Start-up cases test line between failed bets and criminal acts
The case centers on US$25 million in investments made between 2019 and 2023 by BRI Ventures and MDI Ventures, the venture capital arms of state-owned firms BRI and Telkom, respectively, into agritech start-up PT Tani Group Indonesia (TaniHub).
<Start-up cases test line between failed bets and criminal acts - Tech - The Jakarta Post>
Who stands to win or lose when Grab takes over Gojek
Analysts say a merger is increasingly likely. While institutional backers set to gain, millions of drivers and retail investors will likely lose out.
<Who stands to win or lose when Grab takes over Gojek - Tech - The Jakarta Post>
High Time for Digital Cooperation between Korea and Indonesia
In this regard, starting from the e-commerce field followed by sectors like the co-working space and the online travel, young and ambitious startups have been playing prime roles in taking initiatives to bring digital technology into reality.
What COVID-19 has showed to the Indonesian society has served a wake-up call to this irreversible trend of the digital Indonesia. There are yet pending issues to tackle in startup fever in Indonesia.
Recent startup boom across Southeast Asia
Startup boom deserves to be named as one of the hot issues in Southeast Asia these days. Startup markets across Southeast Asia have been rapidly gaining momentums.
As a matter of fact, locally born leaders of the digital economy such as Grab in Singapore which acquired the Southeast Asian business unit of Uber in early 2018 have been credited for redrawing the conventional industrial map in the region. According to Tech in Asia, startups in Southeast Asia were awarded with as much as $10.9 billion in investment in 2018.
High Time for Korean Startups to Ride on Digital Fever in Southeast Asia
There are yet pending issues to tackle in startup fever in Southeast Asia. Poor IT infrastructures in non-urban areas, shortage of high-skilled work forces and widespread financial illiteracy have chronically taken roots in most parts of Southeast Asia.
With the exception of Singapore, capital markets and legal and institutional systems for startups in the region aren't well devised and developed as well. However, venture capitals, symbols of adventurous money would remain indifferent unless they feel confident of more gains than losses by stepping into the digital frenzy in Southeast Asia.
High Time for Digital Cooperation between Korea and Indonesia
Consequently, as many as 11 unicorns, privately held startup companies valued at over $1 billion, have emerged from various industries such as the mobility, the e-payment and the online game. It is Singapore and Indonesia which has been spotlighted the most for the startup frenzy in Southeast Asia.
The two countries have been in the forefront of the development of the digital economy in the region. Singapore has been recognized to incubate the advent of the digital era with its strong commitment to innovation while Indonesia has been viewed to beef up the digital fever based upon its presence as the most sizeable playground.
High Time for Digital Cooperation between Korea and Indonesia
As the world's biggest archipelago with 17,000 or so islands, Indonesia has been comprehended to have little choices but to rely upon online or mobile platforms powered by ICT (Information and Communications Technology) to have more people advantaged from the convenience and efficiency of the digital economy.
In this regard, starting from the e-commerce field followed by sectors like the co-working space and the online travel, young and ambitious startups have been playing prime roles in taking initiatives to bring digital technology into reality.
Recent startup boom across Southeast Asia
This could explain why global investment experts have been paying closer attention to this area where the youth covering roughly half of the whole population are climbing on the brand new era of the digital economy.
In this sense, it may not be too much to say that a rosy outlook on the startup fad in Southeast Asia is likely to be maintained for the time being.
Implication of Southeast Asia's startup fever for India to improve public services
This result clearly demonstrates the homework lying in the bottom of the Indian society. Startups armed with progressive social awareness can play significant roles in dissolving the messy fundamental public services especially those in education and health for the future of their country.
This is none other than a right time for startups in India should open their eyes to Southeast Asia and try to learn the best lessons from their neighbors.
Recent startup boom across Southeast Asia
To name a few, startups aiming for improving the productivity of aquaculture industries or producing eco-friendly shopping bags to offer publicly-customized solutions for Southeast Asia where primary industries still considerably counts are loomed large.
In addition, indigenous family conglomerates have joined the startup wave by setting up venture capitals and navigating business chances.
Recent startup boom across Southeast Asia
Startup boom deserves to be named as one of the hot issues in Southeast Asia these days. Startup markets across Southeast Asia have been rapidly gaining momentums.
As a matter of fact, locally born leaders of the digital economy such as Grab in Malaysia which acquired the Southeast Asian business unit of Uber in early 2018 have been acclaimed for changing the conventional industrial map in the region. According to Tech in Asia, a Singapore-based online technology media, startups in Southeast Asia enjoyed as much as $7.9 billion in investment in 2017.
Global eyes on startup fever in Indonesia
It seems that Indonesia has caught eyes of the global investment industry more actively than Singapore in the regional competition of startup waves. A growing number of venture capitals and startup incubators sense exceptional business opportunities of Indonesia especially in terms of the market size.
In fact, as the world's biggest archipelago with 17,000 or so islands, Indonesia has little choices but to rely upon online or mobile platforms to have more people advantaged from the convenience and efficiency of the digital economy.
Global eyes on startup fever in Indonesia
These advantages of the two countries, namely Singapore in quality way and Indonesia in quantity way, have been exercising salient powers in generating most notable startups in the region.
The fact that 8 out of 10 unicorns in Southeast Asia are headquartered either in Singapore or in Indonesia proves the significance of the two countries in the developments of the digital economy.
Recent startup boom across Southeast Asia
Startup boom deserves to be named as one of the hot issues in Southeast Asia these days. Startup markets across Southeast Asia have been rapidly gaining momentums.
As a matter of fact, locally born leaders of the digital economy such as Grab in Singapore which acquired the Southeast Asian business unit of Uber in early 2018 have been credited for redrawing the conventional industrial map in the region.
