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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.
Facebook is a social networking platform founded by Mark Zuckerberg and partners in 2004. It is listed on the NASDAQ exchange under ticker code FB. Throughout its development it has acquired various complementary social media and networking services, such as Instagram and WhatsApp.As an investor, Facebook has invested in a wide range of companies. It invested in and later acquired virtual reality headset developers Oculus, and also invested in e-commerce enabler Meesho. In 2020, it joined Google, Tencent and other major tech investors as an investor in Gojek.
Facebook is a social networking platform founded by Mark Zuckerberg and partners in 2004. It is listed on the NASDAQ exchange under ticker code FB. Throughout its development it has acquired various complementary social media and networking services, such as Instagram and WhatsApp.As an investor, Facebook has invested in a wide range of companies. It invested in and later acquired virtual reality headset developers Oculus, and also invested in e-commerce enabler Meesho. In 2020, it joined Google, Tencent and other major tech investors as an investor in Gojek.
Co-founder and Joint CEO of Otten Coffee, Founder and CEO of Fore Coffee
A coffee geek, Robin Boe is a collector of coffee-machines and equipment. Robin also exports coffee beans from his hometown Medan to other parts of Indonesia. Being a son of an entrepreneur, entrepreneurship is part of Robin’s DNA. He has a bachelor’s in Commerce from the Sekolah Tinggi Ilmu Ekonomi STMIK Mikroskil in Medan.Robin co-founded the speciality coffee shop Otten Coffee in October 2012 and expanded it into an online e-commerce platform for coffee lovers in April 2014. He is also the CEO of PT Agrinusa Mitra Kopindo where he has been working since May 2009.
A coffee geek, Robin Boe is a collector of coffee-machines and equipment. Robin also exports coffee beans from his hometown Medan to other parts of Indonesia. Being a son of an entrepreneur, entrepreneurship is part of Robin’s DNA. He has a bachelor’s in Commerce from the Sekolah Tinggi Ilmu Ekonomi STMIK Mikroskil in Medan.Robin co-founded the speciality coffee shop Otten Coffee in October 2012 and expanded it into an online e-commerce platform for coffee lovers in April 2014. He is also the CEO of PT Agrinusa Mitra Kopindo where he has been working since May 2009.
Co-founder and CEO of Berrybenka
Serial entrepreneur Jason Lamuda has a bachelor’s in Chemical Engineering from Purdue University, USA. He obtained a master’s in 2008 in Financial Engineering from Columbia University. Married to another Berrybenka co-founder, Jason is currently the CEO and driving force of Berrybenka.Jason worked at McKinsey in Jakarta for two years before quitting to pursue his dream of becoming an entrepreneur in 2010. Jason and a university friend Ferry Tenka co-founded Disdus, which later became known as Groupon Indonesia. Both of them also co-founded Bilna which was merged with another e-commerce company to become Orami that also caters to women.
Serial entrepreneur Jason Lamuda has a bachelor’s in Chemical Engineering from Purdue University, USA. He obtained a master’s in 2008 in Financial Engineering from Columbia University. Married to another Berrybenka co-founder, Jason is currently the CEO and driving force of Berrybenka.Jason worked at McKinsey in Jakarta for two years before quitting to pursue his dream of becoming an entrepreneur in 2010. Jason and a university friend Ferry Tenka co-founded Disdus, which later became known as Groupon Indonesia. Both of them also co-founded Bilna which was merged with another e-commerce company to become Orami that also caters to women.
Co-founder and Group CMO of Orami
Shannon Kalayanamitr is an entrepreneur with 17 years of international business experience. In 2012, she founded a women’s e-commerce site Moxy. When Moxy was acquired by WhatsNew Group in 2014, she became the group’s CMO. She remained as CMO after Moxy merged with Bilna to form Orami in 2016.The graduate in Business Administration, from Thammasat University in Thailand, was featured in the 2016 Campaign Asia’s 40 Under 40 list of high achieving individuals in the marketing industry. She has also worked at PwC, Lehman Brothers and Boonrawd Trading International, the global distributor of Singha Beer.
Shannon Kalayanamitr is an entrepreneur with 17 years of international business experience. In 2012, she founded a women’s e-commerce site Moxy. When Moxy was acquired by WhatsNew Group in 2014, she became the group’s CMO. She remained as CMO after Moxy merged with Bilna to form Orami in 2016.The graduate in Business Administration, from Thammasat University in Thailand, was featured in the 2016 Campaign Asia’s 40 Under 40 list of high achieving individuals in the marketing industry. She has also worked at PwC, Lehman Brothers and Boonrawd Trading International, the global distributor of Singha Beer.
Co-founder and Group Executive Chairman of Orami
Ferry Tenka was the brains behind Indonesian online childcare products marketplace Bilna that later merged with Thai e-commerce giant Moxy to form Orami. He is currently Orami’s executive chairman and also heads its Indonesian operations as CEO of Bilna Indonesia.He briefly worked at SanDisk as a systems design engineer before setting up daily deals website Disdus.com that later became Groupon Indonesia. He was Groupon Indonesia’s CEO before he left in 2012 to start Bilna. Ferry read a degree in Electrical Engineering at Purdue University, USA, where he met up with Jason Lamuda, a co-founder of Disdus.com, Bilna and Berrybenka.
Ferry Tenka was the brains behind Indonesian online childcare products marketplace Bilna that later merged with Thai e-commerce giant Moxy to form Orami. He is currently Orami’s executive chairman and also heads its Indonesian operations as CEO of Bilna Indonesia.He briefly worked at SanDisk as a systems design engineer before setting up daily deals website Disdus.com that later became Groupon Indonesia. He was Groupon Indonesia’s CEO before he left in 2012 to start Bilna. Ferry read a degree in Electrical Engineering at Purdue University, USA, where he met up with Jason Lamuda, a co-founder of Disdus.com, Bilna and Berrybenka.
CEO of NutraSign
The co-founder and CEO of NutraSign Abraham Gómez Toro is passionate about creating apps for good causes. His road safety app "Watch Out" won him a scholarship at an international design competition "Creative Diary 2013" run by the Institute of European Design (IED).Originally from Venezuela, he studied graphic design at IED Madrid in 2014 and completed a master’s course at the Animum Creativity Advanced School in Malaga in 2018. Based in Madrid, he also works as a creative director at nutri-holistic products company Biomol Care SL and as a visual designer for e-learning site Banana Exams.
The co-founder and CEO of NutraSign Abraham Gómez Toro is passionate about creating apps for good causes. His road safety app "Watch Out" won him a scholarship at an international design competition "Creative Diary 2013" run by the Institute of European Design (IED).Originally from Venezuela, he studied graphic design at IED Madrid in 2014 and completed a master’s course at the Animum Creativity Advanced School in Malaga in 2018. Based in Madrid, he also works as a creative director at nutri-holistic products company Biomol Care SL and as a visual designer for e-learning site Banana Exams.
Founder and CEO of DuduBus
Liu Yixun graduated from the School of Science and Technology of Guangdong University of Foreign Studies in 2012 with a bachelor's degree in Computer Science. While studying in the university, he interned at Alibaba for about a year around 2011 and started a company to create software for lighting manufacturers in Zhongshan, a city famous for lamp production. After graduation, he worked at Tencent's e-commerce and Tenpay department as a product manager. He resigned from Tencent in 2014 and found DuduBus in 2015, serving as CEO since then.
Liu Yixun graduated from the School of Science and Technology of Guangdong University of Foreign Studies in 2012 with a bachelor's degree in Computer Science. While studying in the university, he interned at Alibaba for about a year around 2011 and started a company to create software for lighting manufacturers in Zhongshan, a city famous for lamp production. After graduation, he worked at Tencent's e-commerce and Tenpay department as a product manager. He resigned from Tencent in 2014 and found DuduBus in 2015, serving as CEO since then.
Co-founder, Head of Sales and Finance of Doinn
Polish-born Weronika de Castro Figueiredo became co-founder at Doinn in March 2016. She was the co-managing partner and founder of e-commerce company WJ Figueiredo in Portugal for over two years until 2016. After graduating with a master's in Law and International Relations at Warsaw University in 2005, she completed an MBA at the Portuguese Catholic University in 2007. The multi-linguist had also worked for almost seven years as a freelance journalist for Grupa ZPR Media until 2004. She went on to become a marketing specialist at Portuguese supermarket chain Pingo Doce for over five years until 2011.
Polish-born Weronika de Castro Figueiredo became co-founder at Doinn in March 2016. She was the co-managing partner and founder of e-commerce company WJ Figueiredo in Portugal for over two years until 2016. After graduating with a master's in Law and International Relations at Warsaw University in 2005, she completed an MBA at the Portuguese Catholic University in 2007. The multi-linguist had also worked for almost seven years as a freelance journalist for Grupa ZPR Media until 2004. She went on to become a marketing specialist at Portuguese supermarket chain Pingo Doce for over five years until 2011.
Co-founder, COO of SingularCover
Hoffman is the COO and co-founder of Spanish AI-enhanced insurtech SingularCover, where he has worked since 2018. He previously worked as COO for Spain-based gaming startup Playtomic and in Indonesia as the CEO and founder of e-commerce startup eTailwind, a partner of Lazada Group. Previously, he worked in Indonesia as the Vice-President of Strategy at Alibaba Group and in management positions covering southern Europe for Berlin-based Zalando, Europe’s leading online fashion platform.Hoffman holds a master’s degree from Madrid’s Carlos III University in International Business Management, with exchange program participation in Switzerland and Brazil.
Hoffman is the COO and co-founder of Spanish AI-enhanced insurtech SingularCover, where he has worked since 2018. He previously worked as COO for Spain-based gaming startup Playtomic and in Indonesia as the CEO and founder of e-commerce startup eTailwind, a partner of Lazada Group. Previously, he worked in Indonesia as the Vice-President of Strategy at Alibaba Group and in management positions covering southern Europe for Berlin-based Zalando, Europe’s leading online fashion platform.Hoffman holds a master’s degree from Madrid’s Carlos III University in International Business Management, with exchange program participation in Switzerland and Brazil.
Pedro Trinité is the co-founder of ZUVINOVA, a B2B company that owns and operates Transactional Track Record (TTR). The premium online service provides transactional and financial information on Latin American and Iberian markets (M&A, Capital Markets, Project Finance and Acquisition Finance). Before ZUVINOVA, he was a director at Iberpartners and a business consultant for Accenture UK. Trinité received his International MBA degree from IE Business School and his master’s degree in Computer Engineering from Instituto Superior de Informática e Gestão (ISIG). He also attended the Wharton Global Consulting Practicum at the University of Pennsylvania.
Pedro Trinité is the co-founder of ZUVINOVA, a B2B company that owns and operates Transactional Track Record (TTR). The premium online service provides transactional and financial information on Latin American and Iberian markets (M&A, Capital Markets, Project Finance and Acquisition Finance). Before ZUVINOVA, he was a director at Iberpartners and a business consultant for Accenture UK. Trinité received his International MBA degree from IE Business School and his master’s degree in Computer Engineering from Instituto Superior de Informática e Gestão (ISIG). He also attended the Wharton Global Consulting Practicum at the University of Pennsylvania.
Caffeinated Capital is a San Francisco-based venture capital firm founded by Raymond Tonsing, founded in 2009. Since 2016, it has launched three funds, investing a total US$242 million in 60 companies, including five as the lead investor. It has seen a number of prominent exits including Parse, WePay and Appurify and was the lead investor in Series B rounds for Sapho and Airtable, besides MemSQL's Series C funding. Its recent investments include in Opendoor's Series E round and in Triplebyte's Series B and SentiLink's Series A rounds. Healthcare, fintech and cryptosecurity are key investment areas.
Caffeinated Capital is a San Francisco-based venture capital firm founded by Raymond Tonsing, founded in 2009. Since 2016, it has launched three funds, investing a total US$242 million in 60 companies, including five as the lead investor. It has seen a number of prominent exits including Parse, WePay and Appurify and was the lead investor in Series B rounds for Sapho and Airtable, besides MemSQL's Series C funding. Its recent investments include in Opendoor's Series E round and in Triplebyte's Series B and SentiLink's Series A rounds. Healthcare, fintech and cryptosecurity are key investment areas.
UK-based venture capital firm Notion Capital was established in 2009 by SaaS firm MessageLabs founders Stephen Chandler and Jos White. MessageLabs was sold to Symantec for US$700 million the year before. Notion focuses on European enterprise software startups and has about US$350 million under management. The company has invested in 50 startups with a special emphasis on SaaS and Cloud-based applications. It has managed 10 exits to date including Adbrain and NewVoiceMedia. Its recent investments include GoCardless' Series E round, debt financing for DueDil and in Vortexa's Series A round.
UK-based venture capital firm Notion Capital was established in 2009 by SaaS firm MessageLabs founders Stephen Chandler and Jos White. MessageLabs was sold to Symantec for US$700 million the year before. Notion focuses on European enterprise software startups and has about US$350 million under management. The company has invested in 50 startups with a special emphasis on SaaS and Cloud-based applications. It has managed 10 exits to date including Adbrain and NewVoiceMedia. Its recent investments include GoCardless' Series E round, debt financing for DueDil and in Vortexa's Series A round.
Sandeep Tandon is a serial entrepreneur and investor, with a bachelor’s and a master’s in Electrical Engineering from the University of Southern California, USA. He is currently the managing director of Tandon Technology Ventures, part of Sandeep’s Tandon Group that is based in San Jose in California. He also co-founded Freecharge that was recently sold to Paytm, an e-commerce brand owned by India’s mobile internet company One97 Communications. Sandeep is an active angel investor and mentor, with personal investments in 15 startups including a first Series A funding of US$ 4.5 million in Unacademy in January 2017.
Sandeep Tandon is a serial entrepreneur and investor, with a bachelor’s and a master’s in Electrical Engineering from the University of Southern California, USA. He is currently the managing director of Tandon Technology Ventures, part of Sandeep’s Tandon Group that is based in San Jose in California. He also co-founded Freecharge that was recently sold to Paytm, an e-commerce brand owned by India’s mobile internet company One97 Communications. Sandeep is an active angel investor and mentor, with personal investments in 15 startups including a first Series A funding of US$ 4.5 million in Unacademy in January 2017.
Hadi Wenas joined the Lippo Group in 2015 as the current CEO of Lippo’s e-commerce site MatahariMall. A graduate in Mechanical Engineering and Computer Science, Hadi was able to work as an applications engineer at Oracle while reading a master’s degree in Computer Science at Stanford University in the US. He returned to Indonesia and worked at McKinsey in Jakarta for six years before jumping into the tech scene as a co-founder and managing director of Zalora Indonesia. After exiting Zalora in 2013, he became the CEO of tech firm aCommerce until June 2015.
Hadi Wenas joined the Lippo Group in 2015 as the current CEO of Lippo’s e-commerce site MatahariMall. A graduate in Mechanical Engineering and Computer Science, Hadi was able to work as an applications engineer at Oracle while reading a master’s degree in Computer Science at Stanford University in the US. He returned to Indonesia and worked at McKinsey in Jakarta for six years before jumping into the tech scene as a co-founder and managing director of Zalora Indonesia. After exiting Zalora in 2013, he became the CEO of tech firm aCommerce until June 2015.
Indonesian B2B e-procurement platforms: Disrupting long-standing practices
Indonesia’s B2B e-commerce players are winning over corporate clients with education and government support, growing a market forecast to be worth $13.4bn by 2023
MBiz: Working toward the "tipping point" of e-procurement mainstreaming
Trusted by multinationals and conglomerates, Mbiz wants to take e-procurement mainstream by also working with municipal governments
BukaPengadaan: The B2B procurement service from e-commerce giant Bukalapak
Bukalapak’s e-procurement arm taps a growing market while helping vendors get online and access a broader range of clients
GoWithFlow: Scaling ERP platform for sustainable mobility in global transportation markets
Portugal’s CEiiA spin-off leads the way to manage smart transportation systems of cities and corporations to boost fleet performance by reducing CO2 emissions and maintenance costs
Innovate big or go home: logistics unicorn YH Global eyes “Belt and Road” gold
The world’s first logistics firm to become a unicorn at Series A is a model of innovation in China. More overseas growth is next
Indonesia 2021 outlook: VCs "cautiously optimistic" on Southeast Asia's largest country
Investors expect Indonesian startups to regain their growth opportunities when the economy reopens with the Covid-19 vaccine rollout, even as some online living and working habits have stuck
China reverses ban on street vendors to boost economy, sparking new demand for digital solutions
Alibaba, Tencent, Meituan and other tech giants give roadside vendors digital makeover, so they can compete with fast-food chains like McDonald’s, KFC and Pizza Hut
Some Chinese startups spot new market opportunities amid Covid-19 gloom
Crises create opportunities for startups to pivot and innovate, as Covid-19 is showing
China's Yuanfudao now the world's most valuable edtech with $2.2bn new funding
Yuanfudao’s second tranche of its Series G funding follows the $1bn it raised in March, bringing its valuation to $15.5bn
Haoqipei: Connecting China's vast B2B auto parts market
Haoqipei not only connects buyers and sellers with a B2B trading platform, it also uses big data to build trust and relationships in a highly fragmented market
P2P financing platform Investree raises Series C, with $23.5m in first tranche
Indonesia's Investree closes key funding amid Covid-19 crisis; is applying for licenses in Thailand and the Philippines in regional expansion
Rainier: Decade-long dedication to VR research bears fruit in edtech market
Beijing-based Rainier is using VR technology to improve safety in lab experiments at universities and high schools, even primary schools
Rheaply: Pioneering B2B asset reuse through technology
Through its SaaS platform, this Chicago-based startup finds success in the under-served corporate second-hand market, essential to any successful circular economy, recently landing $8m Series A
Yimutian: China agriculture e-commerce's comeback kid
As the world’s most populous country faces potential food supply shortages, Yimutian, China’s No. 1 agro trading marketplace, is seeing more opportunities
Amartha CEO and founder apologizes for Covid-19 letter that mixed government work with his business
Andi Taufan retracted the letter, saying haste to support Covid-19 prevention program led to administrative errors, after public uproar and allegations of conflict of interest
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