Go-Jek
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Co-founder and CEO of Sampingan
Former Go-Jek operations manager Wisnu Nugrahadi has embarked on his own entrepreneurial journey, establishing gig marketplace app Sampingan in 2018. After a brief stint as an intern at Uber Indonesia where he was part of the company's Bandung launch team, Wisnu joined on-demand transportation company Go-Jek in June 2015. He was promoted to head of operations for Go-Life (the lifestyle services arm of Go-Jek) within a few months of joining, after which he became senior operations manager in 2017. Wisnu graduated with a bachelor's in Business Administration from Universitas Padjadjaran, Indonesia in 2015.
Former Go-Jek operations manager Wisnu Nugrahadi has embarked on his own entrepreneurial journey, establishing gig marketplace app Sampingan in 2018. After a brief stint as an intern at Uber Indonesia where he was part of the company's Bandung launch team, Wisnu joined on-demand transportation company Go-Jek in June 2015. He was promoted to head of operations for Go-Life (the lifestyle services arm of Go-Jek) within a few months of joining, after which he became senior operations manager in 2017. Wisnu graduated with a bachelor's in Business Administration from Universitas Padjadjaran, Indonesia in 2015.
Co-founder of Sampingan
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Dimas Pramudya graduated with a bachelor's in Business from Universitas Padjadjaran, Indonesia. Between 2011 and 2013 while still at university, Dimas became the corporate funding head of Keuken, securing corporate sponsorships for the popular Bandung food festival. In 2014, he joined Sony Indonesia, managing the company's portable audio product sales, before moving to Go-Jek in 2017 to head up the company's growth experiments in Go-Tix and Go-Pay. Dimas and former Go-Jek colleague Wisnu Nugrahadi established gig marketplace app Sampingan in 2018.
Co-founder and CTO of Feedloop
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
Software engineer Ronaldi Kurniawan was the only Android developer at YesBoss, an Indonesian virtual assistant startup. The Computer Science graduate from Universitas Bina Nusantara went on to work at financial product comparison website Cermati after YesBoss became inactive in 2016. YesBoss was later transformed into Kata.ai.Ronaldi had also worked at Thailand-based IT consultancy firm TN Corporation before returning to Indonesia to join Go-Jek. In May 2019, he left Go-Jek to team up again with Kata.ai co-founder Ahmad Rizqi Meydiarso to establish brand campaign builder startup Feedloop.
Founded in 2003, Northstar Group is a private equity firm managing over US$2 billion in equity capital. The firm focuses on investments in Indonesia and the rest of Southeast Asia. Its investment portfolio includes many different companies, from banks to manufacturing firms. It launched NSI Ventures in 2014, which focuses on early-stage investing in Southeast Asia and has invested in noted startups like Go-Jek and Moka. Northstar Group invested in Go-Jek as well.
Founded in 2003, Northstar Group is a private equity firm managing over US$2 billion in equity capital. The firm focuses on investments in Indonesia and the rest of Southeast Asia. Its investment portfolio includes many different companies, from banks to manufacturing firms. It launched NSI Ventures in 2014, which focuses on early-stage investing in Southeast Asia and has invested in noted startups like Go-Jek and Moka. Northstar Group invested in Go-Jek as well.
ATM Capital is a China-based venture capital firm with a focus on Southeast Asia. In 2017, ATM Capital participated in the seed round of Indonesian coworking space operator Rework (now GoWork). Its its partners have invested in Go-Jek, Rocket Internet and several Chinese companies. It closed its US$200 million fund in January 2019.
ATM Capital is a China-based venture capital firm with a focus on Southeast Asia. In 2017, ATM Capital participated in the seed round of Indonesian coworking space operator Rework (now GoWork). Its its partners have invested in Go-Jek, Rocket Internet and several Chinese companies. It closed its US$200 million fund in January 2019.
Co-founder and CEO of Mapan by Ruma
Indonesia’s most prominent young social entrepreneur Aldi Haryopratomo was in the Harvard Business School class of 2011, where his peers included Go-Jek founder Nadiem Makarim and Grab founders Anthony Tan and Tan Hooi Ling.Aldi began his career as a security consultant for Ernst & Young. After a one-year stint at the Boston Consulting Group, Aldi worked with Sean Dewitt and Budiman Wikarsa from the Grameen Foundation to develop Ruma, a business-in-a-box startup for low-income Indonesians in 2009. Ruma launched the “Arisan Mapan” group-buying app in 2014.Aldi also holds a Computer Engineering degree from Purdue University. He was selected as a Young Global Leader in the 2012 World Economic Forum.
Indonesia’s most prominent young social entrepreneur Aldi Haryopratomo was in the Harvard Business School class of 2011, where his peers included Go-Jek founder Nadiem Makarim and Grab founders Anthony Tan and Tan Hooi Ling.Aldi began his career as a security consultant for Ernst & Young. After a one-year stint at the Boston Consulting Group, Aldi worked with Sean Dewitt and Budiman Wikarsa from the Grameen Foundation to develop Ruma, a business-in-a-box startup for low-income Indonesians in 2009. Ruma launched the “Arisan Mapan” group-buying app in 2014.Aldi also holds a Computer Engineering degree from Purdue University. He was selected as a Young Global Leader in the 2012 World Economic Forum.
Mountain Partners is a global company builder that has managed more than 90 investments in IT-based startups. Mountain Partners supports companies from incubation to growth stages to go global.
Mountain Partners is a global company builder that has managed more than 90 investments in IT-based startups. Mountain Partners supports companies from incubation to growth stages to go global.
Co-founder and former CTO of GetSocial
Instituto Superior de Línguas e Administração (Lisbon) graduate João Gomes serves as the current CTO at Altar.io. Gomes has experience as a developer for Booking.com and Excentric, where he would go on to hold the position of Programming Director. He also served as CTO at GetSocial, a company he co-founded.
Instituto Superior de Línguas e Administração (Lisbon) graduate João Gomes serves as the current CTO at Altar.io. Gomes has experience as a developer for Booking.com and Excentric, where he would go on to hold the position of Programming Director. He also served as CTO at GetSocial, a company he co-founded.
Co-founder and CEO of Shenma
Co-founder and CEO of Shenma. Serial entrepreneur. His first startup was an e-commerce company. Before co-founding Shenma, he started a second company called Ruixingxiao that provided marketing consulting services to small companies. He met Chen Xiaofeng while consulting for Xindazhou Electric Motorcycles, after which they decided to go into business together.
Co-founder and CEO of Shenma. Serial entrepreneur. His first startup was an e-commerce company. Before co-founding Shenma, he started a second company called Ruixingxiao that provided marketing consulting services to small companies. He met Chen Xiaofeng while consulting for Xindazhou Electric Motorcycles, after which they decided to go into business together.
Beyond clever marketing, Kopi Kenangan offers affordable quality coffee for Indonesian tastes; with 300+ outlets in 3 years and profitable, Southeast Asia expansion is next.
Beyond clever marketing, Kopi Kenangan offers affordable quality coffee for Indonesian tastes; with 300+ outlets in 3 years and profitable, Southeast Asia expansion is next.
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.
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.
Get fit and healthy with these Indonesian wellness startups
The wellness lifestyle trend continues to grow in popularity in Indonesia, and startups want a piece of the action
Infervision: AI-screening platform helps doctors detect Covid-19 infection within 10 seconds
Chinese medtech lets doctors analyze chest CT scans to diagnose Covid-19 with 98% accuracy; first used in Wuhan, Infervision's system has also been deployed in Japan, Italy and the US
Cautiously opportunistic: How Indonesian VCs are riding out the Covid-19 crisis
Indonesian VCs on how they are doing deals during Covid-19, and their advice to startups, from how to cut costs to M&A
China new retail: A blend of the best of online and offline shopping
Players big and small are contributing to China’s new retail revolution
Spanish VR edtech Play2Speak targets China's K-12 market
Keen on the multibillion-dollar tutoring market in Asia, Play2Speak creates VR immersive learning to help kids overcome the fear of learning a new language
HighPitch 2020: Yogyakarta chapter won by on-demand lab testing and solar cell startups
Judges lauded the variety of ideas, but said startups could improve their presentations and clearly state the problems they are solving
iLoF: Accelerating access to personalized medicine, from a drop of blood
Backed by Microsoft’s venture fund M12, Mayfield and Melinda Gates’s Pivotal Ventures, iLoF focuses on painless screening to facilitate disease detection, forecasting and drug development, from Alzheimer’s to Covid-19
ScentRealm: Digitally reproducing scents on demand
Unlike colors and sounds, scents are hard to code and digitalize. ScentRealm has not only done it, but has also opened its scent editor and database to the public
Sequoia Capital China holds steady with investments in healthcare, biotech and green economy
China’s most active investor increases bets on sectors beyond the consumer internet and edtech recently hurt by regulatory clampdown
Cogo: Tech that helps you cut your real-time carbon footprint through daily choices
Currently operating in New Zealand, Australia and the UK, Cogo is raising $20m to bring its emissions tracking technology to companies and consumers in Asia, Europe and the US
Bayer Growth Ventures' Paimun Amini: Invest in tech for smarter, more sustainable farming
Corporate venture capital showed up in abundance at Smart Agrifood Malaga, where CompassList spoke with Paimun Amini, Director of Venture Investments for Bayer Growth Ventures (BGV)
Kobo360: Nigeria's Uber-style logistics startup turns pan-African dream into reality
Riding on Africa’s new free trade deal, Kobo360 aims to be the continent’s next unicorn by digitalizing logistics ops to transport goods quickly, reliably and more cheaply
Orain: Making vending machines smarter and more profitable
Vending machines can now interact with consumers and offer FMCG retailers valuable data, thanks to smart hardware from Barcelona-based Orain
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
“From a record year to a tragic year” – Investor Eneko Knorr on Spain’s 2020 startup funding
Startups should focus on profitability but for investors with leeway, there are still great opportunities, says Spanish angel investor Eneko Knorr. He shares his outlook, top picks and advice on riding out the Covid-19 crisis
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