OwlTail

Cover image of Indo Tekno Podcast
Business
Technology

Indo Tekno Podcast

Updated about 1 month ago

Business
Technology
Read more

A podcast devoted to covering major trends that drive the Indonesian tech scene.

Read more

A podcast devoted to covering major trends that drive the Indonesian tech scene.

Best weekly hand curated episodes for learning

Cover image of Indo Tekno Podcast

Indo Tekno Podcast

Latest release on Jan 11, 2021

Best weekly hand curated episodes for learning

The Best Episodes Ranked Using User Listens

Updated by OwlTail about 1 month ago

Warning: This podcast data isn't working.

This means that the episode rankings aren't working properly. Please revisit us at a later time to get the best episodes of this podcast!

Rank #1: The 'Kosts' of Indo Co-living: Sabrina & Sarah Soewatdy of Rukita

Podcast cover
Read more

In our first podcast of 2021, Sabrina and Sarah Soewatdy, co-founders of leading Indonesia co-living platform Rukita, discuss how they have revolutionized Indonesia's traditional "kost" model. They also reflect on how COVID led to dramatic yet successful shifts in Rukita's customer focus, the blatant honesty between sister/co-founders, and the digital demands of Indonesia's millennial university student and young professional.

Transkrip Bahasa Indonesia di sini.

Jan 11 2021

17mins

Play

Rank #2: Many Paths to IPO: Delano Musafer & Jennie Dong of NYSE

Podcast cover
Read more

"I would expect Indonesian IPO's in 2021 and 2022," states Delano Musafer, Head of Asia-Pacific Capital Markets for the NYSE (New York Stock Exchange). Delano is joined in the third episode of our “From Warung to Wall Street” series by his colleague Jennie Dong, Head of SPAC’s at the NYSE. Jennie’s insights are very timely, given recent news that Peter Thiel’s Bridgetown SPAC (special purpose acquisition company) may seek to merge with Indonesia e-commerce stalwart Tokopedia in a ~USD10b deal

 As a follow-on to our October 6th Indo Tekno episode on “The SPAC Opportunity” with Andy Tai of Goldman Sachs, Jennie explains the massive expansion in SPAC's in 2020. SPAC fund-raisings stand at roughly 4X last year levels, and they have moreover raised more than traditional IPO alternative in 2020. Jennie expects SPAC’s to “serve the same purpose in emerging markets” such as Indonesia as they have in the US, “allowing high quality companies to go public through a SPAC business combination.” Jennie views the greater certainty around pricing and valuation that comes with early pricing negotiations, and the opportunity to capture additional financing through a PIPE, as some of the many benefits that have driven a resurgence in attraction to the SPAC by entrepreneurs and investors.

 The world's largest stock market with USD28 trillion in market cap and USD150b in turnover, the NYSE is the listing venue of 130 Asia-domiciled companies. Yet only two Indonesian companies are currently listed on the NYSE. Delano is optimistic that some of today’s leading Indonesian technology companies will find their way to the NYSE. His most important advice to the aspiring Indo entrepreneur in preparing to list on the NYSE: "Choose good advisors!"  

As this is the last Indo Tekno episode of the year 2020, we wish you all a fantastic year-end and a prosperous New Year! Selamat berlibur, semoga tetap aman dan sehat.  Selamat tahun baru! Thank you for listening!

(Transkrip Bahasa Indonesia di sini)

Dec 21 2020

12mins

Play

Rank #3: Cruising Post-COVID: Aaron and Aditya of Carro

Podcast cover
Read more

A November Ernst and Young report reveals that nearly a third of those without a car surveyed intend to buy a car in the next six months.  They cite the COVID-19 pandemic, originally blamed for a near paralysis in car-buying earlier in 2022, as one of the top reasons for the planned surge in purchase activity. Aaron Tan and Aditya Lesmana, cofounders of Carro, Southeast Asia's largest automotive marketplace, join us to discuss this recovery, the application of AI to the online car industry, and the company's massive growth and diversification plans through 2023.

Digitally native millennials will be the main driver of this recovery in buying behaviors, thus playing well into Carro's online marketplace model. The company however also realises that maintaining offline services such as repair and maintenance will be critical to owning the entire stack of services. 

The shorter term 2021 plan is focused on accelerating B2C transactions, growing Carro's wholesale business by 3-4X and expanding gross profit. Aaron meanwhile feels that Carro's "AI-driven retail buying experience" most prominently differentiates it from other online automotive marketplaces. 

(Transkrip Bahasa Indonesia di sini)...

Dec 15 2020

23mins

Play

Rank #4: Good Talent? Hard to Find!: Antonio Mazza of WeNetwork

Podcast cover
Read more

"Talent Shortage" is far-and-away the biggest challenge cited by Indonesian tech employers in this year's RGF HR report. Our guest Antonio Mazza, co-founder of leading Indonesia-based recruitment firm WeNetwork, reveals that 80% of hiring managers claim that the shortage of tech talent is so severe that it has negatively impacted speed of product development.

Not surprisingly, Product and Engineering roles are the most common recruiting mandates amongst WeNetwork's clientele. Antonio on the podcast delineates the Top 10 coding skills in greatest demand. On the executive placement side, WeNetwork deals most with leadership mandates in Software Engineering, People, Strategy and Product.

Much of Antonio's prescription to founders seeking to insulate their teams from being "cherry picked" by the decacorns is straighforward: HR teams should overhaul comp packages. Many existing benefits are in fact never even used.  While most everyone is expanding their comp architecture from base salary to include more long term incentives, those companies boasting the best retention rates "work for their employees" he says, offering valuable training, mentorship and internal mobility opportunities.

"Virtual hiring and remote working are here to stay" post-COVID, states Antonio. The key is to determine "when virtual is best, and when in-person is more appropriate."

Dec 07 2020

20mins

Play

Most Popular Podcasts

The Joe Rogan Experience

TED Talks Daily

The Tim Ferriss Show

The Daily

Stuff You Should Know

Oprah's SuperSoul Conversations

Armchair Expert with Dax Shepard

Rank #5: The Future Pharmacy: Farouk Meralli of mClinica

Podcast cover
Read more

The Indonesian authorities have "done a great job in negotiating with the COVID vaccine suppliers for advanced commitments," says today's Indo Tekno Podcast guest, Farouk Meralli of mClinica. "Where it's going to get very difficult is distribution. This is a logistics effort like we've never seen before."

mClinica is Southeast Asia's largest online pharmacy network. Its all-digital Trade and Patient solutions enable more than 40,000 pharmacies, who interact with 150 million patients, to operate more efficiently and effectively, both in Indonesia and across Southeast Asia. The traditional pharmacy is a center of activity unlike its counterpart in the West: in Southeast Asia, customers visit pharmacies 12x a year, and physicians only 1.2x a year. mClinica addresses the industry's profound fragmentation. Its SwipeRx pharmacy "super-app" solves several age-old challenges for mom-and-pop pharmacies, including: 1) the purchase of pharmaceuticals on discount, 2) access to credit, 3) frictionless payments and 4) direct delivery.

SwipeRx's  most popular features involve content and education. It is now SEA's largest education provider for pharmacy professionals. Farouk also profiles on our podcast how the world's leading pharma brands, regional governments and global NGO's also benefit from mClinica's many pharmacy-centric solutions.

(Transkrip Bahasa Indonesia di sini)...

Nov 30 2020

23mins

Play

Rank #6: People as Priority: George Hendrata of Tiket.com

Podcast cover
Read more

 "Our advantage is our people," states George Hendrata, CEO of Indonesian online travel agent (OTA) Tiket.com. The term "people" in fact comes up no less than 30 times in our interview, more than four times as frequently as the average guest on the Indo Tekno podcast. This philosophy, quite common throughout the broader Djarum Group, espouses not just Tiket.com employees, but also the platform's obsession with customer service. 

Tiket.com seeks to democratize travel for the average Indonesian, and make it fun and effortless. The company's employee and customer-centricity however has been put to the test in 2020. The recently released Google-Temasek-Bain report anticipates a near 60% decline in the Southeast Asia OTA segment in 2020. Tiket.com has sought to avoid headcount reductions despite the unprecedented headwinds that the pandemic has fanned. George notes that the "green shoots" of recovery have recently sprouted up in the form of a gradual rebound in domestic travel.

Although George views competition in OTA as much more "sane" that in e-commerce and ride hailing, the company has had to defer plans to break-even in 2020 for another couple years due to COVID. But Tiket.com is optimistic around the prospects of industry recovery in 2021 from this year's USD14b, en route to a longer term Google-Temasek forecast of USD60b for the region by 2025.

(Transkrip Bahasa Indonesia di sini)

Nov 23 2020

20mins

Play

Rank #7: Transforming Groceries: Guillem Segarra of HappyFresh

Podcast cover
Read more

Nearly 50% of grocery delivery customers in the past six months had never used such services prior to COVID, according to the new Google Temasek Bain "e-Conomy SEA 2020" report. In this episode, we invite on Guillem Segarra, CEO of HappyFresh. Guillem discusses this radical growth in demand; how HappyFresh as the region's leading pure-play has dealt with an influx of competition from Gojek, Grab and others; and what the future looks like for Indonesia's supermarkets.

Having adopted an asset-light model that connects brick-and-mortar grocery stores to customers, HappyFresh's trinity of priorities is: 1) selection, 2) ease-of-use and 3) value-for-money. The company's marketplace approach enables easy scaling and profitable unit economics, leaving consistency of experience and customer satisfaction as crucial initiatives in competing with its more asset-heavy, vertically-integrated competition.

The 2021 plan is to help deepen the digital sophistication of its supermarket partners, expand geographically and grow its intimacy with the customer through loyalty programs and the like, as HappyFresh pursues a share of what should be a USD10b market by 2025.

(Transkrip Bahasa Indonesia di sini)

Nov 16 2020

29mins

Play

Rank #8: Credit Where It Counts: Akshay Garg of Kredivo

Podcast cover
Read more

Credit card ownership in Indonesia has risen at an anaemic 2.3% CAGR over the past 10 years, this despite an absolute burgeoning in use cases such as e-commerce and other forms of consumption in the country. JP Morgan for instance last year estimated that there were a mere 0.59 e-commerce enabled debit cards per capita and 0.07 e-commerce enabled credit cards per capita in Indonesia.

Our guest this week is Akshay Garg, Cofounder and CEO of FinAccel, which operates Kredivo, its flagship “Buy now, Pay later” solution. Akshay reflects on the company's dual obsession with: a) improving access to credit for Indo consumers and b) reducing e-commerce payment frictions. Akshay views an early call to build Kredivo's own tech stack in areas such as credit scoring as invaluable to the company's dominance in the space, both as an e-commerce check-out option and across other Point-of-Sale (POS) use cases.

While COVID drove a sudden 50% decline in activity earlier this year, Akshay indicates that Kredivo's business is now at better than pre-COVID levels.  The pandemic had slowed regional expansion, but Akshay expects to add 1-2 markets over the next several months, while looking into new lines such as education & healthcare loan products.

Competition in online payments is intense. And while the "buy-now-pay-later" space similarly remains competitive, Kredivo intends to deepen its symbiosis with Indonesia's leading e-commerce platforms as a leading check-out solution, much in the same way PayPal has in the US, or Klarna has in Europe.

(Transkrip Bahasa Indonesia di sini)...

Nov 09 2020

27mins

Play

Rank #9: The Big Picture: Gita Wirjawan of Ancora Group

Podcast cover
Read more

"I try to spend every day...with somebody who is in the tech space," comments Pak Gita Wirjawan. This week's guest to the Indo Tekno Podcast brings to bear insights from a sweeping career which ranges from government service at the highest levels, to extensive involvement in Indonesia's tech ecosystem as entrepreneurial investor and mentor.

Most widely known as Indonesia's Minister of Trade from 2011 to 2014, Gita Wirjawan reflects on the broad tapestry of interests that he began to weave from early youth; from winning golf tournaments while living with family in Bangladesh at the age of 13, to his appearance on no less than 14 albums regaling audiences as an award-winning jazz performer during his stint in the US.

Gita's greatest passion centers on education. His Ancora Foundation has a mission of helping both early stage education and graduate studies for talented Indonesians. Gita also mentors a large number of Indonesia's rising "technopreneurs" on a daily basis. Some of his conversations with young leaders of Indonesia's tech world are featured on Gita's popular podcast "Endgame."

Gita remains extremely optimistic about Indonesia's longer term economic prospects, but differs with some of his peers in his belief that digging out of the COVID crater may take multiple years, not months. Gita is hopeful that the new Omnibus Law will benefit Indonesia's tech sector, and more broadly help lift the country from current levels of $91 worth of FDI (foreign direct investment) per capita, closer those of Malaysia ($270) or Singapore ($19,000).

(Transkrip Bahasa Indonesia di sini)...

Nov 02 2020

24mins

Play

Rank #10: Fintech's Golden Opportunity: Claudia Kolonas of Pluang

Podcast cover
Read more

(Transkrip Bahasa Indonesia di sini)
...
While the average Indonesian has always had an appreciation of gold as a reliable investment, the ravages of COVID have driven massive volumes into this "safe haven" asset. The user base of Indonesia's leading digital gold and investment platform Pluang for instance has grown a stunning 20 times since the start of the pandemic. Gold moreover has returned 36% over the past year in Rupiah terms.

Our guest on Indo Tekno, Pluang cofounder Claudia Kolonas, discusses both this exciting corner of Indonesia's FinTech scene, while also reflecting on the many challenges that face the female entrepreneur in Indonesia.

As a student at Harvard Business School, Claudia and her cofounder began on working on a business plan with inspiration from an HBS course titled "Business at the Base of the Pyramid." Pluang's focus is on unbanked, first-time investors in Indonesia and, as such, it collaborates extensively with strategic partners such as Gojek to improve digital and financial literacy amongst these first time investors. The platform enables investment in Sharia-compliant digital gold products. Pluang meanwhile has its sites set on other traditional financial products such as equity indices, fixed income products and mutual funds

With women representing only 22% of Indonesia's tech workforce (far below the region's 32%),  Claudia exhorts employers to consider expanding support of working women in the form of on-site daycare and other facilities. She meanwhile counsels aspiring female entrepreneurs to be brave and "outspoken", and to "lean in" to opportunities and be ready to grab what they can.

Oct 26 2020

22mins

Play