Indonesia
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UMG Indonesia is a subsidiary of the Myanmar-based UMG conglomerate that was founded in 1998. The Indonesian company is a hardware and machine distributor, with property interests in Indonesia. In 2017, UMG provided seed funding to fishery tech startup Aruna.
UMG Indonesia is a subsidiary of the Myanmar-based UMG conglomerate that was founded in 1998. The Indonesian company is a hardware and machine distributor, with property interests in Indonesia. In 2017, UMG provided seed funding to fishery tech startup Aruna.
Angel Investment Network Indonesia (ANGIN)
ANGIN (Angel Investment Network Indonesia) is the first and largest network of angel investors in Indonesia. The funding and mentoring network comprises high net-worth individuals from diverse industry sectors, including venture capitalists, senior executives and celebrities. ANGIN also manages its own impact investment fund and a fund for women’s empowerment and entrepreneurship.
ANGIN (Angel Investment Network Indonesia) is the first and largest network of angel investors in Indonesia. The funding and mentoring network comprises high net-worth individuals from diverse industry sectors, including venture capitalists, senior executives and celebrities. ANGIN also manages its own impact investment fund and a fund for women’s empowerment and entrepreneurship.
PT Mitra Komunikasi Indonesia Tbk.
Mitra Komunikasi Nusantara (MKN) is a public-listed company in Indonesia. With business interests in mobile communications, it is one of the largest distributors of Samsung and OPPO smartphones in Indonesia. Besides distributing products for one of Indonesia’s major mobile network operators Telkomsel, MKN also manages the GraPARI customer service centers. MKN was established by the founder of Kioson Roby Tan.
Mitra Komunikasi Nusantara (MKN) is a public-listed company in Indonesia. With business interests in mobile communications, it is one of the largest distributors of Samsung and OPPO smartphones in Indonesia. Besides distributing products for one of Indonesia’s major mobile network operators Telkomsel, MKN also manages the GraPARI customer service centers. MKN was established by the founder of Kioson Roby Tan.
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.
Plug and Play Tech Center is a startup accelerator and venture fund based in Silicon Valley, USA. It invests in over 100 startups every year, from pre-product to Series A, including Dropbox and Lending Club.The VC launched its first accelerator program in Indonesia in February 2017, in partnership with Indonesia’s Gan Kapital. Since then, the program has provided mentorship and US$50,000 funding to each of the 11 startups selected from the ASEAN region including Astronaut Technologies. Other corporate partners include Astra International, BNI, Bank BTN and Sinar Mas.
Plug and Play Tech Center is a startup accelerator and venture fund based in Silicon Valley, USA. It invests in over 100 startups every year, from pre-product to Series A, including Dropbox and Lending Club.The VC launched its first accelerator program in Indonesia in February 2017, in partnership with Indonesia’s Gan Kapital. Since then, the program has provided mentorship and US$50,000 funding to each of the 11 startups selected from the ASEAN region including Astronaut Technologies. Other corporate partners include Astra International, BNI, Bank BTN and Sinar Mas.
An online community to share information on salaries and workplace reviews of companies in Indonesia and Malaysia helps level the playing field for employees.
An online community to share information on salaries and workplace reviews of companies in Indonesia and Malaysia helps level the playing field for employees.
Indonesia’s fashion industry is concentrated in large cities in Java. For those living elsewhere, Sale Stock’s low prices and free shipping are especially attractive.
Indonesia’s fashion industry is concentrated in large cities in Java. For those living elsewhere, Sale Stock’s low prices and free shipping are especially attractive.
By translating intimidating financial jargon into plain language, this product comparison fintech helps improve access to financial products for Indonesians, many of them financially illiterate.
By translating intimidating financial jargon into plain language, this product comparison fintech helps improve access to financial products for Indonesians, many of them financially illiterate.
This online store lets beauty enthusiasts in Indonesia shop for genuine branded beauty products, without having to worry about counterfeits. Free doorstep delivery included, too.
This online store lets beauty enthusiasts in Indonesia shop for genuine branded beauty products, without having to worry about counterfeits. Free doorstep delivery included, too.
Krakakoa empowers and supports farmers to become master craftsmen in their trade, creating the exceptional cacao beans that go into our chocolate.
Krakakoa empowers and supports farmers to become master craftsmen in their trade, creating the exceptional cacao beans that go into our chocolate.
Carrying over 1,000 local and international brands, Berrybenka is a fashion and beauty e-commerce platform for men and women in the low-to-midrange segment.
Carrying over 1,000 local and international brands, Berrybenka is a fashion and beauty e-commerce platform for men and women in the low-to-midrange segment.
One of Indonesia's earliest payments apps, Kudo is joining forces with Grab to become the region’s leading provider of online banking and shopping services.
One of Indonesia's earliest payments apps, Kudo is joining forces with Grab to become the region’s leading provider of online banking and shopping services.
Botika creates bespoke AI chatbots that respond in Bahasa Indonesia to help businesses to engage more effectively with local consumers at every transaction level.
Botika creates bespoke AI chatbots that respond in Bahasa Indonesia to help businesses to engage more effectively with local consumers at every transaction level.
HelloBeauty aims to be Indonesia’s top beauty services platform, providing customers with “Beauty anytime, anywhere” by trusted and vetted makeup artists and hairdressers.
HelloBeauty aims to be Indonesia’s top beauty services platform, providing customers with “Beauty anytime, anywhere” by trusted and vetted makeup artists and hairdressers.
Indonesian angel investor network ANGIN launches agrifood incubator
Program targets ESG investment and builds on the strong potential of Indonesia’s agriculture sector, which kept growing despite the Covid-19 pandemic
US non-profit investor New Energy Nexus seeks to kickstart Indonesia’s clean energy sectors
With a “patient capital” approach to investments and a variety of programs, New Energy Nexus hopes to show that startups can lead the way in renewables and smart energy
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
Start with the little things: 5 Indonesian social impact startups
From providing student loans to empowering marginalized groups and farmers, these Indonesian startups are revitalizing local communities
Amidst a flurry of funding from overseas, local players urge a review of startup ownership rules in Indonesia
Game Prime 2019 – Let the games commence!
This month, Jakarta's annual game exhibition to showcase more than 50 developers, promoting the industry’s potential locally and abroad
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
East Ventures raises funds, teams up with state agency to produce Covid-19 tests for Indonesia
East Ventures investee Nusantics has been working with state researchers to produce the prototype; expects mass production of the test kits soon
After success of Valthirian Arc, Agate aims to up its game and boost the local sector
In the second part of an interview, Shieny Aprilia, Agate VP of Enterprise Business, discusses star project Valthirian Arc, the company's game-making plans and the state of the local industry
Shrimp-farming data made easy: Interview with JALA’s CEO Liris Maduningtyas
Indonesian agritech startup JALA managed to overcome the hurdles caused by lack of experience after participating in accelerator programs. It is now taking the next steps to better products
After emulating Chinese business models, Indonesian startups seek success abroad
Indonesia adapted and furthered the successful business models that created unicorns in China. Now, it's exporting its own to the rest of Southeast Asia, even beyond
Qlue on international expansion, privacy concerns in smart cities
Qlue's CEO Rama Raditya and CCO Maya Arvini on protecting individual privacy when handling citizens' data in smart cities, the lack of clarity in regulation of use of facial recognition technology in Indonesia
A new unicorn rises as OVO's $1bn valuation confirmed
The Lippo Group subsidiary continues to grow in strength as it battles for market share with Gojek’s e-wallet and others
Indogen Capital eyes new growth fund of $100m as foreign tech investors stay keen on Indonesia
With its Japanese investment partner Striders, Indogen plans to boost growth-stage funding in Indonesia and open doors for portfolio companies to new markets in East Asia
Canika: A new app offering more budget-friendly weddings
Canika woos young couples with more flexible prices and options in Indonesia's $7bn wedding planning market
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