Tech in Asia Campus Visit September 20, 2014 at ITB, Bandung Brought to you by Tech in Asia (http://id.techinasia.com) Speaker: Arip Tirta, Co-founder and CEO at UrbanIndo LinkedIn Profile: http://linkd.in/14vlyLg

1. TechInAsia – ITB College Visit
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Redefining Indonesia
One Startup at a Time

2. • Started in 2010: Koprol, Disdus, DealKeren, Rumah123,
Rumah.
• Validation from global tech company: Ebay, NetPrice,
Veritrans, Rocket Internet, etc.
• 1st
wave of investors: East Ventures, Cyber Agent
Ventures, Gree Ventures, Ideosource, etc.
• Indonesia's investment ecosystem is evolving at pace.
More VCs are actively looking to invest in Indonesia.
Incubators and angels have become more recognized
as a capital source and Indonesian conglomerate
groups have established their own venture arms to
make investments in Indonesian startups as well.
TechInAsia – ITB College Visit
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Indonesia’s 1st
Internet boom

3. South East Asia’s largest economy
• 4th
most populated country in the world
• Favorable demographic
• Robust domestic consumption
• Rising middle class
– BCG: 141 million of Indonesian middle class and
affluent by 2020
– McKinsey: Estimates 90 million Indonesians will join
the “consuming class” by 2030
• Big online presence and growing: over 70 million
internet user or 28% of total population growing
at 13% in 2013 (APJII).
TechInAsia – ITB College Visit
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Indonesia is The next big thing

4. • The future of Indonesia is at our hands
– Internet boom: Once in a life time event that not
only changes how people live but also redefines
how people do business.
– We can redefine how Indonesian live and do
business for the better.
• Thanks to internet and technology
dependence, tech entrepreneurs/computer
engineers can make a huge impact in a short
period of time.
TechInAsia – ITB College Visit
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Golden era for computer engineers

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Our Property listing part 3

8. • Whether we like it or not, the world has
changed. Globalization with localization is the
new trend and will probably stay for good.
• Many global internet companies rely more
and more on the emerging market for growth.
• We can let others to redefine how we live by
not doing anything and accept the new way of
living.
• OR ….. We can contribute directly by starting
our own tech startups.
TechInAsia – ITB College Visit
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Globalization is here for good

9. Redefining marketplace
Now
TechInAsia – ITB College Visit
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Then

10. Redefining travel agency
TechInAsia – ITB College Visit
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Then Now

11. Redefining GAming
TechInAsia – ITB College Visit
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Then Now

12. Redefining shopping
TechInAsia – ITB College Visit
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Then Now

13. Redefining Real Estate
TechInAsia – ITB College Visit
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Then Now

14. TechInAsia – ITB College Visit
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15. Why
being a nerd
is the
new cool?
FAMOUS
SMART
YOUNG POWERFUL
RICH

16. Fastest way?
TechInAsia – ITB College Visit
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From this To this

17. Why
being a nerd
is the
new cool?

18. Fastest and most probable way?
TechInAsia – ITB College Visit
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From this To this

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20. TechInAsia – ITB College Visit
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Indonesian entrepreneurs by the numbers
In less than 5 years, 9 selected Indonesian startups
has raised over $30 million USD with total
estimated valuation of $225 million USD*
* Based on my personal conservative estimation

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22. • Turn your passion to push Indonesia forward
• If you don’t want to do it for Indonesia, do it
for yourself
TechInAsia – ITB College Visit
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The time is now
Mind is a terrible thing to waste. While
you are still young, go crazy, be smart,
rich and powerful, follow your dream
and make a difference.

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