JMI Services
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So-Young finds, evaluates and books medical aesthetic services for users, connecting them to the most reliable service providers in an opaque, high-risk market.
So-Young finds, evaluates and books medical aesthetic services for users, connecting them to the most reliable service providers in an opaque, high-risk market.
Swan Daojia (formerly 58 Daojia)
China’s largest on-demand home services platform which has trained 1m service providers in the past three years, providing over $3bn worth of job opportunities.
China’s largest on-demand home services platform which has trained 1m service providers in the past three years, providing over $3bn worth of job opportunities.
BayWa Venture GmbH is a subsidiary company of BayWa AG, the German agriculture, energy and construction conglomerate.Putting digitalization at the core of its agriculture strategy, the company is looking to expand its core business into digital services within the existing businesses. It is investigating new digital business models and stand-alone concepts through collaboration with emerging startups focusing on cutting-edge technologies in the agrifood tech space.BayWa started to invest in startups in 2012 mainly focused on online customer management, services and sales platforms. In 2015, the company purchased Farm Facts, a German farm management SaaS and in 2017 invested in Abundant Robotics, a US-based automated harvest company. One of the firms’ most recent investments has been Evja, an Italian startup developing precision farming hardware based on advanced agronomic models and machine learning technology.
BayWa Venture GmbH is a subsidiary company of BayWa AG, the German agriculture, energy and construction conglomerate.Putting digitalization at the core of its agriculture strategy, the company is looking to expand its core business into digital services within the existing businesses. It is investigating new digital business models and stand-alone concepts through collaboration with emerging startups focusing on cutting-edge technologies in the agrifood tech space.BayWa started to invest in startups in 2012 mainly focused on online customer management, services and sales platforms. In 2015, the company purchased Farm Facts, a German farm management SaaS and in 2017 invested in Abundant Robotics, a US-based automated harvest company. One of the firms’ most recent investments has been Evja, an Italian startup developing precision farming hardware based on advanced agronomic models and machine learning technology.
Co-founder and ex-CEO of Seekmi
Nayoko Wicaksono graduated at the University of British Columbia in 2007 and had worked at prestigious companies such as Morneau Shepell, Rocket Internet and Emtek. He left Emtek in 2014 and started the on-demand household services startup Seekmi a year later. However, he decided to step down as CEO in 2016 to become the chairman of Seekmi. He later became a venture partner at Plug and Play Indonesia and has also invested in Turkey’s motorbike transport app Scotty in 2017. He is also a director and co-founder of data science education center Algoritma that helps students gain employable skills.
Nayoko Wicaksono graduated at the University of British Columbia in 2007 and had worked at prestigious companies such as Morneau Shepell, Rocket Internet and Emtek. He left Emtek in 2014 and started the on-demand household services startup Seekmi a year later. However, he decided to step down as CEO in 2016 to become the chairman of Seekmi. He later became a venture partner at Plug and Play Indonesia and has also invested in Turkey’s motorbike transport app Scotty in 2017. He is also a director and co-founder of data science education center Algoritma that helps students gain employable skills.
Founder and CEO of Plato
Irma Surya is a lawyer and the founder of Plato, a portal for startups and SMEs to access affordable basic corporate legal services. After earning her bachelor’s in Law from Universitas Katolik Atma Jaya, Indonesia, she worked at Ali Budiarjo, Nugroho, Reksodiputro, an Indonesian legal firm from 2011 to 2013. She has been in practice since 2007 and has also worked with international clients. Besides her duties as Plato’s CEO, she continues to work as a freelance lawyer, specializing in startup and fintech companies.
Irma Surya is a lawyer and the founder of Plato, a portal for startups and SMEs to access affordable basic corporate legal services. After earning her bachelor’s in Law from Universitas Katolik Atma Jaya, Indonesia, she worked at Ali Budiarjo, Nugroho, Reksodiputro, an Indonesian legal firm from 2011 to 2013. She has been in practice since 2007 and has also worked with international clients. Besides her duties as Plato’s CEO, she continues to work as a freelance lawyer, specializing in startup and fintech companies.
COO of Fundeen
COO and Co-founder of Fundeen since July 2017, Bautista graduated with a Bachelor of Science in Civil Engineering, that included a stint at the University of Nebraska, and a Master's in Road, Canal and Port Engineering in 2018 from Alfonso X el Sabio University. He began his professional career as assistant to the Head of the Conservation and Maintenance Service at PACSA, an urban and environmental services company. He later worked as a Maritime and Port Operator Consultant at Shipping Business Consultants (SBC) and as a Studies and Offers Engineer at Valoriza Facilities before working full-time at Fundeen.
COO and Co-founder of Fundeen since July 2017, Bautista graduated with a Bachelor of Science in Civil Engineering, that included a stint at the University of Nebraska, and a Master's in Road, Canal and Port Engineering in 2018 from Alfonso X el Sabio University. He began his professional career as assistant to the Head of the Conservation and Maintenance Service at PACSA, an urban and environmental services company. He later worked as a Maritime and Port Operator Consultant at Shipping Business Consultants (SBC) and as a Studies and Offers Engineer at Valoriza Facilities before working full-time at Fundeen.
Co-founder, co-CEO and CCO of Shotl
Based in the US and Spain, Gerard Martret is a member of Founders Network in San Francisco. After graduating from the University of Barcelona in 2000, he and his brothers established a mobility venture builder Camina Lab in New York. In 2001, they also co-founded two businesses in Barcelona: on-demand driving service Drivania Chauffeurs and Bhagna Innovation, a communication agency that ceased operations in 2011. The Martrets also co-founded transport tech startup Routebox Technologies in 2010. In 2016, they diversified into the provision of on-demand shuttles and bus-pooling services. Martret is Co-CEO and Chief Communication Officer at Shotl.
Based in the US and Spain, Gerard Martret is a member of Founders Network in San Francisco. After graduating from the University of Barcelona in 2000, he and his brothers established a mobility venture builder Camina Lab in New York. In 2001, they also co-founded two businesses in Barcelona: on-demand driving service Drivania Chauffeurs and Bhagna Innovation, a communication agency that ceased operations in 2011. The Martrets also co-founded transport tech startup Routebox Technologies in 2010. In 2016, they diversified into the provision of on-demand shuttles and bus-pooling services. Martret is Co-CEO and Chief Communication Officer at Shotl.
CTO and Co-founder of Nusantics
Revata Utama has worked as an engineer and scientist in various biomedical R&D projects. After graduating from the National University of Singapore in 2012 with a bachelor's in Life and Biomedical Sciences, Utama joined Delta Electronics in 2013. He worked as a biomedical engineer from 2013 to 2017, as part of the R&D teams for joint projects with Singapore's Institute of Bioengineering and Nanotechnology (IBN) at Biopolis.In June 2017, he joined JN Medsys in Singapore to conduct research on polymerase chain reaction (PCR) chip projects. He left Medsys in January 2020 to return to Indonesia and run Nusantics full-time as CTO to lead the company's research into genomics-based services.
Revata Utama has worked as an engineer and scientist in various biomedical R&D projects. After graduating from the National University of Singapore in 2012 with a bachelor's in Life and Biomedical Sciences, Utama joined Delta Electronics in 2013. He worked as a biomedical engineer from 2013 to 2017, as part of the R&D teams for joint projects with Singapore's Institute of Bioengineering and Nanotechnology (IBN) at Biopolis.In June 2017, he joined JN Medsys in Singapore to conduct research on polymerase chain reaction (PCR) chip projects. He left Medsys in January 2020 to return to Indonesia and run Nusantics full-time as CTO to lead the company's research into genomics-based services.
CEO and co-founder of Santara
Reza Avesena is an experienced software engineer who took the leap into entrepreneurship when he came to Yogyakarta and joined a photobook printing company. In 2009, after graduating from Universitas Bina Nusantara with a bachelor's in informatics, he started his career as an analyst in Telkomsigma, a subsidiary of state-owned communications firm Telkom. In 2011, he joined Wincor Nixdorf as a software engineer. Between 2013 and 2016, he worked for IBM as an advisory specialist. In 2017, he became the CTO of ID Photobook, a Yogyakarta-based company that provided photo printing services. In 2018, together with ID Photobook founder Afrig Wasiso and entrepreneur Mardigu Wowiek Prasetyo, Avesena established a new business: equity crowdfunding platform Santara and is now its CEO.
Reza Avesena is an experienced software engineer who took the leap into entrepreneurship when he came to Yogyakarta and joined a photobook printing company. In 2009, after graduating from Universitas Bina Nusantara with a bachelor's in informatics, he started his career as an analyst in Telkomsigma, a subsidiary of state-owned communications firm Telkom. In 2011, he joined Wincor Nixdorf as a software engineer. Between 2013 and 2016, he worked for IBM as an advisory specialist. In 2017, he became the CTO of ID Photobook, a Yogyakarta-based company that provided photo printing services. In 2018, together with ID Photobook founder Afrig Wasiso and entrepreneur Mardigu Wowiek Prasetyo, Avesena established a new business: equity crowdfunding platform Santara and is now its CEO.
Co-founder and CTO of Allozymes
Akbar Vahidi is an Iranian researcher turned entrepreneur based in Singapore. After graduating in 2010 with a bachelor’s in chemical engineering from Sharif University of Technology, he pursued a PhD in chemical and biomolecular engineering at the National University of Singapore (NUS). Vahidi earned his PhD in 2015 and briefly worked as a research fellow at Nanyang Technological University before returning to NUS to pursue research.At NUS, he was a part of a research group that developed a new enzyme screening method based on microfluidics technology. With fellow NUS PhD graduate Peyman Salehian, Vahidi secured an exclusive license to use the technology and established Allozymes, a startup that offers enzyme engineering services. Vahidi became the CTO of Allozymes.
Akbar Vahidi is an Iranian researcher turned entrepreneur based in Singapore. After graduating in 2010 with a bachelor’s in chemical engineering from Sharif University of Technology, he pursued a PhD in chemical and biomolecular engineering at the National University of Singapore (NUS). Vahidi earned his PhD in 2015 and briefly worked as a research fellow at Nanyang Technological University before returning to NUS to pursue research.At NUS, he was a part of a research group that developed a new enzyme screening method based on microfluidics technology. With fellow NUS PhD graduate Peyman Salehian, Vahidi secured an exclusive license to use the technology and established Allozymes, a startup that offers enzyme engineering services. Vahidi became the CTO of Allozymes.
Co-Stone is one of the earliest venture capital firms in China, with about RMB 30 billion in assets under management today. It operates growth-stage investments and pre-IPO financings, focusing on TMT, biotechnology, consumer and services sectors in China. It has invested in more than 80 companies, where Co-Stone was the lead investor in over 60% of the financings.
Co-Stone is one of the earliest venture capital firms in China, with about RMB 30 billion in assets under management today. It operates growth-stage investments and pre-IPO financings, focusing on TMT, biotechnology, consumer and services sectors in China. It has invested in more than 80 companies, where Co-Stone was the lead investor in over 60% of the financings.
Established in 2009, TCL Capital is the investment arm of TCL Corporation, which makes home appliances. TCL Capital has founded 12 venture capital funds in partnership with other stakeholders in China. Its assets under management are valued at billions of RMB. As of April 2017, it had invested in 76 startups, with an emphasis on display technology, high-end manufacturing, integrated circuits and high-end software services.
Established in 2009, TCL Capital is the investment arm of TCL Corporation, which makes home appliances. TCL Capital has founded 12 venture capital funds in partnership with other stakeholders in China. Its assets under management are valued at billions of RMB. As of April 2017, it had invested in 76 startups, with an emphasis on display technology, high-end manufacturing, integrated circuits and high-end software services.
Based in Singapore, Golden Equator Capital manages investment funds in real estate, currency and technology businesses. Its Technology and Innovation Fund has backed various up-and-coming Southeast Asian startups, such as the internship job board Glints, dating app Paktor and affordable fashion marketplace Sale Stock. Golden Equator also provides industry expertise, mentoring and other supporting services to the companies in its investment portfolio.
Based in Singapore, Golden Equator Capital manages investment funds in real estate, currency and technology businesses. Its Technology and Innovation Fund has backed various up-and-coming Southeast Asian startups, such as the internship job board Glints, dating app Paktor and affordable fashion marketplace Sale Stock. Golden Equator also provides industry expertise, mentoring and other supporting services to the companies in its investment portfolio.
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
HEMAV: World’s leading drone services company for agriculture
Now a global leader known for its industry-targeted software, HEMAV has expanded to 15 countries, working with utilities, farms and public bodies
Payfazz aims to be Indonesia's first on-demand financial services company
Handling transactions averaging over IDR 1tn monthly, Payfazz hopes to bring the benefits of banking to all Indonesians
HeyGo's shattered dreams: Promising P2P classified services platform failed to scale
With 96,000 monthly active users, classified services app HeyGo grew in user numbers, but not revenue. It soon declared bankruptcy
Mental health services platform Ibunda wants to keep expanding its reach
Since its founding in 2015, the Indonesian startup Ibunda has provided psychological consultations to over 200,000 clients
Billin offers unlimited free e-invoicing services to SMEs and freelancers
Offering automated online invoice generating, sharing, tracking and payments, the Spanish fintech wants to become the billing Dropbox for businesses worldwide
Zhongzheng Information: Big data and fully integrated services for smart office buildings
Joining the Microsoft for Startups program will boost Zhongzheng's R&D and business expansion in China
Waste management startup Magalarva aims for profitability with new factory, B2B services
Partnerships with supermarkets and waste transporters provide Magalarva with new revenue streams and sources of production input as the company ramps up its manufacturing activities
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
EV maker Xpeng Motors partners Didi to offer car rentals and better charging services
Besides working with China's largest ride-hailing platform, Xpeng Motors has also connected to the charging networks of EV maker NIO and TELD, China's biggest EV charging network
Despite early promise, China's on-demand bus services hit potholes on the road to profit
High costs – not a lack of customers – have forced promising on-demand bus service startups like DuduBus to shift their focus to corporate shuttle services
Alipay opens its platform to speed up digitalization of Chinese service providers amid Covid-19
As Alipay continues to battle WeChat for super-app supremacy, it's created a stronghold in China’s services industry, where 80% of businesses still operate under brick-and-mortar models
Oper Indonesia: On-demand drivers give car owners a break from endless traffic jams
Oper offers on-demand chauffeurs and car valets for stressed-out drivers and busy vehicle-owners
China B2B startups still have much room to grow in a trillion-RMB market
Investors favor enterprise tech startups amid slowing deal flow, still foresee strong growth despite competition from tech giants
Gojek and Tokopedia merge to form GoTo
The new entity, now Indonesia’s largest tech group, plans to go public in Indonesia and the US, targeting a $40bn valuation
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