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New retail

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Named "European tech success," Odilo's cloud-based virtual libraries and AI-based classrooms for children and employees improve access to education across 65 countries.

Jose Luis Vega de Seoane graduated in 2012 as a software engineer from the Complutense University of Madrid. He has also completed a global management program at IESE Business School.In 2013, he co-founded video games developer Upplication as CEO. The mobile app maker was sold in 2017 to Mobusi, a leading digital marketing company. He left Upplication in 2018 and became a digital strategy advisor at the Spanish Institute for Foreign Trade (ICEX).In 2018, he co-founded Capaball as COO. He is also a mentor at Conector Startup accelerator and a board member of IBECOSOL. In 2020, the serial entrepreneur has founded two new startups: Heris, a platform to cure patients affected by aphasia and a digital marketing agency Trevol.

As more businesses move online and jobs get automated, Capaball lets companies and employees retrain and upskill quickly and effectively, with targeted, personalized e-learning.

Squirrel AI co-founder Jeff Wang Feng started off as an academic trained in the US. He received his PhD in instructional technology from the University of Georgia in 2006. He then conducted postdoctoral research at the University of Pennsylvania from 2006 to 2007 and the University of Virginia from 2007 to 2008.Wang was Director of Distance Education at Mount Saint Mary College in New York state from 2008 to 2011. He was Director of John Jay Online, under the John Jay College of Criminal Justice, part of City University of New York, from 2011 to 2014. In 2015, Wang returned to China and joined Squirrel AI as a co-founder. In 2016, he left Squirrel AI and started his own adaptive learning startup, Learnta Inc, of which he is founder and CEO.

Established in 2002, Hong Kong Stock Exchange-listed NWS Holdings’ main businesses are in infrastructure and service. Its main shareholder is New World Development. Henry Cheng currently serves as chairman and executive director of NWS Holdings. He is the eldest son of Dr Cheng Yu-tung, the founder of New World Development, a Hong Kong-based conglomerate engaged in property development, infrastructure and services. 

Serial entrepreneur Afrig Wasiso is the co-founder of the Inspira Group, a constellation of SMEs that he and his associates established from 2012. Wasiso started his entrepreneurial journey after graduating with an MBA from Osmania University, India. He started with Super Cover, a business that produced protective cover cloth for cars and motorcycles. As the business grew, Wasiso continued to establish other new SMEs in his native Yogyakarta, placing them under the umbrella of Inspira Group. Prior to establishing equity crowdfunding platform Santara, he founded photo printing service ID Photobook and continues to serve as its CEO.

Reza Avesena is an experienced software engineer who took the leap into entrepreneurship when he came to Yogyakarta and joined a photobook printing company. In 2009, after graduating from Universitas Bina Nusantara with a bachelor's in informatics, he started his career as an analyst in Telkomsigma, a subsidiary of state-owned communications firm Telkom. In 2011, he joined Wincor Nixdorf as a software engineer. Between 2013 and 2016, he worked for IBM as an advisory specialist. In 2017, he became the CTO of ID Photobook, a Yogyakarta-based company that provided photo printing services. In 2018, together with ID Photobook founder Afrig Wasiso and entrepreneur Mardigu Wowiek Prasetyo, Avesena established a new business: equity crowdfunding platform Santara and is now its CEO.

Indonesia's first passenger drone manufacturer FROGS will also aim to solve traffic jam issues by offering on-demand flying taxi services.

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.

Cobee automates flexible compensation and benefits management, enabling companies, like Avis,, Glovo and Holaluz, to increase their average employee benefits uptake by fourfold.   

Xiyee Assets was founded in 2016 and headquartered in Beijing. The firm is involved in private equity investment, M&A, restructuring, real estate and disposal of non-performing assets. It mainly invests in sectors such as advanced manufacturing, new energy, environmental protection, medtech and healthcare.

CH Biomedical is trialing world’s smallest “artificial heart” that may one day replace heart transplants, providing lifelong therapy to treat advanced heart failure.

Armed with $3bn Series F funding, Kuaishou will pump RMB 3bn into livestreaming e-commerce and RMB 10bn to build a data center in Inner Mongolia.

Klikdaily provides a digitized FMCG retail network connecting thousands of mom-and-pop stores directly with primaries, cutting out many layers of intermediary control and costs.

James Wiryadi graduated in 2014 from the University of Illinois, Urbana-Champaign. The chemical engineer went on to read a master's in Real Estate at New York University.He gained work experience in finance through internships at OCBC, PwC and other financial advisory firms before returning to Indonesia in 2017. In 2018, he became an analyst at CapitaLand Indonesia, a local branch of the Singapore real estate developer. In June 2019, he left CapitaLand to focus on building the new equity crowdfunding platform CrowdDana.

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