Posts in Category: business

Danadidik Raises Seed Funding from Singapore Investor

Danadidik Announced Seed Funding from Garden Impact/ SWA

 

Danadidik, a startup providing loan solutions for students in the form of peer to peer lending announced has received seed funding from Singapore-based investors, Garden Impact Investments Pte Ltd.

The amount of funding is not mentioned. The funding will be used by the Danadidik to scale up their operations, improve service quality, and invest in technology.

Dipo Satria, Co-founder and CEO of Danadidik explained that this investment makes them enthusiastic to help educational disadvantaged in Indonesia.

“With this investment, we are incredibly excited to be able to impact more underprivileged students’ lives. We’d like to invite more local corporations and family offices to get involve to

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Strengthen Go-Pay, Go-Jek Acquire Three Fintech Startups

Go-Jek Announce Acquisition of Kartuku, Midtrans, and Mapan to Strengthen Go-Pay / Jurnalweb

 

Go-Jek officially acquired three fintech startups, Kartuku, Midtrans, and Mapan to strengthen Go-Pay expansion in 2018. All three have different business focuses, although both exist in the payment service provider ecosystem.

Not mentioned how much the value of the acquisition. However, joining these three fintech will strengthen Go-Jek’s position as a provider of digital wallet services in Indonesia. These three platforms are considered by Go-Jek has its own specialization in providing payment services both online and offline.

Kartuku, known as the largest offline payment service provider in Indonesia. Midtrans is then known as the largest online payment gateway service provider. And

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Kata Bot Platform: A New Service by Kata.ai

Kata.ai at The Launch Event Interact 2017

 

Kata.ai, an Indonesian Artificial Intelligence (AI) service provider focusing on creating and integrating chatbot into available conversation service clients introduced its newest service, the Kata Bot Platform at event Interact 2017 last Tuesday (12/12). The platform aims to help developers in startups, SMEs and entreprise in developing chatbots more easily and efficiently. The new Service Bot Platform The presence of this platform, is expected to help businesses more quickly in launching their own chatbot as well as allowing users to design chatbots without the need to learn about infrastructure from zero

With this platform, developers can focus more on building an engaging chat experience

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Google Launched Go Edition to Target Entry-Level Device Users

Google is taking serious step for the next billion with Go edition/Google

Google has officially launched Go edition for entry-level device users. Entry-level device is a device with small size storage, usually around 512MB to 1GB. Google has done some optimizations to provide entry-level device users a lighter version of the main apps.

“It’s common for entry level devices to have very little storage space available once you account for the size of the OS and the preinstalled apps. This can be frustrating for people who want more space for their music, apps, and photos,” said Sagar Kamdar, Director of Product Management for Android. Go edition is an effort to

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Lite Apps: When Everything Goes Lite

Messenger Lite version/Facebook

Most mobile applications would try to present the best version to match the customer needs. But recently, many big players, such as FacebookLineMessenger, Twitter, and LinkedIn, have started to launch the lite version of the app. Even Google has recently joined the ‘lite’ party.

Lite applications refer to smaller size of initial app, usually less than 10MB. The aim is usually to reach countries with low infrastructures. This will allow users with limited storage and networks to keep using the app, helping the companies to reach new previously-untapped users.

The Lite Timeline

Facebook introduced Facebook Lite two years ago in June 2015. According to Vijay Shankar, Product Manager for Facebook Lite,

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LINE Indonesia Acquire a Local Startup TemanJalan to Develop Chatbot

LINE acquires Indonesian startup TemanJalan / Telset

LINE, Japan’s instant messaging service provider is paying attention to the local startup chatbot platform in Indonesia. LINE acquired an Indonesian startup named TemanJalan. The acquisition has been completed on 17 November 2017. Dale Kim Managing Director of LINE Indonesia said LINE continues to commit to developing chatbot platform in Indonesia, and the acquisition of TemanJalan is one form of developing more knowledge and to improve business capacity in the future.

“Together with TemanJalan, we have a new engineering team that can improve our ability to develop chatbot platforms, and gain insight into the market in Indonesia,” Kim said on Friday (24/11).

Meanwhile, Co-founder and

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US$ 10 Million Investment Plan of RedDoorz Indonesia Over the Next 12 Months

 

 

Opportunity of high-number of tourists in Indonesia do not want to be missed by RedDoorz. The Singapore-based company has expansion plan to nine cities in Indonesia.

Amit Saberwal, founder and Chief Executive Officer of RedDoorz said the new cities are Aceh, Balikpapan, Lombok, Makassar, Manado, Medan, Palembang and Solo. He explain the reasons for the selection of these cities.

“These cities are quite a lot of population and there is business potential in the tourism sector,” said Saberwal in Jakarta, Wednesday (15/11).

For this expansion, the company plans to prepare a budget of US$ 10 million or around Rp 135 billion over the next 12 months. The budget is prepared for several aspects of its business

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Alodokter Receives Series B Funding Worth US$ 9 Million

 

Health services startup, Alodokter prepares to receive Series B funding injection worth US$ 9 million (around IDR 121, 9 billion). A number of investors, will join in the grant of the capital. Among others are SoftBank Ventures Korea, Golden Gate Ventures and FengHe Group. This is the third investment Alodokter has received.

In 2016, Alodokter also received an earlier capital injection from Golden State Ventures as a major investor in funding of US$ 2.5 million (around IDR 33.8 billion).

The fresh funds are planned to develop integrated healthcare ecosystems, ranging from chat services with doctors, medical document management, to ordering offline health services such as arranging meetings with doctors.

According to Dealstreet

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Unsold Spectacles Make Snapchat Loss US$ 40 Million

Spectacles by Snap

 

Snap Inc. (NYSE: SNAP), the parent of Snapchat, lost nearly US$ 40 million because of their unsold camera glasses, Spectacles.

The loss, as reported by the Neutral News page, “primarily related to excess inventory reserves and inventory purchase commitment cancellations charges.”

In short, the cause of such losses is the sale of Spectacles unit not as much as Snap allegedly. Also caused by many buyers Spectacles who then returning the glasses.

Based on Snap’s financial statements as of October 2017, according to The Information, the company has to deal with hundreds of thousands of unsold glasses, which also causes their share value to slump nearly 20%.

Spectacles are camera-sunglasses that can

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Sticar Added New Services to Motorcycles as Advertising Medium

Sticar announced to provide motorcycle advertisement / Sticar’s Facebook Page

 

Having become one of the players in the online car advertising business, Sticar outdoor brand promotion platform announced to add motorcycles as the latest service.The use of motorcycles as a medium in advertising is a product diversification that will be implemented by the end of the year.

Founder and Chief Executive Officer (CEO) of Sticar, Rio Darmawan stated, the decision to provide advertising services on motorcycles was taken by Sticar to meet the demand of clients who want diversification on advertising medium so that Sticar decided to provide service on motorcycle.

“In one year we provided car advertising solutions for business

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