Indonesia Pasti Bisa
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Formerly an online healthcare platform, Konsula has transformed into Lemonilo and is serving up healthy alternatives to popular Indonesian comfort foods and snacks.
Formerly an online healthcare platform, Konsula has transformed into Lemonilo and is serving up healthy alternatives to popular Indonesian comfort foods and snacks.
Touted as Indonesia’s biggest e-commerce speciality coffee supplier, Otten Coffee is gearing up to be a key player in the region’s gourmet coffee arena.
Touted as Indonesia’s biggest e-commerce speciality coffee supplier, Otten Coffee is gearing up to be a key player in the region’s gourmet coffee arena.
Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.
Indonesia’s first unicorn, ride-hailing startup Gojek has merged with Tokopedia to compete against regional giants Grab and Sea Group to develop the best super-app.
Through a flexible leasing model, Xurya is making the economic case for factories and building operators to harness solar power and save electricity costs.
Through a flexible leasing model, Xurya is making the economic case for factories and building operators to harness solar power and save electricity costs.
Indonesia’s fourth unicorn, e-commerce startup Bukalapak, a popular marketplace platform for MSMEs, becomes first unicorn startup to be listed on the Indonesian Stock Exchange.
Indonesia’s fourth unicorn, e-commerce startup Bukalapak, a popular marketplace platform for MSMEs, becomes first unicorn startup to be listed on the Indonesian Stock Exchange.
Ajaib’s online wealth management tool brings personalized mutual fund investing to the masses, potentially mobilizing billions of investable assets across Southeast Asia.
Ajaib’s online wealth management tool brings personalized mutual fund investing to the masses, potentially mobilizing billions of investable assets across Southeast Asia.
Xendit, an all-purpose payment gateway and management platform for SMEs and startups in Southeast Asia, becomes a unicorn after expansion into the Philippines.
Xendit, an all-purpose payment gateway and management platform for SMEs and startups in Southeast Asia, becomes a unicorn after expansion into the Philippines.
Furnishing happiness and championing local craftsmanship, Fabelio partners with Indonesian designers and furniture producers to give IKEA a run for their money.
Furnishing happiness and championing local craftsmanship, Fabelio partners with Indonesian designers and furniture producers to give IKEA a run for their money.
The world’s first online Islamic fashion retailer, HijUp brings innovation to a fashion world that has long overlooked the huge potential of the Muslim market.
The world’s first online Islamic fashion retailer, HijUp brings innovation to a fashion world that has long overlooked the huge potential of the Muslim market.
Indonesian agritech pioneer Crowde has battled competition to stay ahead by pivoting from crowdfunding farming projects to channeling institutional lenders’ funds into agricultural loans.
Indonesian agritech pioneer Crowde has battled competition to stay ahead by pivoting from crowdfunding farming projects to channeling institutional lenders’ funds into agricultural loans.
CEO and co-founder of Xendit
Moses Lo comes from an entrepreneurial family, his father acquired a failing business in Australia and turned it into a successful company. The family business inspired Lo to start his own fashion business in Australia after graduating in finance and commerce at the University of New South Wales in 2010.Lo initially gained work experience as an analyst in 2008 as part of his undergraduate finance and commerce programs in Australia. In 2011, he became an associate at the Boston Consulting Group in Australia. After two years, he was promoted to senior associate but left BCG in 2013 to focus on his menswear ventures until 2014.Lo decided to get first-hand tech startup experience in the Silicon Valley, working at Amazon while completing an MBA program at the University of California, Berkeley. In 2015, he decided to established a P2P payments platform Xendit in Indonesia. The platform has since pivoted into a payment gateway service and became a unicorn in 2021, with Lo as CEO based in California and Jakarta. He was also featured in Forbes’ 30 Under 30 list for Asian figures in finance and venture capital in 2016.
Moses Lo comes from an entrepreneurial family, his father acquired a failing business in Australia and turned it into a successful company. The family business inspired Lo to start his own fashion business in Australia after graduating in finance and commerce at the University of New South Wales in 2010.Lo initially gained work experience as an analyst in 2008 as part of his undergraduate finance and commerce programs in Australia. In 2011, he became an associate at the Boston Consulting Group in Australia. After two years, he was promoted to senior associate but left BCG in 2013 to focus on his menswear ventures until 2014.Lo decided to get first-hand tech startup experience in the Silicon Valley, working at Amazon while completing an MBA program at the University of California, Berkeley. In 2015, he decided to established a P2P payments platform Xendit in Indonesia. The platform has since pivoted into a payment gateway service and became a unicorn in 2021, with Lo as CEO based in California and Jakarta. He was also featured in Forbes’ 30 Under 30 list for Asian figures in finance and venture capital in 2016.
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
Fintech startup Xendit launches aid program for Indonesian businesses amid Covid-19 crisis
Xendit is helping more SMEs go online by waiving transaction fees for its digital payments solution for the first month
E-wallet LinkAja gets access to Indonesia's Civil Registry for user data checks
Move allows more than 2,000 public and private entities to verify user data against government records, but the public has raised privacy and security concerns
Ruangguru, Amartha founders made aides to Indonesian President
Seven young leaders appointed to assist President Joko Widodo in non-ministerial tasks, with an emphasis on innovation
Behind Indonesia's recent EV push
EV prices in Indonesia are still high and there are concerns about infrastructure, but serious policymaking and private sector support can boost consumer adoption
Indonesian state enterprises launch e-wallet LinkAja, competing with Go-Pay and OVO
Even with a wider range of services and extensive state backing, LinkAja faces a tough battle
E-wallet unicorn OVO’s future in question amid Lippo's divestment, talk of DANA merger
As even the conglomerate giant feels the pain of OVO's aggressive cash-burning, should digital payments players rethink their strategy to gain market share, beyond the usual discounts and subsidies?
Shrimp farming IoT startup JALA to launch franchise program by mid-2021
Despite delays to hardware manufacturing and global expansion during the pandemic, JALA achieved encouraging growth in 2020 and is gearing up for a pre-Series A fundraising round
UPDATED - Coronavirus: Indonesian startups launch tracking and healthcare tools, financial support
Amid a weak public health system, Indonesia's startups try to plug the gap with healthcare and monitoring tech solutions, while edtech and other online platforms see surge in demand amid social distancing
Insights on tech and the Indonesian diaspora in Silicon Valley
Navigating the different diaspora communities, one tech event at a time
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
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