Name: Indonesia PE-VC Summit 2022 (VIRTUAL)
Start: 08/03/2022 12:00 AM +00:00
End: 09/03/2022 11:00 AM +00:00

Welcome note and lineup for the day&nbsp;
Joji Thomas Philip, Editor-in-Chief and Founder, DealStreetAsia&nbsp;
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Joji Philip

Welcome note and lineup for the day

Theodoric Chew, CEO and Co-founder, Intellect
Gita Sjahrir, Co-founder and CEO, RFitness
Khailee Ng, Global Managing Partner, 500 Global
Hian Goh, Founder, General Partner, OpenSpace (Moderator)
&nbsp;
Apart from the grave loss of lives and livelihoods across the world, the pandemic brought to the forefront social isolation, mental distress on account of punishing remote working schedule, career, job and financial uncertainty, fear, anxiety, screen fatigue and a whole range of issues millions of people grappled with.
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As conversations around mental health issues become mainstream and more and more people seek support, new digital platforms have emerged to address what was once a taboo subject. Mental health-focused digital platforms have been attracting funding, in what is seen as a sign of acceptance for solutions such as online consultations and diagnosis, counselling, coaching, among others.
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At the same time, the startup ecosystem has been feeling the pressure as founders and key stakeholders grapple with a range of issues from FOMO to the stress around building a successful venture to fundraising to meeting employee expectations, achieving work-life-health balance and having to take tough calls such as layoffs or business closures, among others.
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We have a diverse mix of panelists who will share their candid thoughts and perspectives on some of these challenges.
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Our first panelist is Singapore-based mental health startup Intellect CEO and co-founder Theodoric Chew. Intellect recently raised $10 million in a Series A round led by New York-based venture capital firm HOF Capital. Founded in 2019, Intellect claims to have over 3 million users across 20 countries.
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Our second panelist is Gita Sjahrir, co-founder and CEO of RFitness, Indonesia&rsquo;s largest boutique fitness brand. She began a fitness community in 2015 after wanting an inclusive, equitable and non-judgmental space for those who exercise for the joy of movement, and not to achieve a societal standard of beauty.
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From the investors&rsquo; perspective, we have 500 Global&rsquo;s Khailee Ng and Openspace founder and general partner Hian Goh, who will steer this vital conversation.

Theodoric Chew

Gita Sjahrir-Wright

Khailee Ng

Hian Goh

Mental health concerns take centre stage in pandemic aftermath

Andi Haswidi, Head &ndash; Asean Research, DealStreetAsia Deepshikha Monga, Editor, DealStreetAsia

Deepshikha Monga

Andi Haswidi

DealStreetAsia Data Vantage Product Deepdive

Eddi Danusaputro, Chief Executive Officer, Mandiri Capital Indonesia
Aldi Haryopratomo, Board of Commissioner Halodoc, Efishery, Mapan
Pandu Sjahrir, Chairman of The Indonesian Fintech Association (AFTECH)
Wibawa Prasetyawan, Acting Chief Executive Officer, LinkAja
&nbsp;
Unorganised trade still dominates the retail landscape across Southeast Asia. According to Euromonitor, it is a significant driver of employment, engaging 27.8% of the population in the region.
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Indonesia is no exception with a significant number of MSMEs that have traditionally been family run setups.
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The sharp uptick in digitalisation, particularly after the COVID-19 pandemic is transforming these businesses. Digital financial services offer MSMEs an unprecedented opportunity to iron out inefficiencies in supply chains, as well as access to value added services in areas like accounting and credit.
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However, the space is fiercely competitive. New fintech firms are taking on incumbents trying to expand and protect their existing business relationships.&nbsp;
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The panel will discuss some of the factors that have driven the growth of the digital financial services space, the role these services play in opening up opportunities for MSMEs, as well as highlighting some of the key challenges, and how they are being addressed.
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Consisting of a mix of stakeholders, the panel will highlight the impact these services have made on financial inclusion. Topics that will be addressed will include the partnerships that need to be forged to make digital financial services live up to their true potential; the innovative approaches needed to increase the ease of use and use cases; and finally, what it takes to create a competitive, preferred and widely adopted product that addresses and anticipates the needs of the MSME sector.

Pandu Patria Sjahrir

Aldi Haryopratomo

Eddi Danusaputro

Wibawa Prasetyawan

LinkAja

The financial inclusion opportunity in the digitalisation of MSMEs

Fireside chat with Jenny Lee, Managing Partner, GGV Capital
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SE Asia is fast catching up with other tech startup ecosystems in the region thanks to the rapid digitalisation boom. In 2021, at least 834 SE Asian startups cumulatively garnered $23.18 billion in equity financing. The year also saw the minting of 25 unicorns in SE Asia, with 11 of them from the fintech space including Ajaib, Xendit, Kredivo, Nium, among others, data from DealStreetAsia&rsquo;s SE Asia Deal Review: Q4 2021 report shows. Indonesia&rsquo;s J&amp;T Express and GoTo Group ruled the pecking order of the top 20 equity fundraisers in value terms.&nbsp;
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SE Asia is also grabbing investor interest amid increased regulatory scrutiny on the technology sector in China. GGV Capital&rsquo;s managing partner Jenny Lee will share her unique perspectives of how the SE Asia growth story is unfolding in this context. Jenny Lee launched GGV&rsquo;s first office in China in 2005 and re-opened GGV&rsquo;s Singapore office in 2019. She also leads the firm&rsquo;s USD fundraising activities. Singapore state investor Temasek recently appointed Jenny Lee to its board of directors.
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GGV Capital, a seed-to-growth stage investor, has backed over 400 companies globally including Affirm, Airbnb, Alibaba, Slack, Square, Xpeng, to name a few. With $9.2 billion under its management, GGV Capital has investments in the US, Canada, China, SE Asia, India, Latin America, and Israel. In Indonesia, it has backed insurtech startup Fuse, edtech platform Ruangguru and digital signature provider Privy.&nbsp;

Jenny Lee

Fireside Chat: Southeast Asia's tech sector enters golden age with accelerated digital adoption

Fireside chat with Donald Wihardja, CEO, MDI Ventures
 MDI Ventures, the corporate venture capital arm of Telkom Indonesia, straddles the pre-seed to Series C and above investment stages through multiple funds that draw from the parent&rsquo;s balance sheet as well as external investors.&nbsp;
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With three unicorns and 11 exits under its belt, MDI Ventures operates five active funds and has 50+ firms in its portfolio. From 2020, the corporate VC also stepped up its focus on five fast-growing sectors: Healthcare, fintech, logistics, new consumer retail and food tech. As global strategics, VC and PE investors up their ante in Indonesia, MDI Ventures feels its multiple-fund approach allows it to tap opportunities across the board efficiently.&nbsp;
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MDI Ventures CEO Donald Wihardja will speak to us about the firm&rsquo;s investment strategy, finding synergies with the parent entity, and operating multiple funds. We will also touch upon the impact of the growing inflow of capital into Indonesia&rsquo;s tech ecosystem leading up to frothier valuations and intensified competition for a limited basket of deals.

Aastha Maheshwari

Donald Wihardja

Fireside Chat: Multi-stage investment approach and leveraging networks to pick winners

With Krishnan Menon, Founder &amp; CEO, Lummo
Nipun Mehra, Co-founder, Ula
Alan Hellawell, Founder and Host, Indo Tekno Podcast (Moderator)
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The business of digitalising the over 63 million of small establishments spread across Indonesia has proved to be a lucrative opportunity with the sector receiving over a billion dollars in funding. And, at least a dozen venture-backed startups have sprung up offering a myriad of services ranging from bookkeeping to point of sales to supply chain support and more. The pandemic has only accelerated digitalisation of Indonesia&rsquo;s roadside stalls that sell everything from food to groceries to sundries and also small businesses.&nbsp;
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This session features Indonesia&rsquo;s Lummo (formerly BukuKas), which raised $80 million in its Series C funding round in January this year led by Tiger Global Management and Sequoia Capital India. Armed with the funding, Lummo plans to beef up its tech talent team, expand to new geographies such as Vietnam, Thailand and the Philippines and also grow its BNPL play.
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We also feature Jakarta-based B2B marketplace Ula that raised a total of $110 million recently in its Series B round from storied backers including Tiger Global Prosus Ventures, Tencent, B Capital, and others. Ula seeks to expand its BNPL offering and utilise AI to serve its SME customers better. The company also plans to expand its geographical reach and hire more team members.
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Lummo founder &amp; CEO Krishnan Menon and Ula co-founder Nipun Mehra will share their insights into the new niches emerging in Indonesia&rsquo;s big SME digitalisation space in this session moderated by Indo Tekno Podcast founder and host Alan Hellawell.

Nipun Mehra

Alan Hellawell

Krishnan Menon

What’s next for Indonesia’s well-funded and crowded SME digitalisation space?

With John Colombo, Indonesia Country Manager, Clime Capital
Dondi Hananto, Partner, Patamar Capital
Tanah Sullivan, Group Head of Sustainability, GoTo
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With climate change concerns and ESG-based investment principles gaining ground, risk capital investors and enterprises are realising that a focus on impact and sustainability can generate returns in the long run.&nbsp;
In this panel, we look at the impact investment opportunities and sustainable business practises in Indonesia, the risk-return profile for such bets, the metrics to determine social impact, and how large companies are embracing ESG principles.
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We feature Singapore-based Clime Capital that is raising a $50-million vehicle &ndash; the Southeast Asia Clean Energy Facility (SEACEF). Clime Capital, which manages SECAF, makes early-stage development capital investments in innovative, high-impact clean energy projects and businesses in Indonesia, Vietnam, and the Philippines. Our speaker John Colombo, who represents Clime Capital for investments in Indonesia, brings extensive experience in the power generation and mobility sectors.
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Our second speaker is GoTo&rsquo;s Tanah Sullivan who leads the firm&rsquo;s ESG efforts across Gojek, GoTo Financial and Tokopedia. Before GoTo, Tanah was at the World Economic Forum in Switzerland, where she led partnerships for a range of sustainability-focused initiatives in ASEAN and globally. We will quiz Tanah Sullivan on the company&rsquo;s ESG goals, the scope and potential for electric vehicles in SE Asia, and also e-payment services as it helps financial inclusion.
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We also feature Patamar Capital which invests in early-stage companies building sector-defining platforms. Patamar believes that technology will be key to unlocking economic opportunities for individuals and small businesses in emerging economies. Our panelist Dondi Hananto joined Patamar Capital in 2014 as the firm&rsquo;s representative in Indonesia. Besides being an active practitioner of impact investing, Dondi also serves on the board of UnLtd Indonesia, an incubator for social enterprise in Indonesia.

John Colombo

Michelle Teo

Dondi Hananto

Tanah Sullivan

How tech investments can blend social impact and financial returns

With Pinn Lawjindakul, Vice President, Lightspeed
Sachin Bhanot, Head of SE Asia investments, Prosus Ventures
Akshay Bajaj, Venture Capital, SEA, Susquehanna International Group (SIG)
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Indonesia is where all the action seems to be in SE Asia if interest by global strategic and venture capital investors is an indicator.&nbsp;
 In this discussion, we feature three leaders from global venture capital firms who have deepened their presence in SE Asia, particularly Indonesia.&nbsp;
 Prosus Ventures is a global consumer internet group and one of the largest technology investors in the world. Prosus has invested in Indonesia marketplace app Ula, wealth-tech platform Bibit, fisheries platform Aruna and logistics startup Shipper. From Prosus Ventures, we have Sachin Bhanot who heads SE Asia investments. Prior to joining Prosus, he was a member of the investment team at B Capital Group.&nbsp;
 Lightspeed Southeast Asia&rsquo;s investments span early and growth-stage technology companies. Lightspeed is an investor in companies like Grab, Shipper, Ula, Pintu, Chilibeli and several more and has been investing in the region since 2018. Lightspeed vice-president Pinn Lawjindakul focuses on growing the Lightspeed platform in the region and provides direction for the firm&rsquo;s investments in consumer and fintech firms. &nbsp;
 Susquehanna International Group has backed Paxel, HarukaEdu, Aruna, Pluang, and Segari in Indonesia. Akshay Bajaj has been a part of SIG&rsquo;s venture capital team in SE Asia since early 2016.
 In this session, we will explore a range of threads including advantages or disadvantages that global funds have over local players in accessing deals, the creation of a high-valuation environment given the intense competition for a smaller pie, due diligence challenges, co-investment trends and more.

Pinn Lawjindakul

Sachin Bhanot

Akshay Bajaj

How are global VC investors gauging the opportunities in Indonesia?

With Duri Granziol, CEO, Mama&rsquo;s Choice
Billy Kurniawan, Founder, Jiwa Group
Jeffrey Yuwono, Founder &amp; CEO, Open Labs
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With at least 14 million out of 64 million micro, small, medium enterprises in Indonesia entering the e-commerce space, the online consumer is spoilt for choice. Add favourable demographics, 280-million strong population, digital adoption and buying, the case for growth of direct to consumer brands becomes stronger. As these brands gain user traction, Indonesia is seeing several models emerging cutting across categories with this sector fast grabbing investor interest and capital.
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To discuss the opportunities and challenges in the DTC market in Indonesia, we feature two venture-backed startups &ndash; theParentInc&rsquo;s D2C brand Mama&rsquo;s Choice &amp; Jiwa Group &ndash; operating in fast-growing consumption categories and brand aggregator Open Labs.
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Duri Granziol, co-founder and CEO of Mama&rsquo;s Choice, led the brand from its inception in 2019 to its current position as leader in the category in several countries in SE Asia. Mama&rsquo;s Choice is part of the theParentInc whose flagship brand is content and community platform theAsiaparent.
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Meanwhile, JIWA Group, Indonesia&rsquo;s tech-enabled F&amp;B company, has raised capital from Openspace and Capsquare Asia Partners. Since its launch in 2018, JIWA has expanded to 3 brands (Kopi Janji Jiwa, Jiwa Toast, and Jiwa Tea) across almost 1,000 outlets serving 50+ products in 100+ cities in Indonesia.
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Open Labs, which recently launched a $100-million fund to back D2C brands, intends to buy 51% stake in local companies allowing founders to have a role in the brand&rsquo;s development. It is touted as the biggest fund among other brand aggregators in SE Asia.
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Mama&rsquo;s Choice CEO Duri Granziol, &nbsp;Jiwa Group founder Billy Kurniawan and Open Labs founder Jeffrey Yuwono will take us through their journey and learnings on building and backing successful DTC brands out of Indonesia.

Billy Kurniawan

Jeffrey Yuwono

Duri Granziol

Angus Mackintosh

DTC brands coming of age in Indonesia

Stefanus Ade Hadiwidjaja, CIO, Indonesia Investment Authority
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Indonesia introduced its first sovereign wealth fund Indonesia Investment Authority (known as INA) early last year to focus on public infrastructure, supply chain and logistics, digital infrastructure, green investing, healthcare services, financial services, consumer and tech, as well as tourism. The Indonesian government committed to providing the wealth fund with $5 billion capital, of which $1 billion was injected in late 2020. INA aims to grow its assets under management to $20 billion with its investor partners. So far, INA has made one investment with its participation in telecom firm Mitratel&rsquo;s $1.3-billion IPO last November.
In this fireside chat, we feature INA&rsquo;s chief investment officer Stefanus Ade Hadiwidjaja who will share his insights into the newly-formed SWF&rsquo;s strategy and its overall role in public infrastructure development. Hadiwidjaja was earlier with SE Asia-focused private equity firm Creador, where he was the MD and country head for Indonesia and Singapore.
In this session, we will cover INA&rsquo;s deployment pace and strategy, its technology and non-infrastructure investment strategy, and whether it will emulate some of the SWF models operating in ASEAN countries.

Agenda

Speakers.css-1ffzsuw{margin:0;font-size:1.4rem;font-weight:500;line-height:1.5;color:#f7734a;font-family:'Poppins',sans-serif;margin-left:0.8rem;}59 Speakers

Sandeep Naik

Jenny Lee

Claudia Kolonas

Nick Nash

John Colombo

Adrian Li

Louis Casey

Saurabh Agarwal

Nipun Mehra

Sachin Bhanot

Jefrey Joe

Shinta Nurfauzia

Akshay Bajaj

Billy Kurniawan

Michelle Teo

Andi Haswidi

Kristie Neo

Ngoc Nguyen

Eudora Wang

Deepshikha Monga

Akito Tanaka

Joji Philip

Shotaro Tani

Angus Mackintosh

Tabita Diela

Alan Hellawell

Tessa Wijaya

Rachel Phua

Sunata Tjiterosampurno

Krishnan Menon

Donald Wihardja

Howard Gani

Pinn Lawjindakul

Harold Ong

Dondi Hananto

David Setyadi Gunawan

Tanah Sullivan

Gita Sjahrir-Wright

Jeffrey Yuwono

Gary Khoeng

Farid Aslam

Christian Sugiarto

Aastha Maheshwari

Raras Cahyafitri

Stephen Jacob

Hian Goh

Tushar Roy

Khailee Ng

Stefanus Ade Hadiwidjaja

Theodoric Chew

Victor Lesmana

Vincent Henry Iswaratioso

Jaygan Fu Ponnudurai

JJ Ang

Wibawa Prasetyawan

Pandu Patria Sjahrir

Aldi Haryopratomo

Eddi Danusaputro

Duri Granziol

Speakers59 Speakers