Alvin Cahyadi

Business Partners, business valuation is crucial in determining the value of a company and involves the assessment of financial performance, market conditions and industry trends to determine a fair value. The valuation process in Indonesia often involves detailed financial analysis, market comparisons and consideration of unique local factors such as the regulatory environment and economic conditions. Learn more about business valuation and its impact on Indonesian companies! #CorporateValuation #BusinessGrowth #InvestmentOpportunity

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【PE and VC Firms' Key Metrics for Evaluating Financial Viability】 Our consulting team is recently working on an exciting project about sustainability investing landscape in SEA, and here are some key metrics PE and VC firms use we want to share: 1. Initial Screening Internal Rate of Return (IRR) must meet target thresholds for profitability. Sharpe Ratio should be high for good risk-adjusted returns. 2. Market Analysis TAM, SAM, SOM to assess market size and startup potential. Market Growth Rate and General Trends for growth projections. 3. Product Evaluation Unique Value Proposition (UVP) to determine usefulness, competitiveness, and scalability of the solution. 4. Managing Team Experience and expertise of the founding team to evaluate commitment, cohesiveness, and alignment with VC's values. 5. Financial Analysis Revenue growth, gross margin, burn rate, capital structure, and funding history to determine profitability and cost efficiency. 6. Competitors Identify key competitors, assess their strengths and weaknesses, identify barriers to entry, and evaluate the startup’s competitive advantage. By focusing on these metrics, PE and VC firms can make informed investment decisions. Feel free to share your thoughts and experiences in the comments! 📈💼 

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Despite significant growth and lofty valuations in 2021-22, the Indonesian wealth tech market is now facing challenging conditions, necessitating a re-evaluation of monetization strategies for long-term benefits. Y&S Chief Operating Officer, Jeffrey BAHAR, shared with DealStreetAsia how the industry must diversify beyond mutual funds and stocks to achieve higher profit margins: https://lnkd.in/gs66RGAp #yamadaconsultingandspire #yamadaspire #dealstreetasia #wealthtechplayers #indonesia #wealthmarket #mutualfunds #stocks #retailinvestors #transactionfees #strategicpartnerships #industrylandscape Ryosuke Funayama Leon Perera Japnit Singh Go S. Chi Nguyen Saurabh Sharma John Yam Adnan Kaddoura Tarek Elhousseiny Aditya Sapru David L. Llamas Daniel Faricy Lijo James Nhu Hua Adeline Lim Andrea Lim Ryo Takahashi Takafumi Kuramoto Bambang Tobing Albertus Edy Rianto yogi priyantoro Windy Pradipta Prizzy Natacia Sumie Mizugaki Marie Teo Twinkle Khurmi

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Superior Financial and Health Sectors Income growth in the health, finance and property sectors was the highest JAKARTA. Most issuers on the stock exchange have released their performance for the first half of this year. The results are not very special. There are only a few stock sectors that have recorded growth in revenue and net profit. Referring to data from the Financial Services Authority (OJK), as of August 2 2024, the total revenue of issuers was recorded to have increased 4.02% year on year (yoy) to IDR 88.5 trillion during the first semester of 2024. This figure was obtained from 772 companies that have reported their performance to the OJK. Inarno Djajadi, Chief Executive of the OJK Capital Market, Financial Derivatives and Carbon Exchange Supervision, said that in terms of revenue the financial sector made the largest contribution, reaching IDR 39.1 trillion or equivalent to 44.2% yoy. Then, the second largest contribution came from the non-cyclical consumer sector amounting to IDR 24.52 trillion or 27.7% yoy. Meanwhile, the third largest contributor is the cyclical consumer sector with revenue value of IDR 10.1 trillion or 11.41% yoy. But, in terms of growth, the health sector is the fastest growing sector. The income of health issuers grew by 11.77% annually. Then followed by financial sector issuers whose income increased by 9.74% yoy. An increase in income also occurred for issuers in the property sector of 6.33% yoy. "Meanwhile, in terms of profitability or net profit, the issuer's growth value was 3.43% or an increase of IDR 8.91 trillion compared to the same period last year," explained Inarno, Monday (5/8). However, of the 11 sectors on the Indonesian Stock Exchange (BEI), only five sectors experienced an aggregate increase in profitability. Namely, finance, basic raw materials, health, cyclical consumers and infrastructure. Five other sectors experienced a decline in profitability, namely energy, industry, transportation and logistics, property and non-cyclical consumers. Meanwhile, the technology sector managed to cut losses aggressively. Peluang #investasi dan pengembangan #properti yang saling menguntungkan: Hubungi kami : +62 811-8506-660 +62 812-9743-3233 [email protected] [email protected] https://lnkd.in/g3KdMqT #propertybusiness #propertydevelopment #propertyinvesting #NusantaraDᴇᴠᴇʟᴏᴩᴍᴇɴᴛs #renovasiproperti #properti #renovasigudang #kontraktor #gudang #pergudangan #konstruksi 

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🌟 Contributor Spotlight 🌟 Pandu Sjahrir is the founding partner of AC Ventures, a Southeast Asian venture capital firm with US$650 million in assets under management, investing in early-stage startups across Indonesia and ASEAN. He focuses on growth and turnaround companies, with expertise in leadership development, business growth, and optimising capital structures. His article discusses the urgent need for Indonesia and Southeast Asia to shift towards renewable energy sources, particularly in response to the region's rapid digital growth and increasing energy demands. It emphasises the significant opportunities for tech entrepreneurs and investors to capitalise on the untapped renewable energy sector, warning that reliance on fossil fuels is unsustainable and action must be taken immediately. Read it here: https://lnkd.in/dusYBFBT #e27community #e27contributorspotlight #Asia #climatetech 

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A former Googler who returned to Indonesia to build an agriculture business. A former GoJek employee looking to build something zero to one. A seasoned FMCG marketer looking into opportunities in fintech. What drew them to join SuperApp (YC W18), Pinhome, and Tonik respectively? In our self-produced documentary Against All Odds, we don’t just take a look at the personal lives of the CEOs behind some of our portfolio companies, but also the leaders who have joined them on their mission. We find common threads across the stories of Debeasinta B. Budiman, VP of Strategic Partnerships and co-founder at SuperApp (YC W18), Qurrat Abu Ayub (Abu), Chief Strategy Officer at Pinhome, and Wanda Pascua, Head of Marketing at Tonik. 1️⃣ They have a clarity or ambition for their journey aligning with what the company could provide. “I told Dara (CEO) I wanted to have an exercise building something from zero to one.” - Abu shared how his desire to become an entrepreneur was met with an opportunity from Dara and Ahmed to help build Pinhome from the ground up. “I don’t think I would be here if it were a traditional bank.” - Wanda shared how Tonik’s unique approach to branding convinced her to jump from FMCG to banking, as an opportunity to bring her experience into the digital bank 2️⃣ They were tapped to open up new opportunities for the business. “We experimented with more than 100 SKUs in diverse categories…” - Debby shared how one of her early projects was to explore the private label opportunity for SuperApp. They ultimately found potential in this business and this attracted other leaders like Nadira Zahiruddin came in later on to scale this business even further. “What else about property can become an opportunity to retain users on our platform?” - Abu shared how he pushed for Pinhome to not only introduce home services on its platform but also grow an agency to meet a gap in the market at the time. 3️⃣ They have stakes in the mission of the business. Abu’s career comes full circle as he today helps informal workers become more resilient and even afford their own homes, through Pinhome Home Services, not unlike his work before Pinhome. Debby also comes full circle with her childhood dream to improve the lives of people in the low-income city where she grew up, as she today is helping develop more accessible, quality products for these markets through SuperApp’s hyperlocal supply chain and manufacturing networks. “[We] want to equip Filipinos to use their finances properly and to be provided with the right tools.” - Wanda Pascua Watch their full story: https://lnkd.in/geCGV8uX Against All Odds producer Paulo J will also be at the Singapore FinTech Festival this November 8th at the Pay-it-Forward lounge, Hall 4, 9 am to 10 am to sign copies of the Against All Odds book and Insignia Ventures Academy’s Backing the Bold! 📸 L-R: Debby, Abu, and Wanda

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A Decrease In The Benchmark Interest Rate Could Boost TOTL's Performance JAKARTA. A number of private construction service issuers are optimistic about their future business prospects. The driving force, especially if it was not a cut in the benchmark interest rates of Bank Indonesia (BI) and the central bank of the United States (US), the Federal Reserve (The Fed). PT Total Bangun Persada (TOTL) Corporate Secretary Anggie S. Sidharta believes that lowering BI and The Fed interest rates can boost the national economy. So, infrastructure projects will continue to mushroom. Until August 2024, TOTL recorded new contract acquisitions of IDR 4.1 trillion. This realization reached 91% of the 2024 target of IDR 4.5 trillion. New contracts come from the construction of hotel buildings, industrial, educational and other projects. Even though it is still producing impressive performance, the challenges for the construction industry in the future are still big. "For this reason, we remain careful in running the business so that it can continue," explained Anggie to KONTAN, Monday (23/9). Kanaka Hita Solvera analyst Andhika Cipta Labora assesses that the effect of cutting interest rates will ease the interest burden on issuers' debts. This can boost its performance. Even if the issuer wants to build a project that is paid for at the end of project work, funding can be obtained at lower interest rates. So, the issuer's profit margin will increase. He also predicts that the financial performance of construction service issuers has the opportunity to grow in the remainder of the second semester of 2024. This reflects the positive performance of a number of construction issuers, one of which is TOTL. In the first semester, TOTL's net profit was recorded at IDR 112.65 billion, up 66.6% on an annual basis. This blue performance report card is supported by the increasing acceptance of new contracts throughout 2023. Kiwoom Sekuritas Indonesia analyst Abdul Azis Setyo Wibowo agrees that in semester II-2024, the performance of private construction issuers has the potential to improved from the previous semester. This is in line with the increase in new contracts obtained by construction service issuers. However, financial performance prospects are not always linear with stock movements. Capital Market Observer William Hartanto observed that TOTL shares were moving down with support of IDR 585 and resistance of IDR 680. William also recommended waiting and seeing because he was tired of buying. TOTL target price is IDR 700-IDR 750 per share. Meanwhile, Andhika recommends buying TOTL with a target price of IDR 300 per share. Peluang #investasi dan pengembangan #properti yang saling menguntungkan: Hubungi kami : +62 811-8506-660 [email protected] https://lnkd.in/g3KdMqT #propertybusiness #propertydevelopment #propertyinvesting #NusantaraDᴇᴠᴇʟᴏᴩᴍᴇɴᴛs #renovasiproperti #properti #renovasigudang #kontraktor #gudang #pergudangan #konstruksi 

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In Bangkok, Thailand, PT. Mandiri Capital Indonesia (MCI), a corporate venture capital firm supported by Bank Mandiri, the largest financial corporation in Indonesia, launched its first international Xponent programme. In a statement released on Friday, MCI stated that in an effort to increase the impact of its strategic investments, the company has started the XYZ #programme, which consists of a number of focused projects like Xponent, Xchange, Y-Axis, and Zenith. The statement claims that by promoting market access and enhancing business alignment between startups and Bank Mandiri's #business groups, Xponent helps startups expand. Over the course of three batches, this programme has involved 95 startups, signed 12 memorandums of understanding, and involved 25 #business units from Bank Mandiri and its subsidiaries. In the meantime, Xchange is a benchmarking exercise for innovation carried out through visits to other innovation labs overseas. “When collaborating, MCI employs two approaches: starting from identifying Mandiri’s internal needs to mapping the right startups, followed by introducing innovative solutions from #startups to Mandiri’s business, “For this, MCI ensures that the collaboration brings a value proposition and aligns with Mandiri’s business focus,” said Ronald Simorangkir, Chief Executive Officer of Mandiri Capital Indonesia. Presently, MCI has more than 20 startups in its portfolio across 14 sectors, such as payment enablers, business-to-business value chains, and loans. MCI has fostered relationships and enabled investments between the Mandiri Group and its portfolio since its founding in 2015. MCI now manages a number of funds, such as the Indonesia Impact Fund, Merah Putih Fund, and Balance Sheet Fund. AgriAku, Amartha, Ayoconnect, Cakap, Greenhope, iSeller, Kecilin, PrivyID, PTEN, Qoala, Sinbad, and Yokke are a some of the notable firms that are currently part of MCI's portfolio. To share your startup story write us on - [email protected] #MandiriCapital #Investments #MCI #Startups #MOU #Innovation

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AC Ventures, Indonesian Chamber of Commerce and Industry (KADIN), Boston Consulting Group (BCG), and BCG X have released a report titled “Harnessing the Power of (Gen) AI in Indonesian Financial Services,” which explores the adoption and impact of AI and GenAI in Indonesia’s financial sector, offering strategic advice for leaders on integrating it into their products and operations. The study—based on a survey of 41 financial institution business leaders and interviews with five fintech startups—reveals critical insights into the new technology's effects across the industry. It provides strategic recommendations for business leaders in the private sector on how to implement it in their products and operations. The report also includes key advice from KADIN Indonesia for the government as it transitions to a new administration and pursues the development of sovereign AI for national interests. 💡 Get the full report at: https://lnkd.in/g2a6FQN9 #genai #artificialintelligence #indonesia #fintech #financialservices #innovation #technology #businessstrategy #venturecapital #aireport #aiadoption #aiinsights #genaireport

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A report by Jakarta-based real estate fintech platform reveals continued resilience and intriguing dynamics in Indonesia’s real estate market for Q1 2024. A key takeaway is that millennials fueled 55% of property transactions, highlighting strong housing demand from this generation and first-time buyers. The report shows millennials driving 55% of transactions. This underscores their crucial role in the market, especially with shifting interest towards developing areas and rising demand for rentals due to increasing interest rates. Millennials dominate transactions, opting for affordable homes (Rp 200 million to Rp 600 million) in areas like Bogor, Tangerang, and Bekasi. https://lnkd.in/gFKQxJ_B

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Indonesia, Southeast Asia’s largest economy, is emerging as a prime destination for foreign investment. The country achieved a significant level of investment realization in Q1 2024 reaching IDR 401.5 trillion (US$24.7 billion). Key sectors such as manufacturing, mining, telecommunications, and transportation continue to offer substantial opportunities. The country also saw Food and Beverage industry as a significant contributor into the investment figures. Join Tsamaratul Qolbi (Samara), Assistant Manager of the Business Intelligence Unit, and Jennifer Halim, International Business Advisory Manager, as they discuss key considerations and challenges in investing in these top five investment sectors. The webinar will delve into the following key topics: • Indonesia's economic performance in Q1 2024 • Indonesia's investment realization in Q1 2024 • 5 key sector trends in 2024 (Considerations and challenges) • New rising star: Insights and potential of the food industry 📌 For more information and registration details, visit: https://ow.ly/NSN850SjO3T #DezanShira #IndonesiaEconomy #ForeignInvestment #TransportationIndustry #MiningSector #TelecomInvestment #FoodAndBeverage

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"We have adopted this model in Indonesia in partnership with fintech firms. While waiting for the macroeconomic environment to improve and long-term equity investments to pay off, our firm’s debt investments are already delivering consistent returns." - Qin En Looi, partner at Saison Capital. 💡 Southeast Asia's venture capital landscape is evolving, with a shift towards a more flexible approach to investment. VCs are exploring diversification strategies, like debt financing, and collaboration with venture studios to unlock value and navigate the current market challenges. 🤔 Will venture capital firms in Southeast Asia embrace these evolving strategies, focusing on diversification, collaboration, and a more long-term view on investment, or will they continue to face challenges in achieving profitability and providing returns to their investors?

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𝗦𝗶𝗻𝗮𝗿 𝗠𝗮𝘀 𝗟𝗮𝗻𝗱 𝗶𝘀 𝗟𝗼𝗼𝗸𝗶𝗻𝗴 𝗳𝗼𝗿 𝗣𝗿𝗼𝗽𝘁𝗲𝗰𝗵 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗼𝗿𝘀 𝘁𝗼 𝗕𝘂𝗶𝗹𝗱 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲! Indonesia's proptech sector is skyrocketing, and Sinarmas Land is at the forefront, actively seeking partnerships with visionary startups. To date, the company has invested in 13 of a total 32 proptech startups in Indonesia, including Jendela360, OneSmile, and TwoSpaces. Mulyawan Gani, Chief Transformation Officer at Sinar Mas Land, highlights the strategic importance of proptech investments in boosting company revenue and achieving smart city goals. Proptech startups are seen as crucial partners in developing adaptive, innovative solutions for urban ecosystem management and consumer engagement. Here's what Sinar Mas Land looks for in proptech partners: Craft Smart Cities: Develop innovative solutions to manage and operate thriving smart city ecosystems. Fuel Urban Innovation: Propose groundbreaking ideas for planning and building sustainable, intelligent cities. Connect with the Next Generation: Bridge the gap and help us engage tech-savvy millennial homebuyers. ‍ In addition to these core needs, Sinar Mas Land seeks proptech partners with a sustainable, long-term vision and a scalable business model. Ideally, these partners will complement their existing ventures, driving mutual success in a growing market. Gani also mentions to Tech in Asia that the proptech startup market remains highly attractive. There's still room for new players to make their mark without having to compete with a dominant market leader. However, achieving sustainability is a key challenge that startups need to address. The proptech landscape in Indonesia is teeming with potential, and Sinar Mas Land is eager to invest in its future. If your proptech startup is poised to revolutionize the industry, we want to hear from you! Read more on: https://lnkd.in/gM32VbEA #LivingLabVentures #ScalewithImpact #Proptech #Startup #SinarMasLand #Sustanability

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Jakarta-based Health insurtech startup Rey.id has secured an additional US$3.5 million in funding to expand its AI-powered health insurance platform. The investment comes from CyberAgent, Inc. Capital, Arthazen Capital , and PT Gametraco Tunggal, as well as existing investors. Rey was founded in 2021 by Evan Tanotogono, former head of digital channel at Sequis, one of Indonesia’s largest insurers, and Bobby Siagian, who held lead engineering roles at companies including Tokopedia and Sea Group. Read the full story here: https://lnkd.in/e8zP3UDC #insurtechinsights #insurance #fundingnews #investment #insurtech #heathinsurance

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"The advantage of an IPO is that if executed well and timed correctly, the funds raised can be substantial." - Rivan Kurniawan, director of investment consultancy firm Indovesta Utama Mandiri. 🏦 Despite sluggish VC funding and M&A activity, the number of Indonesian tech companies going public on the IDX has surged, driven by the allure of substantial funding and the ability to maintain control of the company post-listing. While the IDX offers a potential avenue for funding, startups need to carefully consider the inherent risks, including market volatility, limited investor base, and potential for low-quality listings. 🔥 Will the recent wave of tech IPOs in Indonesia be a successful path to growth and innovation, or will it lead to a wave of underperforming companies and disappointed investors?

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AC Ventures, Boston Consulting Group (BCG), BCG X, and the Indonesian Chamber of Commerce and Industry (KADIN) have published a report titled “Harnessing the Power of GenAI in Indonesian Financial Services.” This study examines the adoption and impact of GenAI in the financial sector, providing strategic advice for leaders on integrating this technology into their operations. In a recent episode of the Indonesia Digital Deconstructed podcast, co-authors Andy Lees of BCG X and Pandu Sjahrir of AC Ventures discussed the transition from pilot projects to scalable solutions, the need for workforce upskilling, and the necessary infrastructure investments for sovereign AI. As Indonesia navigates the potential of GenAI, the report emphasizes aligning initiatives with clear business objectives and addressing the digital divide to ensure equitable benefits for all. 🔗 Read the full article: https://lnkd.in/gXsEYkfc 🎧 Listen to the podcast: https://lnkd.in/g-HQxk6v #genai #indonesia #economictransformation

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We believe that investing in Indonesian banking, property, and consumer sectors offers compelling opportunities due to a robust economy, stable regulatory environment, and growing population. Indonesia's banking sector benefits from a strong economy and increased access to financial services, while the property market sees significant growth driven by urbanization and a burgeoning middle class. Additionally, the consumer sector thrives with a youthful, affluent population. Meanwhile, monitoring the DXY, oil, coal, and gold provides insights into global economic trends. The DXY reflects the strength of the dollar and global trade dynamics, while oil prices indicate supply, demand, and geopolitical tensions. Coal serves as a marker for industrial activity, especially in emerging economies, and gold remains a hedge against uncertainty, reflecting investor sentiment and inflationary pressures. Observing these indicators informs investment decisions amidst today's interconnected global markets. Our intern, Frederick Anderson, has conducted a weekly technical evaluation on key indices crucial for assessment. The details of the analysis are delineated as follows. #joankapitalinvestama #economics #investment #capitalmarket

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