Pemodal Ventura Jepang W Inc Mulai Tambah Portofolio Startup dari Indonesia

Pemodal ventura berbasis di Jepang, W inc., memperdalam investasinya di Indonesia. Baru-baru ini mereka mengumumkan investasinya ke startup social commerce Dagangan. Satu bulan sebelumnya, mereka juga baru mengumumkan investasinya ke platform proptech Jendela360.

Debut awal W inc. di Indonesia pada Juni 2023 lalu, tepatnya berpartisipasi pada pendanaan awal platform manajemen kreator Slice Group — dalam investasi tersebut Arise (MDI Ventures) dan Intudo Ventures turut terlibat.

Dalam pernyataannya, seperti dikutip dari LinkedIn, mereka berinvestasi ke Dagangan lantaran startup yang dinakhodai Ryan Manafe tersebut telah mencapai EBITDA positif untuk hampir semua operasi pusatnya, menunjukkan model bisnis yang kuat. Setelah mengumpulkan dana sebesar $18,5 juta, Dagangan berencana untuk menjangkau 75.000 desa, menawarkan produk berkualitas tinggi, dan membangun ekosistem ekonomi pedesaan yang komprehensif.

Sementara itu, investasinya di Jendela360 didasari kemampuan startup tersebut dalam menawarkan pengalaman yang terstandardisasi untuk pembelian/penyewaan properti, termasuk memastikan kualitas dan keamanan. Mulai dari penelusuran hingga transaksi, semuanya berjalan lancar di platform Jendela. Jendela berencana memanfaatkan dana ini untuk memperluas layanannya ke kota-kota besar lainnya, seperti Bogor, Surabaya, dan Bali.

Turut disampaikan, bahwa W inc. akan terus mengeksplorasi kemungkinan berinvestasi lebih banyak di Indonesia. Terlebih saat ini modal ventura tersebut juga sudah memiliki tim analis dari Indonesia. W inc. secara umum berinvestasi di startup tahap awal, pra-seri A, dan seri A dalam bidang lifestyle, entertainment, dan sports.

Pada Mei 2023 lalu, W inc. mengumumkan “W Fund 2” yang telah ditingkatkan nilainya ari 5 miliar Yen menjadi 7 miliar Yen, atau setara $45 juta. Lewat dana kelolaan baru ini, W inc. berkomitmen untuk mulai mengeksplorasi peluang investasi di Asia Tenggara. Selain menemukan potensi portofolio baru, diharapkan ini bisa menjadi jalur ekspansi bagi portofolio yang mereka miliki sebelumnya.

Bersinergi dengan Striders, Indogen Buka Peluang Portofolionya Jajaki Pasar Jepang

Pemodal ventura yang fokus kepada startup tahap awal Indogen Capital mengumukan perolehan investasi strategis untuk Fund II mereka melalui anak perusahaan Striders Global Investment. Bersamaan dengan investasi tersebut, selanjutnya Striders juga ditunjuk sebagai penasihat Indogen Capital untuk pasar Jepang.

Striders akan membantu Indogen dan perusahaan portofolionya untuk bisa terhubung dengan perusahaan di negeri sakura terkait dengan kegiatan penggalangan dana dan ekspansi pasar.

Di sisi lain, Striders telah menandatangani perjanjian kemitraan dengan Indogen pada bulan Juli 2020, untuk menjajaki peluang dalam ekosistem startup Asia Tenggara. Hingga saat ini beberapa portofolio yang telah diinvestasi meliputi Attention Holdings (esports) dan Travelio (proptech).

Selain Strider, terdapat beberapa investor lainnya yang juga terlibat dalam pendanaan Fund II Indogen Capital yang telah dirampungkan tahun 2020 lalu, hanya saja masih enggan untuk menyebutkan lebih detail. Sementara untuk Fund I Indogen Capital, telah diperoleh sekitar tahun 2017 lalu sebesar $10 juta dengan LP yang terlibat semuanya lokal dan 80% sudah tersalurkan.

“Kami sangat bersemangat tentang apa yang akan terjadi dengan kemitraan ini. DNA kami sejak hari pertama adalah untuk membantu pengusaha tampil lebih unggul di pasar Indonesia. Strider selalu mendukung tesis kami selama bertahun-tahun,” kata VP Indogen Capital Kevin Chandra.

Fokus Investasi Indogen Capital

Dari sisi sumber daya, Indonesia dinilai sangat menggugah dengan semua dinamika gaya hidup dan bisnis di dalamnya. Indogen Capital, sebagai VC dengan pengalaman terkait bisnis keluarga dan jaringan yang kuat, bertujuan untuk menjadi mitra bagi VC asing yang ingin melakukan ekspansi ke pasar Asia Tenggara, khususnya Indonesia

Memanfaatkan Fund II ini, rencana Indogen Capital ke depannya adalah akan tetap fokus untuk berinvestasi pada potential category leader dari berbagai sektor yang memiliki big addressable market. Yaitu dengan terus mereplikasi keberhasilan investasi portofolio yang ada.

Kisah sukses salah satunya adalah Carsome sebagai best practice marketplace jual beli mobil yang berhasil menjadi category leader di marketplace jual beli mobil dan baru saja dinobatkan sebagai  unicorn pertama dari Malaysia. Secara keseluruhan dalam waktu dua tahun ke depan Indogen Capital menargetkan untuk bisa berinvestasi kepada 15-20 startup.

“Covid-19 telah mempercepat adopsi digital dan inovasi. Ini memperkuat keyakinan kami bahwa masa depan ekonomi digital Indonesia masih sangat besar terutama di luar wilayah metro. Saya pribadi percaya bahwa waktunya tidak bisa lebih baik,” kata Managing Partner of Indogen Capital Chandra Firmanto.

Iklim investasi di tahun 2021

Sepanjang paruh pertama 2021 (H1), iklim investasi di Indonesia mendapati tren yang positif. Secara kuantitas dan nominal pendanaan jauh meningkat ketimbang periode yang sama di dua tahun sebelumnya.

Peningkatan pendanaan di paruh pertama 2021 dibandingkan dengan periode dua tahun sebelumnya / DailySocial.id

Menariknya, saat ditinjau dari putaran pendanaan yang didukung, H1 2021 paling banyak adalah tingkat lanjut (seri B atau di atasnya). Mengindikasikan adanya keinginan kuat bagi investor untuk mendukung lebih dalam portofolionya meningkatkan bisnis, kendati tengah berada di masa pandemi.

Pendanaan startup H1 selama tiga tahun terakhir didasarkan serinya / DailySocial.id

Niko Partners: The Growing Esports Viewership in Southeast Asia

The gaming industry in the Greater Southeast Asia region — including Southeast Asia and Taiwan — is estimated to be worth$8.3 billion USD by 2023. One of the primary driving factors behind the growth of the gaming industry at GSEA is esports. This is not a surprise considering that most gamers in Asia are also esports enthusiasts. According to data from Niko Partners, around 95% of PC gamers and 90% of mobile players in Asia are, to a certain extent, active or interested in the esports world. In a previous article, we already discussed the state of the gaming industry at GSEA in 2020. This time, we will dive deeper into the esports world in Asia, especially SEA.

The Esports Audience in Southeast Asia

According to Niko Partners’ data, the number of esports viewers in East Asia and Southeast Asia reaches 510 million people. Furthermore, around 350 million of these esports fans came from China, and the remaining 160 million are from Southeast Asia, Japan, and South Korea.

“There are approximately 100 million esports viewers throughout Southeast Asia. The number of viewers and players in each specific country, more or less, is directly proportional to the population size and internet quality in the country,” said Darang S. Candra, Director of Asia’s Gaming Market Research Company, Niko Partners. “In SEA, Indonesia has the largest number of viewers and esports players, followed by the Philippines, Vietnam, Thailand, Malaysia, and Singapore.” If you want more details regarding the statistics of the esports audience in SEA, you can refer to Niko Partner’s premium report.

The population size and internet speeds in Southeast Asian Countries.

The five countries in Southeast Asia with the largest population are Indonesia, the Philippines, Vietnam, Thailand, and Myanmar. In terms of internet speed, Singapore comes on top not only in the SEA region but also throughout the world. According to data from Speedtest, the average speed of a fixed broadband network in Singapore reaches 245.5 Mbps. As you can see in the table above, although Indonesia has the largest population, the country’s internet quality is relatively subpar when compared to the other countries in Southeast Asia.

The Philippines, by far, is the country in SEA that has racked up the most top-tier esports achievements. For instance, the Philippines managed to bring home the most medals (3 gold, 1 silver, 1 bronze medal) from the esports section at the 2019 SEA Games. As a comparison, Indonesia’s esports team only managed to win two silver medals.

The Philippines won three gold medals in three different games: Dota 2, StarCraft II, and Mobile Legends: Bang Bang. Last January, Bren Esports, a Filipino team, also won the M2 World Championship. The StarCraft II player who won the gold medal for the Philippines was Caviar “EnDerr” Acampado, a pro StarCraft II player since 2011. EnDerr is still active in the StarCraft II esports scene until this very day. In 2021, he has even won two minor tournaments called PSISTORM StarCraft League – Season 1 and Season 2. Last 2020, he also won a major Starcraft II tournament, DH SC2 Masters 2020 Winter: Oceania / Rest of Asia.

The Philippines also houses many talented Dota 2 players and teams. In addition to successfully bringing home a gold medal at the 2019 SEA Games, the Philippines also has a formidable Dota 2 team called TNC Predator. Not long ago, TNC won the Asia Pacific Predator League 2020/21 – APAC. In 2020, they also placed first in both the BTS Pro Series Season 4: Southeast Asia and ESL One Thailand 2020: Asia. Furthermore, they also won the MDL Chengdu Major and ESL One Hamburg in 2019. TNC is also one of the few SEA teams that consistently made it into The International, qualifying for four consecutive years from 2016 to 2019.

TNC Predator is regarded by many to be the best Dota 2 team in SEA. | Source: IGN

Another member of the Philippines’ esports arsenal is Alexandre “AK” Laverez. He is a professional Filipino Tekken player who brought home the silver medal at the 2019 SEA Games. AK is incredibly well-known in the global Tekken esports scene since 2013. At that time, he managed to place third in the Tekken Tag Tournament 2 Global Championship despite being only 13 years old. In addition, he also won the runner-up position at the WEGL Super Fight Invitational and EVO Japan 2019.

However, Indonesian esports teams also do have their own set of accomplishments. When compared to most esports organizations in other Southeast Asian countries, the Indonesian esports team is incredibly popular. In fact, the three most popular esports teams in Southeast Asia (EVOS Esports, Aura Esports, and RRQ) are all based in Indonesia.

Esports Tournament Ecosystem in Southeast Asia

The number of esports players and viewers in a region can only grow if its ecosystem is healthy and thriving. Fortunately, the esports industry in Southeast Asia has a lot of potential. Lisa Cosmas Hanson, President of Niko Partners, even said that it is incredibly likely that SEA will become a global esports center in the future. To test this prediction, we can take a look at the number of esports tournaments held in the region.

“In 2020, there were over 350 major tournaments held in the Southeast Asian region. This figure does not even include amateur or small-scale tournaments,” said Darang.

Phoenix Force from Thailand won FFWS 2021. | Source: The Strait Times

The esports tournament prize pools in SEA are also quite large. Free Fire World Series (FFWS) 2021 is, by far, the esports tournament with the largest total prize pool in the region, reaching $2 million USD. Furthermore, this tournament broke the record for the largest viewing numbers in all of esports. During its peak, FFWS 2021 managed to accumulate viewership numbers of 5.4 million people. In comparison, the 2019 League of Legends World Championship — the previous title holder of the largest audience in an esports tournament — only had a peak of 3.9 million viewers.

Besides FFWS 2021, another esports tournament that offers a massive prize pool is the ONE Esports Singapore Major, which has a hefty $1 million USD prize pool. In 2018, another Dota 2 tournament held in SEA, the Dota 2 Kuala Lumpur Major, also had a $1 million USD prize pool.

Currently, many esports leagues in Southeast Asia implement the franchise model, which is predicted to be the trend in the future. An example of these leagues is Mobile Legends Professional League Indonesia (MPL ID). There is also a rumor that MPL Philippines will be adopting the franchise model in Season 8. The Free Fire Master League has also used a league system similar to the franchise system. Each team is required to pay a certain amount of money if they wish to participate in the FFML. Esports organizations also have the choice to include more than one team to participate in the league. This contract between esports teams and the tournament organizers usually only lasts for the duration of one season.

Featured Image: Freepik. Translated by: Ananto Joyoadikusumo

Kembangkan Fitur Notifikasi Baru, Wantedly Perluas Ekspansinya di Indonesia

Platform perekrutan pekerja profesional terbesar asal Jepang Wantedly memperluas ekspansinya di Indonesia sejak mulai tersedia enam bulan lalu. Saat ini Wantedly mengklaim telah memiliki 5,000 pengguna dan 300 klien di Jakarta. Indonesia merupakan salah satu pasar yang disasar oleh Wantedly sebagai bagian dari fokus untuk tahun fiskal 2015 yang dimulai bulan September silam.

“Terdapat tiga fokus yang ingin kami capai tahun ini yaitu kesempatan untuk magang dengan skala internasional, mengembangkan usaha di kawasan asia tenggara serta infrastruktur,” kata CEO dan Founder Wantedly Akiko Naka kepada Japan Today.

Fitur International Internship atau kesempatan magang dengan skala internasional merupakan fitur terbaru yang terdapat di Wantedly untuk mengakomodir peluang para pelajar, kesempatan ini bisa dinikmati oleh seluruh pelajar yang ingin menambah pengalaman kerja di perusahaan secara global.

“Kita telah membuatkan aplikasi di iOS dan android dengan memfokuskan progam internship kepada pelajar tahun ini, Wantedly berusaha untuk mempertemukan perusahaan dengan pelajar sehingga para pelajar bisa menikmati pengalaman kerja sebelum kelulusan,” kata Akiko.

Saat ini terdapat dua kategori di Wantedly yaitu untuk klien dan pelajar. Sedikitnya terdaftar 12.000 klien yang telah menggunakan layanan dari Wantedly dan 40% dari jumlah tersebut adalah startup. Namun demikian Wantedly juga mencatat saat ini sudah semakin banyak perusahaan multinasional, bank hingga lembaga dan institusi yang menggunakan layanan melalui konsep media sosial, seperti panti jompo, sekolah, rumah sakit dan pemerintahan.

“Secara keseluruhan kami memiliki 600,000 pengguna aktif setiap bulannya, sebagian besar dari mereka telah memiliki pekerjaan tetap dan berasal dari perusahaan berbasis teknologi seperti engineers, designers, product designers, dan lainnya. Sementara itu pengguna dari kalangan pelajar hanya berjumlah sekitar 20% saja,” kata Akiko.

Pengembangan infrastruktur dan fitur terbaru

Inovasi serta fitur-fitur baru yang dinilai mampu membantu pengguna untuk mengakses Wantedly juga senantiasa dikembangkan oleh tim. Pengembangan infrastruktur yang saat ini sudah bisa digunakan yaitu API [application program interface]. Dengan tiga tombol terbaru yang berfungsi untuk notifikasi atau layanan messaging diantaranya adalah, “I want to drop by your office, ”Company Feedback,” dan “Auto Fill.”

Melalui API ini memungkinkan untuk pihak ketiga (third parties) mengakses database serta menyediakan informasi pengalaman kerja dari kandidat. Ke depannya Wantedly ingin menjembatani pekerja serta calon pekerja dan perusahaan.

“Rencana kami untuk jangka panjang di antaranya adalah untuk Go Public, tentunya semua ditentukan oleh kondisi dari pasar. Dengan didukung oleh tim yang ada saya percaya Wantedly mampu untuk menciptakan R&D serta menghasilkan produk terbaru yang baik,” tutup Akiko.

Nikkei BP Organizes IT and Gaming Companies Matchmaking in Jakarta

Nikkei Business Publications (Nikkei BP) organizes IT and Gaming companies matchmaking in Jakarta, which will be held on May 16 at Gran Melia Hotel – Kuningan. The event will be started at 10 AM until 7.30 PM, where the attendants shall join Conference, Business Meeting/Exhibition and Networking Party. The focus is to bridge better interaction between Indonesian and Japanese business people in this area, especially in smartphone industry.

Continue reading Nikkei BP Organizes IT and Gaming Companies Matchmaking in Jakarta

Rakuten Officially Terminates Joint Venture With MNC For Its Indonesia Operations

Japan’s e-commerce behemoth Rakuten officially ends its joint ventures in Indonesia with PT Media Global (MNC) for Rakuten Indonesia (PT Rakuten-MNC). After signing the agreement back in 2010 with 51% (Rakuten Japan) and 49% (MNC). This is the second time Rakuten terminates joint venture partnership after the dissolution of its China operations. Continue reading Rakuten Officially Terminates Joint Venture With MNC For Its Indonesia Operations

Can cute emoticons bring Line to the top?

A few days ago I found out another messaging app, yes I’m not kidding and it’s called Line. It may be just another messaging app available, but the fact that they have attracted more than 20 million download especially in South Korea and Japan does raise an interesting question.

Is there a market for niche messaging app such as Line? Apparently there is.

Line, developed by Naver Japan, subsidiary of Naver, of the most popular internet company in South Korea, have attracted massive followings because of their cute emoticons. At least that what all my friends said to me when I asked what differentiate Line from Whatsapp. Don’t get me wrong though, Line also has direct call feature, something Whatsapp doesn’t have. But the fact that the emoticon (or stickers) are the most popular differentiation factor for user is yet another interesting point.

Continue reading Can cute emoticons bring Line to the top?

CrossCoop Opens Jakarta Office To Bridge Japanese Entrepreneurs With Indonesia Market

If you’re seeing lots of Japanese tech companies lately, then you’re not alone. Companies like Rakuten, MicroAd, CyberAgent, AdWays, Gree, GMO Registry set up their office in Jakarta. This is why CrossCoop exists.

CrossCoop, a Japanese-based incubation office provider recently expand their service to Jakarta after launching in Singapore last month. The idea is to provide office space for Japanese-entrepreneurs doing business (especially Tech industry) in Jakarta, which is interesting, and also for local entrepreneurs. I can attest to the fact that they’re a lot of Japanese businesses planning to expand to Indonesia, and these people are CrossCoop’s target market.

Continue reading CrossCoop Opens Jakarta Office To Bridge Japanese Entrepreneurs With Indonesia Market

Japan’s MicroAd Expands Business in Indonesia

MicroAd, Japan-based ad network and data exchange platform company is expanding their operation to the huge un-tapped market of Indonesia. Working together with PT Rizki Bukit Abadi and PT Corfina Mitrakreasi in establishing PT MicroAd Indonesia.

PT Rizki Bukit Abadi who claimed to be a major shareholder in media conglomerate Global Mediacom (we can’t find any info to support or confirm this), while PT Corfina Mitrakreasi is a venture investment firm focusing mostly on IT startups. The company raised around USD $200k, with 51% for MicroAd and 49% for Corfina.

Continue reading Japan’s MicroAd Expands Business in Indonesia

Investing in Tokopedia, CyberAgent Ventures will Open Branch Office in Indonesia

Along with their portfolio expansion by funding towards TokopediaCyberAgent Ventures as investment company from Japan announced their plan to open Indonesia office. Nobuaki Kitagawa, Director of Overseas Investment CyberAgent Ventures, said, “We saw Indonesia’s huge potential in internet market, so we are planning to open an office here to develop our investment.”

Previously we’ve informed that CyberAgent Ventures has invested US$ 700,000 for Tokopedia and get 10% of stock share. This means Tokopedia’s valuation has reached US$ 7,000,000. This is an excellent achievement for Tokopedia, which was established less than two years ago. Previously Tokopedia also received fund from PT Indonusa Dwitama and East Ventures.

Continue reading Investing in Tokopedia, CyberAgent Ventures will Open Branch Office in Indonesia