Komunal expands Indonesia’s financial inclusion through digitalization in government and MSMEs ecosystems
Today, the adoption of the digital economy has increased tremendously outside Jakarta. Despite that, there is still a wide financial gap in Indonesia. This situation called for Hendry and his peers, Kendrick Winoto and Rico Tedyono to give birth to Komunal in 2018 with one vision in mind: to accelerate the country’s financial inclusion by eliminating the aforementioned gap.
Jojonomic amplifies enterprises’ efficiency through digitizing manual processes
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.
Aruna promotes fishermen’s welfare through a sustainable and fair ecosystem
Aruna promotes fishermen’s welfare through a sustainable and fair ecosystem
Waresix on connecting Indonesia’s fragmented logistics under a supply-and-demand aggregation platform
Inspired by the year he spent working in China during the e-commerce boom, Andree Susanto went back home and partnered up with Edwin Wibowo to create Waresix, a logistics tech startup.
Stockbit helps increase financial literacy and financial access inclusion through technology
Stockbit helps increase financial literacy and financial access inclusion through technology June 3, 2021 As an investment platform in Indonesia, Stockbit has a dual mandate: to increase the country’s financial literacy rate as well as financial access inclusion in order to amass more retail investors. According to East Ventures Digital Competitiveness Index 2021, the pandemic has provided momentum for fintech players to foster a batch of first-time investors through technology. Only two out of five Indonesians have adequate financial literacy, according to a 2019 survey by the Financial Services Authority (OJK). The survey, which involved [...]
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers
SIRCLO enables the growth of e-commerce in Indonesia, helps businesses to serve more consumers May 17, 2021 Growing up in Bandung, Brian Marshal, Founder and CEO of SIRCLO has come to notice one thing pertaining to the retail business. His hometown, Bandung in West Java, is known as the shopping destination, especially with its famous factory outlets spread all over the city. Offline shopping was the thing and people would spend hours shopping just to live every bit of the experience. Today, as technology becomes an inseparable part of lives, many brand owners from Bandung [...]
Pandemic accelerated digital transformation in Indonesia, making it more equal
Pandemic accelerated digital transformation in Indonesia, making it more equal March 23, 2021 East Ventures, a pioneering digital startup venture capital in Indonesia has launched the East Ventures Digital Competitiveness Index 2021. Today, the report is also available in English. This is the second year that East Ventures has committed to mapping out the development of the digital economy across Indonesia. Taking “Indonesia’s accelerating digital economic transformation” as this year’s theme, EV-DCI 2021 does not only provide in-depth data on various indicators related to the digital economy but also offers perspectives and insights from renowned [...]