With the success of TINC Batch #9, Telkomsel Ventures will continue its partnership with AppWorks through new strategic initiatives to be unveiled in 2025.
Telkomsel Ventures, the corporate venture arm of Telkomsel, in collaboration with AppWorks, Greater Southeast Asia’s leading startup accelerator and venture capital firm, today jointly hosted TINC Batch #9 Demo Day, recognizing seven outstanding startups innovating under the theme “B2B Solutions & Emerging Technologies.” TINC Batch #9 was joined by seven select startups from AppWorks Batch #29 (AW#29), featuring startups hailing from Indonesia and Malaysia, as AppWorks’ first Jakarta-based Demo Day event.
With the success of TINC Batch #9, Telkomsel Ventures and AppWorks will continue close collaboration in 2025, enhancing the partnership through new strategic initiatives. By partnering together, Telkomsel Ventures and AppWorks will jointly cultivate the startup ecosystem, leveraging their rich resources to provide outsized support to startups and help founders succeed.
The deepening partnership comes as Telkomsel Ventures and AppWorks jointly held TINC Batch #9 Demo Day, unveiling seven startups focusing on the theme of B2B Solutions & Emerging Technologies. Over the past six months, participating startups worked closely with Telkomsel Business Units (BUs). All startups were able to create successful proof of concepts (PoCs) with Telkomsel, demonstrating significant commercial value for both sides. The program successfully promoted the development of Indonesia’s digital economy as well as drive forward inclusive and sustainability initiatives.
In tandem, AppWorks Demo Day #29 made its debut in Jakarta as the first stop on a roadshow before Taipei and Singapore in December, with seven out of forty-nine startups from AppWorks #29 (AW#29) presenting this time. Many AW#29 startups are led by seasoned founders and have demonstrated strong traction, with several already securing institutional funding. Selected startups for the event hailed from Indonesia and Malaysia, showcasing their innovative solutions for education, construction, finance, tourism, healthcare, and agriculture.
The seven startups from TINC Batch #9, and corresponding Telkomsel BUs included:
- PrimaKu: Simplifying record-keeping and milestone tracking for new parents with a dedicated newborn baby health platform (Founder: Didit Indraputra) (Telkomsel BU: Enterprise Product Enablement and Solutions);
- Rey.ID: Empowering Indonesians to manage their health holistically through a platform that integrates insurance, wellness programs, and medical records (Founder: Evan Tanotogono) (Telkomsel BU: Enterprise Product Management and Development);
- Skorlife: Empowering Indonesians to achieve financial well-being and to obtain fair credit through easy access and simplified credit monitoring. (Founder: Ongki Kurniawan) (Telkomsel BU: Data Solutions and Digital Financial Services);
- Peacom: Multichannel messaging platform for carriers and enterprises. (Founder: Han Truong) (Telkomsel BU: Digital Advertising, Wholesale and Interconnect);
- Finfra: Building the financial infrastructure of Southeast Asia by enabling seamless integration of financial services for companies. (Founder: Markus Prommik) (Telkomsel BU: Enterprise Product Management and Development);
- CarbonEthics: Combating climate change through innovative solutions for carbon offsetting and sustainable development projects. (Founder: Agung Bimo Listyanu) (Telkomsel BU: Corporate Strategy, Innovation, Sustainability and Marketing);
- myECO: A smart home hardware-software solution for electricity savings, offering automation and easy device management for both B2C and B2B. (Founder: Maulana Derifato Achmad) (Telkomsel BU: Technology Strategy and Consumer Product Innovation);
The seven startups selected from AW#29 included:
- AMODA (ID): Streamlining construction processes. (Founder: Robin Renardi Yovianto);
- AOne (MY): Digitalizing via B2B SaaS and payment system for education businesses. (Founder: Dr. Darren Gouk);
- BroilerX (ID): Developing end-to-end poultry technology solutions. (Founder: Prastyo Ruandhito);
- CapBay (MY): Promoting financial inclusion for MSMEs through innovative fintech lending services. (Founder: Darrel Ang Tzer Hong);
- GOERS (ID): Enriching fan experience with dynamic ticketing and live entertainment discovery. (Founder: Niki Tsuraya Yaumi);
- Verihubs (ID): Developing AI-Powered verification solutions for fraud prevention. (Founder: Rick Firnando);
- Nexmedis (ID): Empowering healthcare services through AI-driven data analysis and diagnosis recommendations. (Founder: Yehuda Dani Utomo);
“This partnership with AppWorks marks a significant step forward in Telkomsel Ventures’ commitment to fostering innovation and driving the growth of Indonesia’s digital economy. By combining our resources and expertise, we aim to empower promising startups and create a vibrant ecosystem that benefits businesses and consumers alike. The success of TINC Batch #9 demonstrates the strength of our partnership to deliver concrete value to startups and position them for lasting success,” said Mia Melinda, CEO, Telkomsel Ventures. “Every startup in TINC Batch #9 was able to successfully create a Proof of Concept (PoC) with Telkomsel, resulting in meaningful value for both Telkomsel and our startups, and a huge validation for the TINC program.”
“The startups showcased today from both TINC Batch #9 and AppWorks #29 represent the incredible talent and drive within the Southeast Asian ecosystem” said Jamie Lin, Chairman & Partner, AppWorks. “We’re thrilled to deepen our collaboration with Telkomsel Ventures. This partnership reflects our shared belief in the power of Southeast Asia’s digital economy and the potential of its founders. By combining AppWorks’ 15 years of experience cultivating the startup ecosystem in the Greater Southeast Asia with Telkomsel Ventures’ strategic resources and market access, we can supercharge the growth of these promising startups and contribute to the region’s continued development.”
About Telkomsel Ventures
Telkomsel Ventures, established in 2019, is the investment arm of Telkomsel. As a strategic investor, Telkomsel Ventures invests and collaborates with promising startups to accelerate Telkomsel’s digital transformation and create innovative services. With a current portfolio of 18 startups, Telkomsel Ventures is committed to empowering startups through strategic investments, leveraging Telkomsel’s expansive ecosystem and capabilities. The goal is to actively contribute to Indonesia’s technology landscape while supporting Telkomsel’s strategic objectives.
More information: telkomsel.vc
About AppWorks
Founded in 2009, AppWorks is a leading startup community and venture capital firm built by founders, for founders. We are committed to backing the next generation of entrepreneurs in Greater Southeast Asia (ASEAN+Taiwan) and helping them facilitate the region’s transition into the digital age. Just as how mobile and the internet completely transformed the status quo, we believe the current era of technology is currently being defined by major three paradigm shifts: AI, Blockchain, and Southeast Asia (ABS).
As such, whether its mentorship, investment, or talent, AppWorks has established a one-stop-shop for ambitious founders willing to bet against the consensus and drive a change they want to see in the world. We help startups build disruptive businesses from even an inkling of an idea into world-class enterprises through our three primary lines of service: Accelerator, Funds, and School.
More information: appworks.tw
