PR93857

JAKARTA, Indonesia, Dec. 24, 2021 /PRNewswire=KYODO JBN/ --

Government-backed JEJALA ID will host talks on Indonesia Market Insights on

January 2 and Virtual Matchmaking between VCs and curated startups on January 3.

Indonesian startups are taking the center stage at the country's Pavilion at

the Expo 2020 Dubai. Around 30 top Indonesian startups are showcasing their

companies at the expo, bringing into view the potential of Indonesia's startup

market landscape and the opportunity for growth in the industry that investors

can tap on.

Indonesia is a home to a growing number of startups, with eight decacorn

companies valued at over USD 1 billion, two of which achieved the milestone in

2021. Indonesia's capital Jakarta ranks third in the Top 100 Emerging Startup

Ecosystem 2021, according to Global Startup Ecosystem Report 2021, with over

USD 28,03 million invested in the first half of 2020.

80% of startups participating at the EXPO represent Indonesia's growing digital

economy ecosystem, coming from sectors such as Edutech, Fintech, Healthtech,

Legaltech, Foodtech, IoT, and SME digital solutions. Other sectors showcased

also include aquaculture, manufacturing, and logistics. Most startups are

recent alumni of the government's accelerator programs such as Startup Studio

Indonesia, Gerakan 1000 Digital Startup, and idenTIK.

"We are thrilled to take part in the EXPO 2020," said Nadia Amalia, founder of

Sribuu, one of the startups showcasing at the Indonesian Pavilion.

"International events such as this can be instrumental in driving the growth of

the ecosystem, as we raise global awareness towards the potential of Indonesian

startups."

Global awareness on focus

At Expo 2020 Dubai, Indonesia's government-backed JEJALA ID will also bring a

host of programs aimed at driving up awareness. JEJALA ID was launched as a

four-month networking program that spans multiple regions to facilitate the

foreign investment landscapes in Indonesia's startup ecosystem.

The series of events kicked off in October 2021 with pre-event roadshows

attended by 45 VCs and international investors from Japan, Singapore, Europe,

and the United States. The program will culminate at the Expo 2020 Dubai with a

panel series on Indonesia Startup Market Insight and a one-on-one Virtual

Matchmaking session between VCs and curated Indonesian startups.

"This strategic matchmaking session will give international VCs the front seat

at what's brewing in our thriving markets and an opportunity to be a part of

it. For purpose-driven investors, it will also give them access to work with

companies that are aligned with their missions," said Semuel Pangerapan, the

Director-General of Informatics Applications of The Ministry of Communications

and Informatics of Indonesia.

On January 2, Semuel will join other panel speakers namely Italo Gani, Venture

Partner of East Ventures; Adrian Gilrandy, CEO and founder of Praktis, and

Williem, CEO and founder of Verihubs. The VCs Virtual Matchmaking will be

hosted on January 3, 2022.

To join the online panel session and for more information about the 30 startups

that participated at the Expo 2020 Dubai, please visit jejala.id or contact us

at info@jejala.id

About the Ministry of Communications and Informatics

The Ministry of Communications and Informatics is the official government

agency of Indonesia tasked with formulating and implementing national policies

in the field of communication and informatics. It is also responsible for

accelerating the distribution of information technology and digital

infrastructure so that the public can have efficient access to up-to-date

telecommunications and internet networks.

For more information about JEJALA ID as well as the startup industry in

Indonesia, visit the Ministry of Communications and Information Technology's

website at www.kominfo.go.id.

SOURCE: Ministry of Communications and Informatics Republic of Indonesia

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   Caption: Jejala Indonesia Dubai Roadshow