Finance
Seedstars Jakarta, the Indonesian round of global seed-stage startup competition Seedstars World, on Friday named logistics startup Expedito as its first winner at Ruang & Tempo, South Jakarta.
Expedito is a price comparison website and online booking service for international shipping.
Selected out of nine finalists, Expedito will take part in the week-long Seedstars Summit in Switzerland in April 2019. The startup will have an opportunity to meet more than 65 winners from other Seedstars competitions, as well as investors and mentors from around the world. At the final day of the summit, the startups will pitch for an opportunity to win up to US$1 million in equity investment and other prizes.
In addition to Expedito, sharia-based P2P lending platform Ammana has been named as second prize winner while equity crowdfunding platform Bizshare has been named as third prize winner.
The finalists are include retail solutions provider Do-Cart, recruitment startup for blue collar jobs Pakaruto, GPS-tracking solutions provider Lacak, agritech startup Aglonera, queueing app Qiwii, and healthtech platform for patients of varicose vein disease Varises Indonesia.
The panel of jury for this event includes Arum Kalbuadi Putri (Openspace Ventures), Melina Subastian (Alpha JWC Ventures), Paul Luo (BStartup), Joseph de Leon (Gravitas Prime), Octa Ramayana (Digitaraya), and Gaby Fernandez Scala (Seedstars).
For this year’s event, Seedstars World Asia partners with Merck Accelerator to support early stage startups with a focus on life sciences.
To organise the Jakarta event, Seedstars work with Digitraraya, Kumpul, Prosehat and Ruang & Tempo, with support by Kibar, Greenhouse, FlySpaces, Freak Out, Bat Ventures, RASI, Asosiasi Tech Startup Indonesia, ANGIN and media partner Daily Social.
The event stated that it had attracted interest from over 110 startups and around 70 attendees.
