Tag: angel investment

ANGIN Internship: Kampus Merdeka Program

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ANGIN (Angel Investment Network Indonesia) is one of the industries in Indonesia that support this program by cooperating with universities to provide internship opportunities for students. There are 19 apprentices named ANGIN Internship Program (AIP), they are from 17 different cities and 15 different universities. This program has been running for two months and will end on December 24, 2021.

In ANGIN Internship Program (AIP), all interns have been working and participated in several projects such as Kedaireka, DFAT, Tanoto, and INTRA. AIP Interns gained a lot of new skills in writing, analyzing data and communication strategy. Within this program they also got new knowledge and networking for their future career ahead.

In a fast-paced world, Generation Z must be able to keep up with technological changes, therefore they must compete with each other to collaborate and take advantage of increasing their knowledge and competence. The lack of opportunity to meet face to face due to the outbreak, especially in schools and workplaces, makes us unable to communicate effectively. Understanding this, the Minister of Education and Culture, Research and Technology of the Republic of Indonesia, Nadiem Anwar Makarim decided to run the Merdeka Belajar – Kampus Merdeka (MBKM) program in a various forms including internship program, as a form of government assistance for students quality growth. In particular, this internship program will guide students in understanding the work environment system and prepare them for the work environment in the future.

Download here for the full report!

Wirausaha Hijau: New Program Launched by ANGIN

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About Wirausaha Hijau Program

Supported by Ford Foundation and the Ministry of Home Affairs Republic of Indonesia, ANGIN is proud to launch the “Wirausaha Hijau” program. The program aims to unlock and accelerate growth for early-stage Indonesian entrepreneurs by enhancing access to impact investment coupled with 1-on-1 mentorship with value chain experts.

Over the course of 12 months, selected entrepreneurs will get access to funding from trusted investors, structured mentorship from experts and practitioners, as well as access to partnership networks as needed. Wirausaha Hijau targets entrepreneurs who are at the post proof-of-concept stage and have innovative solutions to solve cross-cutting challenges in the agriculture, agroforestry, and food systems value chain.

Event Recap

Wirausaha Hijau program was officially launched on Wednesday the 6th of October 2021. The launching event was held online and featured welcome speeches from key stakeholders, namely Alexander Irwan (Director of Ford Foundation), Sri Purwaningsih (Secretary of Directorate General of Regional Development at Ministry of Home Affairs), and Director of ANGIN Foundation, Saskia Tjokro.

Event audiences gained valuable insights from the two panel discussions that boasts key stakeholders Ahmad Dading (Director for SME and Cooperative Development at BAPPENAS/Indonesian Ministry of National Development Planning), M. Pradana Indraputra (Special Staff of National Entrepreneurship Development at Minister of Investment/BKPM), Diva Tanzil (Sustainable Finance Consultant at Rabo Foundation), and outstanding start-ups and entrepreneurs; Dien Wong (PasarMikro), Natalia Rialucky (TaniHub), and Rendria Labde (Magalarva). 

The panel discussions tackled a variety of topics from the current state of the investment and regulatory ecosystem in Indonesia, to the journey and challenges faced by entrepreneurs and impact investors, followed by a presentation by ANGIN’s Impact Investment Lead, Benedikta Atika on the program mechanism and call for proposal.

What’s Next?

The event was just a kick-start to the exciting activities to come. ANGIN is currently calling for applications from entrepreneurs, and are keen to engage with potential investors and other partners to collaborate!

Learn more about Wirausaha Hijau

Evo & Co. Secures Seed Funding from ANGO Ventures

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Evo & Co, Indonesia’s leading group of brands that focuses on providing solutions to end plastic pollution secures an undisclosed amount of seed funding from ANGO Ventures. ANGO Ventures is an early-stage venture capital led by one of ANGIN’s clients, Mariko Asmara. The seed funding will be used for working capital purposes. 

Founded in 2016, Evo & Co. began with groundbreaking innovation from seaweed called Ello Jello edible cup, produced by their first brand, Evoware. After winning numerous awards and gaining demands, Evo & Co. determined to expand the business by offering a wider range of solutions, which were marketed under their second brand Evoworld. Under the leadership of CEO and founder, David Christian who was also featured as Forbes 30 under 30, Evo & Co. is also actively promoting sustainable lifestyle through our collaborative movement: Rethink Campaign.

Find out more about Evo & Co and visit their website www.rethink-plastic.com

About ANGO Ventures

ANGO ventures is a venture capital company that focuses on businesses that have social impact and profitability. The founders are notable entrepreneurs and investors, Mariko Asmaraand  Andy Gozali.

In 2015, she stepped down as CEO at JAC Recruitment and embarked on her angel investing journey. Six months later, she made her first investment in an Indian women’s safety app and co-founded Ango Ventures, a venture capital firm. Currently, Mariko Asmara took on the role of President at JAC Recruitment.

Get to know more about ANGO Ventures and visit their website here

WAIGAYA STAGE INTERNATIONAL LEADERSHIP & INNOVATION FESTIVAL 2021

International Leadership and Innovation Festival 2021 is here! Our Managing Director, David Soukhasing will share his thoughts and experience in Startup Waigaya Stage on the topic of “Investing in Early Stage Startup” Session. ANGIN is escited to share the floor with @baliinvestmentclub and @umgidealab.id !

“GET YOUR FREE TICKET NOW!”

To Claim your ticket visit our website : www.ilifest.co
or click this link : http://bit.ly/ilif2021

Join the FB Group : International Leadership & Innovation Festival 2021

[RECAP] ANGIN Pitch Luncheon January 2019

Posted on | by David Soukhasing | Leave a Comment on [RECAP] ANGIN Pitch Luncheon January 2019
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Last Wednesday (January 30, 2019), ANGIN organized its flagship event, ANGIN Pitch Luncheon at WeWork Revenue Tower, Jakarta. Four startups were selected by our angel investors (based on voting systems) to present their businesses. Each startup had 5 minutes pitching time, followed by 10 minutes Q&A and feedback session with investors.

This event was well attended not only by our angel investors but also our venture capital friends, such as East Ventures, MDI, Skystar Capital, Monks Hills, Venturra, Convergence, Prasetia Dwidarma and Patamar Capital. The event was concluded with lunch and networking session. 

The four startups who pitched were:

  • Mallness: An Online to Offline platform (O2O) enabling mall tenants (retailers) to increase their offline customer outreach. It allows retailers to engage with customers through location-specific deals and promotion. Using data analytics, it also provides customer behaviours data, leading to better sales. Additionally, Mallness aims to enhance visitors’ shopping experience by helping them to navigate available deals, providing app store directory with user reviews, and online product catalogues. 
  • Buahhatiku: A product retailer focusing on maternity and baby products for middle-lower customers. It offers good quality products at affordable prices, something that appears to be lacking in the current market. Their products include breast pumps, women underwear collection, halal baby diapers, etc. In addition to producing their own brands, Buahhatiku also sells products from various brands on its e-commerce site. 
  • DepeKu: A p2p lending platform focusing on property down payment fulfillment. It targets middle-lower borrowers who experience difficulties in securing capital for a down payment from conventional financial services. As DepeKu tracks borrowers’ historical installments, it helps them to build a solid historical financial record and increase their chance to secure a mortgage (i.e., KPR or KPA) from other financial institutions. 
  • Greenery: A Jakarta-based healthy food eatery and catering. Using only locally sourced organic ingredients, it serves a range of healthy bowls, wraps and beverages for middle-high affluent customers who are aware of their health and fitness. Greenery ensures that their products are free from artificial and dangerous ingredients and approved by a certified nutritionist onboard. It has opened its first outlet in Senopati, Jakarta.

Find photos from the event here.

[RECAP] ANGIN Pitch Luncheon November 2018

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November 28, 2018: ANGIN had the opportunity to once again host its Monthly Pitch Lunch, which was held to showcase four up-and-coming startups – Shipmall, Shox, Coverwatch, and EmpatKali – to ANGIN’s angel investors, as well as several venture capital firms and other ecosystem players.

A short recap of the startups:

  1. Shipmall is an O2O platform that uses affiliate marketing to promote merchant’s products to customers. With the Shipmall affiliate program, partners can help merchants to sell their products.  Merchants will be able to sell their products more effectively and ultimately receive an increased number of sales. The customer will feel comfortable buying products in Shipmall because it is the original and best possible price on the market and most importantly is based on recommendations from friends, family, and influencers. Shipmall’s partner will get commission on every transaction that happens through their referral. Other than that, they will be trained and mentored to be a professional affiliate partner.
  2. Shox is a solution that uses computer vision artificial intelligence, where users can take a screenshot of a product in order to get the look. Users can search all retailers and brands on social media by taking a screenshot of the item. After the screenshot, the user taps on instant-notification sent by Shox, in 3 seconds our CV AI engine finds the items that are in the screenshot and gives the user the online address of where to buy them. Think about a mix of Shazam and Skyscanner model for the fashion retail industry.
  3. Coverwatch is a SaaS solution for insurance claims management while helping insurers, hospitals and TPAs to digitise the entire claims journey from patient registration to financial reconciliation. This enables Coverwatch to harness the only real-time health data in SEA, to become the “Google Analytics” for Health. By using Coverwatch the cost to administer a policy and claim will be reduced by 80% and Fraud can be reduced to <1%.
  4. Empatkali is a P2P lending services that hopes to address Indonesians lack of available credit with their zero interest based model. It delivers a fast and reliable instalment solution – interest free using a mobile platform.  Fashion retailers can get the sale now without having to collect money later. EmpatKali pays retailers the full amount of the purchase, shouldering the risk of default, while  allowing customers to receive their purchase instantly and spread the total cost over four repayments. There is no upfront membership or regular account fees.

Each startup had 7 minutes to pitch to investors, and received 5 minutes of Q&A and feedback. Afterwards, attendees had a chance to network and mingle with each other over a delicious lunch served by Burgreens. ANGIN is happy to have seen such a large turnout of investors attend our flagship event and we are excited for more to come.

[UPCOMING] Panel discussion : Powering Economies by Investing in Women

Women’s World Banking, Bill & Melinda Gates Foundation and Australia’s Department of Foreign Affairs and Trade cordially invite you to attend a panel discussion on :

“Powering Economies by Investing in Women”

Event detail:

Panel: 4:00 PM-5:00 PM
Reception will follow until 6:00 PM
Date: Friday, October 12, 2018
Location: The Velada Restaurant at Westin Resort Nusa Dua, Bali, Indonesia

Featuring :

  • Dr. Ngozi Okonjo-Iweala – Chair, GAVI, Honorary Co-Chair of Women’s World Banking’s Africa Advisory Council
  • Sarah Hendriks – Director, Gender Equality, Bill & Melinda Gates Foundation
  • Ceyla Pazarbasioglu – Vice President for Equitable Growth, Finance and Institutions,World Bank Group
  • Taimur Baig – Chief Economist, DBS Bank,Member of Women’s World Banking’s Southeast Asia Advisory Council
  • Mary Ellen Iskenderian – President and CEO, Women’s World Banking

RSVP HERE

Please note that this event is held within the security perimeter of the World Bank/IMF meetings, and requires a registration pass to attend the World Bank/IMF fora accordingly.

Questions? Contact rh@womensworldbanking.org

[RECAP] Launch GoStartupIndonesia

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Last Thursday, 6th Sept 2018, Valencia from Angel Investor Network Indonesia (ANGIN) was invited  to witness the launch of GoStartupIndonesia platform by Indonesia Creative Economy Agency (Bekraf) and Indonesia Stock Exchange (BEI).

Also known as “Government Support for Startups in Indonesia”, it is a common spirit and movement to accelerate the growth of ecosystems that are conducive to startups in Indonesia, especially in the creative economy sector at various levels of the startup cycle. The platform was also a follow up  form of support and development of creative economic startups to encourage access to capital for startup through GoPublic.

In addition, the platform also focuses on boosting the growth of the local investor to invest in local startup.  Through Investor Relation Unit, it will be one of the GSI main concerns.

Here to find out more about GoStartupIndonesia.

[RECAP] B Corp Forum : Gotong Royong 2018

Posted on | by David Soukhasing | Leave a Comment on [RECAP] B Corp Forum : Gotong Royong 2018

 

September 3rd 2018 – David Soukhasing (Managing Director of ANGIN) was invited, to the B Corp Forum organised last week, to present about the funding landscape for social enterprises.

Quite new to the Indonesian ecosystem, B Corp is a certification for companies provided by the Non-Profit B Lab Institutions. Certification is given to companies that during the audit process are able to prove that their business process – from the supply chain, operational systems to products / services sold in the market – can have a positive impact and added value. The five aspects of concern in B Corp certification are governance, employees, environment, society and consumers. There are currently more than 2,600 companies from more than 60 countries have B Corp certification. As for Asia, B Corp has become a community consisting of 81 companies and spread in 17 countries. This number is up 10 times compared to 2014. While in Indonesia, there are two B Corp companies namely Percolate Galatic, a creative digital agency, and Danone-AQUA, a bottled drinking water (AMDK) company.

In its mission to grow the social and/or technology entrepreneurship ecosystem in Indonesia, ANGIN has developed its Advisory Services to service clients in understanding better the Indonesian ecosystem and solve operational challenges in achieving the SDGs. ANGIN has led several research works, strategic consulting missions and events for both domestic and international organizations. It was a good opportunity for ANGIN to share some of its views on the market. We mostly focused on highlighting the challenges and opportunity the impact investment landscape is facing. Some of the discussion points :

Challenges:

– Reliance on foreign capital

– Existence of several investment gaps

– Pipeline access and readiness

– Lack of exits and realized returns

Opportunities: 

Mobilizing the Domestic Capital

Growth of the SAO /enabling environment (See ANGIN research on that topic https://angin.id/angin-resources#angin-research )

Role of new capital providers to fund early stage deals (e.g. fintech)

New investment implementations being discussed (e.g. blended finance, first loss)

Please contact our team at contact@angin.id for the slides used during the presentation.

ANGIN’s Angel Investor: Pierre Martensson and Stig Traavik

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Welcoming our new Angels, Pierre Martensson and Stig Traavik

Pierre Martensson

Pierre is the former SVP & Head of International Expansion at Tapad. He successfully managed complex turnaround operations of large organisations in the US, APAC, Europe and South Africa within the Industries of Big Data, Social Media, Ad Tech, Retail, FMCG, Digital Media, Direct Sales, Telecom and e-commerce. He has experience in being CEO and Managing Director of multiple companies across sectors.

Stig Traavik

Stig is the former ambassador of Norway to Indonesia and ASEAN.  He has 20 years experience on the highest levels of international affairs, including as Chief of Staff in the Norwegian Ministry of Foreign Affairs. Stig is also a former Judo Olympian and six times national champion. He is passionate about sports for all, currently coaching the Indonesian Paralympic Judo Team.