The Indonesian Ministry of Communications and Information (Kemenkominfo) on Monday announced the 15 local startups that have been shortlisted into the third batch of its Startup Studio Indonesia incubation program which is set to run from September to December this year.
The startups will participate in a Founder’s Camp and 1-on-1 Coaching sessions related to product-market-fit for four months. The series of Startup Studio Indonesia programmes will culminate with Milestone Day at the end of this year, where startups have the opportunity to present their business models and achievements in front of industry stakeholders.
The shortlisted startups are:
1. AturKuliner
A B2B app to help Indonesian F&B businesses manage food costs. Based in Bandung, the startup aims to empower F&B Micro Small Medium Enterprises (MSMEs) to take full control of their food cost with an integrated industry-specific supply chain management solution.
2. AyoBlajar
An online learning app for K12 students in Indonesia. AyoBlajar is an edutech startup focusing on providing a more interactive learning method through live class format for K12 students across Indonesia.
3. Bicarakan.id
A marketplace for mental healthcare consultants in Indonesia. Based in Jakarta, Bicarakan.id is a place for Indonesians to discuss and find solutions to their problems with trusted counsellors.
4. Bolu
An online course and services platform to help Indonesians sell online. The Jakarta-based startup aims to help people sell online through courses that it makes and the services it offers.
Also Read: Forge Ventures closes US$22M debut fund targeting seed-stage startups in Indonesia, Singapore
5. Eateroo
A full-stack immersive social commerce platform for lifestyle and F&B in Indonesia. Based in Jakarta, Eateroo is a full-stack immersive social commerce platform for lifestyle and F&B. With the Eateroo app, communities discover brands through user-generated content. The company aims to revolutionise social selling for Indonesia by digitising the word-of-mouth experience.
6. Finku
Finku is a personal finance app focused in helping Indonesians manage their finances better by seamlessly getting a view of all their money in one place. Based in West Jakarta, the company works with other fintech platforms such as KoinWorks and Flip.
7. FishLog
A B2B fisheries cold chain network in Indonesia. From its base in Bogor, West Java, the startup aims to build the biggest nationwide B2B fisheries cold chain network.
8. Gajiku (Sampradaa)
A fintech app to give early-wage access to employees. According to the company, blue-collar workers in Indonesia typically live paycheck-to-paycheck without a “rainy day fund” for ad hoc expenses. Gajiku offers on-demand, early wage access to these enterprise employees. It work with employers to let them provide their workers access to money they have already earned without requiring them to wait for their regular payroll check or direct deposit.
9. Imajin
A marketplace for manufacturers in Indonesia. According to the company, it aims to help users to find the right manufacturers for their needs.
10. Keyta
A West Jakarta-based startup that builds conversational commerce tools with the goal to empower social commerce sellers. It helps sellers increase the productivity and efficiency of their business operations through an all-in-one keyboard application.
11. Powerbrain
Powerbrain is an energy management company that utilizes IoT and automation technology to optimize energy consumption in a building. Based in East Jakarta, it enables businesses to save energy costs with risk-free solutions. It also stresses that their solutions help save energy through a legal means. It counts leading brands such as Alfamart, Indomaret, and Campina as its clients.
12. KreatifHub
KreatifHub is a one-stop creative platform that connects consumers and businesses with freelancers in the Indonesian creative industry by facilitating transactions of creative services through its marketplace.
Based in West Jakarta, the startup said that there are currently more than 12,000 talents from the creative industry all over Indonesia that uses KreatifHub.
13. Sgara
A Bekasi-based one-stop platform for shrimp farming. The startup builds data-driven farm advisory and marketplace solutions for shrimp farmers.
Also Read: Ex-Grab Indonesia exec lands funding for his soon-to-be-launched personal finance app PINA
14. Soul Parking
The Jakarta-based solution provides an innovative parking management solution for businesses.
15. Zi.Care Hospital Information System with structured Electronic Medical Record (EMR) Sistem informasi rumah sakit digital Digitizing Indonesian Healthcare
Launched in 2020, Startup Studio Indonesia selected 15 startups out of 5,723 registrants.
It complements the ministry’s ongoing startup empowerment programmes such as 1000 Digital Startup Movement and Nexticorn.
Startup Studio Indonesia targets to generate 150 digital startups by 2024 who have the capabilities to scale up their business in terms of the number of users, total revenue, employment rate, and funding from Venture Capital.
By far, 35 early-stage startups in Indonesia have attended the programme in two batches.
For this batch, Startup Studio Indonesia invited notable names in the startup ecosystem such as Moses Lo (Xendit Co-founder), Christopher Madiam (Sociolla Co-founder), Fajar A. Budiprasetyo (HappyFresh Co-founder), Suwandi Soh (Mekari Co-founder), and Hiro Kiga (Wallex Co-founder).
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Image Credit: Startup Studio
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