Indonesia is known as a land rich in potential and creativity. However, in the dynamics of the ever-changing and challenging startup ecosystem, one big question arises: is it still possible to be Indonesia's Elon Musk? This question is the...See moreIndonesia is known as a land rich in potential and creativity. However, in the dynamics of the ever-changing and challenging startup ecosystem, one big question arises: is it still possible to be Indonesia's Elon Musk? This question is the main focus in the latest episode of Bloomberg Technoz Podcast - TechnoZone, hosted by Pandu Sastrowardoyo and Maria Sarjana , which features two figures from the technology industry in Indonesia, Sunil Tolani , Co-Founder of Big Thinkers Indonesia, and Rendy Maulana Akbar , Founder of Qwords Cloud Web Hosting Indonesia. According to Rendy, opportunities in the Indonesian startup world are still wide open. "There will always be a gap that can be filled," he said. Like the story of Nadiem Makarim with Gojek-starting from the difficulty of memorizing the motorcycle taxi number, a solution was born that is now a technology giant. However, Sunil added another reality that needs to be considered. Innovation in Indonesia, he said, is more "enabling" than "driving." "Technology here is more of a tool, not the core of the business," he said. He emphasized the importance of mental power , resilience , and strong social connections, especially in Indonesia's cultural landscape, which tends to be secular and fragmented. The Indonesian government has expressed big ambitions: the digital economy valuation target reaches USD 110 billion this year, with 2,566 active startups, making Indonesia the 6th largest startup ecosystem in the world. Written by
Bloomberg Technoz
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