The Venture City

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Shinhan is a Korea-based investment bank that provides commercial and consumer banking-related financial and investment services, aiming to help clients achieve their goals by providing financial products and services that meet the latest trends while delivering high returns. It seeks innovative new solutions using a methodology it calls "creative finance," which it believes will attract more clients, in turn increasing Shinhan’s corporate value and leading to a "virtuous cycle of shared prosperity." 

Founded in 2012, BAIC Capital is the investment arm of China's state-owned carmaker, BAIC Group. Headquartered in Beijing, it has branches in six cities across China and has two subsidiaries in Frankfurt and Silicon Valley. It currently manages over 40 funds, worth RMB 30bn. With a focus on connected cars and mobility services, it has invested in more than 100 companies including EV manufacturer BAIC BJEV, battery manufacturer and technology company CATL and ride-hailing giant Didi Chuxing.

The state-backed, Shanghai-based media and entertainment investment group controlled by media mogul Li Ruigang has made its name and fortune in China's most lucrative industries: media & entertainment, Internet & mobile, sport & lifestyle. CMC's portfolio includes Star China, IMAX China, Flagship Entertainment, Oriental DreamWorks, TVB, Whaley Technologies, Imagine Entertainment, Shaw Brothers, Caixin, Gewara, and more. Li, who started out as a lifestyle TV reporter, set up CMC in 2009 with a RMB 2 billion fund.

Founded in 2004 by Liu Qiangdong (Richard Liu) with about 30 staff, JD.com (JD stands for Jingdong) has grown to become Alibaba's biggest rival and is backed by Tencent. Similar to Amazon, the NASDAQ-listed JD.com builds and controls its own distribution/logistics network, giving it an advantage in a country used to poor package delivery services. It is an investor in Indonesian ride-hailing company Gojek, and also operates an Indonesian version of its e-commerce platform, JD.id.

Argentinian native Nicolas Araujo Müller is co-CEO and co-founder at Psquared, Spain’s first flexible workplace management and design company for hybrid workspaces. He has worked there since its foundation in April 2018, originally as part of startup hub CoBuilder, and is now its CFO.  He is also a part-time advisor and investor at startup development agency We Are Grit, since its launch in 2020.Earlier, Araujo was CFO and co-founder at digital talent agency Bandit, for two years, until 2017. Before that, he held the same roles at his previous Barcelona-based startup, Nubelo, another tech recruitment agency for freelancers, between 2012 and 2016, when it was acquired by Freelancer.com.  In 2016, Araujo was a visiting professor at the Autonomous University of Barcelona on digital economy.His first startup was Work At Home in Argentina, where he was a co-founder for two years from 2011–13, for which he won local innovation prizes. Prior to this, Araujo held various management consultancy roles, working in business analysis and research at Ernst & Young, Standard & Poor’s and Accenture, from 2008–2012, and completed a stint at the US embassy in Buenos Aires. He is also a founding member of Argentina’s entrepreneur organization, ASEA, established in 2013. Araujo holds a degree in economics from CEMA University, Buenos Aires and a qualification from Harvard University in negotiation. In 2017 and 2013, Araujo was named in Forbes Argentina’s 30 Promesas list of young entrepreneurs. 

Argentinian native Jorge Araujo Müller is co-founder and investor at Psquared, Spain’s first flexible workplace management and design company, Psquared, for hybrid workspaces, where he has worked since its foundation in April 2019.  Psquared is a spin-off of startup innovation hub CoBuilder, founded one year earlier and which Araujo co-founded.  He has several other roles. Since 2020, he is a co-founder at startup development agency We Are Grit and advisor of a talent agency for Latin Americans in Spain, Base España. He is also an investor and advisor at e-commerce recruitment agency RSV Outsourcing. Araujo also holds part-time educational roles, speaking on innovation at Barcelona’s ESADE institution to MBA students and as a mentor at Mexico’s chapter of the MassChallenge accelerator. Earlier, Araujo worked as a business advisor to the digital agency JustDigital, and was co-founder and sales director at the digital talent agency Bandit, for a year. Before that, from 2012–2016, he was CSO and co-founder of Barcelona-based startup Nubelo – a tech recruitment agency for freelancers – until it was acquired by Freelancer.com.  Prior to this, Araujo worked for two years as a business researcher at JP Morgan Chase and for almost two years at West Side Consultants, both in Argentina. Araujo holds a business administration qualification from CEMA University, Buenos Aires.In 2013, Araujo and his brother were named in Forbes Argentina’s 30 Promesas list of young entrepreneurs. 

The original mastermind of Sale Stock, Ariza Novianti began selling her pre-loved clothing items after giving birth to her first child. She and her husband, current Sale Stock CEO Lingga Madu, initially worked on Sale Stock at their home while retaining their full-time day jobs.

Former CEO of Lintas.me, a social news and curation site, David Wayne Ika holds a Bachelor of Science degree in Marketing and Business Management from Pensacola Christian College. He had worked at the SemutApi Colony group of companies, FJ Benjamin, Lintas.me (previously known as LintasBerita) and Merah Putih Incubator. David founded Kurio in 2013 while serving as CEO of Lintas.me. He left Lintas.me in 2015 to focus on Kurio. David was born in Jakarta in 1981.

INSEAD graduate Edward Widjonarko holds a bachelor’s degree from Bandung Institute of Technology. As an undergraduate, he was on the Dean’s List for six consecutive semesters, and graduated cum laude in 2008 with a GPA of 3.97. Prior to studying for an MBA at INSEAD in Singapore, Edward worked as a consultant at Arghajata Consulting and then as a project manager at boutique corporate advisory firm AJCapital Advisory. At INSEAD, Edward met Cicil co-founder Leslie Lim.

Armed with a master’s from Stanford University in 2012, Edward Harjanto worked briefly as an analyst at Morgan Stanley before joining the Boston Consulting Group (BCG) as a senior associate in March 2013. He left BCG in September 2015 to co-found Arsitag, an Indonesian architect directory startup. He met Arsitag’s two co-founders while studying in California and graduated in 2010 with a bachelor’s degree in Industrial Engineering and Operations Research.

Henry Fausta graduated in 2012, with a bachelor’s degree in Software Engineering from the University of New South Wales in Australia. Prior to becoming a co-founder and COO at Quintal in 2015, he worked in Jakarta as a research and development engineer at Qerja and a solution developer at Intersoft Solutions. He was also a software engineer at Qronospire and at EmpireOne group in Australia. Other IT work experiences include web front-end and application development in Australia.

Krishnan Menon graduated in 2011 with a master’s in Chemistry from the Birla Institute of Technology and Science in India. He obtained a master’s in Management from ESCP Europe in 2012 before working in sales, merchandising and operations at Rocket Internet GmBH, Lazada Southeast Asia, Zalora Singapore and AlphaBeta Labs India. Besides co-founding Fabelio in Indonesia, he has also joined Endeavor, a nonprofit global organization that aims to transform economies through entrepreneurship.

An insider and serial entrepreneur in the Chinese internet industry for more than a decade, Wu Yongjun graduated from Nanjing University, majoring in Computer Science. He founded/co-founded Hotlong Software, Huiyang Games Studio and 51yangzhao (a taxi service app) from 2000 to 2010. Inspired by Chen Yunjun (co-founder and COO of Keyfare), Wu started developing Keyfare in 2013 and launched it in 2015. He is currently CEO of Keyfare.

Nanda Putra had been involved in the agriculture and F&B industries even as a student at Universitas Brawijaya, Indonesia. Between 2009 and 2016, he ran his own arabica coffee plantation, opened two small restaurants and was CMO of a mushroom farm. In 2017, a year after graduating with a degree in Agroecology and Sustainable Agriculture, he started Tanijoy. Originally conceived as an online marketplace for fresh produce, Tanijoy has since pivoted into an agri-investment platform.

Sudarmin Then started his career as a game developer with fellow university alumnus Kris Antoni in 2009. They started to create free-to-play Flash-based games under the banner of Toge Productions, which has now grown into a full-fledged games development and publishing studio. Sudarmin studied games development at Murdoch University, Australia, graduating in 2007. He also enrolled at Indonesia's Bina Nusantara University, graduating in 2008 with a degree in Multimedia Studies.

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