Indonesia to study at the Jakarta International School. She worked as an intern at Ernst & Young and AXA, while reading a degree in Business Administration at the University of Southern California, USA.
After gaining work experience at the InterContinental Hotels Group in Singapore, Christina Suriadjaja decided to become a tech entrepreneur by co-founding Travelio, a spin-off from her father’s public-listed SSIA property conglomerate PT Surya Semesta Internusa Tbk.Christina attended the Singapore Sports School and was a member of the national netball team, before returning to Indonesia to study at the Jakarta International School. She worked as an intern at Ernst & Young and AXA, while reading a degree in Business Administration at the University of Southern California, USA.
Co-founder of Narasi TV
Dahlia Citra Buana is a veteran in the journalistic and broadcasting world. After graduating from Universitas Gadjah Mada, Indonesia with a bachelor's degree in Politics, she began her career as a radio host and journalist in 2002, working for KBR68H and Green Radio Jakarta. In 2008 she joined Metro TV, eventually becoming the producer of Mata Najwa, a talk show hosted by well-known anchor Najwa Shihab. Together with Najwa, she established the omni-channel media network Narasi TV in 2017. Dahlia officially left Metro TV in 2018.
Dahlia Citra Buana is a veteran in the journalistic and broadcasting world. After graduating from Universitas Gadjah Mada, Indonesia with a bachelor's degree in Politics, she began her career as a radio host and journalist in 2002, working for KBR68H and Green Radio Jakarta. In 2008 she joined Metro TV, eventually becoming the producer of Mata Najwa, a talk show hosted by well-known anchor Najwa Shihab. Together with Najwa, she established the omni-channel media network Narasi TV in 2017. Dahlia officially left Metro TV in 2018.
CEO and Co-founder of Ximalaya
Serial entrepreneur Yu Jianjun founded three businesses before co-founding his most successful startup Ximalaya, China’s largest online audio sharing and service platform. After graduating with a masters in mechanical engineering from Xi’an Jiaotong University, Yu began his entrepreneurial journey by building virtual city maps using 3D modeling technology. His second business, City Bar, was sold to Baidu.
Serial entrepreneur Yu Jianjun founded three businesses before co-founding his most successful startup Ximalaya, China’s largest online audio sharing and service platform. After graduating with a masters in mechanical engineering from Xi’an Jiaotong University, Yu began his entrepreneurial journey by building virtual city maps using 3D modeling technology. His second business, City Bar, was sold to Baidu.
CTO & Co-founder of Place to Plug
Ruiz was 15 when he founded his first startup, Enfilio, mixing magic and software engineering. Enfilio was sold in 2014 and is now one of the most recognized magic companies globally. He also co-founded Lymbit Technological Company, an IoT company for object tracking and location-based advertising. As a researcher at Rovira i Virgili University, he designed and published technology to protect online votes, and co-designed end-to-end encryption and an access control protocol, Attribute-Based Encryption.Today, he’s the CTO and co-founder of Place to Plug, a smart cities platform that connects electric vehicle (EV) drivers with charging stations of individuals, businesses and public institutions.
Ruiz was 15 when he founded his first startup, Enfilio, mixing magic and software engineering. Enfilio was sold in 2014 and is now one of the most recognized magic companies globally. He also co-founded Lymbit Technological Company, an IoT company for object tracking and location-based advertising. As a researcher at Rovira i Virgili University, he designed and published technology to protect online votes, and co-designed end-to-end encryption and an access control protocol, Attribute-Based Encryption.Today, he’s the CTO and co-founder of Place to Plug, a smart cities platform that connects electric vehicle (EV) drivers with charging stations of individuals, businesses and public institutions.
Founder of Jualo
Dutch tech entrepreneur, with a passion for development work, Chaim Fetter has a long history of entrepreneurship and innovation.Originally from a small town north of Utrecht, Netherlands, Chaim has Indonesian roots that brought him to set up the Peduli Anak Foundation that provides shelter, education and healthcare facilities for underprivileged children. After working for eight years at the East Indonesian non-profit organization, Chaim moved to Jakarta in 2013.Inspired by previous childhood experiences of trading in secondhand clothes and trinkets back home, he decided to create a secondhand goods online store, Jualo in 2014.
Dutch tech entrepreneur, with a passion for development work, Chaim Fetter has a long history of entrepreneurship and innovation.Originally from a small town north of Utrecht, Netherlands, Chaim has Indonesian roots that brought him to set up the Peduli Anak Foundation that provides shelter, education and healthcare facilities for underprivileged children. After working for eight years at the East Indonesian non-profit organization, Chaim moved to Jakarta in 2013.Inspired by previous childhood experiences of trading in secondhand clothes and trinkets back home, he decided to create a secondhand goods online store, Jualo in 2014.
Founder and CEO of Orori
George Sumantri was born into a 60-year old family jewelry business. A graduate from Universitas Tarumanegara in Jakarta, George decided that the jewelry business was in his blood. Armed with a professional accreditation in Diamonds and Colored Stones Grading from the Gemological Institute of America, he finally realized his dream of owning a jewelry business, PT Orori Indonesia, in 2002. He launched Orori’s online store in 2006, the first online jewelry store in Indonesia. Encouraged by the success of the online business, he closed down all of the Orori offline stores in 2012 to become a fully online business.
George Sumantri was born into a 60-year old family jewelry business. A graduate from Universitas Tarumanegara in Jakarta, George decided that the jewelry business was in his blood. Armed with a professional accreditation in Diamonds and Colored Stones Grading from the Gemological Institute of America, he finally realized his dream of owning a jewelry business, PT Orori Indonesia, in 2002. He launched Orori’s online store in 2006, the first online jewelry store in Indonesia. Encouraged by the success of the online business, he closed down all of the Orori offline stores in 2012 to become a fully online business.
Co-founder and CEO of Conclave
Reynaldi Latief, also known as Rendy Latief, has a bachelor’s in Business Management from the Institut Teknologi Bandung (ITB) in Indonesia. After graduating in 2010, he worked as a general manager at PT Fullilaki Danprima, a mining company based in Jakarta. He left in 2013 to co-found Conclave with fellow ITB graduates Marshall Utoyo, Aditya Hadiputra and Akbar Brojosaputro. Since October 2013, he has been the CEO of PT Gudang Kapital Internasional that is linked to the coworking hub Conclave. In August 2015, he also became the CEO of Austral Energy, a subsidiary of logging company PT Austral Byna.
Reynaldi Latief, also known as Rendy Latief, has a bachelor’s in Business Management from the Institut Teknologi Bandung (ITB) in Indonesia. After graduating in 2010, he worked as a general manager at PT Fullilaki Danprima, a mining company based in Jakarta. He left in 2013 to co-found Conclave with fellow ITB graduates Marshall Utoyo, Aditya Hadiputra and Akbar Brojosaputro. Since October 2013, he has been the CEO of PT Gudang Kapital Internasional that is linked to the coworking hub Conclave. In August 2015, he also became the CEO of Austral Energy, a subsidiary of logging company PT Austral Byna.
Co-founder and CEO of Kudo
Albert Lucius has worked in three Fortune 100 companies. After earning a master’s and a bachelor’s in Computer Science in the US, he started working as an analyst at Goldman Sachs from 2008 to 2010.He became a product engineer at Apple Inc for two years, before going home to work for the Boston Consulting Group in Jakarta in 2013. He also acquired two MBAs from the Haas School of Business, UC Berkeley and the London Business School. In 2014, he decided to establish PT Kudo Teknologi Indonesia with fellow UC Berkeley alumnus Agung Nugroho.
Albert Lucius has worked in three Fortune 100 companies. After earning a master’s and a bachelor’s in Computer Science in the US, he started working as an analyst at Goldman Sachs from 2008 to 2010.He became a product engineer at Apple Inc for two years, before going home to work for the Boston Consulting Group in Jakarta in 2013. He also acquired two MBAs from the Haas School of Business, UC Berkeley and the London Business School. In 2014, he decided to establish PT Kudo Teknologi Indonesia with fellow UC Berkeley alumnus Agung Nugroho.
Founder and CEO of Kargo.co.id, Co-founder and CTO of Kargo Technologies
Yodi Aditya is an experienced software developer. In 2008, he became the CTO of PDF sharing platform Doocu in Yogyakarta after graduating in Applied Physics from Universitas Gadjah Mada. However, he left in 2011 to join Flight Focus (now Aerotrack) as a software engineer. After one year, Yodi moved to Singapore to work for online travel and booking companies for almost two years. Yodi then decided to return to Jakarta as CEO of IT consulting company PT Polatic Informatika Indonesia. But in November 2015, he left Polatic to establish Kargo.co.id, an online marketplace for logistics services.
Yodi Aditya is an experienced software developer. In 2008, he became the CTO of PDF sharing platform Doocu in Yogyakarta after graduating in Applied Physics from Universitas Gadjah Mada. However, he left in 2011 to join Flight Focus (now Aerotrack) as a software engineer. After one year, Yodi moved to Singapore to work for online travel and booking companies for almost two years. Yodi then decided to return to Jakarta as CEO of IT consulting company PT Polatic Informatika Indonesia. But in November 2015, he left Polatic to establish Kargo.co.id, an online marketplace for logistics services.
Co-founder and CEO of Infra Digital Nusantara
A graduate from Trinity College Dublin in Ireland, Ian McKenna had worked for Ericsson (Hutchison Australia) and Vodafone before joining the University of Indonesia to learn the local language in 2010. Based in Jakarta, he joined Fusion Payments in 2011 as country manager and also became its VP of Product and Marketing in 2013.Ian had also co-founded online directory BangArif in 2014 and an on-site customer support service named “What the FAQ” in 2017. He exited both ventures and also left Fusion Payments to focus on establishing PT Infra Digital Indonesia.
A graduate from Trinity College Dublin in Ireland, Ian McKenna had worked for Ericsson (Hutchison Australia) and Vodafone before joining the University of Indonesia to learn the local language in 2010. Based in Jakarta, he joined Fusion Payments in 2011 as country manager and also became its VP of Product and Marketing in 2013.Ian had also co-founded online directory BangArif in 2014 and an on-site customer support service named “What the FAQ” in 2017. He exited both ventures and also left Fusion Payments to focus on establishing PT Infra Digital Indonesia.
Founded in Sydney in 2004, Artesian Capital Management (Australia) Pty Ltd is a global alternative investment management firm specialized in public and private debt, venture capital and impact investment strategies. The VC was a spin-off from ANZ Banking Group’s capital markets business, backed by ANZ Private Equity. Artesian’s founding partners Jeremy Colless, Matthew Clunies-Ross and John McCartney bought ANZ’s stake in 2005.Today, Artesian has international offices in New York, London, Singapore, Jakarta and Shanghai. Its China VC Fund was launched in 2017 and the firm also has plans for a Southeast Asia VC Fund. The alternative investment firm currently manages multiple funds including Australian VC Fund 2, High Impact Green Debt Fund, GrainInnovate and Women Economic Empowerment Fund.
Founded in Sydney in 2004, Artesian Capital Management (Australia) Pty Ltd is a global alternative investment management firm specialized in public and private debt, venture capital and impact investment strategies. The VC was a spin-off from ANZ Banking Group’s capital markets business, backed by ANZ Private Equity. Artesian’s founding partners Jeremy Colless, Matthew Clunies-Ross and John McCartney bought ANZ’s stake in 2005.Today, Artesian has international offices in New York, London, Singapore, Jakarta and Shanghai. Its China VC Fund was launched in 2017 and the firm also has plans for a Southeast Asia VC Fund. The alternative investment firm currently manages multiple funds including Australian VC Fund 2, High Impact Green Debt Fund, GrainInnovate and Women Economic Empowerment Fund.
Cane Investments is a private investment firm based in Irvington, New York, that specializes in early-stage investments in the media and communications sectors. It has nine companies in its portfolio. The firm most recently invested in autonomous and connected vehicle communication technology Veniam's US$22m Series B round in 2016. Other portfolio companies include wireless power startup uBeam and HR software company GetHired.com.
Cane Investments is a private investment firm based in Irvington, New York, that specializes in early-stage investments in the media and communications sectors. It has nine companies in its portfolio. The firm most recently invested in autonomous and connected vehicle communication technology Veniam's US$22m Series B round in 2016. Other portfolio companies include wireless power startup uBeam and HR software company GetHired.com.
Everbright New Economy USD Fund
Launched in 2018, Everbright New Economy USD Fund (New Economy Fund) is under the umbrella of China Everbright, a Hong Kong-listed financial conglomerate. The New Economy Fund started from an inaugural fund of US$483m, with US$150m from Bahrain-based asset manager Investcorp. It invests mainly in the e-commerce, smart retail and artificial intelligence sectors. In November 2019, China Everbright and Investcorp announced they will co-manage Investcorp New Economy Fund I and explore the opportunity to establish a successor private equity fund, jointly managed by the two parties, that will target China’s tech sector.
Launched in 2018, Everbright New Economy USD Fund (New Economy Fund) is under the umbrella of China Everbright, a Hong Kong-listed financial conglomerate. The New Economy Fund started from an inaugural fund of US$483m, with US$150m from Bahrain-based asset manager Investcorp. It invests mainly in the e-commerce, smart retail and artificial intelligence sectors. In November 2019, China Everbright and Investcorp announced they will co-manage Investcorp New Economy Fund I and explore the opportunity to establish a successor private equity fund, jointly managed by the two parties, that will target China’s tech sector.
Jakarta Smart City seeks startup solutions for life in post-Covid “new normal”
From collaborative working to cyberbullying, these startups will soon work with Indonesia’s first smart city agency
Interview with Qlue CEO, part II: Smart cities in Indonesia and beyond
Continuing from the first part of an interview, Qlue CEO Rama Raditya discusses trends, achievements and challenges in smart city development
EXCLUSIVE: Qlue raising Series B funding, "confident" of turning profitable in 2020
Qlue is also targeting more enterprise clients as it expands overseas and improved accountability and management practices
Interview with Qlue CEO: "We didn't know what a smart city should look like"
Co-founder and CEO of Qlue, Indonesia's largest "smart city" company, Rama Raditya explains how citizen involvement – not high-tech – is the true innovation of smart cities and the agent for change; plus how his startup has grown from partnering governments to businesses, and more
Nodeflux: Automating computer vision analysis for the smart cities of tomorrow
Indonesia's first facial recognition tech company aims to become a central player in Jakarta's smart city push
Warung Pintar: Creating a little place of happiness with smart kiosks
CEO Agung Bezharie Hadinegoro on how Warung Pintar is tapping IoT and other digital tech to unleash the economic potential of Indonesia's traditional street vendors
Delman helps enterprises wrangle data for machine learning and automation
With fresh $1.6m seed funding and high-profile partners, Delman’s data services are helping Indonesian clients achieve digital transformation
Indonesian smart city tech leader Qlue thrives amid Covid-19 with thermal scanner and B2G refocus
Plans to tilt its client portfolio toward B2B work are delayed as Qlue returns to its B2G roots
Qlue on international expansion, privacy concerns in smart cities
Qlue's CEO Rama Raditya and CCO Maya Arvini on protecting individual privacy when handling citizens' data in smart cities, the lack of clarity in regulation of use of facial recognition technology in Indonesia
In Indonesia, Ramadan goes hi-tech
From consumption to charity, tech startups have come to play a key role in Ramadan traditions in Indonesia
Turning Singapore into an Edible Garden City
Urban agriculture startup Edible Garden City embraces new tech for intensive, space-saving farming while staying true to its community-driven values
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
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
eFishery poised to benefit from Indonesia's growing aquaculture sector
eFishery's IoT automatic feeding system is delivering efficiencies and boosting output for small fish farmers, driving strong growth for the aquaculture startup.
Jakarta Aman uses social networking to improve neighborhood security
Backed by Jakarta's provincial government and MDI Ventures, neighborhood security app Jakarta Aman seeks to reignite the “gotong royong” spirit to keep communities safe
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