Announcing new verticals, Plug and Play Indonesia will open opportunities for later stage startups in its third batch
The Indonesian chapter of Silicon Valley-based accelerator programme Plug and Play on Friday hosted a demo day event to celebrate the graduation of the second batch startups of its programme.
The 11 startups graduating from the programme are:
1. Cheers, a platform that helps developers integrate e-wallet function in their mobile app.
2. Dana Bijak, a lending platform that offers micro-lending for users across economic strata in Indonesia.
3. Datanest, a platform that utilises machine learning and artificial intelligence to process data and help decision-making process.
4. Duithape, am independent mobile payments platform that work across different OS, telco operators, and banks. It enables users to perform all sort of financial transactions such as withdrawal, transfer, and paying installment.
5. Gandeng Tangan, a P2P lending platform that helps SMEs secure short-term loan.
6. Gringgo, a mobile app to aggregate and manage garbage collector and recycle.
7. Indogold, a platform that enables users to invest in gold starting from 0.01 gram.
8. Manpro, a project management solution for construction workers. It helps users access documents or blue prints more easily.
9. Periksa ID, an integrated healthcare service management solution.
10. Trukita, a price comparison platform for trucks and cargo services.
11. Weston, a renewable energy system provider that provides affordable pay-per-use electricity for users in rural Indonesia.
Also Read: Plug and Play Indonesia first batch startups raise US$1M follow-on funding
The second batch was announced in January with 13 startups participating in the programme.
During the three-month programme, the startups had received facilities from the programme that include seed funding, workshops, one-on-one mentoring sessions, free office space, media relations, and connection to the programme’s corporate partners.
In a press statement, Plug and Play Indonesia explained that currently there are eight ongoing pilot projects between the startups and the programme’s corporate partners Astra Internasional, BNI, BTN, and SinarMas. There are also 18 ongoing discussions for upcoming projects.
“Our goal is to build an ecosystem where every party gets to play a crucial role. Corporations, with their capital and user base, can sinergise with startups as the tech and innovation providers,” said Plug and Play Asia Pacific Managing Partner Jupe Tan.
Third batch
Prior to the graduation of the second batch of its programme, Plug and Play Indonesia announced that it has begun opening registration for its third batch.
While Plug and Play Indonesia had been focussing on seed stage startups in the fintech and mobile sectors for its first and second batch, the programme plans to focus on startups in the Mobility, IoT, Food and Agritech, and Sustainability for its third batch.
It will also open its doors for later stage startups.
“We make the registration process as easy as filling the forms and uploading the pitch deck online. We hope to reach out to even more startups across Indonesia through this process,” said Plug and Play Indonesia Managing Director Wesley Harjono.
The registration process will be closed on April 30.
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Image Credit: Plug and Play Indonesia
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