Thursday, March 15, 2012

Indonesia’s Jamu Queen: Journey of a princess turned entrepreneur

Photo: Dr Mooryati Soedibyo's private collection

The garage has long been the birthplace of many great companies — Apple, Google, Hewlett-Packard, to name a few. Even Walt Disney got his start producing his first animated series, “The Alice Comedies” in his uncle’s garage before forming his own studio.

Closer to home, the humble garage also witnessed the birth of PT Mustika Ratu, Indonesia’s famed herbal medicine (or jamu) brand, in the early seventies.

The business caused many to raise their eyebrows, because not only was the person behind it a woman, she was also a direct descendant of the royal Javanese family, one who was actually raised within the walls of a kraton (Javanese palace).

It was unheard of for someone of her status to work, let alone start a business and as Dr BRA. [1] Mooryati Soedibyo readily admits, the reaction from her family was far from encouraging. “Initially, my family did not support my decision to become a business woman as it was against our ancient traditions,” she recalls.

“Only through my own determination and hard work was I able to persevere and overcome this challenge, which actually helped motivate me to become successful on my own.”

Despite not having a background in business, she drew on what she had been taught during her formative years in the palace, and started making jamu, a traditional Indonesian herbal medicine that has a long-standing place in royal Javanese history. She bottled beras kencur, an Indonesian herbal drink, at home with the help of two maids.

Later, she expanded her range of products to include herbal pills, shampoo and cosmetics, and founded her company PT Mustika Ratu proper in 1978.

Today, PT Mustika Ratu is a brand with a domestic and international presence which products can be found in Africa, Eastern Europe, Latin America as well as several countries in the Southeast Asian region. In addition, Dr Soedibyo’s business empire also includes a spa business, Taman Sari Royal Heritage Spa, which has operations in nine countries including Canada, Japan, Bulgaria, and Malaysia.

Like any entrepreneur, Dr Soedibyo has experienced her fair share of challenges, stiff market competition being just one of them. However rather than compete on price, she has always been adamant about letting the quality and heritage of her company’s products do the talking.

“[Though] there were other products similar to mine that [were] priced five times cheaper, I didn’t compete on price. I have preserved the traditions of indigenous ingredients derived from local experience,” she says, adding that the company works closely with local farmers to ensure that its raw materials are derived from sustainable sources.

Given her background, one would be forgiven for assuming that it has helped given her an edge over the competition. She is quick to point out that this couldn’t be further from the truth.

“When conducting business, the foundation of the company should not be based on the image of the founder’s family background,” she says.

“When running the family business, a good businessman or woman must be able to meet the requirements and criteria of good manufacturing practices, have a basic entrepreneurial competence and attitude, and be innovative, creative and [attuned] to future competition.”

Though she is now in her eighties, Dr Soedibyo shows no signs of slowing down and apart from grooming her daughter Puteri Kuswisnuwardani to succeed her as head of the Mustika Ratu brand, she is also turning her attention to social work.

She now plays an active role in helping draw up initiatives to help women, working closely with the DNIKS (National Institution for Social Welfare), a non-government institution engaged in the empowerment of women and the poor, as vice chairwoman. She also founded the Women Entrepreneurship Academy last year to offer non-degree entrepreneurship courses.

Considered a living legend in her home country, Dr Soedibyo has received numerous awards in honour of her achievements, among them the Best of the Best Entrepreneur award from Ernst & Young in 2003. She was also named one of the top 100 next-era CEOs in Asia by The Japan Times last year.

“Women in Indonesia are still being left behind in various fields of education provided to men,” she observes candidly, adding that apart from the lack of networking opportunities, the roles open to them are mostly limited to domestic functions. As such, the local government needs to step up its efforts to support the progress and advancement of women.

According to Dr Soedibyo, there are laws in place to help them but these statutes must be made a priority. To this end, governments have a role to play not only in creating policies to help minority groups but also in ensuring that they are implemented.

She also stresses the importance of educational initiatives in a variety of formal and informal areas” to support entrepreneurial efforts by women. By expanding their roles, society can only benefit as they work, together with their male counterparts, to “[fight for] the welfare of the nation.”

[1] BRA: Bandara Raden Ayu, an Indonesia honorary title given to Dr Soedibyo to denote her status as the granddaughter of SunanPakubuwono X, king of Surakarta Palace.


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Australian incubator Innovyz seeking Asia Pacific tech entrepreneurs

If you’re a tech entrepreneur from the Asia Pacific, Innovyz wants you. The incubator is starting a 12-week startup accelerator course called Innovyz START that will offer mentoring, cash, credits from Microsoft and PayPal, and more.

The program is based on the TechStars Global Accelarator Program (similar to JFDI.Asia), providing mentorship, interactive learning, networking, and a chance to pitch to investors and venture capitalists.

Ten participants from Asia Pacific will be picked. They must be doing business in ICT or web 2.0.

They will receive AU$6k (US$6.3k) per director (up to a three), free tuition in the program, and AU$85k (US$90k) in perks, including AU$65k (US$68) in Microsoft Azure credits and AU$10k (US$10.4)  in PayPal transaction credits.

Successful applicants will have to move to Adelaide from 28th May to 17th August, the duration of the course. Applications close on 20th April.

Check out their website for more information.


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Kai-Fu Lee Shares 3 Tips for Startup Asia entrepreneurs

Kai-Fu Lee shares three key tips for the next Startup Asia generation of Chinese entrepreneurs.
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Android Contactless-RFID Controlled Rice Cooker By Panasonic

Panasonic's new SR-SX2 Series (SR-SX102-RK black, SR-SX-102-W white, SR-SX182-RK black/large, SR-SX182-W white/large) is the Japan's first, and I believe the world's first, smartphone-controlled rice cooker.

On top of the all high-end features such like "200 Celsius degree steam", "Great-power dancing boil(Dai karyoku odori-daki)", "Diamond Furnace(Daiyamondo Kamado)", it newly supports settings-by-smartphone. Holding your FeliCa supported Android over the blue mark on the rice cooker sets rice type, cooking variations and timer. You may pre-set maximum 6 patterns of your family's favorite steamed rice as well.

You may also connect your Android to the Panasonic's cooking receipe cloud server [J], search and touch to give the cooking instructions to the cooker. In reverse, you may keep 100 of your recipes on the cloud server.

Felica is Japan/Sony's contact-less RFID system, used in Japanese cellphones and e-money, also a part of NFC specification. Most of Android handsets sold in Japan by Japanese manufacturers support it under the name "Osaifu Ketai"(cellphone wallet).

The market price of the former model SR-SX101 is about 50,000 yen (US$600) according to the web.

via release [J]



Android Contactless-RFID Controlled Rice Cooker By Panasonic


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Chinese Wikipedia Hudong to Invest Big into Mobile Effort

Hudong Baike, the Chinese Wikipedia announced today to invest RMB 80 million to ramp up its mobile efforts with revamped WAP site and to-be-launched mobile smartphone clients.

Founded in 2005, the Beijing-based company as of this February claims more than 4.53 million users and over 6.36 million entries. It raised an aggregate of US$ 30 million in its first two rounds of financing from investors including Draper Fisher Jurvetso, and announced raising US$ 15.7 million (RMB 100 million) in last September.

Last April, Hudong Baike launched spinoff program – Xiao Baike (or Baike Junior) to explore the combination of knowledge platform and commercial platform. In the wake of its Series C round in early September of last year, the company vowed to invest RMB 100 million into the service, with  - in retrospect – not so juicy results.

New knowledge-sharing services like Zhihu (Quora clone) stole some thunder from the self-claimed largest Chinese online encyclopedia, and I questioned how much tapping into the mobile trend could help with that.

screenshot of Xiao Baike

 

Related posts:

  1. 16Fun – Where the real world becomes virtual
  2. Sina microblogger ‘unearths’ 3000-year-old “Angry Bird”
  3. Tencent VP Sun Zhonghuai: Weibo May Never Make Money


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China based Spreadtrum invests $10mn in Micromax

Spreadtrum Communications, Inc, China based fabless semiconductor provider has invested $10mn in Micromax the homegrown mobile brand. The two companies have announced a partnership to work together to grow the market for innovative, value for money handset products in India and other emerging markets and post this funding, Spreadtrum will become one of Micromax’s preferred mobile chipset suppliers.micromax_logo

With this partnership, the two companies will work together through a joint R&D collaboration to deliver feature-rich innovations across Micromax’s portfolio of products. Micromax currently ships more than 60 models ranging from dual-SIM feature phones to 3G Android smartphones. Spreadtrum will collaborate with Micromax on the development of new innovative products in order to gain major market share.

Earlier, Micromax raised $45mn funding from Sequoia Capital and Sandstone and a few months back, withrew its IPO plans. The company holds third position among the handset manufacturers in India (reference: report on Indian Mobile Handsets).

Recommended Read: The rise and fall of Micromax.


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OMG! Orkut has launched ‘Fans’, Now you can add others to fans list

If I was to write a book on Internet heroes, I will definitely give Orkut the most persistent and struggling actor award. Today, Orkut has brought back a feature that enables you to becomes somebody else’s fans.

“It’s easy to become somebody’s fan, just go to the person’s profile and click on the star, it will change colors and you will be added to his/her fans list. Every time someone becomes your fan, there will be an update on Orkut where your friends can comment on and enjoy. Older fans will automatically appear in this updated version, in other words, your fan club can only grow! [official blog]

Orkut_FansVery recently (in Feb, 2012), Orkut launched support for hashtag, taking us back to the early days of Web2.0. But the most important piece on future of Orkut is the integration with Google+, which hopefully is part of Google’s plans to migrate Orkut users to Google.

Orkut: The Bravest Team in Google?

No sarcasm, but Orkut team is surely the bravest team in Google – you have to give to them for their effort in ensuring that the active user-base is updated with latest features, especially when the team knows that the company will sooner or later kill the service. And I say they are brave because I have been in similar shoes and guess what – the new product failed to impress customers and company ended up focusing on the ‘older’ product!

Maybe that’s what the Orkut team is hoping for as well?


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TMG Boasts 3 Million Users, 100x Growth in a Year

tmgamer

If you pay attention to startups in Singapore and Indonesia, you have probably heard about The Mobile Gamer (TMG), a startup that builds mobile games on platforms like mig33, as well as, Kotagames, TMG’s very own platform.

CEO and founder of TMG Alvin Yap revealed that his company has so far attracted three million users across all platform and services. Out of those users, 300,000 are monthly active users generating a whopping 100 million page views per month. The service’s growth rate is at a staggering 100x in a year since December 2010 when TMG started to focus on building mobile games. TMG also claims to be the number one game developer on mig33, with ten times more users than an average game developer on the platform.

So far, TMG has partnered with Telkomsel, Indosat, and XL in Indonesia to distribute its games. In the Philippines, TMG has partnered with Smart and Globe. The Singapore-based mobile game startup, which not long ago received funding from One97, is also looking at other emerging markets like India, Thailand, and Vietnam. Building HTML5-based games is also in its pipeline. When I asked about this year’s goals, Alvin shared that his primary focus is still on developing a world-class platform and at the same time cementing TMG’s footing in India and Indonesia.

Although user growth has been pretty awesome, Alvin admits that TMG isn’t yet profitable. But he added that his team is “clocking fantastic monetization metrics.”

As a Singapore-based company TMG has traveled around Asia to expand its reach and market. I personally admire what TMG has achieved. Seriously, Alvin is one of the few Singaporean entrepreneurs who understands the potential of Asia. Most Singapore-based startups are still living the Silicon Valley dream. There’s nothing wrong with that, but sometimes opportunities are just right under your nose.

Alvin shares a key takeaway from his experience:

Being a Singapore startup forces us to think global from day one. It isn’t easy but definitely not impossible as well. Key points are to be humble, to recognize that nobody gives a shit about you, and work with good local partners to make it happen.


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JWT Acquire Magnivate Group Through XM Asia

xm-gravity

XM Asia Pacific Pte Ltd announced that it has acquired PT Magnivate Group, one of Indonesia’s most successful (if not the most successful) digital and social media marketing agencies. This move will help extend XM’s reach to one of the largest advertising market in Asia.

Magnivate, which will be renamed as XM Gravity, will still be led by the CEO and founding partner Kevin Mintaraga. With around 100 people employed by XM Gravity, they are going to maintain their market leadership with global and local clients such as Danone, Unilever, Frisian Flag, Samsung, and Indofood. Founded in 2008, they have reached a total of 3 million brand fans today. Kevin Mintaraga commented on the deal:

This is the opportunity for our people/talent to have regional exposure and to support XM Asia regional expansion plan. In the near future, XM Indonesia office will take on an important role in XM’s regional growth plan, especially in social media marketing space.

According to Kevin, the average growth rate of digital advertising businesses in Indonesia during the last four years is around 90 to 100 percent per year, with digital advertising taking a 3 to 4 percent chunk of all Indonesia advertising expenditure. The estimated size of Indonesia total advertising expenditure in 2012 will be 9 to 10 billion USD, which will only bodes well for both XM Asia and XM Gravity.

Kevin Mintaraga also added his comment about his “exit” for the company he founded:

I am grateful to fulfill one of my career goals, but more importantly to have achieved this with partners and a team who always go an extra mile together. It’s simply a priceless life experience. I don’t have any specific advice from my experience, but one thing I realized that it takes passion and a dream to step on the first stone — but it takes commitment and attitude to finish the race.


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Local Language Content on Mobile to Drive Inclusive Growth [Mobile Internet]

“Internet is still not open, accessible and user-friendly to a major chunk of our population due to lack of regional language support. Indian entrepreneurs should look at this untapped market as this opportunity might not be available two years from now.”, mentioned Sachin Pilot, , Minister of State for Communications and IT.

Google+ in Hindi

Google+ in Hindi

As per the minister, Mobile penetration in India is over 800 million with around 53% of it in rural India. This captive consumer, in days to come will be accessing internet from their handhelds. The time has come to create local language content applications so that people in rural India can easily access information and entertainment.

Aside, Indian government is spending INR 20,000 crore to lay optic fibre so that all panchayats across the country are connected.

“Mobile penetration in India is over 800 million but penetration of internet is only 15%. On the other side literacy rate in English is less than 20% whereas literacy rate in Indian languages is around 50%. Hence, the next big thing is the evolution of Mobile Internet in local languages.”  [Sachin Pilot at a recently held IAMAI conference].

While regional/local languages have been a favorite topic in media/political circuit, the harsh reality is that regional language content has failed to catch the fancy of the average Indian user, as most of such initiative focus on content consumption – and not content creation. Most importantly, lack of monetization opportunities in local language (which of course is a fallout of digital marketing budget) inhibits publishers to even consider making their content available in local languages.

A good explanation: Why Indian Languages Failed to make a mark Online!

Local language: Recent updates

- Yahoo launched malayalam.yahoo.com, in partnership with Malayalam Manorama.
Google+ announced support for Indic languages (Hindi/Bengali/Marathi/Tamil etc) and
- Wikipedia has released the offline version of Marathi wikipedia (plans to roll out local language support for 25 languages very soon).


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