As Indonesia’s startup scene becomes more vibrant, new venture capital funds are popping up in Jakarta. Convergence Accel, the archipelago’s latest homegrown fund for early-stage startups, made its debut yesterday when it contributed to a US$1 million investment in Female Daily Network; a round led by local venture investor Ideosource.
Indonesia, Pakistan, Vietnam, the Maldives and Nepal are partnering with the World Bank to map out their most-promising locations for solar, wind, biomass and other renewable energy resources. The US$22.5m, five year project installs measuring stations and uses geographical information systems (GIS) to plot the solar and wind potential of regions. Pakistan is the most developed in this process, having commissioned a measuring station that was installed in Punjab province at the end of October.
Most technopreneurs in Indonesia have a positive outlook on the archipelago’s potential for new ecommerce enterprises. This much is evident as SoftBank and Sequoia Capital are handing out checks for US$100 million. But according to Albert Lucius, co-founder of Kudo, Indonesia’s ecommerce sector is hampered because less than 6 percent of locals actually own credit cards. Lucius describes his company as a tech firm that offers a new way to shop online through physical point-of-sale kiosks in public places around Jakarta.
As Indonesia launches a new open government platform, Kawal Menteri, FutureGov caught up with the developers to discuss its eye-catching features. These include rating ministerial performance, tracking government projects and even seeing how wealthy members of the government are.
Indonesia’s new president is an enthusiast for e-government, but he faces three key challenges: interoperability, skills shortages, and a small budget, according to the head of the e-government lab at Universitas Indonesia. The three tiers of government – central, regional and local – all have different IT systems that don’t interact, explained Dana Sensuse. “There is no integration among those applications. It’s a problem right now.”
Tech in Asia was monitoring the sales of Xiaomi’s Redmi Note on Lazada Indonesia today, and clocked the sell-out at just under four minutes. Moments later, however, Xiaomi’s VP of international Hugo Barra tweeted that the Redmi Note in fact sold out its stock of 10,000 units in less 40 seconds. In September, Lazada Indonesia and Xiaomi claimed their stock of 5,000 Redmi 1S devices sold out online in just seven minutes. This took a bit longer than the sale in India, which sold 40,000 phones in four seconds.
The Indonesian tax agency has recorded 90 per cent savings by using open source systems, it told FutureGov. “We spent only 10 per cent [with open source] compared to [the cost of] using proprietary systems,” Harry Gumelar, Director of Transformation and ICT, said. These savings come from cheaper maintenance costs and free licences with open source software.
Indonesia’s civil service management is still undergoing “radical” change to make the government more transparent and accountable, following changes that started in 2009, the National Civil Service Agency has told FutureGov. The government implemented a policy five years ago to make the whole process of government more transparent and accountable, and increase public participation, which Bima Haria Wibisana (pictured), Vice Chairman of the agency discussed in a recent interview.
Xiaomi’s VP Hugo Barra flew in to Indonesia’s capital city of Jakarta yesterday. The occassion? Launching the Redmi Note in the country. The smartphone touts a 5.5-inch 1280x720p HD IPS display, octa-core 1.7GHz MediaTek processors, 2GB RAM, Mali-450 GPU, 3,100mAh battery, 13MP back camera, and 5MP front camera. It is sold at Rp 2 million (US$164), a bit more expensive than the S$200 (US$154) and RM510(US$152) price tags in neighboring countries Singapore and Malaysia.
HarukaEdu, an Indonesian startup focused on online education, announced a series A investment of an undisclosed amount from Japan-based CyberAgent Ventures earlier today. The company released a statement saying that the new funds will be used to recruit team members necessary for the development of HarukaEdu’s infrastructure, featured courses, and online training.
TOKYO, Nov. 6, 2014 (GLOBE NEWSWIRE) — Internet Initiative Japan Inc. (IIJ) (Nasdaq:IIJI) (TSE:3774), one of Japan’s leading Internet access and comprehensive network solutions providers, today announced that it has reached an agreement with Biznet Networks (Biznet) to establish a joint venture in Indonesia. IIJ aims to enhance its existing cloud services in the ASEAN region. Biznet Networks (Indonesian name: PT. Supra Primatama Nusantara), headquartered in Jakarta, is a major communications services company in Indonesia.
Tokopedia surprised everyone yesterday when it set the record for the largest round of funding in Indonesian startup history. Moments after the news broke of the US$100 million investment from SoftBank and Sequoia Capital, Jakarta’s social media lit up with questions and comments as Tokopedia came under the spotlight. But this big news leaves a lot of room for speculation. There are two questions that the Indonesian tech scene is sure to be asking itself right now.
In what appears to be the largest round for an Indonesian startup on public record, online marketplace startup Tokopedia announced its approximate US$100 million financing round, led by Japanese conglomerate SoftBank Internet and Media Inc (SIMI). Sequoia Capital joined in as a follow on investor. With this round of funding, SoftBank and Sequoia Capital representatives will join the company’s board of directors. The funding also comes as Sequoia Capital’s first investment in Indonesia.
To achieve government’s ambitious target, private sector expected to invest aggressively in broadband roll-out. Indonesia’s government has set a target for of 70 per cent of urban households, and 100 per cent of urban office buildings, to have broadband access in the next four years. In the same period mobile broadband in urban areas is targeted to hit 100 per cent.
According to Indonesian news outlet Tempo , the local government launched a nationwide high-speed internet access initiative yesterday. The goal of the program is to boost economic competitiveness throughout the archipelago. Titled the 2014-2019 Indonesia Broadband Plan, it will require Rp 278 trillion (US$23.2 billion) in financing. Minister of the National Development Planning Agency Armida Salisah Alisjahbana claimed that the program will have a positive impact on locals by increasing work productivity and hopefully reducing economic gaps in the long run.
Local telco Telkomsel boasted the top Twitter engagement in Indonesia last month, according to a pair of reports from social media analytics firm Sotrender . Poland-based Sotrender aims to help businesses understand their social media impacts and make strategy decisions based on real-time data and reports. Its latest frontier is Indonesia. The reports include data on Facebook pages and Twitter profiles across nine categories: automotive, banking, beverages, cosmetics, ecommerce, fashion, food, technology, and telecommunications.
China-based mobile handset maker OnePlus is ready to enter the Indian market. Carl Pei, director of OnePlus Global, wrote on the OnePlus forums that a general manager for India has been appointed and business negotiations have materialised. Indian consumers will soon be able to purchase the OnePlus One handset. OnePlus announced its plans to enter the Indian market in late August. The identity of the company’s new GM for India is under wraps, but the company promises OnePlus One will launch by end of this month.
[Jakarta] Facebook founder Mark Zuckerberg pressed Indonesia’s incoming leader Monday to improve Internet access in the sprawling archipelago saying that his social media network and other sites can help boost the economy. Zuckerberg met president-elect Joko Widodo at his office in the capital Jakarta, before both men – still dressed in their suits – made a tour through the cramped alleys of a bustling textile market, mobbed by an enthusiastic crowd.
Youths in Makassar city, Indonesia, gathered last week at a hackathon to build web and mobile applications to tackle top urban challenges of the city. The winning application will be implemented by the city government. These 500 youths focused on Makassar’s key concerns, including unemployment, social security service, healthcare, education, waste management, free training and microfinance for small enterprises, city’s park, public housing, and law enforcement.