Alan Hellawell

Halodoc, which is working with over 20,000 doctors and more than 4,000 pharmacies in Indonesia, has seen a sixfold increase in usage during the pandemic.

Now a massive marketplace with 90 million monthly active users and 9 million merchants, Tokopedia’s rise maps the evolution to a critical driver of growth for the Indonesian economy. 

Ajaib allows Indonesians to buy and sell stocks, ETFs, mutual funds, and other retail financial products, in a country that has one of the world’s lowest investment penetration rates.

eFishery has deployed tens of thousands of its IoT-based sensors as part of its “Feeding-as-a-Service” business model.

Indonesia, like China, is a huge mobile first market and there is also a good supply of venture funding; we can see future business models shape up like how they did in China.

Indonesia’s trucking sector is profoundly fragmented: 75% have 20 trucks or less and a massive amount of the USD 38 billion annual trucking spend disappears into a labyrinth of middlemen.

“The best VCs are those who are willing to give a slap to our right and left cheeks to wake us up.”

Kopi Kenangan has grown to more than 350 stores in less than three years, a scale that global juggernaut Starbucks took 23 years to achieve.