Plug and Play Indonesia announced its first batch of startups today. After a two-month selection process, 11 companies out of 400 applicants were chosen.
Plug and Play Indonesia is an official offshoot of the Plug and Play accelerator from the US, which was initiated by investor Saeed Amidi, who famously participated in PayPal’s first round of investment.
In the US, Plug and Play’s been around since 2006. Hundreds of companies ran through its program – including Dropbox and Lending Club. In Indonesia, the first round begins now.
Each startup in the first batch will receive US$50,000 in seed funding and mentorship. More so than most other startup accelerators, PNP works closely with corporate partners, bringing them together with startup founders early on.
Founder: Todd Schweitzer, Ken Shaw | Industry: fintech
Brankas is a mobile app that lets you manage multiple bank accounts. You can send and receive money.
Founder: Theo Rusli | Industry: transportation
BusTiket is a ticket sales management software for bus companies that offer rides from one city to another. Customers can buy tickets through the mobile app.
Founder: Andrew T. Setiawan, Tjokro Wimantara, Jeff Hendrata | Industry: advertising
Karta is a platform that lets businesses advertise on fleets of motorcycles. Right now, they work with about 1,000 motorbikes.
Founder: Darryl Tan | Industry: security
Kyck from Singapore is a platform that can be used by governments and businesses to conduct the Know Your Customer (KYC) process online. This way, certain services like opening a bank account no longer require a customer’s physical presence in the bank.
Founder: Jeffrey Andika | Industry: automotive
Otospector lets you hire a specialist to help inspect the used car you want to buy. They will come to the specified location and help you give a neutral assessment of the car’s condition.
Founder: Metha Trisnawati | Industry: agriculture, ecommerce
Sayurbox lets you order vegetables straight from the producer.
Founder: Dipo Satria, Januar Sudharsono, Eka Ginting | Industry: education, fintech
DanaDidik is a crowdfunding platform for Indonesian students. Students pay back the loan in installments once they’ve graduated.
Founder: Elvin Zhang | Industry: fintech
Toucan is a fintech startup from Singapore. It’s a digital wallet for credit cards. It can be used across Southeast Asia.
Founder: Nigel Hembrow | Industry: recruiting
Astronaut is a platform designed to make it easy for companies to interview job applicants through video. Astronaut works together with recruiting software like UrbanHire.
Founder: Ashley Kee, Ng Zhong Qin, Ou Zhiqi | Industry: fintech
Bandboo is a platform from Singapore that’s working on offering insurance at a low cost through a transparent process.
Founder: Keith Tan, Ivan Chang | Industry: outsourcing
Wonderlabs helps businesses set up remote technical and design teams in Indonesia.
This article first appeared in Indonesian, written by Aditya Hadi Pratama. Information was translated and edited for this version.
This post Plug and Play Indonesia is starting its first round. These 11 startups made it in. appeared first on Tech in Asia.