Amazon Go
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Established in 1953, Gunung Sewu is a privately owned Indonesian conglomerate and investment management group that operates diversified businesses in insurance, food, real estate, consumer and resources. Founded by Om Go Soei Kie, aka Dasuki Angkosubroto, Gunung Sewu was originally a commodity trading enterprise.
Established in 1953, Gunung Sewu is a privately owned Indonesian conglomerate and investment management group that operates diversified businesses in insurance, food, real estate, consumer and resources. Founded by Om Go Soei Kie, aka Dasuki Angkosubroto, Gunung Sewu was originally a commodity trading enterprise.
Co-founder of Babytree
One of the first in China to go to Harvard on a full scholarship since 1949, Bo Shao, who also holds an MBA from the university, worked at Boston Consulting Group before starting EachNet in China in 1999. EachNet was acquired by eBay in 2003 for US$225 million. Today he is a founding partner of Matrix Partners China.
One of the first in China to go to Harvard on a full scholarship since 1949, Bo Shao, who also holds an MBA from the university, worked at Boston Consulting Group before starting EachNet in China in 1999. EachNet was acquired by eBay in 2003 for US$225 million. Today he is a founding partner of Matrix Partners China.
Co-founder and CEO of Kopi Kenangan
Edward Tirtanata is best known for establishing Kopi Kenangan, the popular grab-and-go coffee chain. Prior to that, however, the finance and accounting graduate from Northeastern University, USA, had established Lewis & Carroll, a premium establishment serving artisanal tea. Unfortunately, the brand struggled to grow among Indonesia's budget-conscious youths, who preferred the cheaper bubble tea. Learning from the experience, he decided to eschew the Starbucks-style “third home” retail concept and opted for grab-and-go stalls that are cheaper to establish, but without abandoning the quality of the coffee served. The concept proved to be a hit, and Tirtanata's new venture became a nationwide sensation.Aside from his role as CEO of Kopi Kenangan, Tirtanata is getting more deeply involved in the F&B startup ecosystem. In February 2020, he joined Gojek and startup ecosystem builder Digitaraya in establishing Digitarasa, a new accelerator program for F&B businesses.
Edward Tirtanata is best known for establishing Kopi Kenangan, the popular grab-and-go coffee chain. Prior to that, however, the finance and accounting graduate from Northeastern University, USA, had established Lewis & Carroll, a premium establishment serving artisanal tea. Unfortunately, the brand struggled to grow among Indonesia's budget-conscious youths, who preferred the cheaper bubble tea. Learning from the experience, he decided to eschew the Starbucks-style “third home” retail concept and opted for grab-and-go stalls that are cheaper to establish, but without abandoning the quality of the coffee served. The concept proved to be a hit, and Tirtanata's new venture became a nationwide sensation.Aside from his role as CEO of Kopi Kenangan, Tirtanata is getting more deeply involved in the F&B startup ecosystem. In February 2020, he joined Gojek and startup ecosystem builder Digitaraya in establishing Digitarasa, a new accelerator program for F&B businesses.
Founded in 1998 by Larry Page and Sergey Brin, Google started out as a web search engine. It then grew into a provider of various web services (e.g., email, web publishing) and subsequently became one of the world’s biggest tech companies, standing alongside Apple, Microsoft and Amazon. As an investor, Google is notably one of the earliest investors in Chinese internet giants Baidu and Meituan-Dianping.
Founded in 1998 by Larry Page and Sergey Brin, Google started out as a web search engine. It then grew into a provider of various web services (e.g., email, web publishing) and subsequently became one of the world’s biggest tech companies, standing alongside Apple, Microsoft and Amazon. As an investor, Google is notably one of the earliest investors in Chinese internet giants Baidu and Meituan-Dianping.
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.
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.
Besides helping medics to spot Covid-19 symptoms, BioMind is gearing up to launch its first EU-certified AI-powered diagnostic system for neurological diseases.
Besides helping medics to spot Covid-19 symptoms, BioMind is gearing up to launch its first EU-certified AI-powered diagnostic system for neurological diseases.
Inspired by America’s foodie trendsetter Blue Apron, BlackGarlic brings the gourmet meal kit craze to Indonesia’s affluent urbanites.
Inspired by America’s foodie trendsetter Blue Apron, BlackGarlic brings the gourmet meal kit craze to Indonesia’s affluent urbanites.
Co-founder and CEO of Advotics
In 2009 Boris Sanjaya graduated in Industrial and System Engineering at the University of Washington, USA. He worked for one year as an intern at Boeing Commercial Airplanes in Seattle. He worked as a business analyst at Amazon for four months before joining a Distribution Management Program at General Electric in 2010. He left GE and returned to Indonesia to work as a consultant for BCG in 2012. Together with Hendi Chandi, Boris co-founded telecoms startup Kokatto in 2014. He later left BCG in 2016 to join Hendi to establish PT Advotics Teknologi Global as CEO.
In 2009 Boris Sanjaya graduated in Industrial and System Engineering at the University of Washington, USA. He worked for one year as an intern at Boeing Commercial Airplanes in Seattle. He worked as a business analyst at Amazon for four months before joining a Distribution Management Program at General Electric in 2010. He left GE and returned to Indonesia to work as a consultant for BCG in 2012. Together with Hendi Chandi, Boris co-founded telecoms startup Kokatto in 2014. He later left BCG in 2016 to join Hendi to establish PT Advotics Teknologi Global as CEO.
Co-founder and CTO of Advotics
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.
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.
Founded in 2014, Desun Capital is the largest private investment firm in Sichuan province. With over RMB 1 billion under management, Desun conducts investments across all stages from seed/angel to IPO. It plans to go public in the next five years and become one of the most influential investment firms in China.
Founded in 2014, Desun Capital is the largest private investment firm in Sichuan province. With over RMB 1 billion under management, Desun conducts investments across all stages from seed/angel to IPO. It plans to go public in the next five years and become one of the most influential investment firms in China.
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.
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.
Founded in 2017, Shenzhen Yueke Xintai is a VC firm under the state-owned Technology Financial Group. Founded in 1992, Technology Financial Group began currently manages nine FOFs and 78 other funds, worth RMB 50bn in total. It has provided funding service to over 2,000 tech companies and helped more than 60 businesses go public.
Founded in 2017, Shenzhen Yueke Xintai is a VC firm under the state-owned Technology Financial Group. Founded in 1992, Technology Financial Group began currently manages nine FOFs and 78 other funds, worth RMB 50bn in total. It has provided funding service to over 2,000 tech companies and helped more than 60 businesses go public.
Founded in 2010, WestSummit Capital is a US-focused, growth-stage venture capital fund with a strong presence in Silicon Valley, Beijing, Hong Kong and Dublin. It has a total of over $400m under management, and invests in the mobile, internet, cloud computing, big data and IoT sectors. In 2013, it participated in a Series C $20m investment in Twitch, the world's leading video platform and community for gamers, which was acquired by Amazon in August 2014 for close to $1bn.
Founded in 2010, WestSummit Capital is a US-focused, growth-stage venture capital fund with a strong presence in Silicon Valley, Beijing, Hong Kong and Dublin. It has a total of over $400m under management, and invests in the mobile, internet, cloud computing, big data and IoT sectors. In 2013, it participated in a Series C $20m investment in Twitch, the world's leading video platform and community for gamers, which was acquired by Amazon in August 2014 for close to $1bn.
Co-founder of Aibee
Zhu graduated from the University of Rochester with a PhD in Computer Science in 2003. Before joining Alibaba, he had worked at NEC Laboratories America and Amazon. A founding member of Alibaba’s Institute of Data Science and Technology, Zhu was later named head of the Decision Intelligence Lab under the Alibaba DAMO (Discovery, Adventure, Momentum and Outlook) Academy in 2017. In November 2018, he left Alibaba to join Aibee as a co-founder. He has 25 patents to his name and has published more than 100 academic papers on machine learning, machine vision, data mining and information retrieval.
Zhu graduated from the University of Rochester with a PhD in Computer Science in 2003. Before joining Alibaba, he had worked at NEC Laboratories America and Amazon. A founding member of Alibaba’s Institute of Data Science and Technology, Zhu was later named head of the Decision Intelligence Lab under the Alibaba DAMO (Discovery, Adventure, Momentum and Outlook) Academy in 2017. In November 2018, he left Alibaba to join Aibee as a co-founder. He has 25 patents to his name and has published more than 100 academic papers on machine learning, machine vision, data mining and information retrieval.
Led by media and entertainment veteran Frank Yang (Yang Xingnong), ANTS Venture Capital conducts early-stage investments in Chinese companies from the TMT, culture & entertainment, healthcare, consumption & retail and new energy sectors. It expects its selected companies to become market leaders in their industries, with a CAGR of at least 30% and the potential to go public in two years.
Led by media and entertainment veteran Frank Yang (Yang Xingnong), ANTS Venture Capital conducts early-stage investments in Chinese companies from the TMT, culture & entertainment, healthcare, consumption & retail and new energy sectors. It expects its selected companies to become market leaders in their industries, with a CAGR of at least 30% and the potential to go public in two years.
Meituan, the “Amazon for local services”
Now worth over US$50 billion, the company has always focused on one end-goal: help consumers eat better, live better
Once the darling of investors, unmanned shelf startups are going through a hard time in China
Startups are being forced to transform their business models to survive
Supermarkets can now go cashierless too, with Mars Rabbit's scan & go app
Chinese startup gives traditional retailers the tech ammunition and chance to beat Amazon and Alibaba at their own game
Meituan-Dianping’s Wang Xing: From struggling copycat to IPO billionaire
As the internet startup sets to list in Hong Kong this week, we take a look back at the journey of its founder Wang Xing, once dubbed “the unluckiest serial entrepreneur”
eShop Ventures: A costly spending spree to create the Spanish Amazon
Behind the downfall of one of Spain's most promising startups
Animal AgTech Innovation Summit 2021: Experts discuss post-pandemic priorities
The pandemic not only put digital tech in everyone’s hands, it also forced thinking about collecting meaningful data and moving it on-demand to both producers and decision makers
Alpha JWC Ventures bets on Indonesian fintech, analytics startups for big impact
A commitment to mentoring and supporting its portfolio companies also lies at the core of its business
360imprimir: “We want to be the Amazon of corporate products and marketing services”
Online printing services platform 360imprimir recently raised €18m, one of Portugal's biggest funding rounds, for its global expansion
Buy Yourself GO: Relieving the pressure in high-demand retail
Buy Yourself's patented self-checkout technology specifically targets peak sales periods for bricks-and-mortars and requires no prior download of software
Dorabot's aim for warehousing: No humans allowed
With a combination of AI, global partnerships and speed, Dorabot is leaping into the future
CoolFarm: Why did Microsoft Portugal's Startup of the Year go bust?
The indoor-gardening tech startup went from winning awards to closing down with debts of close to €1m four years after its founding
Medigo, a long-awaited solution for Indonesia healthcare to go digital
Winning seed funding from Venturra Capital, Medigo seeks to help Indonesian hospitals make the transition into digital administration. We spoke to co-founders Harya Bimo and Faizal Rahman to find out more
South Summit wants to go global, as it launches Brazilian chapter
CEO Marta del Castillo on South Summit’s LatAm, Asia expansion plans; its net-zero pledge; her new role as co-head to further drive growth and more
Didimo: Creator of "digital humans" secures €6.2m in seed funding
Portuguese startup Didimo aims to humanize online interactions with its disruptive 3D technology
Spanish AI startups unleash the power of virtual assistants
More Spanish deep technology firms are shifting the paradigms in human-machine interactions, overhauling customer experience
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