recap Archives - Angin.ID

[RECAP] Project Alpha

Posted on August 16, 2018 | by David Soukhasing | Leave a Comment

Last Thursday (9th of August), Meredith from ANGIN attended an event by Project Alpha, a new early-stage startup incubator created via partnership between AWS (Amazon Web Services) and Seed Plus. They’re on the lookout for the next breakout story so sign up here if you think you have what it takes!

The event hosted three brilliant speakers: Dayu Dara Permata(SVP GO-JEK, Co-Founder of GO-LIFE), Ahmed Aljunied (GO-LIFE VP of Engineering and Product) and Norman Sasono (Co-founder and CTO of Bizzy), each with their own take on how to create a successful startup. It was a great opportunity to learn more about the various intricacies involved in startup founding and meet with a lot of important ecosystem players. We hope it was as informative and inspiring to the many budding startup founders who were at the event as it was to us.

[RECAP] Teja Ventures x ANGIN – Gender Lens Investing: The Largest Arbitrage Opportunity Across Asia

Posted on August 9, 2018 | by David Soukhasing | Leave a Comment

Freeware Spaces was packed with startup ecosystem players on Tuesday, August 7th, mingling over dinner and excited to learn about a burgeoning topic: gender lens investing. One of ANGIN’s very own angels, Virginia Tan, the founder of Teja Ventures, spoke on the fine details of gender lens investment and why investors in China are blazing the way forward on this risk-mitigation, profit-friendly investment thesis. Joining her were accomplished speakers from the startup and VC space: Melina Subastian of Alpha JWC Ventures, Dea Surjadi of Golden Gate Ventures, and Florian Holm, former co-CEO of Lazada Indonesia.

Here are a few key takeaways from the event:

Gender Lens Investment doesn’t just mean investing in female founders: You can invest in a male founder using gender lens as well. In fact, the entire founding team could be male. They just have to understand and effectively capture female users.
Industries with largely women consumers are highly lucrative: And that doesn’t just mean period apps and baby diapers. Fintech and lending are words that people don’t necessarily associate with gender, but makes sense to view under a gender lens. After all, women and men borrow for very different reasons – women usually to provide for their families and increase the well-being of their communities. And because of this and other factors, repayment rates are higher amongst female borrowers. This boils down to risk management, plain and simple. Are most of your borrowers male? That becomes a risk. Female? You might have a higher chance of survival as a lender.
The Chinese have gender lens investment down to an art: But funnily enough, “gender lens investment” is not a concept in China. Why? The Chinese are highly pragmatic and see business as business. If women-led businesses are less risky, if women-targeted industries are more lucrative, then money will naturally flow to these. It is already understood that, for instance, new mothers are some of the biggest spenders, and that women tend to spend heavily on education, for instance. That’s why edtech is hot in China. They just get it.
The Indonesian market may be early, which means now is the time: Gender lens investment is a relatively new concept in many countries, Indonesia being no exception. While others are not looking, it is the perfect time now to jump in and start investing in industries and startups previously unconsidered or overlooked.

Both ANGIN and Teja Ventures would like to thank every single person for coming to our event. We are excited to host more events like these for our network, to start dialogues, and to encourage further mingling and connections to be made. Stay tuned for our next event!

About Teja Ventures:

Teja Ventures is the first venture capital fund committed to investing with a gender lens across Asia. It will focus on investing in companies in China and South East Asia, leveraging on synergies between the two geographies. In addition to objective investment criteria, the gender lens it employs targets businesses which are either women-led, focus on women consumer-led markets, or which create positive impact on women in the wider ecosystem. The fund will focus on investment opportunities in the financial inclusion / fintech, consumption, edtech and content economy verticals.

[RECAP] Transformational Business Network Asia (TBN) Conference 2018

Posted on August 9, 2018 | by David Soukhasing | Leave a Comment

Another year, another fascinating and informative conference: ANGIN attended the Transformational Business Network Asia (TBN) Conference 2018, which was filled with amazing speakers, enterprises, and delegates from all over the world convening to discuss impact. Enterprises all over Southeast Asia came and exhibited their products and services in the expo area. From sustainability to fintech, crafts to food and beverage, it is clear that South East Asian enterprises are creative in ways beyond belief to deliver meaningful impact. Meanwhile, the ANGIN team was able to reconnect with international partners, friends, and contacts in the social impact sphere, discussing updates, progress, and new partnership ideas for the coming year.

ANGIN was also invited to attend a breakfast gathering organised by Global Accelerator Learning Initiative (GALI) that was organised alongside the TBN Asia Conference. The meeting was hosted by ANDE and Emory University to bring together accelerator and incubator programs in Indonesia and the South East Asia region to share information about different GALI initiatives and explore possible collaborations in the region. The room was filled with practitioners and expert from the region with diverse backgrounds.

About Global Accelerator Learning Initiative (GALI)

GALI is a collaborative research initiative between Emory University’s Entrepreneurship Database Program (EDP) and the Aspen Network of Development Entrepreneurs (ANDE). GALI’s goal is to better understand the impact, if any, of Start-up Assistance Organizations (incubators and accelerators) on the growth and success of start-ups. To know more about GALI, click here.

To read ANGIN’s two-part research on Start-up Assistance Organizations in Indonesia, click here for the first part and here for the second part.

[RECAP] Jakarta Tech Investors Night

Posted on July 30, 2018 | by David Soukhasing | Leave a Comment

A gathering of tech investors took place at Freeware Suites, Equity Tower on July 25th, 2018 – players ranging from prominent tech VCs such as Grupara Ventures, Alpha JWC, East Ventures, and Monks Hill Ventures, as well as representatives from Amazon Web Services and angels from the ANGIN network. The event was co-hosted by Freeware Spaces and ANGIN.

The evening was made lively by the investor community, who chatted about the year in deals, investment opportunities and outlook in Indonesia, and interesting startups at the moment. In addition, Freeware Spaces took the time to elaborate on their expansion plans, welcoming a new team member and revealing plans to strengthen core operations and community.

We thank Freeware Suites in taking the time to host this amazing event and welcome more investor gatherings in the future. It is always an amazing experience to gather together and share on how the investor community can work together towards a better-funded and ever-growing investment landscape in Indonesia.

Full list of organizational attendees:

ANGIN, Grupara Ventures, Alpha JWC, East Ventures, Amazon Web Service, Kolibra Capital, MDI Ventures, Openspace ventures, Kejora Ventures, GK Plug and Play Indonesia, Skystar Capital, Golden Gate Ventures, Incubate Fund, Venturra Discovery Fund, Gobi Partners, Mandiri Capital, Ideosource, Coffee Ventures, Venturra, SMDV, Patamar Capital, Monks Hill Ventures, Merah Putih Inc, Fenox Venture Capital, Spiral Ventures, Gree Ventures, Antler, Agaeti Venture, Vickers Venture Partners, PT Prasetia Dwidharma, PT Startuplokal, Convergence Ventures, Emasdigi, PT. MNC Tbk, OPI Digital Group, Seekmi, Stellar Kapital, Cyberagent Ventures, Syailendra Kapital, Intudo Ventures, Akseleran, Kravelist, Maskoolin

[RECAP] GNB Networking Party

Posted on July 20, 2018 | by David Soukhasing | Leave a Comment

On 19 July 2018, the ANGIN team met and mingled with investors and startups alike at the GnB Networking Party. The event was packed with multiple ecosystem players including VCs like Monks Hill Ventures and Skystar Capital, as well as the GnB Accelerator Batch startups. Each startup gave a short elevator pitch to the crowd and then proceeded to mingle with the rest of the room. The night was filled with discussions, laughter, and reconnecting, with many business cards exchanged.

GnB Accelerator is a collaborative program between Japanese IT company Infocom Corporation and Fenox Venture Capital from Silicon Valley. It is a global network dedicated to progress and innovation that brings together the people, the funding, and the partners that drive business velocity. We are happy to have worked with GnB in the past and to support one another in the ecosystem, and look forward to their coming startup Demo Day.

[RECAP] IDACB World Blockchain Roadshow

Posted on July 3, 2018 | by David Soukhasing | Leave a Comment

On Mon (2/6) ANGIN was invited to attend the World Blockchain Roadshow hosted by the IDACB (International Decentralized Association of Cryptocurrency and Blockchain) at the Mandarin Oriental in Central Jakarta.

The roadshow’s only event in Jakarta featured pitches by seven blockchain or cryptocurrency companies trying to raise money through a token offering.

Featured were:
AI Opinion, a company trying to use AI-based analysis to predict and diagnose patients’ scans
mycryptobank.io, who are trying to start a cryptocurrency bank,

xinfinity.io, a firm trying to create a cryptocurrency wallet that can be used everywhere,
Bundle Network, a platform that connects you to multiple exchanges,
7seconds.io, who are trying to build credit scores for their user in order to provide them with loans,
Agrotechfarm, who are selling climate-resistant plant incubators that grow at home,
and Bistox Exchange, a trading portal.

We look forward to more development in the blockchain world!

[RECAP] ARISE Conference 2018

Posted on May 2, 2018 | by angin

On Thursday (26/04), ANGIN was invited to the annual event hosted by Instellar, ARISE. ARISE is short for Awaken & Rediscover Indonesian Social Enterprises, and as it name suggests, it is an event that focuses on everyone who are making positive changes in Indonesia’s community and environment. This year ARISE raises the theme of “Impactful Technology For A Sustainable Future” and it was really insightful to see the discussions of the panelists in this event.

One of the highlights of this event is the launch of ASEAN Social Enterprise Structuring Guide in Indonesia which is developed together by British Council with United Nations ESCAP, Trust Law, Tilleke and Gibbins, and local partners in each country. The panelists consists of Ari Sutanti (Senior Programme Manager at British Council Indonesia), Gita Syahrani (Founder of Socolas), Nancy Margried (CEO of Batik Fractal), and Peter Ptashko FRSA (Director of Global Social Entrepreneurship Network). One of the key points from this discussion is how social enterprises in Indonesia has minimum access to regulatory framework information, hence making it difficult for them to operate. With the launch of this guide, we are hopeful that it will inspire support and growth of social enterprises in Indonesia.

Finally, the peak of the event was the Demo Day Rise Inc. Stars 4. 23 social enterprises were to present their pitch deck to a panel of judges and our very own Head, David Soukhasing, was one of the judges. ARISE is a platform for these Rise Inc. Stars to showcase their products and services. All 23 social enterprises presented their pitch deck for 3 minutes each and received substantial feedback from the judges. It was exciting to see the ideas of these social enterprises and how social impact drives them to do their business. We wish them all the best in their future endeavors!

[RECAP] GK-Plug and Play Expo 2.0

Posted on April 29, 2018 | by angin

One of the most hotly anticipated events all year, the GK-Plug and Play Expo 2.0 demo day on Friday, April 20 did not disappoint. Showcasing its Batch 2 participants, the event was comprised of both a tabling area where startups could showcase their products and services as well as a live pitching session. There, founders pitched to a mixed crowd of investors, startups, and institutional players on the Djakarta Theatre XXI stage. The startups showcased included: Cheers, Danabijak, IndoGold, Manpro, Datanest, Duithape, Periksa.id, Gringgo, Trukita.com, GandengTangan, and Weston. We are proud to say that two of these – Duithape and GandengTangan – are ANGIN portfolio companies.

Pitches were passionate and networking was lively – an excellent event for all who attended. ANGIN is excited for GK-Plug and Play Batch 3, which we are actively helping to source startups for. If you are a founder and would like to apply, please email nadira@angin.id with your updated pitch deck. Until next batch!

[RECAP] Pedals.ID x Connector.ID Branding Workshop

Posted on April 15, 2018 | by angin

Last Saturday (13/4), Meredith from Connector.ID and Nadira from ANGIN held their first workshop about branding in Bandung in collaboration with Pedals.ID. Titled ‘Brand or Bust: How to Build Your Brand & Stand Out to Investors’, the 2-hour long workshop was filled with young Bandung entrepreneurs who are keen on developing their own brand.
Some key takeaways from the workshop:

You need to know the reason behind why your brand exists. Why should anyone care about your brand? Define the problem statement that your brand will solve!
Clarify your unique selling point: what does your brand have that others don’t?
Find out how your brand can be ‘superior’ to other brands out there.
Define your users! You need to understand your target market in order to better cater their needs. The more specific the better. Creating user personas can help.
Don’t forget you need to be able to identify your brand & how it fits in the market. This means creating a thorough competition analysis and positioning your brand in the market.
Finally, build a brand message that is emotionally appealing so that people will remember your brand.

This is only the beginning of future workshops held outside Jakarta. We plan on creating more workshops for aspiring entrepreneurs out there in Indonesia and provide more mentoring and resources for them. Best of luck to the Bandung participants that attended the workshop; we hope to see you all soon!

Tag: recap