Jakarta, 1 April 2020 - As one the largest banks in Indonesia, PT Bank Central Asia Tbk (BCA) has a vision to contribute to the growth of startup ecosystem in Indonesia. The SYNRGY Accelerator is a manifestation of BCA’s contribution in responding to the vast emergence of different types of startups. Partnered with GK - Plug and Play, SYNRGY Accelerator completed the second batch with ten select startups namely Ai Sensum, Assemblr, Cubeacon, Delman IO, DyCodeX, KYCK!, Octagon Studio, Qomodo, Shinta VR, and Verihubs.
Responding to the ongoing health issues, which affected Indonesia and the world, this time the SYNRGY Accelerator Batch 2 and GK – Plug and Play initiated a virtual Demo Day. “It is a good decision that we’re holding a virtual Demo Day, which was initiated by BCA and as a form of our support for the government’s physical distancing recommendation and also to help protect ourselves from the virus so that we can hinder the spread. Although not being able to perform it face-to-face, we remain enthused and zealous over the program, as seen in the progress shown by all startups during the program,” said Aaron Nio, Director GK - Plug and Play Indonesia.
Due to the global pandemic, a temporary restriction is in force that may prevent some outdoor activity, and people must learn to accept the reality and adjust. We also have adjusted the arrangement of the SYNRGY Accelerator program. "All offline events that require direct meeting are diverted into non-physical meetings (online), including the Virtual Demo Day, the peak event of the SYNRGY Accelerator Batch 2 program in 2020,” said Jayaprawirya Diah, EVP of Digital Innovation Solutions of BCA.
During the SYNRGY Accelerator Batch 2, all startups are given a briefing through a one-on-one mentoring session, sharing session with expertise from various fields, workshops, and corporate visit to Halo BCA to perform benchmarking on BCA’s customer services. Furthermore, these startups have also been linked to BCA Group business units through private meeting sessions and discussions. During these sessions, an exploration was conducted to assess the possibility of partnership with BCA.
“Through Virtual Demo Day, we open access to BCA Group management, investors and invitees to watch the ten startups giving their pitch to understand their vision and mission, products and solutions in order to open up business opportunities whether it’s a partnership, investment or any other form of partnership. Stay optimistic, productive and continue moving forward, driving the economy of our nation,” concluded Jayaprawirya Diah.
Demo Day BCA SYNRGY - EVP Digital Innovation Solutions BCA Jayaprawirya Diah participated in the virtual Demo Day of the SYNRGY Accelerator program in Jakarta, a while ago. The SYNRGY Accelerator is a manifestation of BCA’s contribution in responding to the vast emergence of different types of startups. Partnered with GK - Plug and Play, SYNRGY Accelerator completed the second batch with ten select startups namely Ai Sensum, Assemblr, Cubeacon, Delman IO, DyCodeX, KYCK!, Octagon Studio, Qomodo, Shinta VR, and Verihubs.
About PT Bank Central Asia Tbk (as of 31st December 2019)
BCA is one of the leading commercial banks in Indonesia with a core focus on transaction banking business and providing loan facilities and solutions to the corporate, commercial & SME and consumer segments. At the end of December 2019, BCA had the privilege of serving 22 million customer accounts, processing millions of transactions every day through 1,256 branches, 17,928 ATMs as well as transactions made over the 24-hour internet and mobile banking systems.
About GK Plug and Play Indonesia
GK Plug and Play is a global innovation platform whose mission is to encourage the development of technology startups. Headquartered in Silicon Valley, GK Plug and Play has developed global startup accelerator programs, corporate innovation services and in-house venture capital (VC) fund to accelerate the ecosystem. GK Plug and Play Indonesia has an extensive network including more than 200 corporations, investors, universities, and partners in various fields such as retail, fintech, Internet of Things, media, cloud, insurtech, food and agritech. Since its inception in 2006, GK Plug and Play is the only startup accelerator supported by President Joko Widodo. Currently, we have accelerated more than 65 startups in Indonesia and have worked with various Venture Capital, media, government, and have also partnered with 7 large companies to drive their digital innovation.
10 Participating Startups at SYNERGY Accelerator Batch 2’s Demo Day
(in alphabetical order)
Big-data analytics & AI-based company whose customer engagement platform is designed to identify the cross-sell and upsell processes and activate the most used channel.
A platform to access and create Augmented Reality experiences easily using mobile or desktop platform.
Cubeacon develops hardware and Mobile Insight for IoT (Internet of Things) devices. In addition, Cubeacon also provides IoT platform solution for asset, people and commodity management.
Delman IO is an end-to-end big data solution that focuses on data cleansing and warehousing needs.
DycodeX is pioneering in the development of home-grown, end-to-end IoT and AI-based products and solutions in Indonesia. SMARTernak – a platform for cattle farm management – is one of the vertical solutions developed by DycodeX.
It is a KYC (Know Your Customer) platform that can be used to verify startups with blockchain-based identities. KYCK! is a digital identity wallet, equipped with remote onboarding capabilities.
It is a tech company specializing in providing high quality AR (Augmented Reality), VR (Virtual Reality) and MR (Mixed Reality) products and services. Octagon Studio has been used to improve education system, interaction, efficiency and fun factor of an interaction.
It is a market research company that serves the needs of small and mid-size enterprises (SMEs) for market research through primary data collection and analyzing information received using various automated and simplified methods.
Shinta VR is a VR/AR/MR content and software developer company in Indonesia which focuses on utilization in the training sector and edutech sector through Millealab products, an all-in-one VR platform for Indonesian education.
Verihubs provides automatic verification services using AI-based technology.