Indo Tekno Podcast artwork

Indo Tekno Podcast

137 episodes - English - Latest episode: 3 months ago -

A podcast devoted to covering major trends that drive the Indonesian tech scene.

Technology indonesia technology internet start-ups venture capital ecommerce
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Episodes

Combatting Complexities to Home Ownership, End-to-End: Dayu Dara Permata of Pinhome

January 29, 2024 21:00 - 40 minutes - 27.8 MB

Dayu Dara Permata, a 2022 Endeavor Entrepreneur, joins the Indo Tekno podcast to discuss the "three barriers to home ownership" that her start-up Pinhome is focused on eliminating. "There's just huge information asymmetry in the market," she observes. Dara moreover estimates that 70-80% of homebuyers require financing to transact, and most have few means to secure it properly.  The third challenge relates to the sheer complexity and cost of any transaction, particularly in its final stages. ...

Deep in the Seaweed: Dodon Yamin of BANYU

January 24, 2024 04:00 - 28 minutes - 19.7 MB

Indonesia represents some 30% of global seaweed production, a market with the opportunity to grow to $26.15 B by 2028. Dodon Yamin, Cofounder and CEO of BANYU, joins the Indo Tekno podcast to discuss the company's end-to-end farm technology platform for Indonesia's seaweed farmers. BANYU's value proposition sits upon three pillars: 1) enhanced seedling availability for Indonesia's farmers, 2) the application of blockchain-based smart contracts in order to improve commercially an otherwise in...

A Musician Orchestrating Synergies Across Small Merchants: TJ Tham of tjufoo

December 18, 2023 21:00 - 45 minutes - 31.5 MB

Our latest Indo Tekno podcast guest, TJ Tham, comes from the relatively unorthodox background of a formally trained musician. TJ feels he is able to apply the more "right-brained" traditions of a musical upbringing across a number of facets in his role as co-founder of tjufoo, one of Indonesia's most successful "brand aggregators". Success in both roles depends upon a number of similar skills in TJ's mind. For instance, "music involves a lot of patterns." Similarly, identifying successful sm...

A Brand Builder Now Enabling an Entrepreneurial Ecosystem: James Prananto of Kopi Kenangan

December 11, 2023 21:00 - 25 minutes - 17.3 MB

James Prananto joins the Indo Tekno podcast to discuss the origins of his collaboration with fellow Kopi Kenangan cofounder Edward Tirtanata. "We wanted to prove that our model works...but the malls and landlords only wanted to deal with the big brands" in the early days. The pair's eventual success in raising high quality VC money helped solve this and other problems, raising Kopi Kenangan's profile and legitimacy. James and associates Fandy Cendrajaya and Christian Sutardi more recently fo...

Morphing the Mushroom into a Leather Alternative: Adi Nugroho of MYCL

December 04, 2023 21:00 - 27 minutes - 18.8 MB

Indo Tekno guest Adi Nugroho's technological experimentation with mushrooms began nearly 15 years ago. His first major breakthroughs in exploiting "mycelium" as a sustainable alternative came in the construction industry, where it proved itself to be lightweight, less pollutive, fire-resistant and have good insulation properties. Adi's current venture, MYCL, has gained impressive traction in major industries such as automobiles, fashion and furniture, all of which seek natural and sustainabl...

Improving Monetization for Indo's Online Authors: Ario Tamat of KaryaKarsa

November 27, 2023 21:00 - 26 minutes - 18 MB

The global e-book market totalled USD24 billion last year. KaryaKarsa founder Ario Tamat discusses the company's path to creating a viable self-serve online publishing platform, one of the first to enable significant monetization opportunities for Indonesia's writers, and creators of other sorts of media; from audio to video to comics to photographs. A talented musician himself, Ario and cofounders Pribadi Prananta and the late Aria Rajasa asked: "Why not create a platform where fans could g...

Still Plenty of Fish in the SEA and Around the World: Gibran Huzaifah

November 20, 2023 21:00 - 44 minutes - 30.6 MB

Gibran Huzaifah returns for the first time since his last appearance on the Indo Tekno podcast three and a half years ago to offer updates on the eFishery business and answer big picture questions on topics such as personal development, leadership and the nature of entrepreneurship in Indonesia. eFishery has grown meteorically, from serving 7,000 fish farmers as of our last episode in August, 2020, to more than 200,000 farmers today. Gibran recounts organizational growing pains centered arou...

Remedying Indo's Broken Credit Analysis Using AI: Wildiyanto Yawin of Finskor

November 13, 2023 21:00 - 23 minutes - 16.3 MB

"An entrepreneur must start from empathy for those people that feel the problem," shared  Wildiyanto Yawin, cofounder of SME credit analytics platform Finskor, "and by that motivation they bring  impact and help others by solving the problem. " Finskor is an AI company providing SaaS to automate and digitize the credit analytics process for Indonesia's SME's. With IDR600 trillion in credit needs that cannot be served by traditional banks, Finskor labors intensively to build enough trust to o...

Indonesia's High-Value Users & its Underserved: Sapna Chadha of Google & Florian Hoppe of Bain & Company

November 06, 2023 21:00 - 31 minutes - 21.5 MB

Indonesia's high-value users (HVU's) "spend almost 7x more than the average digital consumer in the country" states Sapna Chadha, VP for SEA and South Asia at Google. While addressing the needs of the "HVU" will remain critical, "almost twice the opportunity is with that of non-high value users," she added. "Three quarters of non-high value users say that they would engage if their barriers were addressed." Sapna and fellow guest Florian Hoppe, Partner and Head of Vector in Asia-Pacific, Bai...

Confronting Indo's Mother & Baby Problems, Holistically: Carina Lukito of Little Joy

October 29, 2023 21:00 - 33 minutes - 23.2 MB

Having come from a family background in budget hotels, Carina Lukito began as a serial entrepreneur in the consumer goods & services space. Instances of malnutrition amongst her nieces specifically propelled her to cofound Little Joy, which is Indonesia’s fastest-growing Mom and Baby brand for "the first 1,000 days of a child." Nearly 1 of 3 babies is malnourished, and there is still a ~50% child mortality rate under one year old. Stunting moreover among Indonesia's children remains high. Th...

Financial Markets Expectations & Outlook: Andy Tai of Goldman Sachs

October 24, 2023 01:00 - 22 minutes - 15.2 MB

Goldman Sachs Head of SE Asia investment banking Andy Tai returns to the Indo Tekno podcast to summarize how global financial markets currently view Indonesia's tech sector. With investor enthusiasm having waned across much of tech and emerging markets over the past few years, Andy specifically reflects on the unprecedented scrutiny placed on incremental marketing spend by Indonesia's leading tech start-ups - emblematic of growing insistence on profitability over growth-at-all-costs. He also...

The True Potential of Rural Digitalization: Ryan Manafe of Dagangan

July 31, 2023 21:00 - 26 minutes - 17.9 MB

Ryan Manafe joins the Indo Tekno podcast to discuss both the difficulties and long-term rewards of staying true to rural e-commerce. While many of Indonesia's "warungtech" platforms claim to focus on enabling commerce in Tiers 3 & 4, many invariably retreat to urban markets such as Jakarta and Surabaya, given higher population density, consumer tech savviness and digital connectivity. Dagangan, which Ryan cofounded 4.5 years ago, maintains a disciplined focus on Indonesia's rural markets, ho...

Why So Serious? Leigh McKiernon of Korn Ferry

May 29, 2023 21:00 - 30 minutes - 21.3 MB

“My articles (come) from a place of affection and empathy towards Indonesia”, says Leigh McKiernon, a leading headhunter in Indonesia. Leigh has cultivated a loyal social media following with his witty commentary on the big money, big personalities and big excesses that have resulted from Indonesia’s uninterrupted run in the tech space for the past decade. Leigh in one article humorously summarises an entirely fictionalised “Aplikaskars” awards event which he describes as “a glamorous even...

MSME Credit Scoring - All About Data, Data, Data: Christian Limawan of AIForesee

May 22, 2023 21:00 - 43 minutes - 29.8 MB

Christian Limawan joins the Indo Tekno podcast to discuss the mission criticality of sourcing truly relevant data, in order to properly serve Indonesia's tens of millions of underbanked MSME's. Unlike most emerging names in Indonesia's credit scoring space which analyze individual consumer credit worthiness, AIForesee has an exclusive B2B focus on the "productive segment" of enterprise, assisting financial institutions to improve lending to the country's MSME's. Christian reflects on the imp...

Credit Scoring - All About Data, Data, Data: Christian Limawan of AIForesee

May 22, 2023 21:00 - 43 minutes - 29.8 MB

Christian Limawan joins the Indo Tekno podcast to discuss the mission criticality of sourcing truly relevant data, in order to properly serve Indonesia's tens of millions of underbanked MSME's. Unlike most emerging names in Indonesia's credit scoring space which analyze individual consumer credit worthiness, AIFoersee has an exclusive B2B focus on the "productive segment" of enterprise, assisting financial institutions to improve lending to the country's MSME's. Christian reflects on the imp...

From Cypto to AI & Everything in Between: Pang Xue Kai of Untukmu.AI

May 15, 2023 21:00 - 19 minutes - 13.2 MB

Former CEO of leading Indonesian digital asset exchange Tokocrypto, Pang Xue Kai, joins the Indo Tekno program to discuss his latest venture, Untukmu.AI, which involves the application of artificial intelligence to online gift-giving in Indonesia. Synthesizing disparate elements such as a recipient's preferences, budget considerations, the specific occasion and numerous other factors; Untukmu.AI seeks to vastly improve discovery in the on-line purchasing process. A native Singaporean, Xue Ka...

Enabling Merchant Success Beyond the Marketplaces: Gery Nugraha of SnapLink

May 08, 2023 21:00 - 23 minutes - 15.9 MB

While Indonesia's leading e-commerce platforms have evolved massively over the past decade, many of the country's online merchants complain of the exorbitant fees they must pay the marketplaces, and the fact that they have little visibility into the customer buying from their storefront. Gery Nugraha and fellow cofounders Albert Theodore and Faza Fahleraz, all recent grads of ITB, offer "Checkout-as-a-Service", whereby their start-up SnapLink (formerly Payable) allows merchants to operate wi...

Coming DOOgether Around Digital Fitness: Fauzan Gani of DOOgether

May 01, 2023 21:00 - 28 minutes - 19.5 MB

With only 2.1% of the country's students deemed of “very active” physical fitness levels, seeking a digital means of improving access to wellbeing has achieved paramount importance in Indonesia. Fauzan Gani joins the Indo Tekno podcast to discuss his start-up DOOgether's integrated solutions for physical fitness, mental wellbeing and nutrition. Fauzan addresses how DOOgether has begun to differentiate its offering across Indonesia's Tiers 1, 2 and 3 markets. DOOfit is the company’s “Classpas...

A Chat aBot Indo AI: Irzan Raditya of Kata.ai

April 24, 2023 21:00 - 32 minutes - 22.3 MB

Founder Irzan Raditya joins the Indo Tekno podcast to address the profound deepening in functionality that the application of artificial intelligence (AI) has enabled to his earlier SMS-based digital assistant start-up YesBoss, in its 8+ year evolution into what is today Indonesia's leading chatbot platform, Kata.ai. With more than 170 paying enterprise customers, Kata.ai overlays generative AI to enhance Indonesia's near-ubiquitous use of "chat commerce" over platforms such as WhatsApp. Irz...

Indo's Insurance Market Tipping Point: Giacomo Ficari of LifePal

April 17, 2023 21:00 - 28 minutes - 19.6 MB

Indonesia is the fastest growing insurance market in the world. Giacomo Ficari joins us to discuss how his start-up LifePal seeks to remove many of the frictions and the inefficiencies associated with the traditional agent-driven approach, to apply more of a direct-to-consumer model for Indo customers. A member of the Lazada "diaspora", Giacomo discusses his journey from banking in London to various entrepreneurial roles in Southeast Asia, striking a complementarity with his three fellow cof...

EV motorbikes at EVery street corner: James Chan of ION Mobility

April 10, 2023 21:00 - 33 minutes - 23.1 MB

In the wake of the Indonesian government's announcement several days back that it would allocate 7 trillion rupiah (or $455.88 million) to subsidise electric motorcycle sales through 2024, we welcome onto the Indo Tekno Podcast James Chan, founder of ION Mobility, a company dedicated to "affordable, desirable, and sustainable mobility for everyone." The current share of "EV two wheelers" in new motorcycle sales in Indonesia remains below 1%. James believes that EV penetration of new sales co...

Heavy-lifting in Indo B2B e-commerce: Wynn Nathaniel of Proglix

April 03, 2023 21:00 - 23 minutes - 16 MB

The global B2B (business-to-business) eCommerce market was valued at US$17.9 trillion in 2021. That is over 5 times that of the consumer-oriented B2C market. Wynn Nathaniel joins the Indo Tekno podcast to describe what his start-up, Proglix, is doing to digitize and streamline Indonesia's massive trade in raw materials such as steel and industrial goods such as electrical supplies. Joining us from his temporary base in the San Francisco Bay Area, Wynn and the Proglix team are in the Jan-Apr ...

More Flexible Funding for Fintechs: Camille Krejci of 21yield

February 27, 2023 05:00 - 27 minutes - 18.6 MB

At a time when the overall funding outlook for start-up's in Indonesia has grown increasingly inclement, Camille Krejci joins the Indo Tekno Podcast to outline the novel ways in which his new fund, 21yield, extends loan agreements to fintechs in emerging markets more flexibly to help them grow their loan portfolio. Fintech remains the most crowded category in Indonesia, while the proper tools  to raise funds and lend onward for these start-up's remain scarce and ill-suited. Camille views the...

Neighborhood Commerce Reimagined: Marshall Silver of DekatKita

January 30, 2023 21:00 - 21 minutes - 14.5 MB

Indonesia boasts 25m neighborhood businesses, which represent an estimated 40% (US$450b) of the country's GDP. As part of our inaugural episode of 2023, Marshall Silver joins the Indo Tekno podcast to describe how his start-up DekatKita (meaning "near us" in Indonesian) is addressing growing discontent amongst local mom & pop stores, predominately in the food & beverage segment, with the high fees (20-30%) and disappearing subsidies of incumbent platforms such as Grab & GoTo. DekatKita has b...

Less Back-Slapping, More Profit-Making: Martyn Terpilowski of BVT

December 30, 2022 21:00 - 31 minutes - 21.4 MB

Martyn Terpilowski joins us for the final Indo Tekno episode of 2022. The Founder of Bhumi Varta Technology, Martyn discusses the challenges of building a leading start-up in the deep tech space in Indonesia, and sees wins with major accounts such as Astro as testament to BVT's strengths in digital mapping and other "less sexy" enterprise-oriented technologies. Martyn takes exception with what he perceives as having been a prevailing culture of "back-slapping" within the tech and VC world in...

Big Data Enhancing the Creator Economy: Raymond Au of TipTip

December 19, 2022 21:00 - 31 minutes - 21.8 MB

Raymond Au, the Chief Data Officer of TipTip, joins the Indo Tekno podcast to describe how big data has proved critical in opening up new venues of monetization for the creator economy, which earns over $104 billion dollars globally. TipTip is a recently funded monetization platform for content creators across Southeast Asia. Working with those generating content on YouTube, Instagram and TikTok, posting on e-commerce platforms, and publishing work through e-books and other channels; TipTip ...

The Tricky Tech-Media Relationship: Kristie Neo of DealStreetAsia

December 12, 2022 21:00 - 26 minutes - 18.6 MB

Kristie Neo, the Editor for Venture Capital coverage at DealStreetAsia, joins the Indo Tekno podcast to reflect on the highs-and-lows of an already storied career covering the tech sector in Indonesia and Southeast Asia. She describes as one of her proudest moments her widely profiled investigative exposé in which Kristie challenged a number of questionable assertions made by self-proclaimed unicorn, Filipino property developer Revolution Precrafted. Kristie laments the often contentious rel...

Translating Filipino Fintech Excellence to Indo: Mikko Perez & Adrian Lorenzo of Ayannah

December 05, 2022 21:00 - 38 minutes - 26.4 MB

Mikko Perez and Adrian Lorenzo of Ayannah tell the story of the company's journey as a non-Indo start up setting up in Indonesia during the pandemic, and its strong growth trajectory in spite of the lockdowns and the current economic slowdown. Ayannah’s digital “Lending as a Service” platform processes close to USD2m (IDR 30 billion) a month in loans while maintaining a 100% collection rate by partnering with cooperatives serving blue collar workers and MSME (warung/toko) entrepreneurs. They...

The "Optics" of D2C: Rama Suparta & Andrew Kandolha of SATURDAYS

November 21, 2022 21:00 - 20 minutes - 13.9 MB

Rama Suparta and Andrew Kandolha, cofounders of SATURDAYS, discuss Indonesia's leading Direct-to-Consumer (D2C) lifestyle eyewear brand. SATURDAYS has created its own streamlined supply chain in order to remove the massive middleman costs that the traditional industry is built upon. The company has pursued an "omnichannel strategy", with offline stores (famous also for their baristas), a website, mobile app and home try-on service, all fully integrated around the customer. The duo also addre...

Defusing a Climate Bomb: Louis Potok of Recoolit

November 14, 2022 21:00 - 28 minutes - 19.7 MB

Air conditioning (AC) emissions cause 13% of climate change globally. Indonesia, given its combination of strong economic growth and hot climate, is a massive emitter of freon and other global warming gases. Louis Potok, Founder of Recoolit, has built a technology-driven platform to enable the sale of high-quality carbon credits from refrigerant destruction. The solution engages with AC techs on the front lines and pays them to recover gas before they would otherwise scrap old units and vent...

Simplifying Banking & Payment Services: Jakob Rost of Ayoconnect

November 04, 2022 14:00 - 30 minutes - 20.8 MB

Jakob Rost joins the Indo Tekno podcast to discuss Ayoconnect's aggressive evolution from an initial focus on payments aggregation toward a more elemental Open Finance platform. A company he founded in early-2016, Ayoconnect is modelled around the premise that “every company will be a fintech company”. It offers broad fullstack solutions to any financial institution or tech company seeking to enter online banking and payments services quickly and comprehensively. Jakob also shares the backst...

The Silver Lining: Stephanie Davis of Google, Wai Hoong Fock of Temasek & Florian Hoppe of Bain

November 02, 2022 13:00 - 40 minutes - 28.2 MB

The three lead authors of the annual e-Conomy SEA report return to the Indo Tekno podcast to share further color on this seminal report on the state of the Southeast Asian digital economy. Stephanie Davis of Google shares deep analysis around the nature of slowing digital adoption growth in 2022, describing the massive shift amongst the region's  tech platforms from "acquisition to deeper engagement as a business model." Wai Hoong Fock from Temasek meanwhile reviews several mixed trends in p...

The XYZ's of Indo Climate Tech: Jonathan Davy of Ecoxyztem

October 24, 2022 21:00 - 27 minutes - 18.7 MB

Climate Tech investment set a record half globally in 2022 1H, with $26.8B in venture funding across roughly 970 deals. However, less than 2% of start-ups in Asia are climate-oriented, while the global average is 15%. Jonathan Davy of Ecoxyztem joins the Indo Tekno Podcast to discuss the criticality of Ecoxyztem's unique turnkey venture builder model to address Indonesia's under-developed Climate Tech sector, and the broader opportunity that his incubatees have across the developing world. J...

ESG & Tech?...Absolutely! Lauren Blasco of AC Ventures

October 17, 2022 21:00 - 16 minutes - 11.5 MB

Environmental, Social, and Governance (ESG) standards within tech are rapidly evolving from a "nice-to-have" to a "need-to-have". Fellow AC Ventures colleague Lauren Blasco, who leads the fund's ESG efforts, shares findings from a first-of-its-kind report co-authored with BCG which sets the first quantifiable ESG standards for Indonesia’s tech sector. Lauren views "risk mitigation, streamlining operations and identifying opportunities" as common benefits that tech start-up's cite in adopting...

Financing: Indo's Higher Education Bottleneck with Naga Tan of ErudiFi

October 10, 2022 21:00 - 26 minutes - 18.6 MB

Naga Tan, Co-Founder & CEO of ErudiFi, joins Indo Tekno to discuss solutions to Indonesia's extraordinarily depressed tertiary enrolment rates (~36%), one of the lowest in the region (eg: Thailand 60%, Singapore 90%). ErudiFi leverages alternative data to extend education financing in markets such as Indo and the Philippines (collective TAM of USD5b), in order to help increase enrolment and accelerate industry growth. Cash/informal loans often carry high interest rates while school internal ...

Technology to Lift the "Pemulung" to "Pelestari": Hamish Daud of Octopus

October 03, 2022 21:00 - 19 minutes - 13.2 MB

Indonesia generates approximately 6.8 million tons of plastic waste every year, according to the Indonesia National Plastic Action Partnership (or NPAP). Shockingly, almost none of this waste has been sorted in the past. Indonesian actor and presenter Hamish Daud joins the Indo Tekno Podcast to discuss his efforts to apply data analysis and entirely new practices in order to address Indonesia's deficient waste collection and recycling practices. Octopus, a start-up he cofounded with partner ...

A Dose of Payments Positivity: Vincent Iswara of DANA

September 28, 2022 20:00 - 33 minutes - 22.8 MB

Vincent Iswara, CEO and Cofounder of Indonesian payments platform DANA, discusses an encouraging cooling in competition in the space amidst recent pressures in the global financial markets. He also sounded an optimistic tone around prospects for industry profitability going forward. DANA payment volumes in 1H 2022 alone surpassed the company's full-year 2021 volumes. Vince also offers a compare-and-contrast between China and Indo's payments players. DANA boasts several strategic investors on...

Beef Rendang...Reimagined: Helga Tjahjadi of Green Rebel

September 20, 2022 17:00 - 25 minutes - 17.4 MB

Helga Tjahjadi, the Cofounder and and CEO of food Indonesian tech start-up making plant-based beef and chicken Green Rebel Foods, joins us to discuss how the country is optimally placed to see strong secular growth in the ongoing shift to alternative proteins. Helga discusses what it takes to build an entirely new consumer brand in 2022, one specifically embracing Indonesia and Asian roots. In addition to profiling several of Green Rebel's indigenous technological innovations such as "textur...

Tech & Politics - A Complex Relationship: Farina Situmorang of Pensieve

September 12, 2022 21:00 - 26 minutes - 18.2 MB

Pensieve Founder Farina Situmorang traces her deep interest in the application of advanced technology to politics and government to her fervour in supporting Barack Obama's campaign for the White House when she was studying in the US. Widely known as one of the architects of the successful digital campaign popularly known as “The Jokowi Effect”, Farina founded Pensieve in order to harness artificial intelligence (AI) and deep learning to assist governments in emerging markets with digital tr...

From Engineer to Founder: Ans Syuhada of Delegasi

August 22, 2022 21:00 - 20 minutes - 13.8 MB

Ans Syuhada, Cofounder and Tech Lead of SME accounting solutions platform Delegasi, walks us through a career built around software engineering, from his early days when Ans' and cofounder Okki Pratama's alma mater ITB began offering instruction in product management, to some 6.5 years running engineering and platform & data at leading aquaculture platform eFishery. A Y-Combinator Summer 2022 participant, Delegasi seeks to vastly simplify the accounting challenges of the small business owner...

The Big Picture with Kevin Aluwi

August 19, 2022 15:00 - 30 minutes - 20.8 MB

Gojek CEO joins the Indo Tekno podcast again in a wide sweeping discussion of his personal management philosophy, work-life balance, innovation in Web3 and crypto, and investing in a successful partnership with one's spouse.

The Big Picture: Gojek Cofounder Kevin Aluwi

August 19, 2022 15:00 - 30 minutes - 20.8 MB

Gojek Cofounder Kevin Aluwi returns to the Indo Tekno podcast in a wide ranging discussion of his personal management philosophy, work-life balance, innovation in Web3 & crypto, and investing in a successful marital partnership when both spouses maintain start-up leadership roles. Kevin specifically addresses his belief in “saying no to great ideas” and the importance of a company “proactively paying its debts”. Having recently wrapped up his role at the successfully merged GoTo, Kevin refle...

Do You Really Know Your Customer? Timothy Astandu of Populix

August 08, 2022 21:00 - 22 minutes - 15.4 MB

Timothy Astandu, CEO and Co-Founder at consumer insights platform Populix, offers an entertaining retelling of the company's origin story, before detailing Populix's attempts to deliver far deeper and more detailed consumer insights compared to the inefficient and problematic offline alternatives that have heretofore prevailed in Indonesia. Measuring "brand health and consumer behavior" are the two most urgent use cases; which moreover span all conceivable industries; from education to diver...

Liberating Auto Dealers of Working Capital Constraints: Pandu Adi Laras of broom.id

August 01, 2022 23:00 - 32 minutes - 22 MB

Pandu Adi Laras joins the Indo Tekno podcast to discuss age-old working capital challenges amongst Indonesia's ~50,000 SME used auto dealers, and what his start-up broom.id is doing to improve liquidity in the industry through easy access to capital using inventory as collateral. Indonesia’s used car market currently boasts $65B in yearly transaction value. broom.id's digitized solution offers quick approvals for short term working capital, addressing the industry's near-complete absence of ...

The Tier 2 & 3 Social Commerce Opportunity: Prateek Chaturvedi of KitaBeli

July 25, 2022 22:00 - 33 minutes - 23.4 MB

Prateek Chaturvedi, Founder and CEO of KitaBeli, joins the Indo Tekno podcast to deliver an extremely comprehensible tutorial on social commerce in Indonesia, both in terms of its similarities with neighbors China and India, and how it is evolving in turn quite separately from other markets. KitaBeli has eschewed Tier 1 markets such as Jakarta, instead choosing to fashion its offering around the unique needs of Indonesia's Tier 2 and 3 markets, where the platform successfully addresses both ...

The Arisan Renewed and Reimagined: Ardelia Apti of Mapan

July 18, 2022 21:00 - 21 minutes - 14.6 MB

PT Ruma's founding in 2009 marks one of Indonesia's first and most sustained initiatives to digitize the country's unbanked and underserved. Its Mapan platform offers fintech services through Indonesia's unique decades-old arisan, enabling local groups of women to come together and empower each other financially. Mapan CEO Ardelia Apti joins the Indo Tekno podcast to detail the specific workings of Mapan in spreading financial literacy, encouraging healthier fiscal behaviors with the woman o...

When Equity is Too Precious: Percy Hung & Brian Tsang of Choco Up

July 11, 2022 21:00 - 35 minutes - 24.3 MB

Revenue-based Finance (RBF) is a form of financing which already has an established track record in the West, but is only now enjoying broader adoption in markets such as Indonesia. Choco Up is a first mover in the category in Asia, targeting ASEAN's USD300b business funding gap. Choco Up cofounders Percy Hung and Brian Tsang explain that RBF does not require any of the dilution of equity raising, or the complications of traditional bank borrowing, and thus has become an increasingly popular...

Seamlessness for the Online Entrepreneur: Mulyono Xu of Desty

July 04, 2022 21:00 - 28 minutes - 19.4 MB

A 7.5 year veteran of the Alibaba ecosystem, Desty Cofounder & CEO Mulyono Xu lays out many of the challenges that Indonesian online merchants face trying to operate across countless incompatible systems. Desty seeks to collapse the host of largely unconnected e-commerce marketplaces, payment systems and logistics providers into one dashboard in order to minimize complexity for Indonesia's online sellers. Mulyono shares fascinating insights across topics ranging from his early days building ...

Grinding Toward Consumer Loyalty: Vico Lomar of Fore Coffee

June 27, 2022 21:00 - 16 minutes - 11.4 MB

Technology-based coffee chain Fore Coffee needs to "build trust" continuously with Indonesian consumers, according to CEO Vico Lomar. "Whoever builds that consistency for the people of Indonesia and Southeast Asia" will dominate the otherwise competitive landscape for coffee drinkers. A veteran of the F&B industry since the early-2000's, Vico describes the turn-around that he and the leadership team at Fore have been orchestrating since his arrival two years ago. The world's 40th heaviest co...

From Spoke-to-Hub: Reynold Wijaya of Modalku

June 20, 2022 20:00 - 27 minutes - 18.9 MB

Reynold Wijaya, Cofounder of regional SME lending leader Funding Societies (Modalku in Indonesia), joins the Indo Tekno podcast to discuss the importance of the 7+ years that the company has spent constantly refining its lending services as part of its game plan to enter into neobanking services for Indonesian and Southeast Asian enterprise. An apparent "spoke" to the broader neobanking "hub", Reynold argues that lending is the far-and-away the most challenging of SME-oriented services to ma...