New retail

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Established in 2000 and led by Chauncey Shey (Xue Cunhe), the SoftBank-backed VC/PE firm manages over US$2 billion, focusing on companies in the TMT, cleantech, healthcare, consumer/retail and advanced manufacturing sectors. Notable investments include Alibaba, Focus Media Holding, Wanguo Data, Shenwu Group, GDS, PPLive and Yooli.

Formation Group aims to create a bridge between Silicon Valley and Asian technology companies. It currently has three offices, in the US, South Korea and Singapore. So far it only has six known portfolio companies, including ride-hailing firm Gojek, grocery shopping company Honestbee, and retail experience technology firm Memebox.

China’s first single platform via SaaS to streamline commercial real estate asset management workflow, track rents, analyze performance – automating up to 70% of tasks.

Aiming to be Southeast Asia's answer to Salesforce, Advotics offers retailers sales automation and digital solutions including QR tracking and authentication of products.

A CEO with a technical background, Daniel Witono is an ex-Microsoft software engineer with more than five years of experience in the development field.A computer engineering graduate from the University of New South Wales in Australia, Daniel founded the Jurnal startup with Anthony Kosasih, a friend also from the University of New South Wales.

Samos Investments is a private equity investor that works with venture funds and other investors based in Europe and USA. It focuses on European startups that have high growth potential. Its portfolio includes companies in fintech, energy, natural resources, e-commerce, retail and digital media.

RiverHill Fund is a VC fund launched by one of Alibaba's founders Simon Xie (Xie Shihuang) in Hangzhou in 2014. With Alibaba as its biggest limited partner, RiverHill primarily invests in angel/seed and Series A funding rounds in sectors like AI, big data, O2O retail, entertainment and online education. 

A Blogger for SMEs, Jumpseller provides flexible, budget- and user-friendly tools for anyone wanting to create an online store. With multiple language support, payment methods.

Pawoon enables SMEs to automate POS and business transactions to create a real-time data kitchen through its cloud-based mobile technology.

This startup helps customers skip long checkout lines at brick-and-mortar stores by letting them scan and pay for products with their smart devices. 

With over 1,000 retail partners, Laku6 offers quality pre-owned smartphones, trade-in and credit facilities to help consumers to upgrade quickly to newer models.

Serial entrepreneur Vita Subiyakti graduated in Information Technology from Universitas Pembangunan Nasional Veteran Yogyakarta in Indonesia. She joined Ditto Anindita’s software engineering firm PT RuangKerja in 2005 and continues to work there as marketing director. Vita later became a co-founder and public relations guru for Botika.She is also currently involved in other businesses including Kontraksi Nyaman, a mobile app that delivers Gentle Birth hypnobirthing programs. She is also a managing partner at Six Senses Restaurant and building design and developer Zona Bisnis Indonesia.  She also works to promote hardware products for Best Retail Supply firm.

Germán León is an experienced UX/UI innovator and investor who is the Chief Experience Officer (CXO) and co-founder of Gestoos, a gesture recognition startup. Before establishing Gestoos, León was the European director of Oblong Industries, the firm that developed the technology used in the Steven Spielberg movie Minority Report. León had also co-founded Imersivo, the first customer recognition company that connects online shoppers to physical retail stores.

With significant work experience in the FMCG industry, Nie believes there is huge potential in combining offline retail with internet technologies. In 2013, he came up with an idea to design a smart shopping trolley for supermarkets but was unable to attract investors. Later, Nie formed a team to develop a grocery delivery app, which, due to few orders and high costs, failed in 2015. During this period, he helped Beijing Hualian Group, one of China's largest operators of supermarkets and department stores, draw up its O2O business strategy. In 2016, Nie founded Mars Rabbit.

After completing a Computer Engineering degree at the University of Washington in 2005, Hendi Chandi worked as a senior software engineer at Amazon from 2006 to 2010. He returned to Indonesia and founded online groceries vendor Greenie in 2011 that operated for only one year. Hendi later completed a two-year master's in Law at the University of Indonesia.In 2014, he co-founded SaaS telecom Kokatto with co-founder Boris Sanjaya. They also started another company PT Advotics Teknologi Global in 2016 to help retail companies digitize their supply chains.

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