Indonesia is receiving increasingly positive signs that it’s going to turn out to be a startup base in Asia like Silicon Valley. Many Indonesian startups have won some startup competitions, starting from local events to events organized by Silicon Valley, the world’s predominant startup and technology hub. The latest achievement was awarded to Indonesian on-demand laundry start-up Ahlijasa, which also offers mobile home cleansing and air-con repair services.
Ahlijasa won the appropriate to compete with 15 startups from around the globe within the Startup Word Cup 2017 championship in Silicon Valley. With these achievements, Ahlijasa was expected to represent Southeast Asia within the event.
The startup, which beat out nine other Southeast Asian startups from Singapore, Malaysia and the Philippines within the regional championship, can have a probability to win $1 million on the March event, hosted by Silicon Valley enterprise firm Fenox Capital.
Ahlijasa, which connects dozens of independent laundry services with customers through its website and mobile app, is one in all many emerging tech startups which have found success by offering services that make the on a regular basis lives of Indonesians easier.
We can mention the mobile motorcycle taxi Go-Jek, e-commerce stores Bukalapak and Tokopedia, Muslim fashion e-commerce store HijUp, in addition to online travel site Traveloka, are just a few examples of former start-ups which have managed to scale their operations. business as foreign enterprise capitalists see growth in Southeast Asia’s largest economy.
Anis Uzzaman, CEO of Fenox Venture Capital, which invests multimillion-dollar funds in startups within the US, Asia, the Middle East and Europe, has a vision that Indonesia could turn out to be Asia’s Silicon Valley. “I won’t be surprised if Indonesia becomes Asia’s Silicon Valley in three to five years,” Anis said, reported by The Jakarta Post.
Indonesia’s technology-based startups are gaining momentum because the middle-income segment booms, and the country’s web user base is anticipated to double by 2020 from the present 100 million users, the fifth-largest number on the planet.
Despite the strong presence of Indonesian startups, government support continues to be needed for web infrastructure and consumer education, enterprise capitalists and startups say.
It could be very possible to draw inventors from major foreign enterprise capitalists resembling Sequoia Cpital and Northstar to take a position in well-known Indonesian startups, giving them the driving force to grow. The growing interest of foreign enterprise capital firms in Indonesian startups shows a positive climate for local startups, despite gaps in digital infrastructure and knowledge across the country.
Source : Jakarta Post Office
Image source: 1000warnaindonesia
