News – From Portfolios
Setting sail for blue economy: Opportunities and challenges in building a maritime startup
The maritime industry has tremendous potential for growth and development. It is a complex sector that encompasses a wide range of activities, including shipping and logistics, fishing, and aquaculture. According to UNDP, the industry also plays a critical role in the world economy, accounting for 5% of global GDP, or estimated at US$ 3 trillion per year.
Fuse achieved more than US$ 200 million of GWP and 150 million policies for 2022
During the Grand New Office Opening event on 17th March, 2023, insurtech company Fuse announced more than 150 million policies, with GWP exceeding USD 200 million (IDR 3 trillion) being achieved in 2022. In terms of GWP and policies, it represents more than 200% and 360% growth when compared to 2021.
Indonesia’s Traveloka eyes sustainability demand as tourists return
Traveloka, Indonesia's leading online travel booking site, will roll out more sustainable travel options for users this year, the company's president told Nikkei Asia, as the tech unicorn aims to expand its share in Southeast Asia's growing market.
Turning your ideas on climate issues into real impact
Southeast Asia is currently on track to experience a 3°C warming, which goes beyond the target set by the Paris agreement to limit global warming to 1.5°C. This projection has significant ramifications for the worldwide market and the well-being of the Southeast Asian population.
Sneakerhead: Q&A with Richard Xia, co-founder and CEO of Novelship
Headquartered in Singapore, Novelship is an online sneaker and streetwear marketplace. Founded in 2018, the startup aims to create a safer buying and selling experience for streetwear and sneaker aficionados.
Post-pandemic travel tech: Q&A with Traveloka president Caesar Indra
Planning a trip in the post-pandemic era is tricky—one experiences the familiar excitement and promise of adventure, but mixed in with that is a sense of uncertainty. After the last two years, travel is no longer what it once was, with several businesses having been shut down and regulations constantly changing.
Indonesian cosmetics brands see opportunity in halal products
Companies offering halal cosmetics in Indonesia, the world's largest Muslim-majority country, are aiming to boost the international appeal of their products in Southeast Asia and beyond as they see potential in attracting more non-Islamic consumers.
Indonesian D2C beauty brands build foundation for regional expansion
In 2020, Indonesian beauty marketplace Sociolla expanded to its first overseas market – Vietnam. Like in its home turf, Sociolla Vietnam offers products from global brands like Maybelline and Neutrogena as well as South Korea’s Laneige. The marketplace also stocks cosmetics from Esqa, Avoskin, and Carasun – all Indonesian brands making their international foray.