Muslim economy
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ARTICLES (178)
Everbright New Economy USD Fund
Launched in 2018, Everbright New Economy USD Fund (New Economy Fund) is under the umbrella of China Everbright, a Hong Kong-listed financial conglomerate. The New Economy Fund started from an inaugural fund of US$483m, with US$150m from Bahrain-based asset manager Investcorp. It invests mainly in the e-commerce, smart retail and artificial intelligence sectors. In November 2019, China Everbright and Investcorp announced they will co-manage Investcorp New Economy Fund I and explore the opportunity to establish a successor private equity fund, jointly managed by the two parties, that will target China’s tech sector.
Launched in 2018, Everbright New Economy USD Fund (New Economy Fund) is under the umbrella of China Everbright, a Hong Kong-listed financial conglomerate. The New Economy Fund started from an inaugural fund of US$483m, with US$150m from Bahrain-based asset manager Investcorp. It invests mainly in the e-commerce, smart retail and artificial intelligence sectors. In November 2019, China Everbright and Investcorp announced they will co-manage Investcorp New Economy Fund I and explore the opportunity to establish a successor private equity fund, jointly managed by the two parties, that will target China’s tech sector.
Co-founder and Partnership Executive of Bobobox
Hafidz Syahrial established the capsule hotel startup Bobobox in 2018. After earning his MBA in 2016 from the Institut Teknologi Bandung, Indonesia Hafidz joined the business development department of budget hotel network ZEN Rooms’ before becoming its City Manager for Bandung. In 2017, he also co-founded Muslim App, an Islamic information app.
Hafidz Syahrial established the capsule hotel startup Bobobox in 2018. After earning his MBA in 2016 from the Institut Teknologi Bandung, Indonesia Hafidz joined the business development department of budget hotel network ZEN Rooms’ before becoming its City Manager for Bandung. In 2017, he also co-founded Muslim App, an Islamic information app.
Co-founder and Head of Development of Halal Local
Olinggha Pigavetta graduated from Universitas Padjadjaran, Indonesia, with a bachelor's in Japanese Language and Literature in 2013. Upon graduation, he worked at airport services company Jasa Angkasa Semesta in customer relations and as a translator for Japanese passengers. In 2015, Olinggha became a web designer before co-founding Halal Local, a travel listing and utility app for Muslim travelers, where he is currently its head of development.
Olinggha Pigavetta graduated from Universitas Padjadjaran, Indonesia, with a bachelor's in Japanese Language and Literature in 2013. Upon graduation, he worked at airport services company Jasa Angkasa Semesta in customer relations and as a translator for Japanese passengers. In 2015, Olinggha became a web designer before co-founding Halal Local, a travel listing and utility app for Muslim travelers, where he is currently its head of development.
Co-founder of Warung Pintar
Harya Putra is the co-founder of MUVE, a community of Muslim travelers, which he established while still in university. After graduating in 2016, he joined East Ventures' coworking space, EV Hive, as an expansion and partnership executive. In 2017, Harya co-founded the East Venture-supported retail startup Warung Pintar, where he is currently its COO. He holds a bachelor's degree in Information Systems and Technology from Institut Teknologi Bandung, Indonesia.
Harya Putra is the co-founder of MUVE, a community of Muslim travelers, which he established while still in university. After graduating in 2016, he joined East Ventures' coworking space, EV Hive, as an expansion and partnership executive. In 2017, Harya co-founded the East Venture-supported retail startup Warung Pintar, where he is currently its COO. He holds a bachelor's degree in Information Systems and Technology from Institut Teknologi Bandung, Indonesia.
Closed Loop Ventures is an early-stage investment fund focused on the development of the circular economy.
Closed Loop Ventures is an early-stage investment fund focused on the development of the circular economy.
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.
Founder of Luoji Siwei
TV celebrity and influencer Luo Zhenyu holds a PhD in Journalism and Communications from the Communication University of China. After working at CCTV for eight years producing shows on finance and the economy, he resigned from the organization in 2008. Since then Luo has embarked on a journey he describes as “showing this fat face to all,” which he began by hosting popular TV shows on business and the economy and continued by founding Luoji Siwei in 2014.
TV celebrity and influencer Luo Zhenyu holds a PhD in Journalism and Communications from the Communication University of China. After working at CCTV for eight years producing shows on finance and the economy, he resigned from the organization in 2008. Since then Luo has embarked on a journey he describes as “showing this fat face to all,” which he began by hosting popular TV shows on business and the economy and continued by founding Luoji Siwei in 2014.
Co-founder of investment and consultancy firm SYSTEMIQ Jeremy Oppenheim invests individually in early-stage cleantech and agritech ventures. He used to be a senior partner at global consultancy McKinsey, where he worked extensively with multilateral development banks, the United Nations and developing nations' governments to set up resource-sustainability projects. From 2013-14, Oppenheim was the program director of the New Climate Economy project, an initiative of the Global Commission on Economy and Climate that identified practical actions and policy options to maximize opportunities associated with climate change. The experience helped propel him into cleantech and agtech investing.
Co-founder of investment and consultancy firm SYSTEMIQ Jeremy Oppenheim invests individually in early-stage cleantech and agritech ventures. He used to be a senior partner at global consultancy McKinsey, where he worked extensively with multilateral development banks, the United Nations and developing nations' governments to set up resource-sustainability projects. From 2013-14, Oppenheim was the program director of the New Climate Economy project, an initiative of the Global Commission on Economy and Climate that identified practical actions and policy options to maximize opportunities associated with climate change. The experience helped propel him into cleantech and agtech investing.
Qatar Investment Authority (QIA) is Qatar's sovereign wealth fund. QIA was founded by the State of Qatar in 2005 with the aim to strengthen the country's economy. Headquartered in Doha, QIA invests globally and manages total assets worth nearly $300bn.
Qatar Investment Authority (QIA) is Qatar's sovereign wealth fund. QIA was founded by the State of Qatar in 2005 with the aim to strengthen the country's economy. Headquartered in Doha, QIA invests globally and manages total assets worth nearly $300bn.
Established in 2016, Roaming Capital invests mainly in early-stage startups in the sectors of mobile internet, new media, sharing economy, AR/VR, artificial intelligence, etc. The equity funds and digital assets under its management are worth over RMB 2bn.
Established in 2016, Roaming Capital invests mainly in early-stage startups in the sectors of mobile internet, new media, sharing economy, AR/VR, artificial intelligence, etc. The equity funds and digital assets under its management are worth over RMB 2bn.
Riding on the growth of halal tourism, Halal Local conveniently offers directions and access to Muslim-friendly facilities and information for travellers on the road.
Riding on the growth of halal tourism, Halal Local conveniently offers directions and access to Muslim-friendly facilities and information for travellers on the road.
Founder and CEO of Yueyang Dujia
With a master’s in media studies from Bangkok University, Chen Yang joined the travel industry in 2001. His roles include being the secretary-general of Holiday Ownership Association of Thailand and the vice-president of China Holiday Association and International Leisure Economy Promotion Association. Chen is fluent in English and Thai.
With a master’s in media studies from Bangkok University, Chen Yang joined the travel industry in 2001. His roles include being the secretary-general of Holiday Ownership Association of Thailand and the vice-president of China Holiday Association and International Leisure Economy Promotion Association. Chen is fluent in English and Thai.
Operations Manager and co-founder of RecyGlo
After graduating with an engineering degree in 2017 from Thanliyn Technological University in Yangon, Soe Moe Aung joined RecyGlo as operations manager and co-founder.RecyGlo’s mission is to be Myanmar’s first circular economy waste management and recycling tech company with plans to become a key player in the ASEAN region.
After graduating with an engineering degree in 2017 from Thanliyn Technological University in Yangon, Soe Moe Aung joined RecyGlo as operations manager and co-founder.RecyGlo’s mission is to be Myanmar’s first circular economy waste management and recycling tech company with plans to become a key player in the ASEAN region.
Indonesia’s Muslimarket is rapidly gearing up to become a global e-tailer of halal products for Muslim communities at home and abroad.
Indonesia’s Muslimarket is rapidly gearing up to become a global e-tailer of halal products for Muslim communities at home and abroad.
Everhaus is a VC firm headquartered in Jakarta, investing primarily in southeast asian startups. The Everhaus team's expertise is primarily in data analytics and financial services, which it uses to "catalyze new retail and sharing economy" in the region. The VC has backed car-sharing startup HipCar, interactive video platform TADO and on-demand services provider Seekmi.
Everhaus is a VC firm headquartered in Jakarta, investing primarily in southeast asian startups. The Everhaus team's expertise is primarily in data analytics and financial services, which it uses to "catalyze new retail and sharing economy" in the region. The VC has backed car-sharing startup HipCar, interactive video platform TADO and on-demand services provider Seekmi.
Intracity delivery startup Fengxiansheng takes on the Middle East
Backed by the most popular online shopping platform in the Middle East, Hangzhou's No. 1 intracity delivery startup Fengxiansheng (“Mr Wind”) is expanding to the region
Yudha Kartohadiprodjo wants to empower Indonesian farmers
Kartohadiprodjo founded Karsa, an agritech social media startup, to arm farmers with better knowledge and information sharing
This AI startup helps Tencent, Xiaomi chatbots “think” and “talk” like humans
Trio.AI makes communicating with machines easier and more effective – even fun
Beatriz González: Seaya Ventures head and Spanish tech VC trailblazer
From Cabify to Glovo, the only woman to head a Spanish VC firm has backed some of the country’s most successful startups to date
Spanish tech companies launch multi-project Covid-19 portal to help citizens and authorities
Startups including Glovo, CARTO and Cabify join forces with the likes of Google, Apple and IBM in the #StopCorona initiative to help Spain fight the pandemic
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
Beyond ride-hailing: Gojek, Grab and all their friends
Now that Grab and Go-Jek are in a faceoff on a regional scale, here's a look at how Southeast Asia's two biggest unicorns – and their investors – could be shaping the local digital economies and startup ecosystems
Nongguanjia: Housekeeper of Chinese farmers' fortunes
Combining fintech and e-commerce, Nongguanjia started by monetizing land circulation, to help hundreds of millions of Chinese farmers get financing and thrive
HighPitch 2020: Goers wins Indonesia's national startup competition
Event ticketing startup Goers gains new revenue streams with pivot to helping leisure spots go online; hotel SaaS Izy and on-demand medical testing service CekLab also in top three
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
Sophie's Bionutrients: Alternative protein from microalgae
Inspired by fish in the ocean, the startup developed microalgae-based flour that can take on unlimited forms, textures or colors to make almost any alt protein product
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
Fresh from $13.5m Series A, Indonesian insurtech Qoala takes the long view amid Covid-19
Backed by capital from VCs like Sequoia Capital India, Qoala wants to grow its income channels, team and partnerships as others hold back
Meituan-Dianping’s Wang Xing: From struggling copycat to IPO billionaire
As the internet startup sets to list in Hong Kong this week, we take a look back at the journey of its founder Wang Xing, once dubbed “the unluckiest serial entrepreneur”
From state to BAT, China backs startups for global AI dominance
Finance, automobile, retail and healthcare seen to lead China’s advances and gains in AI, as part of a RMB 10 trillion economy by 2030
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