Indonesian Hotel and Restaurant Association
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Novabase Capital is a Portuguese VC originally established in 1993 to invest in domestic technology projects. The firm has also invested in local tech startups since 2003. To date, it has invested in 21 companies, including 10 exits. It has invested €11m in four funds with a total investment value of over €27m. Recent investments include HypeLabs' US$3m seed round and the €1.5m seed round of IoT platform for industry Glartek.
Novabase Capital is a Portuguese VC originally established in 1993 to invest in domestic technology projects. The firm has also invested in local tech startups since 2003. To date, it has invested in 21 companies, including 10 exits. It has invested €11m in four funds with a total investment value of over €27m. Recent investments include HypeLabs' US$3m seed round and the €1.5m seed round of IoT platform for industry Glartek.
Asia Africa Investment & Consulting
Founded in 2013, Asia Africa Investment & Consulting (AAIC) is a Japanese VC that invests in developing nations in Africa. Based in Singapore, the Japanese investment team are also involved in consultancy work. To date, AAIC has invested in eight companies. Investments during 2020 include two Egyptian startups: mobile teleradiology medtech Rology’s $860,000 seed funding in September and mental health medtech platform Shezlong’s Series A round in June.
Founded in 2013, Asia Africa Investment & Consulting (AAIC) is a Japanese VC that invests in developing nations in Africa. Based in Singapore, the Japanese investment team are also involved in consultancy work. To date, AAIC has invested in eight companies. Investments during 2020 include two Egyptian startups: mobile teleradiology medtech Rology’s $860,000 seed funding in September and mental health medtech platform Shezlong’s Series A round in June.
As one of the original enterprises of the Japanese Mitsubishi Group, Mitsubishi Motors started its automotive business in the pre-World War era. Mitsubishi Heavy Industries produced and imported cars for local use. The automotive company became part of the Renault-Nissan-Mitsubishi alliance in 2016 after Nissan acquired a controlling stake in Mitsubishi Motors. Indonesia's Gojek is its latest investment to expand into the ride-hailing tech sector in Southeast-Asia.
As one of the original enterprises of the Japanese Mitsubishi Group, Mitsubishi Motors started its automotive business in the pre-World War era. Mitsubishi Heavy Industries produced and imported cars for local use. The automotive company became part of the Renault-Nissan-Mitsubishi alliance in 2016 after Nissan acquired a controlling stake in Mitsubishi Motors. Indonesia's Gojek is its latest investment to expand into the ride-hailing tech sector in Southeast-Asia.
Co-Founder and CEO of Zuoyehezi (Homework Box)
A finance major who founded a software company in his junior year, Liu Ye studied at the University of International Business and Economics. He went on to head the software company Yinmai Technology for six years. He left Yinmai in 2014 to try his luck in the Internet industry, attracted by its vast potential.
A finance major who founded a software company in his junior year, Liu Ye studied at the University of International Business and Economics. He went on to head the software company Yinmai Technology for six years. He left Yinmai in 2014 to try his luck in the Internet industry, attracted by its vast potential.
Co-Founder of IWAK
Surabaya native, Rian Adam Rajagede, holds a bachelor’s degree in Computer Science from Universitas Gadjah Mada (UGM). He co-founded IWAK, a crowdfunding platform for freshwater fish farmers. He is currently pursuing a master’s degree in Computer Science at UGM while working as a lecturer of Algorithm and Data Structure at his alma mater.
Surabaya native, Rian Adam Rajagede, holds a bachelor’s degree in Computer Science from Universitas Gadjah Mada (UGM). He co-founded IWAK, a crowdfunding platform for freshwater fish farmers. He is currently pursuing a master’s degree in Computer Science at UGM while working as a lecturer of Algorithm and Data Structure at his alma mater.
Co-founder and CEO of ProSehat
Gregorius Bimantoro is a serial entrepreneur. He founded a marketing agency for healthcare issues Atoma Medical in 2009, while training as a doctor at Universitas Katolik Atma Jaya in Indonesia. He also set up a healthcare website TanyaDok in 2012 and continues to lecture on healthcare entrepreneurship at Atma Jaya. The online pharmacy ProSehat is his latest venture.
Gregorius Bimantoro is a serial entrepreneur. He founded a marketing agency for healthcare issues Atoma Medical in 2009, while training as a doctor at Universitas Katolik Atma Jaya in Indonesia. He also set up a healthcare website TanyaDok in 2012 and continues to lecture on healthcare entrepreneurship at Atma Jaya. The online pharmacy ProSehat is his latest venture.
Co-founder and COO of ProSehat
After graduating as a doctor at Universitas Katolik Atma Jaya in Indonesia, Agnes Susanto joined Atoma Medical as operations manager in 2011. She completed a master’s in Public Health, Hospital and Healthcare Facilities at the Universitas Gadjah Mada (UGM) in 2016. She also co-founded ProSehat, a medical e-commerce startup as an offshoot of Atoma Medical.
After graduating as a doctor at Universitas Katolik Atma Jaya in Indonesia, Agnes Susanto joined Atoma Medical as operations manager in 2011. She completed a master’s in Public Health, Hospital and Healthcare Facilities at the Universitas Gadjah Mada (UGM) in 2016. She also co-founded ProSehat, a medical e-commerce startup as an offshoot of Atoma Medical.
Founder and CEO of Yuemei
Xiang Xiaoqin sought plastic surgery in 2005 to regain her prenatal figure, but discovered it was difficult to find a reliable clinic in the highly opaque sector. This led her to found cosmetic surgery marketplace Yuemei. She is an economics graduate from Beijing Normal University and holds an MBA from the National University of Singapore.
Xiang Xiaoqin sought plastic surgery in 2005 to regain her prenatal figure, but discovered it was difficult to find a reliable clinic in the highly opaque sector. This led her to found cosmetic surgery marketplace Yuemei. She is an economics graduate from Beijing Normal University and holds an MBA from the National University of Singapore.
Founder and CEO of Paprika
A graduate in Marketing from RMIT University in Australia, Kalvin Yap made his entrepreneurial debut in 2015 when he decided to set up PT Paprika Multi Media. Prior to running the Paprika loyalty rewards app for SMEs, he had worked for nine years as a purchasing manager at a timber and wood products company PT Budi Tamora Permai.
A graduate in Marketing from RMIT University in Australia, Kalvin Yap made his entrepreneurial debut in 2015 when he decided to set up PT Paprika Multi Media. Prior to running the Paprika loyalty rewards app for SMEs, he had worked for nine years as a purchasing manager at a timber and wood products company PT Budi Tamora Permai.
Co-founder and CTO of eFishery
Chrisna Aditya graduated with an Electrical Engineering degree in 2011 at Institut Teknologi Bandung, Indonesia. He founded a mobile app development business and ran it for one year. In 2012, he joined fellow ITB alumnus Gibran Huzaifah to set up aquaculture startup PT Multidaya Teknologi Nusantara. The company later launched the eFishery automatic fish feeder system.
Chrisna Aditya graduated with an Electrical Engineering degree in 2011 at Institut Teknologi Bandung, Indonesia. He founded a mobile app development business and ran it for one year. In 2012, he joined fellow ITB alumnus Gibran Huzaifah to set up aquaculture startup PT Multidaya Teknologi Nusantara. The company later launched the eFishery automatic fish feeder system.
Co-Founder of Zhen Robotics
Co-founder of Zhen Robotics. Born in Hong Kong, he has a bachelor’s degree in Computer Science from the Chinese University of Hong Kong and a master’s degree in Innovation, Entrepreneurship & Management from Imperial College London. Prior to founding Zhen Robotics with his schoolmate Liu Zhiyong, he worked for a Fortune 500 technology company in Hong Kong.
Co-founder of Zhen Robotics. Born in Hong Kong, he has a bachelor’s degree in Computer Science from the Chinese University of Hong Kong and a master’s degree in Innovation, Entrepreneurship & Management from Imperial College London. Prior to founding Zhen Robotics with his schoolmate Liu Zhiyong, he worked for a Fortune 500 technology company in Hong Kong.
Co-founder and CEO of Orange 100
Prior to co-founding Orange 100, Leng ran a company that provided creative PR ideas to shopping malls. He also worked for Baidu's C2C e-commerce platform youa.com, which was subsequently integrated into leho.com. Leng has significant experience in business operations, marketing, sales and business development.
Prior to co-founding Orange 100, Leng ran a company that provided creative PR ideas to shopping malls. He also worked for Baidu's C2C e-commerce platform youa.com, which was subsequently integrated into leho.com. Leng has significant experience in business operations, marketing, sales and business development.
Founder and CEO of Haoyiku
Wu worked at Alibaba from 2005 to 2014, where he served as general manager of bargain deal site Juhuasuan and founder of Taobao Open Platform. In 2015, he launched online grocery retail platform Shandiangou (also known as 52Shangou) with fellow former Alibaba employee Wang Yongsen. In 2017, Wu left Shandiangou to found Haoyiku.
Wu worked at Alibaba from 2005 to 2014, where he served as general manager of bargain deal site Juhuasuan and founder of Taobao Open Platform. In 2015, he launched online grocery retail platform Shandiangou (also known as 52Shangou) with fellow former Alibaba employee Wang Yongsen. In 2017, Wu left Shandiangou to found Haoyiku.
CEO & Co-founder of Airhopping
Carlos Montesinos, 25, is Co-founder, CEO, and CPO of Airhopping, a digital platform that enables multiple-destination travel planning at the lowest possible price. Montesinos launched the company upon graduating from Valencia's EDEM Business School with a Bachelor of Business Administration. He also studied Business Administration at the Development University in Chile.
Carlos Montesinos, 25, is Co-founder, CEO, and CPO of Airhopping, a digital platform that enables multiple-destination travel planning at the lowest possible price. Montesinos launched the company upon graduating from Valencia's EDEM Business School with a Bachelor of Business Administration. He also studied Business Administration at the Development University in Chile.
Co-founder of Zaihui
Zhao graduated from the University of California, Berkeley in 2013 with a bachelor’s degree in Computer Science. An award-winning product designer, he worked at VMware, LinkedIn and Totango from 2013 to 2015. Prior to joining Zaihui in 2015, Zhao ran a startup of his own on the social networking app Sobrr.
Zhao graduated from the University of California, Berkeley in 2013 with a bachelor’s degree in Computer Science. An award-winning product designer, he worked at VMware, LinkedIn and Totango from 2013 to 2015. Prior to joining Zaihui in 2015, Zhao ran a startup of his own on the social networking app Sobrr.
The edtech startup formerly named Squiline hopes greater fluency in English can boost Indonesia's creative and tourism sectors
Indonesia 2021 outlook: VCs "cautiously optimistic" on Southeast Asia's largest country
Investors expect Indonesian startups to regain their growth opportunities when the economy reopens with the Covid-19 vaccine rollout, even as some online living and working habits have stuck
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
Amid Covid-19 gloom, some bright spots in Portugal's tech startup scene
Despite a recession and doubling of the unemployment rate forecast this year, it's not all bad news for the Portuguese tech ecosystem
Jesús Encinar: The Man Behind Idealista and 11870.com
Entrepreneur, angel investor and down-to-earth idealist
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”
Medigo teams up with Indonesian Medical Association to launch primary care clinic network
Medigo aims to support healthcare operators with its clinic management SaaS, booking and medical records app for patients and more
Get fit and healthy with these Indonesian wellness startups
The wellness lifestyle trend continues to grow in popularity in Indonesia, and startups want a piece of the action
HighPitch 2020: Waste management play Octopus, digital concierge service Izy win Makassar battle
Both startups have scored strong traction despite the weight of Covid-19; they are also expanding and keen to explore new opportunities
Amid IPO talk, Meicai continues to push for growth in bid to become China's Sysco
Covid-19 helped speed up expansion to the B2C market for Meicai, China’s most valuable agrifood tech unicorn founded by a farmer’s son
In Spain, women are busy launching startups
Official data show women-led startups are on the rise in Spain. We take you to some of the biggest names in the game
No dine-in, no problem: Hangry’s cloud kitchens thrive amid Covid-19
Learning from global F&B franchises has helped Hangry expand rapidly, maintain quality and set expansion goals despite the pandemic
Healthy eating: The Southeast Asian startups making it a breeze
From meal plans to novel ingredients, agriculture and foodtech startups in the region are developing new ways to improve nutrition without sacrificing taste
Spain's gig and sharing economy startups flourish, despite barrage of restrictions
Startups like Glovo and Spotahome topped fundings raised in 2018 despite local regulatory risks, as Spanish tech firms conquer overseas markets
F&B supplier STOQO collapses, a casualty of Covid-19 restaurant closures in Indonesia
A once promising startup, STOQO's woes reflect the challenges faced by the local F&B industry, which is finding new ways to stay afloat
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