MENA 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.

Veteran banker Adrian Asharyanto Gunadi graduated in Accounting from the University of Indonesia and later obtained an MBA from the Rotterdam School of Management, Eramus University. Adrian started his banking career at Citibank in 1998. He was then based at the Standard Chartered Bank in Dubai, UAE, managing global Islamic finance product structuring for the Middle East and North Africa region (MENA), South Asia and Southeast Asia. He specialized in Islamic banking for over eight years at Permata Bank and Bank Muamalat in Indonesia until 2015, when he left to co-found Investree.

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.

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.

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.

An online community to share information on salaries and workplace reviews of companies in Indonesia and Malaysia helps level the playing field for employees.

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.

This online store lets beauty enthusiasts in Indonesia shop for genuine branded beauty products, without having to worry about counterfeits. Free doorstep delivery included, too.

Krakakoa empowers and supports farmers to become master craftsmen in their trade, creating the exceptional cacao beans that go into our chocolate.

Carrying over 1,000 local and international brands, Berrybenka is a fashion and beauty e-commerce platform for men and women in the low-to-midrange segment.

One of Indonesia's earliest payments apps, Kudo is joining forces with Grab to become the region’s leading provider of online banking and shopping services.

Backed by cash-rich e-commerce giant Blibli, is poised to become a key player in Asia’s tourism and entertainment industry.

Botika creates bespoke AI chatbots that respond in Bahasa Indonesia to help businesses to engage more effectively with local consumers at every transaction level.

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