Finding the right path to profitability in Southeast Asia’s digital landscape
In recent years, the startup business landscape has experienced a challenging time, a so-called “tech winter,” a period when startups are facing a tougher fundraising climate and persistent inflation. This phenomenon has prompted startups to pivot towards building more sustainable business models focused on driving profitability.
Building Chickin: From farm to industry leader
Chickin began with three college friends sharing smashed fried chicken, an Indonesian regional cuisine called ayam geprek, and a passion for creating a real, positive impact in Indonesia: Tubagus Syailendra, Ashab Alkafi, and Ahmad Syaifulloh Imron.
Indonesian beauty firm turns US$40k investment into profitable business in two years
Around a decade ago, best friends Cindy Angelina and Kezia Trihatmanto studied together at Pepperdine University in Los Angeles. The two had known each other since childhood, and their friendship has sparked a revolutionary idea for the beauty industry in their home country of Indonesia.
Strengthening business fundamentals, Bababos is on the path to profitability
Manufacturing startup Bababos believes it is on the path to profitability (path-to-profitability) which is strong after focusing on improving business fundamentals through significant improvements throughout 2023.