Indonesia
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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.
CEO and founder of Neliti
Biologist-turned-entrepreneur Anton Lucanus' entrepreneurial journey began in Indonesia, where he established research database service Neliti in 2016. He is also the founder and CEO of Reputio, a US-based digital PR firm. Lucanus graduated with a bachelor's in Anatomy and Human Biology from the University of Western Australia. He had also taken a minor in Indonesian as part of a student exchange program at Universitas Gadjah Mada, Indonesia. In 2015, Lucanus had a brief stint as a researcher at the Eijkman Institute before earning his master's in Oncology and Cancer Biology at the National University of Singapore.
Biologist-turned-entrepreneur Anton Lucanus' entrepreneurial journey began in Indonesia, where he established research database service Neliti in 2016. He is also the founder and CEO of Reputio, a US-based digital PR firm. Lucanus graduated with a bachelor's in Anatomy and Human Biology from the University of Western Australia. He had also taken a minor in Indonesian as part of a student exchange program at Universitas Gadjah Mada, Indonesia. In 2015, Lucanus had a brief stint as a researcher at the Eijkman Institute before earning his master's in Oncology and Cancer Biology at the National University of Singapore.
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.
COO and co-founder of FROGS
Asro Nasiri is a seasoned aircraft engineer. From 1993 to 2007, Nasiri worked for the Indonesian state-owned aircraft manufacturer PT Dirgantara Indonesia. He designed and analyzed various systems for civilian and military aircraft, including weapon systems and FLIR thermal imaging. He left the company in 2007 to become a lecturer and director of an incubator at Yogyakarta's Universitas Amikom.In 2017, he was approached by Indonesian entrepreneur Kiwi Aliwarga who was looking for engineers to build Indonesia's first passenger-carrying drones. They co-founded FROGS to design and build passenger-carrying drones in Indonesia, with Nasiri as COO and chief certification officer.
Asro Nasiri is a seasoned aircraft engineer. From 1993 to 2007, Nasiri worked for the Indonesian state-owned aircraft manufacturer PT Dirgantara Indonesia. He designed and analyzed various systems for civilian and military aircraft, including weapon systems and FLIR thermal imaging. He left the company in 2007 to become a lecturer and director of an incubator at Yogyakarta's Universitas Amikom.In 2017, he was approached by Indonesian entrepreneur Kiwi Aliwarga who was looking for engineers to build Indonesia's first passenger-carrying drones. They co-founded FROGS to design and build passenger-carrying drones in Indonesia, with Nasiri as COO and chief certification officer.
Founded in 2010, Merah Putih is Indonesia’s first startup incubator. The Jakarta-based incubator focuses on mobile, gaming, community base and e-commerce. Its investment portfolio includes Infokost.id, Dailysocial and LintasBerita. Merah Putih is a collaboration between MCM Group and GDP Venture.
Founded in 2010, Merah Putih is Indonesia’s first startup incubator. The Jakarta-based incubator focuses on mobile, gaming, community base and e-commerce. Its investment portfolio includes Infokost.id, Dailysocial and LintasBerita. Merah Putih is a collaboration between MCM Group and GDP Venture.
Co-Founder and CEO of UangTeman
Singaporean Aidil Zulkifli was a commercial lawyer at Duane Morris & Selvam before founding the financial services comparison portal KreditAja.com in Indonesia in 2013. It was later sold to Singapore’s Moneysmart.sg in 2014. He then founded UangTeman in 2015.
Singaporean Aidil Zulkifli was a commercial lawyer at Duane Morris & Selvam before founding the financial services comparison portal KreditAja.com in Indonesia in 2013. It was later sold to Singapore’s Moneysmart.sg in 2014. He then founded UangTeman in 2015.
Founder and CEO of Valuklik, Founder and CEO of PasarPolis
Cleosent Randing began his entrepreneurship journey after his graduation from Simon Fraser University in Canada. He read degrees in Business Administration and Economics in 2009.Besides Valuklik and Pinnacle, Cleosent also owns and runs two other ventures. He is a director of NuGlobe Solutions, a call center outsourcing company that he founded in 2010. He is also operating an e-commerce website for insurance products named PasarPolis.com that he recently set up in October 2015.Since April 2016, Cleosent has been an active member and director of the Indonesia Canada Chamber of Commerce (ICCC). He is also a director of the Canadian Alumni in Indonesia (Calindo).
Cleosent Randing began his entrepreneurship journey after his graduation from Simon Fraser University in Canada. He read degrees in Business Administration and Economics in 2009.Besides Valuklik and Pinnacle, Cleosent also owns and runs two other ventures. He is a director of NuGlobe Solutions, a call center outsourcing company that he founded in 2010. He is also operating an e-commerce website for insurance products named PasarPolis.com that he recently set up in October 2015.Since April 2016, Cleosent has been an active member and director of the Indonesia Canada Chamber of Commerce (ICCC). He is also a director of the Canadian Alumni in Indonesia (Calindo).
Co-founder and CEO of IMOOJI
Mujianto "Muji" Rusman earned his bachelor's in Electrical Engineering from the Texas A&M University in 1998, after which he worked for Dell as a development manager while concurrently pursuing an MBA at Texas State University. He then joined Rovi Corporation in 2006, where he spent the next five years. In 2013, Muji returned to Indonesia to establish event photo sharing company EventPic, before building IMOOJI, a new digital brochure development firm in 2016. Although he spent most of his professional career in the US, Muji now divides his time between Indonesia and Seattle, where his family lives.
Mujianto "Muji" Rusman earned his bachelor's in Electrical Engineering from the Texas A&M University in 1998, after which he worked for Dell as a development manager while concurrently pursuing an MBA at Texas State University. He then joined Rovi Corporation in 2006, where he spent the next five years. In 2013, Muji returned to Indonesia to establish event photo sharing company EventPic, before building IMOOJI, a new digital brochure development firm in 2016. Although he spent most of his professional career in the US, Muji now divides his time between Indonesia and Seattle, where his family lives.
Norfund is the sovereign investment fund of Norway, established by the parliament in 1997 and owned by the Ministry of Foreign Affairs. The company has committed NOK 28.4bn in investments into 170 projects in developing countries as of 2020. Norfund has regional offices in Thailand, Costa Rica, Kenya, Mozambique and Ghana to support its activities in Asia, Africa and Latin America. In Asia, its core investment targets are Indonesia, Cambodia, Laos, Vietnam, Myanmar, Bangladesh and Sri Lanka. Norfund primarily invests in three key areas: clean energy, agriculture and fintech. The fund has invested in solar power projects and various food companies in India and various African countries. In Asia, Norfund has invested in Amartha, an Indonesian P2P lending fintech company providing loans to women-led microbusinesses. Norfund also invests in other venture funds, such as Southeast Asia-focused Openspace Ventures Fund III, to expand and diversify their portfolio.
Norfund is the sovereign investment fund of Norway, established by the parliament in 1997 and owned by the Ministry of Foreign Affairs. The company has committed NOK 28.4bn in investments into 170 projects in developing countries as of 2020. Norfund has regional offices in Thailand, Costa Rica, Kenya, Mozambique and Ghana to support its activities in Asia, Africa and Latin America. In Asia, its core investment targets are Indonesia, Cambodia, Laos, Vietnam, Myanmar, Bangladesh and Sri Lanka. Norfund primarily invests in three key areas: clean energy, agriculture and fintech. The fund has invested in solar power projects and various food companies in India and various African countries. In Asia, Norfund has invested in Amartha, an Indonesian P2P lending fintech company providing loans to women-led microbusinesses. Norfund also invests in other venture funds, such as Southeast Asia-focused Openspace Ventures Fund III, to expand and diversify their portfolio.
American investment capital firm Farallon Capital Management was established in 1986. The company manages equity capital for institutions, including college endowments, charitable foundations and pension plans, and funds for high net worth individuals. While most of its investments are in risk arbitrage and debt restructuring, it has also invested in startups across different verticals, such as Indonesian ride-hailing firm Gojek and a host of biotechnology, pharmaceuticals and medical technology companies.Farallon’s history with Indonesia began long before Gojek came into existence. In 2002, Farallon bought a controlling stake in Bank Central Asia (BCA), an Indonesian bank, during a time when investors avoided Indonesian banks that had been saddled with bad debt. With the controlling stake, Farallon installed a new bank chairman and reformed BCA. Over the next four years Farallon slowly divested in BCA and finally sold the remaining 4% stake in 2006 to earn a profit.
American investment capital firm Farallon Capital Management was established in 1986. The company manages equity capital for institutions, including college endowments, charitable foundations and pension plans, and funds for high net worth individuals. While most of its investments are in risk arbitrage and debt restructuring, it has also invested in startups across different verticals, such as Indonesian ride-hailing firm Gojek and a host of biotechnology, pharmaceuticals and medical technology companies.Farallon’s history with Indonesia began long before Gojek came into existence. In 2002, Farallon bought a controlling stake in Bank Central Asia (BCA), an Indonesian bank, during a time when investors avoided Indonesian banks that had been saddled with bad debt. With the controlling stake, Farallon installed a new bank chairman and reformed BCA. Over the next four years Farallon slowly divested in BCA and finally sold the remaining 4% stake in 2006 to earn a profit.
Based in the Netherlands, Prosus is a global investor in consumer tech and Internet companies. It is a subsidiary of South African tech investment company Naspers. In August 2021 the two companies completed a cross-holding agreement in which Naspers owns 57% of Prosus while Prosus owns 49% of Naspers. The two companies share a single board.Prosus is the largest shareholder in Chinese tech giant Tencent and Russian tech platform Mail.ru. Meanwhile, its venture division invests in a variety of fintech, food delivery, and other consumer tech companies. In Indonesia, it has invested in Bibit, a stock and mutual funds investment platform, as well as fishery trading and community development startup Aruna. It has also invested in edtech platforms like Indian executive learning platform Eruditus, and US-based coding education company SoloLearn.
Based in the Netherlands, Prosus is a global investor in consumer tech and Internet companies. It is a subsidiary of South African tech investment company Naspers. In August 2021 the two companies completed a cross-holding agreement in which Naspers owns 57% of Prosus while Prosus owns 49% of Naspers. The two companies share a single board.Prosus is the largest shareholder in Chinese tech giant Tencent and Russian tech platform Mail.ru. Meanwhile, its venture division invests in a variety of fintech, food delivery, and other consumer tech companies. In Indonesia, it has invested in Bibit, a stock and mutual funds investment platform, as well as fishery trading and community development startup Aruna. It has also invested in edtech platforms like Indian executive learning platform Eruditus, and US-based coding education company SoloLearn.
Co-Founder and Chief Business Development of iGrow
Gadjah Mada University (UGM) graduate Jim Oklahoma holds a bachelor’s degree in Statistics. Prior to co-founding iGrow, Jim worked as Data Evaluator and then as Monitor and Control Section Head at Pamapersada Nusantara, a wholly owned subsidiary of a heavy equipment distributor in Indonesia.
Gadjah Mada University (UGM) graduate Jim Oklahoma holds a bachelor’s degree in Statistics. Prior to co-founding iGrow, Jim worked as Data Evaluator and then as Monitor and Control Section Head at Pamapersada Nusantara, a wholly owned subsidiary of a heavy equipment distributor in Indonesia.
Co-founder of Volantis
Ryan Haryadi went to Diablo Valley College in the US and Indiana University, Bloomington, where he earned a bachelor's degree in Informatics. In 2010, he returned to Indonesia, where he briefly joined ORIX Indonesia Finance as an account manager till the end of 2011. In 2012, he joined online travel aggregator Pegipegi, which is now owned by Traveloka. In 2013, Haryadi moved on and joined Bachtiar Rifai at digital marketing consultancy WireHub. The duo continued on to establish digital marketing automation service firm Kofera Technology, and, subsequently, spun off a second company, Volantis Technology.
Ryan Haryadi went to Diablo Valley College in the US and Indiana University, Bloomington, where he earned a bachelor's degree in Informatics. In 2010, he returned to Indonesia, where he briefly joined ORIX Indonesia Finance as an account manager till the end of 2011. In 2012, he joined online travel aggregator Pegipegi, which is now owned by Traveloka. In 2013, Haryadi moved on and joined Bachtiar Rifai at digital marketing consultancy WireHub. The duo continued on to establish digital marketing automation service firm Kofera Technology, and, subsequently, spun off a second company, Volantis Technology.
Co-Founder of Cermati
US-trained veteran software engineer Oby Sumampouw has worked at LinkedIn, Oracle and Google. He holds a master’s in Computer Science from Stanford University. Oby was living in the United States for 13 years before he decided to return to Indonesia and start Cermati.
US-trained veteran software engineer Oby Sumampouw has worked at LinkedIn, Oracle and Google. He holds a master’s in Computer Science from Stanford University. Oby was living in the United States for 13 years before he decided to return to Indonesia and start Cermati.
Co-founder and CTO of Jala
Hanry Ario is a skilled programmer armed with a diverse skillset, from C++ to AutoCAD. In 2014, he graduated from Universitas Gadjah Mada in Indonesia and joined fellow alumni to establish electronics startup Atnic. Hanry is the CTO of Atnic that created the Jala sensor for shrimp farms.
Hanry Ario is a skilled programmer armed with a diverse skillset, from C++ to AutoCAD. In 2014, he graduated from Universitas Gadjah Mada in Indonesia and joined fellow alumni to establish electronics startup Atnic. Hanry is the CTO of Atnic that created the Jala sensor for shrimp farms.
Bekraf: Growing a creative, productive Indonesia
Established to support Indonesia's creative industries as a whole, Bekraf is also an important link between government and the burgeoning startup landscape
In Indonesia, Ramadan goes hi-tech
From consumption to charity, tech startups have come to play a key role in Ramadan traditions in Indonesia
Gorry Holdings: Promoting staff wellness in Indonesia
The healthtech startup wants companies to understand how healthy employees can translate into good business
Indonesia agritech startup HARA goes on the blockchain
What began as a way to help farmers make data-driven decisions has unexpectedly expanded into blockchain. How does HARA plan to use this technology to improve outcomes in agriculture?
Indonesia finance ministry cans e-commerce tax compliance law
The ministry says the law was misunderstood, but industry players had long questioned the need for such regulation
Indonesia transport ministry to regulate ride-hailing app discounts
Despite criticism from riders and drivers, the ministry will cooperate with business competition supervisor to curb excessive discounts and prevent price wars
With universal QR code, Indonesia achieves e-payment harmony
The move to standardize Indonesia's QR code is expected to unify the country's cashless payments system and lift tens of thousands of small merchants into the payments mainstream
Narasi TV: Creating a better media experience for Indonesia
Spearheaded by a popular talkshow host, this new media startup seeks to cultivate a more positive online media environment
Algobash: SaaS for more effective IT hiring in Indonesia
With its remote assessment and automated interview platform, Algobash seeks faster, fairer and more inclusive recruitment and training of coders, to support tech growth in Indonesia
No bank account? In Indonesia, you can still shop online
Indonesian startups are racing to serve the millions of consumers that banks haven’t reached. Here’s a look at some of the leading players, their innovations and how they have redefined the market
Girls in Tech Indonesia: Inspiring the geek in every girl
Girls in Tech Indonesia aims to put the country's women at the forefront of its tech and startup world
Eco-friendly vegan leather from recycled waste, made in Indonesia
In the battle for ethical consumer dollars, mass production of vegan leather by startups like Mycotech and Bell Society, could be the game-changer for the fashion industry
Growing together: a look at the Indonesia Fintech Association (Aftech)
The Indonesia Fintech Association sets an example of how professional associations can help new industries grow faster and better
Gradana: P2P lending for more accessible home ownership in Indonesia
Gradana wants to create an ecosystem where developers, agents, landlords, buyers and lenders benefit one another through interconnected financing
Game developer Digital Happiness promotes Indonesia with its ghosts and ghouls
The Indonesian studio behind the popular horror game, DreadOut, recently released a sequel after its first game saw 2.5m downloads worldwide and raked in $7.5m, and was even made into a movie
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