Indrasto Budisantoso, CEO and Co-Founder of Jojonomic, believes that an exceptional startup founder is one who recalls and transforms pain points occurring in the society into an all around platform that caters to solving matters of a specific field. Having spent a good portion of his career as a management consultant at an international firm that required him to travel extensively and often, Indrasto found himself drowning in the tedious and repetitive process of having to do reimbursements manually.
Regional logistics platform Luwjistik raises US$ 1.1 million in seed funding round led by East Ventures
Luwjistik, a Singapore-based startup specializing in e-commerce logistics integration, has secured US$ 1.1 million (approximately IDR 15 billion) in a seed round led by East Ventures, with participation from MDI-Finch’s Arise and Global Founders Capital.
Eko Group, which runs a mobile chat app for workforces, hopes to fill gaps in the so-called enterprise collaboration market left by the likes of Slack.
Market for SaaS products is anticipated to growth by 21.2% between 2018 and 2023, reaching as much as US$117 billion in value by the end of 2022.
The firms’ offline collaboration is showing the commitment of the two companies in increasing financial inclusion and encourage economic growth.
With this funding round, Jojonomic expands its shareholder base which now covers Europe, the US, Japan, Indonesia, and Southeast Asia.
Eko Communications’ Series B is earmarked for its ambitious global expansion plans to the UK, Ireland, Benelux, and the DACH region.
Moka provides retailers with powerful tools to start, run, and grow their business through its mobile POS, which can be downloaded onto any smart device.
Sampai hari ini, puluhan startup dari ranah fintech, lifestyle, food tech, SaaS, dan lainnya telah terdaftar sebagai peserta Startup Factory #TIAJKT2018.