Indonesia PE-VC
Summit 2023

12 JANUARY 2023

THE LANGHAM, JAKARTA

Agenda

8.00am – 9.00am  |  Registration & Morning Networking

9.00am – 9.15am 
|  Welcome Note

  • by Joji Thomas Philip, Founder & Editor-in-Chief, DealStreetAsia

9.15am – 9.45am  |  Fireside chat: Straddling a PE and VC strategy to tap new digital scripts in Indonesia 

  • Patrick Walujo, Co-Founder, Managing Partner & Member of the Investment Committee, Northstar Group
  • In conversation with Joji Thomas Philip, Founder & Editor-in-Chief, DealStreetAsia 

9.50am – 10.05am  |  Keynote address: Transforming healthcare in Indonesia through technology and innovation

  • Prof. Dr. Dante Saksono Harbuwono, Sp.PD., Ph.D., Vice Minister of Health, Republic of Indonesia

10.05am – 10.30am  |  Fireside chat: Why Indonesia is ripe for a long-term investment boom

  • Prof. Dr. Dante Saksono Harbuwono, Sp.PD., Ph.D., Vice Minister of Health, Republic of Indonesia
  • In conversation with Pandu Sjahrir, Managing Partner, Indies Capital Partners; Founding Partner, AC Ventures; Vice President Director, TBS Energi

10.30am – 11.00am Networking & Coffee Break

11.00am – 11.50am Alternative capital sources and structures gain steam amid funding winter 

  • Donald Wihardja, CEO, MDI Ventures
  • Paul Ong, Partner, InnoVen Capital SEA
  • Joshua Agusta, Executive Director, Vertex Ventures Southeast Asia and India
  • Fandy Cendrajaya, Partner, Kopital Network
  • Jessica Huang Pouleur, Partner, Openspace Ventures
  • Kristie Neo, Editor, VC, Southeast Asia, DealStreetAsia (Moderator)

11.50am – 12.40pm Consumption theme holds strong despite economic headwinds

  • Rohit Agarwal, Principal, Sequoia Southeast Asia
  • Jin Oh, Partner, Goodwater Capital
  • Edward Tirtanata, CEO and Co-Founder, Kopi Kenangan
  • Achmad Alkatiri, Founder & CEO, Hypefast
  • Rama Suparta, Co-Founder, SATURDAYS
  • Deepak I. Shahdadpuri, Managing Director, DSG Consumer Partners (Moderator)

12.40pm – 1.35pm  |  Networking Lunch

1.35pm – 1.50pm |  Keynote address

  • by Sandiaga Salahuddin Uno, Minister of Tourism and Creative Economy, Indonesia

1.50pm – 2.20pm |  Fireside Chat: Leveraging the soft power of tourism & creative economy to generate alpha

  • Sandiaga Salahuddin Uno, Minister of Tourism and Creative Economy, Indonesia
  • In conversation with Eddi Danusaputro, Chief Executive Officer, BNI Ventures

2.20pm – 3.00pm  |  ESG integration with business strategy key to long-term value creation

  • Avina Sugiarto, Partner, East Ventures
  • Tanah Sullivan, Group Head of Sustainability, GoTo
  • Utari Octavianty, Co-Founder & Chief Sustainability Officer, Aruna
  • Tabita Diela, Correspondent (Indonesia), DealStreetAsia (Moderator)

3.00pm – 3.50pm Disintermediating Indonesia’s most traditional industries through tech

  • Gibran Huzaifah Amsi El Farizy, CEO, eFishery
  • Dayu Dara Permata, CEO and Founder, Pinhome
  • Ghufron Mustaqim, Co-Founder & CEO, Evermos
  • Christopher Madiam, Co-Founder & President of Social Bella (Sociolla)
  • Harshet Lunani, Founder & CEO, Qoala
  • Pitra Harun, Co-Founder, Managing Director & Indonesia Country Head, Asia Partners (Moderator)

3.50pm – 4.15pm Networking & Coffee Break

4.15pm – 5.05pm Indonesia is on road to becoming EV hub but challenges persist

  • Rachmat Kaimuddin, Deputy Minister, Coordinating Ministry for Maritime Affairs and Investment
  • Irwan Tjahaja, Founder & CEO, Swap Energi
  • Purbaja Pantja, President Director, PT Ilectra Motor Group (Alva)
  • Patrick Adhiatmadja, Managing Director, PT Energi Kreasi Bersama (Electrum)
  • Nirmal Rajaram, Partner, Rigel Capital
  • Khamila Mulia, Senior Correspondent (Indonesia), DealStreetAsia (Moderator)

5.05pm – 5.50pm Harnessing tech for mega returns: Indonesia continues to be a strong VC play

  • Helen Wong, Managing Partner, AC Ventures
  • Eddy Chan, Founding Partner, Intudo Ventures
  • Jefrey Joe, Co-Founder & General Partner, Alpha JWC Ventures
  • Karan Mohla, Partner, B Capital
  • Andi Haswidi, Head of Data & Research, DealStreetAsia (Moderator) 

5.50pm – 6.30pm The evolving fintech landscape in Indonesia – Opportunities and challenges

  • Dimitra Taslim, Vice President, GGV Capital
  • Tessa Wijaya, Co-Founder & COO, Xendit
  • Dyota Marsudi, President Director, PT Bank Aladin Syariah Tbk (Aladin Bank)
  • Iwan Kurniawan, Co-Founder & Chief Operating Officer, Modalku (Funding Societies)
  • Dmitry Levit, Founder & General Partner, Cento Ventures (Moderator)

6.30pm – 7.30pm  |  Networking Canapes & Cocktails

Summit Speakers

Sandiaga Salahuddin Uno

Minister of Tourism and Creative Economy
Indonesia

Prof. Dr. Dante Saksono Harbuwono, Sp.PD., Ph.D.

Vice Minister of Health
Republic of Indonesia

Rachmat Kaimuddin

Deputy Minister Coordinating Ministry for Maritime Affairs and Investment
Indonesia

Helen Wong

Managing Partner
AC Ventures

Pandu Sjahrir

Managing Partner
Indies Capital Partners

Founding Partner
AC Ventures

Patrick Walujo

Co-Founder, Managing Partner & Member of the Investment Committee Northstar Group

Donald Wihardja

CEO
MDI Ventures

Tanah Sullivan

Group Head of Sustainability
GoTo

Deepak I. Shahdadpuri

Managing Director
DSG Consumer Partners

Jefrey Joe

Co-Founder & General Partner
Alpha JWC Ventures

Dimitra Taslim

Vice President
GGV Capital

Avina Sugiarto

Partner
East Ventures

Gibran Huzaifah

CEO
eFishery

Tessa Wijaya

Co-Founder and COO Xendit

Eddy Chan

Founding Partner
Intudo Ventures

Karan Mohla

Partner
B Capital

Achmad Alkatiri

Founder & CEO
Hypefast

Utari Octavianty

Co-Founder and Chief Sustainability Officer
Aruna

Dyota Marsudi

President Director

PT Bank Aladin Syariah Tbk (Aladin Bank)

Irwan Tjahaja

Founder and CEO
Swap Energi

Christopher Madiam

Co-Founder and President
Social Bella Indonesia

Eddi Danusaputro

Chief Executive Officer
BNI Ventures

Dayu Dara Permata

Founder & CEO
Pinhome

Iwan Kurniawan

Co-Founder & COO
Modalku

Paul Ong

Partner
InnoVen Capital SEA

Jin Oh

Partner
Goodwater Capital

Jessica Huang Pouleur

Partner
Openspace Ventures

Edward Tirtanata

Co-Founder & CEO
Kopi Kenangan

Pitra Harun

Co-Founder, Managing Director & Indonesia Country Head
Asia Partners

Joshua Agusta

Executive Director
Vertex Ventures Southeast Asia and India

Rohit Agarwal

Principal
Sequoia Southeast Asia

Harshet Lunani

Founder & CEO
Qoala

Ghufron Mustaqim

Co-Founder & CEO Evermos

Nirmal Rajaram

Partner
Rigel Capital

Purbaja Pantja

President Director
PT Ilectra Motor Group (Alva) 

Fandy Cendrajaya

Partner
Kopital Network

Patrick Adhiatmadja

Managing Director
PT Energi Kreasi Bersama (Electrum)

Dmitry Levit

Founder & General Partner
Cento Ventures

Rama Suparta

Co-founder
SATURDAYS

Christina Bao

Managing Director, Co-Head of Sales & Marketing
HKEX

Jonathan Hsui

Partner
Allen & Overy

Prof. Dr. Johanes Mose, dr., SpOG, K-FM


Hermina Hospital

Marcel Lukman
Marcel Lukman

Retail Expert
Atmos Indonesia & the 707 Company

Yongky Oktavianto

Vice President
Investcorp

Danny Sutradewa

Founder & Managing Partner
Salt Ventures

Eric Cahya

Co-Founder
USS Networks

Jeffry Jouw

Founder & CMO
USS Networks

Summit Moderators

Michelle Teo

Managing Editor
DealStreetAsia

 

Kristie Neo

Editor, VC, Southeast Asia DealStreetAsia

Andi Haswidi

Head of Data Research DealStreetAsia

 
Tabita Diela ​

Correspondent, Indonesia
DealStreetAsia

Khamila Mulia

Senior Correspondent, Indonesia
DealStreetAsia

Joji Thomas Philip

Founder & Editor-in-Chief
DealStreetAsia

Get your tickets here!

Offers & Promotions

10% off all tickets

Sign up for the free-to-read monthly DFIN Deals Barometer reports now to receive a 10% off promo code on all Indonesia Summit tickets!

Limited redemptions only. Promo codes cannot be stacked. Applicable on all tickets.

15% off Artotel stays!

For selected stays in Jakarta, our Hospitality Sponsor is extending the best offer for all our summit attendees!

All ticket prices are in USD ($)  |  Tickets are non-refundable but can be transferred  | By registering for this event, you consent to your details being shared with DealStreetAsia and the relevant parties for the purpose of event marketing and to enable all networking functionalities.

Complimentary Tickets

DealStreetAsia reserves the right to issue passes at its discretion. Only 1 form can be completed per person, multiple submissions will be deemed invalid.

Get 15% off selected Artotel stays in Jakarta!

Summit Sponsors

SILVER SPONSOR

LOUNGE SPONSOR

LUNCHEON SPONSOR

NETWORKING SPONSOR

HOSPITALITY SPONSOR

SUPPORTING SPONSOR

SUPPORTING SPONSOR

SUPPORTING SPONSOR

MEDIA PARTNER

MEDIA PARTNER

MEDIA PARTNER

Official Venue

THE LANGHAM, JAKARTA

District 8, SCBD, Lot 28, Jakarta 12190, Indonesia

You have the option to book your accommodation at The Langham, Jakarta.
Corporate room rate and availability is on a first come first served basis. Please see below for booking steps.

HOW TO GET THERE?

DISTANCE TO HOTEL FROM

SOEKARNO-HATTA INTERNATIONAL AIRPORT
18.6 miles / 30km, 30-min drive

SENAYAN MRT STATION
0.4 miles / 650m, 8-min walk

GBK BUSWAY STATION
0.5 miles / 750m, 10-min walk

TRANSPORT RATES FROM AIRPORT

TAXI FROM IDR 250,000

BUS FROM IDR 45,000

TRAIN FROM IDR 75,000

> Visit Transport for Jakarta to plan your journey!

HOW TO BOOK YOUR ROOMS?

Previous slide
Next slide

The speakers were high quality, the audience was very engaged. The organization of the conference was top notch.

Bert Kwan
Head of Private Equity, Silverhorn Group

Amazed with how busy and successful the event is.

Brahmal Vasudevan
Founder/CEO, Creador

It’s great to see everybody in the industry here– from entrepreneurs to investors to allocators. If you’re looking for a great event to go to, then this is it.

Jenny Lee
Managing partner, GGV Capital

As a platform DealStreetAsia is fantastic. To see such a vibrant attendance here is amazing. It was very comprehensive with a great mix of LPs and GPs.

Ravi Thakran
Chairman & CEO, Turmeric Capital

It is certainly one of the better events here in Singapore for the whole PE and VC industry.

Harold Ong
Partner, Indies Capital

It brings together old and new friends. Very efficient way to network.

Tuck Lye Koh
Co-founder/CEO, Shunwei Capital

Appreciate the detailed and impressive organization of the event. It was very well-balanced.

Cristina Ventura
General Partner & Chief Catalyst Officer, White Star Capital

The fact that the deals, the trust, all that is done in person and to have DealStreetAsia as a platform to do that feels great!

Sarah Chen
Co-Founder & Investor, The Billion Dollar Fund for Women/Beyond The Billion

The panels were quite balanced with regards to gender diversity. It goes to show a real appreciation of the talent that is out there in the PEVC world.

Sui Ling Cheah
Operating Partner, Wavemaker Partners

It’s a good mix of investors, LPs and GPs, and at the same time, business owners.

Saifulbahri Hassan
Vice President, KWAP Capital

Sign up to receive daily news & event updates

Sandiaga Salahuddin Uno

Prof. Dr. Dante Saksono Harbuwono, Sp.PD., Ph.D.

Rachmat Kaimuddin

Helen Wong

Pandu Sjahrir

Patrick Walujo

Donald Wihardja

Tanah Sullivan

Deepak I. Shahdadpuri

Jefrey Joe

Dimitra Taslim

Avina Sugiarto

Gibran Huzaifah

Tessa Wijaya

Eddy Chan

Karan Mohla

Achmad Alkatiri

Utari Octavianty

Dyota Marsudi

Irwan Tjahaja

Christopher Madiam

Eddi Danusaputro

Dayu Dara Permata

Iwan Kurniawan

Paul Ong

Jin Oh

Jessica Huang Pouleur

Edward Tirtanata

Pitra Harun

Joshua Agusta

Rohit Agarwal

Harshet Lunani

Ghufron Mustaqim

Nirmal Rajaram

Purbaja Pantja

Fandy Cendrajaya

Patrick Adhiatmadja

Dmitry Levit

Rama Suparta

Christina Bao

Jonathan Hsui

Prof. Dr. Johanes Mose, dr., SpOG, K-FM

Yongky Oktavianto

Danny Sutradewa

Eric Cahya

Jeffry Jouw

Michelle Teo

Kristie Neo

Andi Haswidi

Tabita Diela

Khamila Mulia

Joji Philip

Fireside Chat: Leveraging the soft power of tourism & creative economy to generate alpha

During the fireside chat, the minister will share his vision and perspectives on Leveraging the soft power of tourism & creative economy to generate alpha. This session will explore how investments in the soft infrastructure can boost the country’s GDP growth as well as generate multiples for investors and enterprises in the sector.

The minister will be in conversation with Eddi Danusaputro, who currently serves as the CEO of at BNI Ventures. He has over 20 years of experience in several sectors including financial services (Morgan Stanley, AXA, and Makara Capital), management consulting (Booz Allen Hamilton, and AT Kearney) and consumer goods (Procter & Gamble). Eddi also has experience in angel investing and social entrepreneurship.

Keynote address by Sandiaga Salahuddin Uno, Minister of Tourism and Creative Economy, Indonesia

At the helm of the ministry, Sandiaga Uno leads policy formulation and implementation in the areas related to tourism, the creative economy and the digital economy. The creative economy, which covers 17 sub-sectors such as arts, design, and game development to name a few, is touted as a key growth driver for sustainable development and fostering the small and medium enterprise ecosystem.

Uno assumed office in 2020 at the peak of the coronavirus pandemic that grounded the travel and tourism industry. His priority has been to develop sustainable tourism by using technology as well as tapping into the country’s rich culture and travel experience offering.

One of Indonesia’s most prominent entrepreneurs, Uno is the co-founder of PT Saratoga Investama Sedaya Tbk, the biggest publicly-listed investment company in the country. He served as a president director in the company from 2004 to 2015.

Uno was elected as vice governor of Jakarta in 2017 but resigned from the office to run as a candidate for the vice president of Indonesia, alongside his running mate Prabowo Subianto, in the 2019 election.

Uno completed his bachelor’s degree at Wichita State University in 1990 and his master’s degree at George Washington University in 1992. In 2016, he received the title of Distinguished Research Professor in Residence from George Washington University.

The evolving fintech landscape in Indonesia – Opportunities and challenges

The fintech landscape is fast emerging as an ecosystem play with the pandemic-induced accelerated digitalisation trends, opening up an array of opportunities that go way beyond the payments and allied spaces. Tech startups have been adopting the partnership or acquisition route, especially in the financial services and banking sphere, to expand their user base and access lower cost of funds. In this panel, we will explore the buildout of fintech ecosystems, super apps and newer monetisation models.

We feature Xendit co-founder and COO Tessa Wijaya, who is responsible for the overall business operations of the company, including service and support, partnerships, government, and public relations, as well as compliance. Tessa believes in changing the world at scale through technology. She is keen on building Indonesia and South East Asia’s digital infrastructure by providing the best payment solutions.

From the startup side, we also have Iwan Kurniawan, the co-founder and COO of Modalku, a digital lending and credit technology platform in SE Asia for micro, small and medium enterprises. Modalku is funded by leading investors Sequoia, Softbank Ventures Asia, LINE Ventures, Alpha JWC among others.

From the investors’ side, we have Dimitra Taslim, VP, GGV Capital, who invests in the areas of Web3, SMBTech, FoodTech, EdTech, and FinTech. We also have Sandeep Patil, Partner & Head of Asia, QED Investors. Patil has extensive experience in consumer internet and is a global veteran of the banking and financial services industry.

From the banking side, we have Dyota Marsudi currently serving as President Director at Bank Aladin, the first Islamic digital bank in Indonesia with the aim of opening and facilitating access to digital-based Islamic banking services.

The fintech session will be moderated by Dmitry Levit, founder of Cento Ventures, where he leads investment and fund activities in Southeast Asia.

Join this session to learn more about how the fintech piece fits in growing digital ecosystems.

ESG integration with business strategy key to long-term value creation

Indonesian companies and investment firms have been adopting environmental, social and governance (ESG) principles both in venture investing and building sustainable businesses. Several firms have beefed up their ESG team and initiated the release of annual sustainability reports. The region is also seeing corporations and venture capital funds raising dedicated funds and deploying capital in startups building solutions to tackle environmental problems.

ESG investing provides a strong framework for analysing companies beyond traditional financial metrics. What has also accelerated adoption is regulatory pressure on companies as well as a push from LPs for ESG-complaint investing. This panel will explore how investors and founders are seeing ESG adoption as a means to achieve long-term value as well as impact.

We feature Tanah Sullivan who leads 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.

Joining this panel is Utari Octavianty, co-founder & chief sustainability officer of Aruna, an integrated fisheries commerce startup focusing on improving the coastal village by creating a fair and transparent marine-fisheries trade through technology innovation.

From the investor’s side, we have East Ventures partner Avina Sugiarto who has over 12 years of experience in investing in alternative assets across technology, property, logistics, natural resources, to consumers and financial services. Avina leverages her extensive experience to invest in growth-stage technology companies and further drive sustainability and integration of ESG practices in East Ventures’ investments.

Join this panel to know more about how ESG can become mainstream.

Disintermediating Indonesia’s most traditional industries through tech

Some of Indonesia’s most traditional industries including agriculture, fisheries, real estate, construction tech, small retailers, financial services, trucking, to name a few, have undergone a sea change with technology intervention enabling streamlining of operations, benefiting the entire value chain.

In this panel, we are featuring five founders from startups who are disrupting the so-called traditional and mainstream sectors through technology.

As a fish farmer-turned-agriculture tech entrepreneur, eFishery founder and CEO Gibran Huzaifah is revolutionising the relatively untapped $9.4-billion Indonesian aquaculture market. eFishery provides end-to-end solutions for fish and shrimp farmers in Indonesia from smart farming technology, input, and access to financing, to the B2B market. In January 2022, eFishery raised $90 million in its Series C round co-led by Singapore state investor Temasek, SoftBank Vision Fund 2 and Sequoia Capital India.

Our next entrepreneur Dayu Dara Permata co-founded the Indonesian property platform Pinhome, which recently raised $50 million in its Series B round from Goodwater Capital, Intudo Ventures, Ribbit Capital and others. Pinhome connects potential buyers and renters with property owners and agents, making the process of buying, selling, and renting property easier.

Hear from Evermos co-founder and CEO Ghufron Mustaqim on the growing social commerce space. Mustaqim co-founded Evermos, a Sharia-compliant e-commerce platform that connects brands, resellers, and consumers. In 2021, Evermos raised $30 million in its Series B funding.  Home to more than 200 million Muslims, Indonesia is one of the world’s major markets for halal products.

Meet Social Bella Indonesia co-founder and President Christopher Madiam on his growth journey of building the startup into a leading integrated beauty technology company. Social Bella, known for its omnichannel commerce site Sociolla, recently raised over $60 million in a funding round led by Singapore state investor Temasek Holdings and L Catterton.

We also feature Qoala founder and CEO Harshet Lunani, who is seeking to revolutionise insurance through a combination of new product development supported by technology and digital-based claim processes and machine learning. Before building Qoala, Lunani founded and ran Kelola, a digital investment platform.

Pitra Harun, who will moderate the session, is a board observer for Asia Partners portfolio firms RedDoorz, Carsome, and GudangAda. Prior to Asia Partners, he served as a senior executive at Bukalapak, where he oversaw the company’s entire digital goods effort.

Gain founder perspectives across a wide range of sectors that are being powered by technology.

Harnessing tech for mega returns: Indonesia continues to be a strong VC play

Despite global challenges, SE Asia, especially Indonesia, continues to remain somewhat insulated because of macro trends such as an expanding middle class, a young and digitally-savvy population, global demand for commodity exports and a relatively stable political environment. The macro drivers coupled with accelerated digitalisation have made the region attractive for venture capital activity. However, challenges remain when it comes to fundraising, building scalable companies and delivering strong exits from the region.

We have a group of prolific investors from the region who will share their perspectives on how they are navigating the current market cycle.

Meet Jefrey Joe of Alpha JWC Ventures, an Indonesia-focused early-stage firm that raised $433 million for its third fund in the largest final close by a SE Asian VC firm in 2021. Jefrey Joe is a venture capitalist with tech, product and consulting background. He sits on the board of some of Indonesia’s fastest-growing startups, including Kopi Kenangan, Kredivo, and Lemonilo.

AC Ventures managing partner Helen Wong was ranked among the top 100 VCs in China and the top 25 female VCs in China by Forbes. Prior to joining AC Ventures, she was a Partner at Qiming Venture Partners, focusing on its internet and consumer sectors. Her successful exits include Mobike, LuoJiSiWei and Lagou. She led the firm’s SE Asian investment strategy and has invested in Akulaku (unicorn), and RedDoorz. Prior to Qiming, she was a founding member at GGV Capital for approximately 10 years in China and Silicon Valley.

Eddy Chan is a founding partner of “Indonesia-only” independent venture capital firm Intudo Ventures. Intudo’s portfolio companies include Xendit, Pintu, Pinhome, Halodoc, Kargo, PasarPolis, Nalagenetics, Populix, and more. Intudo closed its third fund at $144 million.

Karan has 18 years of global experience with over 11 years in technology-focused venture investing. At B Capital, Karan Mohla leads early-stage investments in India & South-East Asia.  B Capital Group this year closed its $250-million early-stage Ascent Fund II, which seeks to invest in pre-seed to Series A rounds globally.

Join this insightful session on the case for venture capital in Indonesia.

Indonesia is on road to becoming EV hub but challenges persist

Indonesia’s nascent domestic electric vehicle [EV] industry is showing promise given the government’s intent to push investments and development in the sector to achieve a reduction in carbon emission targets. What is seen as accelerating EV sector development is the growth potential in the two-wheeler segment and increased adoption by ride-hailing and delivery giants as they seek to electrify their fleets. Indonesia is also intent on taking advantage of its large reserves of nickel to become a global hub for electric vehicle (EV) manufacturing and exports.

This panel features Indonesian deputy minister Rachmat Kaimuddin who will shed light on the efforts made to attract investments and develop the EV ecosystem in Indonesia.

From the EV industry side, we have Patrick Adhiatmadja, managing director, Electrum – a JV between GoTo and TBS Energi Utama. Electrum is targeting to start producing electric motorcycles in 2024. Hear from Purbaja Pantja, director & chief investment officer, Indika Energy [Alva One] on the firm’s vision to become an electric mobility champion and reshape sustainability. We will also feature Irwan Tjahaja, founder and CEO of Swap Energi, a startup that offers battery-swapping solutions for electric vehicles. In 2021, Swap launched its electric motorcycle brand called Smoot.

We also have Rigel Capital partner Nirmal Rajaram, who is an experienced senior management executive with a 17-year professional experience across enterprise risk management, corporate finance, industrial and business process restructuring, energy efficiency management, and leadership skills in scaling and turning around the businesses.

Join this panel to learn more about the opportunities and challenges to EV adoption in Indonesia and the road ahead.

Consumption theme holds strong despite economic headwinds

Despite global uncertainty, Indonesia’s economic outlook remains strong thanks to its domestic demand driving growth. With a population of over 260 million and a growing middle class, Indonesia is the largest consumer market in SE Asia. Once known as an investment destination largely for natural resources and commodities, Indonesia has steadily been seeing growing interest in the consumer space that has not been left behind by digitalisation trends. As more and more consumers access products and services online, following the pandemic-induced consumer behaviour shift, newer models and blended channels are emerging to capture growth. Our panelists are at the forefront of the new consumption trends playing out in Indonesia.

Meet Deepak I Shahdadpuri, who set up DSG Consumer Partners in 2012 to invest in  consumer-focused companies in India and Southeast Asia. DSG has invested in the restaurant booking app Chope, grocery e-mart Redmart, plant-based frozen food chain Kind Kones, and gummy vitamin brand YOUVIT, among others.

We also have Eric J. Kim, co-founder and managing partner, Goodwater Capital, which has invested in leading consumer internet companies such as Coupang, Xendit, Viva Republica (Toss), MoMo, and EverlyWell.

From the founders’ side, the panel will feature Edward Tirtanata, co-founder and CEO of the Indonesian grab-and-go coffee chain Kopi Kenangan. Established in 2017, Kopi Kenangan entered the unicorn club last year after it raised $96 million in Series C funding.

Brand aggregator Hypefast founder Achmad Alkatiri will speak about building and scaling up digital native fashion, beauty, health and lifestyle brands across Indonesia, Singapore, Malaysia and Thailand.

We also feature Rama Suparta, the co-founder of SATURDAYS, an online-first DTC eyewear brand. The firm also operates brick-and-mortar locations in top-tier Indonesian malls.

Join this session to stay on top of Indonesia’s consumption space.

Alternative capital sources and structures gain steam amid funding winter

The global macro environment and stock selloff have started to severely impact the tech startup ecosystem as investors exercise caution. As growth-stage tech companies grapple with fundraising challenges, valuation resets and down rounds, the market seems ripe for alternative financing options. Companies are resorting to new instruments such as convertible notes, venture debt, pure debt, or bridge rounds to survive the storm. In this session, we will explore the growing appetite for new capital streams and also structures such as secondary financing, preferred equity, warrants, anti-dilution clauses and liquidation preferences.

We have put together a cross-section of panelists who bring deep expertise across various financing avenues to share their insights on new funding trends at play.

MDI Ventures CEO Donald Wihardja has over 20 years of experience and a track record of running and managing technology companies and tech investments. As CEO of MDI Ventures, Telkom Group’s corporate VC unit, he seeks to not only deliver capital gains on investments but foster innovation in the startup ecosystem.

We also have Jessica Huang Pouleur, partner at Openspace Ventures, where she leads the mid-stage growth fund OSV+. She has over 14 years of growth- and late-stage investment and corporate strategy experience across Asia Pacific. She was previously leading the investment team in Southeast Asia for Providence Equity Partners.

Innoven Capital SEA partner Paul Ong brings more than a decade of experience in corporate debt origination and structuring in Southeast Asia. He led more than 30 venture debt investments across the region to companies such as Ruangguru, Tiki, Akulaku and eFishery.

Joshua Augusta represents Vertex Ventures SE Asia and India, a prolific investor in Indonesia having backed homegrown startups including HappyFresh, Aruna, and TaniHub.

And, Fandy Cendrajaya manages Kopital Network, an angel investor network of startup founders and executives to help new Indonesian founders with funding and expert advice.

Join this panel to know whether this trend will trigger a long-term shift in venture capital play.

Fireside chat: Why Indonesia is ripe for a long-term investment boom

In this fireside chat, Indonesia’s vice-minister of health Prof. Dr. Dante Saksono Harbuwono will share his perspective on how Indonesia is ripe for long-term investments across various sectors, including healthcare.

Indonesia is riding on favourable macro drivers including demographics, rising middle class, domestic consumption-led growth that make it a favourable destination for capital allocations and promise to generate great multiples for investors. The pandemic-induced accelerated digital adoption has expanded the market potential further.

This session will explore the various sectors in Indonesia that are ripe for technology, innovation and investments.

The vice-minister will be in conversation with Pandu Sjahrir, who is one of Southeast Asia’s leading investors in the seed and early growth stages. Indonesia-focused Indies Capital has invested over $700 million in the past 7 years. Indies Capital also has a strategic alliance with AC Ventures, an ASEAN-focused seed and early-stage fund. Indies Capital and AC Ventures have invested in over 100 companies that have generated over $40 billion in shareholder value and 200 new entrepreneurs in Southeast Asia.

Keynote address: Transforming healthcare in Indonesia through technology and innovation

Prof. Dr. Dante Saksono Harbuwono has been serving as Indonesia’s deputy health minister starting from 2020, when he took on the role at the peak of the coronavirus pandemic.

He was appointed as a member of the Indonesia Presidential Medical Team in 2014 – a position which he has been serving until now. He has also been appointed as an Alternate Board Member of Global Fund, which will run until 2026.

Prof Dante Saksono Harbuwono completed his medical specialty in endocrinology at Faculty of Medicine, University of Indonesia, in 2004. He earned Doctor of Philosophy at University of Yamanashi, Japan, in 2008. The diabetic molecular expert was appointed as the Chief of Metabolic Disorder, Cardiovascular and Aging Cluster at Faculty of Medicine, University of Indonesia from 2015 to 2020.

At the Indonesia PE-VC Summit, the vice minister will deliver a keynote speech on the topic – Transforming healthcare in Indonesia through technology and innovation. He will shed light on the power of technology and innovation in improving access to reliable, affordable and effective healthcare solutions for Indonesia’s 280-million-strong population.

Keynote address: Opportunities abound as Indonesia prospers amid global crisis

John Riady helms Lippo Karawaci and Siloam International Hospitals, respectively the largest real estate and hospitals company in Indonesia. He is also executive director at Lippo Group and is an active investor in the Southeast Asia technology sector. The Lippo Group is often seen as a proxy for the Indonesian economy. Its interests in various verticals — real estate, private healthcare, and tech investments — place it at the centre of SE Asia’s largest economy.

As Lippo CEO, John Riady has focused on concentrating on the sweet spots in real estate and healthcare businesses. He is betting on macro drivers like urbanisation and demographics, as well as the digitalisation of healthcare to spur growth at the group’s businesses.

Prior to taking over as CEO, Riady led the group’s digital efforts and investments in SE Asia’s technology sector including in e-payment platform OVO. The group has made over 40 investments in Indonesia’s tech sector, which Riady believes is at an inflection point. In his address, Riady will take us through how a resilient economy can spur investments amidst global economic uncertainty. 

Fireside Chat: Straddling a PE and VC strategy to tap new digital scripts in Indonesia

Southeast Asia’s growth story, driven by favourable demographics and macroeconomic indicators and rapid digitalisation trends, has resulted in several mainstream private equity firms cutting smaller cheques to lap up early-stage opportunities. Northstar has raised five private equity funds. An early backer of Indonesia’s Gojek (now part of GoTo Group), Northstar is not new to betting on early-stage tech companies in the region. Northstar has invested in over 50 digital deals including recent investments in crypto exchange Pintu, podcast platform Noice, agritech Sayurbox, and edtech Zenius Education, among others. The SE Asian PE major is raising a new vehicle targeting smaller ticket-sized deals. We will quiz Walujo on the  opportunities and challenges that exist in pursuing a multi-stage investment strategy and some of the emerging digital trends unfolding in the region.