Nusa Dua, Bali, Sep 19, 2022 - (ACN Newswire) - The HUB.ID Summit is proud to be the hub that connects 80 curated startups with 80 global venture capital and well-known business partners, Indonesia's Ministry of Communication & Informatics stated at the Summit's opening.
The opening ceremony of the HUB.ID Summit 2022 was held at Nusa Dua, Bali province, on Monday (September 5, 2022). (ANTARA/Livia Kristianti/uyu)
"We believe the startups have the ability and potential to be the tech giants. Therefore, the Ministry held the HUB.ID Summit as a hub to connect the early-stage startups, venture capitalists and business partners in exploring collaboration and investment opportunities," said Semuel Abrijani Pangerapan, Director-General of Application & Informatics in the Ministry of Communication & Informatics, at the opening in Nusa Dua, Bali.
The HUB.ID Summit 2022 was held in Nusa Dua, Bali from 5 to 6 September 2022. Its focus is on early-stage startups looking for seed to series A investment. The MCI Indonesia hopes that the 80 selected startups participating in the HUB.ID Summit can explore opportunities for cooperation, especially in terms of funding.
Startups were represented across sectors from agriculture & aquaculture tech, enterprise & government tech, health tech, social commerce & SME enablemet, Web.30, deep tech, education, fintech and legal tech to property and proptech.
Startups participating in the event included Chickin, Dagangan, DOTX, Duitin, Eratani, Bananas, Fishlog, Gajiku, Gorrywell, HiPajak, Jejakin, Klinik Pintar, Legalku, MallSampah, NOBI, SoulParking, Teman Pasar, Verihubs, and ZI.Care.
Venture capitalists and business partners participating in HUB.ID Summit included East Ventures, DG Ventures, AC Ventures, BEENEXT, Finch Capital, Cyber Agent Capital, J Trust Bank, Telkom, Midtrans, OCBC NISP Ventura, Sinarmas Land, AppWorks, Investible, Jabar Digital Service, Jakarta Smart City, Bio Farma, and Mandiri Capital.
Pangarepan said that collaboration and investment can support startups in Indonesia to be more resilient in facing future challenges. "We are optimistic that startups in Indonesia will be more mature, as well as ready to collaborate and have investment cooperation," he stated.
The first day of HUB.ID Summit consisted of two panel discussions: "The Dawn of New Groceries Shopping in Indonesia: Is it sustainable business model?" including Metha (Co-Founder SayurBox), Vincent (Co-Founder Astro), Yosua Setiawan (Co-Founder Segari), and moderated by Agung Nugroho (Co-Founder Kudo).
The second panel "Anticipating The Next Momentum of Indonesia Fintech" included Triyono Gani (Head of Digital Innovation Growth Otoritas Jasa Keuangan), Dino Setiawan (Co-Founder Awan Tunai), Vira Widiyasari (SVP of Fintech and Payment Tokopedia, and moderated by Rico (Commissioner LinkAja). Those two panels showed Indonesia's digital economy landscape from the startup point of view.
The second day of HUB.ID Summit featured: "Standing Tall Amidst the Chaos: Indonesia Startup Investments Today and Tomorrow", with Dirk Van Quaquebeke (Managing Partner, BEENEXT), Helen Wong (Managing Partner, AC Ventures), and Melisa Irene (Partner, East Ventures), on stage and moderated by Willis Wee (Founder & CEO, Tech in Asia). This panel discussed the future of Indonesia's startup investment.
More than 350 participants joined HUB.ID Summit 2022, which consisted of 1-on-1 Business Matchmaking, Panel Discussions, and a Networking Dinner. Venture capital and business partners came not only from Indonesia, but also from Japan, Singapore, South Korea and India.
Written by: Livia Kristianti, Uyu Liman, Editor: Rahmad Nasution (c) ANTARA 2022
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