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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.
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.
Armed with total Series C funding of $100m, Tezign is expanding its CMGO middle platform to help more companies manage their creative resources more efficiently.
Armed with total Series C funding of $100m, Tezign is expanding its CMGO middle platform to help more companies manage their creative resources more efficiently.
Carbonstop claims to be China’s first company providing tools to help enterprises make low-carbon choices by analyzing and managing their carbon footprint.
Carbonstop claims to be China’s first company providing tools to help enterprises make low-carbon choices by analyzing and managing their carbon footprint.
Co-founder and former COO of Movvo
Suzy Vasconcelos has a diverse educational background, having majored in Computer Science at the University of Porto, Business Data Networks and Communications at Boston University, E-Commerce at the University of the West of Scotland, and Business Administration and Management at Edinburgh Napier University. Vasconcelos did not stop there, however. After co-founding Movvo, she pursued a specialization in Luxury Brand Management at the London School of Fashion to help the company in those areas of expertise.
Suzy Vasconcelos has a diverse educational background, having majored in Computer Science at the University of Porto, Business Data Networks and Communications at Boston University, E-Commerce at the University of the West of Scotland, and Business Administration and Management at Edinburgh Napier University. Vasconcelos did not stop there, however. After co-founding Movvo, she pursued a specialization in Luxury Brand Management at the London School of Fashion to help the company in those areas of expertise.
Co-founder and CEO of Callista
Shinta Priantika Sari graduated in Dentistry at the University of Indonesia in 2011. She also obtained a master's in Finance from her alma mater in 2013. Shinta was CFO of PT Claban Indonesia for almost two years until July 2015 when she eventually decided to help her parents to expand their skincare clinic Callista. Shinta and her husband Ryan Narendra created the digital shop Callista Online Skincare Expert that became part of the Claban stable of e-commerce ventures.
Shinta Priantika Sari graduated in Dentistry at the University of Indonesia in 2011. She also obtained a master's in Finance from her alma mater in 2013. Shinta was CFO of PT Claban Indonesia for almost two years until July 2015 when she eventually decided to help her parents to expand their skincare clinic Callista. Shinta and her husband Ryan Narendra created the digital shop Callista Online Skincare Expert that became part of the Claban stable of e-commerce ventures.
Co-Founder, Chairman, CEO and COO of IWAK
Nganjuk native Hestyriani Anisa Widyaningsih (known as Nisa) was one of the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta, where she majored in Japanese Literature. After graduation, Nisa and a UGM friend Rushan, decided to set up IWAK; a crowdfunding platform to kickstart commercial fish farming businesses to help poor families to improve their livelihoods in Rushan’s home village of Kebon Agung in Nganjuk. Nisa also works in public relations for another company, Otoman.
Nganjuk native Hestyriani Anisa Widyaningsih (known as Nisa) was one of the few students from the rural regency to pursue tertiary education at the Gadjah Mada University (UGM) in Yogyakarta, where she majored in Japanese Literature. After graduation, Nisa and a UGM friend Rushan, decided to set up IWAK; a crowdfunding platform to kickstart commercial fish farming businesses to help poor families to improve their livelihoods in Rushan’s home village of Kebon Agung in Nganjuk. Nisa also works in public relations for another company, Otoman.
Co-founder, Director and CTO of Travelio
After graduating in 2008 with a bachelor’s in Computer Science from Purdue University, USA, Hendry Rusli worked for Motorola Solutions as a software engineer for a year before returning to Indonesia to become a software development entrepreneur.In 2014, he started working with a property company PT Surya Semesta Internusa Tbk that was owned by Christina Suriadjaja’s father. Armed with over eight years of programming and software development experience, Hendry was roped in to help build the Travelio platform for the property group.
After graduating in 2008 with a bachelor’s in Computer Science from Purdue University, USA, Hendry Rusli worked for Motorola Solutions as a software engineer for a year before returning to Indonesia to become a software development entrepreneur.In 2014, he started working with a property company PT Surya Semesta Internusa Tbk that was owned by Christina Suriadjaja’s father. Armed with over eight years of programming and software development experience, Hendry was roped in to help build the Travelio platform for the property group.
Co-founder of KODI
Nofriza Nindiyasari is a software engineer with over 15 years of experience in technical roles. She has a bachelor's degree in Information Technology from Universitas Mpu Tantular and a master's in Education from UHAMKA, Indonesia.She has worked for a variety of companies, from minor engineering and tech companies to the state-owned gas fuel manufacturer. She is now a co-founder of KODI, a fintech digital platform to help cooperative businesses to automate and manage their finances more transparently.
Nofriza Nindiyasari is a software engineer with over 15 years of experience in technical roles. She has a bachelor's degree in Information Technology from Universitas Mpu Tantular and a master's in Education from UHAMKA, Indonesia.She has worked for a variety of companies, from minor engineering and tech companies to the state-owned gas fuel manufacturer. She is now a co-founder of KODI, a fintech digital platform to help cooperative businesses to automate and manage their finances more transparently.
Established in 2003, COTEC Portugal is a business association which seeks to advance technological development and innovation cooperation. Its network comprises multinationals and SMEs operating across most sectors whose gross added value represents more than 16% of Portugal's national GDP and 8% of private employment. COTEC Portugal has an Innovative SME Network that seeks to promote public knowledge of its members, attract investment and help them grow internationally. The president of Portugal is the honorary president of COTEC Portugal.
Established in 2003, COTEC Portugal is a business association which seeks to advance technological development and innovation cooperation. Its network comprises multinationals and SMEs operating across most sectors whose gross added value represents more than 16% of Portugal's national GDP and 8% of private employment. COTEC Portugal has an Innovative SME Network that seeks to promote public knowledge of its members, attract investment and help them grow internationally. The president of Portugal is the honorary president of COTEC Portugal.
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."
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."
Co-founder and CFO of Kerjabilitas
Ludmilla Williyanti is a social entrepreneur with extensive experience in finance and management. She worked as a finance and accounting officer at a publishing company InsistPress for seven years before becoming a freelance financial consultant in 2011. In 2014, she helped to establish Saujana, a nonprofit dedicated to solving social and environmental issues. Saujana later developed and launched a dedicated job search platform Kerjabilitas to help disabled people to find suitable jobs in Indonesia. Ludmilla is currently the CFO of Saujana.
Ludmilla Williyanti is a social entrepreneur with extensive experience in finance and management. She worked as a finance and accounting officer at a publishing company InsistPress for seven years before becoming a freelance financial consultant in 2011. In 2014, she helped to establish Saujana, a nonprofit dedicated to solving social and environmental issues. Saujana later developed and launched a dedicated job search platform Kerjabilitas to help disabled people to find suitable jobs in Indonesia. Ludmilla is currently the CFO of Saujana.
Co-founder and CEO of Du'Anyam
Azalea Ayuningtyas has a bachelor’s in Cell and Molecular Biology from the University of Michigan, as well as a master’s in Epidemiology from the Harvard University School of Public Health. She worked for one year as a consultant at Simon-Kucher & Partners in USA before returning to Indonesia to pursue her dream of using her skills to help people. In 2014, she co-founded Du’Anyam together with two high school friends. Azalea is the CEO of the social enterprise that seeks to empower women from Indonesia’s subsistence farming households.
Azalea Ayuningtyas has a bachelor’s in Cell and Molecular Biology from the University of Michigan, as well as a master’s in Epidemiology from the Harvard University School of Public Health. She worked for one year as a consultant at Simon-Kucher & Partners in USA before returning to Indonesia to pursue her dream of using her skills to help people. In 2014, she co-founded Du’Anyam together with two high school friends. Azalea is the CEO of the social enterprise that seeks to empower women from Indonesia’s subsistence farming households.
Co-founder and CEO of Portofolio
Mahar Indra spent more than 10 years as a representative of a brokerage company before setting out to be an entrepreneur. His first venture, launched in 2011, was Sirtanio, which sells locally grown organic rice. He exited the company in 2015 to focus on the derivatives trading academy he established in 2011. In 2018, continuing on his mission to help rookie investors trade safely and avoid scams, he established Portofolio, a platform where aspiring currency traders can learn from experienced traders and even copy their trades.
Mahar Indra spent more than 10 years as a representative of a brokerage company before setting out to be an entrepreneur. His first venture, launched in 2011, was Sirtanio, which sells locally grown organic rice. He exited the company in 2015 to focus on the derivatives trading academy he established in 2011. In 2018, continuing on his mission to help rookie investors trade safely and avoid scams, he established Portofolio, a platform where aspiring currency traders can learn from experienced traders and even copy their trades.
Co-Founder of Lemonilo
Michigan University graduate Ronald Wijaya has a bachelor’s and a master’s in Industrial Engineering. Upon graduation, Wijaya worked at Indonesian confectionery and beverage company PT. United Family Food, first as an Operations Manager and then as a Project Manager. He was also a volunteer on a missionary trip to Kolkata, India, to help underprivileged children and youths. Wijaya continues to work in Lemonilo, the health food company that was born from Konsula’s pivot, and is currently co-CEO of the company.
Michigan University graduate Ronald Wijaya has a bachelor’s and a master’s in Industrial Engineering. Upon graduation, Wijaya worked at Indonesian confectionery and beverage company PT. United Family Food, first as an Operations Manager and then as a Project Manager. He was also a volunteer on a missionary trip to Kolkata, India, to help underprivileged children and youths. Wijaya continues to work in Lemonilo, the health food company that was born from Konsula’s pivot, and is currently co-CEO of the company.
HATCH is an aquaculture-tech-focused accelerator program initiated by the aquaculture-focused seed VC investor Alimentos Ventures to help related startups reach commercialization and access further funding. Its inaugural program was held in Bergen, Norway, followed by a second batch in Cork, Ireland. Successful applicants get €50,000 cash and possible subsequent funding, plus free office space for up to 12 months in either of HATCH's offices in Bergen and Singapore. Its international partners include food corporates, state entities and aquaculture groups.
HATCH is an aquaculture-tech-focused accelerator program initiated by the aquaculture-focused seed VC investor Alimentos Ventures to help related startups reach commercialization and access further funding. Its inaugural program was held in Bergen, Norway, followed by a second batch in Cork, Ireland. Successful applicants get €50,000 cash and possible subsequent funding, plus free office space for up to 12 months in either of HATCH's offices in Bergen and Singapore. Its international partners include food corporates, state entities and aquaculture groups.
FarmCloud: Effective husbandry management to help feed the world
Global meat consumption is increasing and, consequently, so is intensive farming, meaning FarmCloud's one-stop animal husbandry management solution comes at the right moment
Psquared: Providing flexible workplaces to help early-stage startups
The Barcelona-based startup converts a variety of buildings to hybrid office spaces for flexible work brought about by Covid-19, includes a reservations system to manage desk and meeting spaces
Get.AI: Using artificial intelligence to help humans write more efficiently
Writing productivity tool Get.AI automates mundane tasks, such as tracking the latest trending topics and speeding up research, improving writers' efficiency by as much as 70%
ADBioplastics primed to help EU manufacturers transition to circular economy
ADBioplastics has developed a biodegradable and compostable bioplastic additive for use in food packaging and is seeking up to €5m in funding
Bailian.ai: Using Internet big data, AI to help corporates acquire customers
Previously, a salesperson who got five or six customer leads was considered fortunate. Now, using Bailian.ai, thousands, or even millions, of leads can be found at once
BJTech: Chatbots to help young entrepreneurs and SMEs run businesses online
As more businesses go online during Covid-19, BJTech is using chatbots to help them manage customer service, inventory tracking and more
Oyika wants to help 30,000 Indonesian riders switch to electric motorcycles
With unlimited battery swaps and round-the-clock service, the Singapore startup is targeting ride-hailing and delivery drivers in Indonesia, a market with a growing appetite for electric motorcycles
In Spain, DIY drones help entice students to study science and tech
Spanish startup Bonadrone aims to revolutionize the way science, math and technology are taught in schools and is disrupting the drone sector by enabling users to customize their own 3D-printed drones
Koala Reading: Using AI to help children read, learn better in Chinese
This edtech app matches Chinese students with reading materials based on level, not age or grade in school
Thousands of Farmers: Creative subscription model to help farms sell seasonal produce
Just a few months old, Thousands of Farmers plans to add more entertaining features to its farm-to-table social commerce, attracting young consumers
X1 Wind's PivotBuoy: Innovative floating platform to help scale offshore wind energy
With a downwind turbine on its patented single point mooring system, Spanish startup X1 Wind aims to disrupt the market with light, cheaper and easy to install offshore platforms
Indonesian fintechs plug payday gaps, help workers stay away from loan sharks
Cash advance or “earned wage access” programs, already popular employee benefits in the US and Europe, are attracting investors and diverse clients in Indonesia
Cashtree combines locksreen ads and rewards-based marketing to help businesses go viral
The Indonesian mobile advertising platform encourages users to share ads on social media and WhatsApp so they go viral
Catapa: Putting AI into HR to help SMEs put their best people forward
Powered by AI and offering affordable subscription rates, Catapa is aiming to lift Indonesian SMEs – especially startups – into the HR mainstream
Iomob: Universal mobility app to help people find best route from A to B
Rapid growth in MaaS will boost revenue to over €1m by 2020 for Spanish transport app Iomob
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