indonesia's startup ecosystem & entrepreneur toolbox
TRANSCRIPT
UNSW Innovations
START UP IN INDONESIA
INDONESIA OVERVIEW
CONDITIONS IN INDONESIA
GENERAL PROBLEMATIC FACTORS
STARTUP BARRIERS
Startup community is not yet
established
Lack of mentors and funding
Not supported by most Universities
Preferense for foreign products/services
WHY INDONESIA?
OPPORTUNITIES• E-Commerce is growing rapidly• Over 60 million internet users in Indonesia• 250 million people
– 50%+ Under the age of 29– Tend to adopt tech products
• High Engagement on using social media• Market share is growing from 2013-2015• Jakarta is not the only market• Rapid Growth due its Market Population
INDONESIAN POPULATION(2000-2016)
INDONESIAN SUPPORT SYSTEM
INCUBATORIndigo Incubator
GEPI
Kolaborasi
Start Surabaya
Skystar Ventures
Inkubator Bisnis Primakara
Binus Startup
KLN PLay
ACCELERATORJakarta Founder Institute
Ideabox
DDB Accelerator
CO-WORKING SPACE
PRINTER & PHOTOCOPYOR SCANNER
WI-FI CONNECTION
COMPUTERS
MEETING ROOM
LOCKERS
DRINK
WORKSHOPS
BICYCLE
TELEVISION
GAME CORNER
TELEPHONE
WEST JAKARTA
Kedasi (Mon-Fri 09.00-20.00)Jl. Cempaka Atas no,24, Jati Pulo Tomang, 11420Price: AUD$3/hour or AUD$15/day
KejoraBarito Pacific Plaza Tower B, lt. 6, Jl. S. Parman, KAV 62-63, Slipi, 11410Price: Free (terms and conditions apply)
CAV Co-working Space)(Mon-Fri 09.00-18.00 ; 24/7 for startup)Dipo Tower, 11th Floor unit A, Jalan Gatot Subroto kav 51-52, 10260Price: AUD$200/mo/person
SOUTHJAKARTA
Conclave (Mon-Sun 08.00-16.00)Jl. Wijaya 1 No. 5C, Jakarta Selatan, 12170Price: AUD$5/hour ; AUD$20/day ; AUD$2500/year
Biline Space (Mon-Sat 08.00-20.00)Jl. Prapanca Raya No. 12/13, Jakarta SelatanPrice: AUD$10/day ; AUD$50/week
TierSpace (Mon-Fri 09.00-20.00; Sat 10.00-16.00)Jl. Bakti No. 10, Jakarta Selatan, 12180Price: AUD$3/hour ; AUD$22/day ; AUD$320/month
Kolega (Mon-Sun 09.00-21.00)Jl. Tebet Raya No. 53D Gedung Lima TigaPrice: AUD$2/hour (individu) ; AUD$100/month (team)
CoWorkInc (Mon-Sat 09.00-21.00)WIMO Building, 3rd floor. Jl. Kemang 1 no. 7, Jakarta 12730Price: AUD$5/2 hrs ; AUD$300/mo
CENTRAL JAKARTA
WorkOut (Mon-Fri 09.00-17.00)Jl. Pintu Lima, Kawasan Gelora Bung Karno Sports Complex, Jakarta Pusat, 10270Price: AUD$20/4 hours
Jakarta Digital ValleyMenara Multimedia, Jl. Kebon Sirih No.10, Jakarta Pusat, 10110Price: Free (terms and conditions apply)
TANGERANGSkystar Ventures Co-Working Space(Mon-Fri 08.00-21.00)Universitas Multimedia Nusantara, New Media Lt. 2 Jl. Scientia Boulevard, Gading Serpong, Banten, 15811Price: AUD$5/2 hours to AUD$1500/year
BALIHubud (Mon-Sun 24/7)Monkey Forest Road 88x Ubud, Gianyar, Bali, 80571+62 361978073Price: AUD$80 – AUD$375/mo
Lineup Hub(Mon-Sat 10.00-01.00 WITA)Sunset Permai 3, Jalan Sunset Road, Seminyak, Kuta (0361) 894750Price: AUD$ 20/day ; AUD$220/mo
The Sanur Space(Mon-Sat 06.00-22.00 WITA)Jalan Sekuta, Gang Seroja No. 2, Sanur, Bali, Indonesia +6281237401660Price: AUD$8/day ; AUD$150/mo
Kumpul(Mon-Sun 09.00-22.00 WITA)Rumah Sanur Jl. Danau Poso 51A 80228 Sanur, Bali, Indonesia +62361281739Price: AUD$45/wk ; AUD$250/mo
Wave Bali (Mon-Sun 10.00-18.00 WITA)Jl. Patih Jelantik, Komp. Istana Kuta Galeria, Kuta, (0361) 769072Price: AUD$5/day – AUD$50/mo
Dojo Bali (Mon-Sun 24/7)Jalan Batu Mejan No. 88, Canggu, Echo Beach, Kuta Utara, Badung, Bali, Indonesia +6281238166144Price: AUD$ 5/hour ; AUD$200/mo
Outpost(Mon-Fri 08.00-20.00 WITA)Jalan Raya Nyuh Kuning, UbudBali, Indonesia (0361) 972374Price: AUD$20/day ; AUD$370/mo
BALI
CITIES THAT SUPPORT STARTUPS
JAKARTA• Startup Weekend
– Bring together Jakarta startups to do amazing things such as pitching, feedback.
• Angel.co– Gives insight of Jakarta Startups companies, Angel investors, also startup
jobs– 400+ Startups– 5,000+ Investors
• Communities– #StartupLokalCommunity
• Support System– GEPI (Incubator)– Skystar Ventures– Binus Startup Accelerator– Jakarta Founder Institute (JFI)
Some of Major Cities that support Startups
BANDUNG• Bandung Digital Valley
– Develop Local Startup • StartupBandung.com
– Community Hub • Startup Support System
– Indigo Incubator– Kolaborasi– DDB Accelerator
• 70+ Startups• 5,000+ Investors
Some of Major Cities that support Startups
Some of Major Cities that support Startups
SURABAYA• StartSurabaya.com
– Helps young people to launch tech startups • 27 Local Startups• More than 5,000 Investors• Startup Community
– GerDhu– Surabaya Web Community on Facebook– Aksamedia
INDONESIA’S TOP STARTUPS
Indonesia’s Top Startups
Top 10 most funded Startups in Indonesia
WITH TOTAL FUNDING OF$100 MILLIONFUNDING STAGE: SERIES ECATEGORY: ECOMMERCE
WITH TOTAL FUNDING OF$22 MILLIONFUNDING STAGE:LATE STAGECATEGORY: ECOMMERCE
Top 10 most funded Startups in Indonesia
WITH TOTAL FUNDING OF$15 MILLIONFUNDING STAGE:UNDISCLOSEDCATEGORY: ECOMMERCE
WITH TOTAL FUNDING OF$12 MILLIONFUNDING STAGE: SERIES ACATEGORY: ECOMMERCE
Top 10 most funded Startups in Indonesia
WITH TOTAL FUNDING OF$8 MILLIONFUNDING STAGE: SERIES BCATEGORY: FOOD TECH
WITH TOTAL FUNDING OF$5 MILLIONFUNDING STAGE: SERIES BCATEGORY: ECOMMERCE
Top 10 most funded Startups in Indonesia
WITH TOTAL FUNDING OF$5 MILLIONFUNDING STAGE: SERIES BCATEGORY: MEDIA
WITH TOTAL FUNDING OF$3.21 MILLIONFUNDING STAGE: SERIES BCATEGORY: MEDIA
Top 10 most funded Startups in Indonesia
WITH TOTAL FUNDING OF$2.5 MILLIONFUNDING STAGE: SERIES ACATEGORY: MARKETPLACE& PLATFORM
WITH TOTAL FUNDING OF$2.5 MILLIONFUNDING STAGE: SERIES ACATEGORY: ECOMMERCE
FOREIGN STARTUPS IN INDONESIA
• William Tanuwijaya (Co-Founder Tokopedia)
• Ferry Unardi (Co-Founder Traveloka)
• Kevin Aluwi (Co-Founder Go-Jek)
• Achmad Zaky (Co-Founder BukaLapak)
• Kusumo Martanto (Co-Founder BliBli)
• Jason Lamuda (Co-Founder BerryBenka)
INDONESIAN STARTUP PEOPLE
“Government’s role is currently not too impactful to Startups in Indonesia” –
Rein Mahatma (Co Founder Startupbisnis.com, 2016)
Interviewed on 17 May 2016
Investors Based in Indonesia
Was founded by Andi S Boediman dan Edward Ismawan Chamdani, and developed by influential people in the world of technology, media, and telecommunications industry in Indonesia. This Incubator/Venture Capital focuses on media and e-commerce sector.
Portofolios: eEvent, Female Daily Network, Orori, TouchTen, Saqina, Kark.
This venture capitals can be classified as one of the most active investor that investing in Indonesia. Their portfolios are variative, including e-commerce, game, media, and educational startup. This venture was built by Batara Eto, Willson Cuaca, and Chandra Tjan, they are mostly investing on the early stages of a startups.
Portofolios: Tokopedia, AppsFoundry, PriceArea, Nightspade, Talenta, BerryKitchen, Berrybenka, Bilna, Traveloka, Livaza, Kudo, Otten Coffee
Contact: [email protected]
Phone: +62 21 2555 8425Mail: [email protected]:Citywalk Sudirman Bld., Cityloft Unit #2223Jl. KH. Mas Mansyur No. 121Jakarta 10220 – INDONESIA
Investors Based in Indonesia
Angel Investment Network Indonesia (ANGIN), was founded on 2012 and focuses on supporting the growth of early stage startups in the form of funding and mentoring. They support up to Rp 1,5 Billion (AUD$150,000) on startup.
Portofolios: Berry Kitchen, Margarite Nougat, Kakoa Chocolate
This Japanese-originated company have been investing their funds for Indonesian startup since 2011.
Currently, this company is interested in investing e-commerce startup area.
Portofolios: Touchten, Tokopedia, Kurio, HarukaEdu, Bilna, VIP Plaza.
Phone: +62-21 29866333Address: Dipo Tower, Unit 11A,Jalan Jenderal Gatot Subroto Kav51-52, Central Jakarta 10260
Phone: +6221 29885950Mail: [email protected]: DBS Tower, Ciputra World 1,Level 9. Jalan Prof. Dr. Satrio Kav. 3-5,Jakarta 12940
Investors Based in Indonesia
EMTEK is a group of Indonesian media conglomerate which also the holding company of Lakupon, NexMedia, SCTV, Indosiar, and O Channel. They currently seeking to search for digital sectors and offering a joint venture with Rumah.com, acquisitions, and investing in the e-commerce and gaming based company.
Portofolios: Bobobobo, Rumah, Karir, Artoncode, Bukalapak
This venture capital focuses on the early stage of a startup in Indonesia. This company developed by Manging Partner Adrian Li and Partner Donald Widhardja.
Portofolios: Indotrading, Qraved, MalesBanget, dan Female Daily Network
Phone: +6221 29718644Mail: [email protected]: H-Tower 18/FJakarta12940
Phone: +6221 72782066Fax: +6221 72782194Mail: [email protected] ;[email protected]: SCTV Tower. 18th Floor,Senayan City, Jalan Asia Afrika Lot 19,Jakarta 10270.
Potential Foreign Investors
Gree Ventures offices is located in Japan and Singapore. They interested to invest to the internet based industry and mobile, e-commerce, fashion, advertisements, and payment gateway companies. They provide funding of about US $ 50 million to be disbursed to the startup in Japan and Indonesia . VC is managed by Managing Partner Naoki Aoyagi .
Portofolios: PriceArea, Urbanindo, Luxola, Bukalapak, Berrybenka, Kudo
http://www.greeventures.com/en/
http://transcosmos.com/
Transcosmos is located in the US. They offer joint ventures, infrastructure development, strategic relationships, and localization to companies in the US technology sector. Transcosmos Investments focus on companies specializing in digital marketing , e - commerce and digital media. Portofolios: Luxola dan BerryBenka
Potential Foreign InvestorsRebright Partners was established in Tokyo with bases in Singapore and Japan. They funds the early stage company, and focuses in the field of e-commerce, social commerce, restaurants, and online media.Potofolios: Qraved, Indotrading, MalesBanget (MBDC Media) http://rebrightpartners.com/en/
http://goldengate.vc/
The investment company founded by Vinnie Lauria , Jeffrey Paine , and Paul Bragiel in 2011.This company is based in Singapore and provide funds for seed funding of up to Serie A.Portofolios: Bilna, Alodokter, IndoTrading
http://aucfan.com/
Aucfan is the only company in Japan that provides all the price data e -commerce in the three major markets , the United States , China , and Japan . The Japanese company is also participating in the e - commerce landscape in Indonesia , both B2B and C2C segmentPortofolios: Bukalapak, Indotrading
Startup Media in Indonesia
https://dailysocial.id/
http://startupbisnis.com/
http://startuplokal.org/
VISA APPLICATION
BUSINESS VISA3. Letter of recommendation from a sponsor in Indonesia.4. Letter of Employment & letter of recommendation from
the applicants firms in Australia (stating the duration and the purpose of the Visit as well as responsibility of accommodation/ maintenance costs/ living expenses).
5. Proof of permanent residence and/or valid Australian visa for non-Australian Citizen.
6. Please be advised that applicant with no proof of valid Visa may be suggested to obtain Indonesian visa from country of origin/country of residency.
7. For multiple business visas, please provide approval letter from Immigration Authority in Indonesia.
8. Evidence of sufficient funds to stay in Indonesia (last 3 months bank statement with minimum balance AUD 600/week staying in Indonesia and details name ). Please note if you are to stay more than 5 months in Indonesia, you have to provide proof of regular income.
9. Proof of a ticket in and out Indonesia, or a ticket to continue travel to another country.
10.Visa Fee for single entry AUS$70.00 and multiple entry AUS$165.00 are non-refundable and may be paid only by Money Order payable to Indonesian Embassy.
11.Visa is valid if presented within 90 days from the date of issuance.
Purpose: Attending convention, business meeting, workshopMaximum length of stay: 60 days
1. Passport (still valid at least 6 months from the date of entry) for single entry, and 18 months for multiple entries. Non-passport documents (such as Travel Documents, Certificate of Identity, and Certificate of Registration etc.) will not be accepted.
2. Two recent color Passport photograph.
Source: http://www.kbri-canberra.org.au/
VISA APPLICATION
Permanent Stay Permit
Additional documents:1. An application letter for obtaining the
Indonesian permanent stay permit (KITAP);2. Recent photographs of the applicant;3. Sponsorship letter & The Identification Card
of The sponsor;4. The applicant valid passport, The blue book
and The applicant Limited Stay Permit Card (KITAS);
5. Domicile Letter from the local Indonesian village office;
6. Conversion letter signed by the applicant;7. The applicant birth certificate;8. Legalized copy of the applicant marriage
certificate.
Purposes:1. Foreign Capital investment;2. An expert on particular fields;3. working as a company's top leaders;4. working as a clergy;5. To join an Indonesian wife or an Indonesian
husband;6. To Join his or her parents for a legitimate
child who holds a foreign passport or nationality;
7. To join a husband or a wife who is currently an Indonesian KITAP holder;
8. Minors joining his or her parents who is currently an Indonesian KITAP holder;
9. Regaining an Indonesian Citizenship;10. An elderly travelers
KITAS: INDONESIAN LIMITED STAY PERMITKITAP: INDONESIAN PERMANENT STAY PERMIT
This Project was made @
By: Jessica Christophera and Yonatan Kevin
under the supervision of Joshua Flannery