South East Asia Archives | Redseer Strategy Consultants

Quick Commerce in SEA: How Early Movers Are Building the Next $35B Giants

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Artificial Intelligence: Everything, Everywhere, All At Once

AI is the fastest adopted technology in history, outpacing the internet and smartphones. Thanks to its intuitive natural language interfaces, hyper-personalized outputs, and versatility across use cases, from content creation to problem-solving, AI is no longer a niche; it’s a second brain for the masses. The consumer internet industry faces a shakeup moment: sectors like […]

Rewriting the Recipe: Why Healthier Snacks Are Gaining Ground in Indonesia

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

The $6 Tn Question: Who Wins SEA’s Digital Payment War?

Across Southeast Asia, digital payments are entering their next phase of evolution. What began as a utility-led wallet ecosystem—centered around QR, P2P, and bills—is now moving toward a full-stack fintech opportunity, spanning lending, investments, and financial trust. What’s Driving the Shift? Key Metrics Strategic Insight The next phase of digital payments in SEA won’t be […]

Consolidation and Mainstreaming of Cryptocurrencies in SEA

The cryptocurrency landscape is undergoing a fundamental transformation, shaped by consolidation, strategic acquisitions, and deeper integration with mainstream finance. What was once a fragmented market dominated by independent exchanges and fintech disruptors is now evolving into a more structured ecosystem, where traditional banks, telecom giants, and leading payment platforms are entering the space. As we […]

TikTok-isation of retail? Quick Commerce in Southeast Asia – the USD 35 Bn future of retail waiting to be unlocked!

Southeast Asia’s retail sector, backed by strong digital adoption and rapid urbanization, is on the cusp of a new wave of transformation. The region’s growing young middle class, coupled with rising eCommerce penetration and dense urban centers, makes it fertile ground for the rise of Quick Commerce (Q-Commerce) — a new-age fulfillment model promising ultra-fast […]

Indonesia’s Digital Banks Are Coming of Age:Can Incumbents Fight Back?

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Longevity economy: Building for a USD 250 Bn silver community

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Viet-Nomics: Southeast Asias Rising Economic Star

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

USD 30 Bn Market in Motion: New Revenue Models Shaping Mobility & Delivery in SEA

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Cycle of Opportunity: Spark Innovation in Indonesia’s Menstrual Care Domain

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Healthy ice cream scoop: SEA’s next cool investment

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Byte-Sized Justice

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Make it “Premium” in Indonesia

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Ramadan 2025: The year of Gifting, Wellness & Live Commerce

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Pawsibilities Unlimited: Exploring SEA Pet Care Landscape

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Scaling Through Synergy: M&A Upswing in 2025!

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Southeast Asia – The Emerging Hub for Live Experiences

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

2025: The Mean Matters

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

The Glow Economy – Inside Indonesia’s $8 Bn BPC Market

Inside Indonesia’s $8Bn BPC Market | Redseer Glow Economy

Southeast Asia IPO: A Turnaround Ahead in 2025

Hello Readers, presenting to you the Redseer Southeast Asia IPO index 2025! After a subdued 2024 (Road to IPO), public market listings in Southeast Asia’s consumer internet and digital sectors are expected to rebound in 2025. Improving macroeconomic conditions, such as lower interest rates and political stability, are providing positive momentum. […]

From Staples to Superfoods – Indonesia healthy food opportunity

Indonesia’s relationship with food is as vibrant and diverse as its culture, but there’s more to it than meets the eye (or the plate). Did you know that while rice remains a staple, Indonesians are splurging more on packaged goods than ever before? Sweet treats are gaining popularity, but interestingly, fried food is taking a […]

Indonesia’s New Cabinet Powers Up Digital Economy Push

On 20 October 2024, Prabowo Subianto was sworn in as Indonesia’s 8th president following a landslide victory earlier this year. As a former military officer, he is characterized as disciplined, straightforward, and highly-organized. However, heavy expectations loom about Prabowo’s shoulders – especially from the business community. His predecessor, Joko Widodo, brought about ‘Indonesia’s digital spring’ […]

How to unlock the USD 23 Bn Electric 2W opportunity in Indonesia?

Indonesia’s electric two-wheeler (2W) market is poised for growth, with government support and rising consumer interest driving momentum. However, key challenges—such as pricing concerns, range limitations, and resale uncertainties—are slowing widespread adoption. Addressing these factors will be crucial for realizing the market’s full potential. In this update, we focus on the primary barriers to adoption […]

What’s Brewing in Southeast Asia’s Coffee Chains?

As we celebrated International Coffee Day, we revisited the vibrant world of Southeast Asia’s coffee scene. With a surge of investments and cross-country expansion, the region’s coffee market is evolving rapidly. Over the last year, industry players have focused on consolidation and improving profitability. Now, these leaner and more efficient companies are poised to capitalize […]

Consumer are going digital but what about merchants?

This photo reminds me of the legendary a16z’s 2011 article, why software is eating the world. 13 years later, and a street stall in Thailand can be found selling its food online via food delivery platforms, accepting payments online, and processing it through a POS system. While it doesn’t seem ludicrous. This still is more […]

Baht Bytes: Spotlight on Thailand’s On Demand Services

“Can Thailand, the second-largest economy in Southeast Asia spring a surprise in the consumer internet space?” queried our friend at a regional Venture Capital. As we looked for answers, we could not miss the country’s high household affordability levels and the digitally well-connected population. As we dug in, we noticed that while there have been only a few sizeable startups in the past, the situation is […]

A Postcard from the West Coast

Just returned from San Francisco, where I met with startup investors, founders, and tech-sector friends. There was interest in exploring Asian consumer technology companies, but with a cautious undertone. Why the Caution? US inflation, geopolitical tensions, and upcoming elections cast a shadow of uncertainty. However, there are bright sides: Southeast Asia founders have a unique […]

Southeast Asia and India: Connecting Consumers Beyond Borders

Imagine my surprise on a Mumbai summer break. While browsing the shelves at a retail outlet, I saw Indonesia’s legendary Indomie noodles and those addictive Kopiko candies. After speaking with my friends, I realized Indian personal care companies like Wipro and Marico have been spreading their wings in Southeast Asia for years now – think […]

A Matter of Time: Indonesia’s ‘Carbon Offset Ecosystem’ Kicks Off

Increasing awareness and widespread enthusiasm for the reduction of carbon emissions worldwide has set up an exciting scene for Indonesia’s nascent carbon economy. Indonesia is unique when it comes to carbon, presenting several key attributes: Picking up from our previous piece on climate tech, in this article, we will be diving into Indonesia’s exciting carbon […]

Behind Malaysia and Indonesia’s ‘$100 Rule’

Headlines as of late have been dominated by China’s historic push to develop high-tech manufacturing. The Chinese government is bullish on electric vehicles (EV), semiconductors, and renewables—building nationwide capacity with the aim of becoming a dominant global player. However, according to The Edge Singapore commentary, China’s gargantuan capacity-building efforts could lead to overcapacity, while its […]

Opening the digital lending faucet and breaking a legislative chokepoint for new energy: Indonesia Policy updates

While exciting and teeming with potential, businesses in the digital, new age, technology-based space are constantly under regulatory scrutiny due to their innovative and disruptive nature. As regulatory landscapes shift, we introduce a series of newsletters bringing you updates on key policies and laws that may affect new-age players in Southeast Asia. 1. Summary for […]

Plug and play: Charging up part 5!

First up on the consumer side: Is SEA all about two-wheelers (2W) when it comes to EVs? Well, you might be surprised to find out that it is the 4W market that is surprising us more. Then, let’s talk business – Do EV opportunities in SEA exist on the B2B front? And finally ranking the countries the […]

Who’s making Indonesia look pretty?

Lately, everywhere we look in Jakarta, we see advertisements/content for Beauty & Personal care companies. And it makes sense also, as the country’s disposable income is on the rise, consumers are spending heavily on looking better. With ample whitespaces, brands have come to fulfill customer needs. We have been tracking the space for a while now and have […]

Not so Modest opportunity in Modest Fashion

Fashion’s booming! New brands are popping up everywhere – just in 2022 fashion startups had raised USD 6 billion + globally But here’s the thing: while chatting with a colleague recently, she was surprised she couldn’t find stylish modest clothes that fit her taste. We did some digging, and guess what? There just aren’t many funded […]

Indonesia Quick Commerce: Can it crack the code like India?

Quick Commerce (QC) stumbled in Indonesia (and elsewhere) thanks to some business model hiccups. But look at India – QC’s not just surviving, it’s stealing thunder from mainstream e-commerce giants. This playbook could be the key to unlocking QC’s true potential in Indonesia. It’s a challenge, but winnable. Grab and Astro – the QC frontrunners […]

Indonesia Electric Vehicle: Charging Up Part 4

Indonesia’s Electric Vehicle (EV) sector faces a chicken-first-or-egg situation. Buyers want better ownership options (financing, resale, etc.) before coming in droves, and manufacturers are waiting for higher sales volumes before ramping up production.  The good news is demand is rising, and the government is stepping in to help. We see the EV ecosystem is charging […]

Profitable with moats – the next phase of growth for Online Travel Agents

In one of our previous updates, at the start of this year, we spoke about the Indonesian travel market and its immense opportunity. In this article we take a deeper look at the Online Travel Agent (OTA) market and what trends are going to be shaping up the industry. And as a bonus, we also talk about […]

Sweat, Smoothies, and Stats: Indonesia’s wellness wave

The wellness movement is becoming an essential part of the lifestyles of Gen Z and millennials due to their busy schedules, increasing health issues, and growing awareness. It is not just a trend or about physical health, but it is a deeper connection to the overall well-being of the body, mind, and spirit. In Indonesia, […]

Looking beyond sleeping pods & whiteboards – Blue Collar Workers, opportunity within plain sight!

While the current macroeconomic situation has seen manufacturing and infrastructure reshoring as a major trend, one common factor that we see being critical to the entire effort is blue-collar workers. These hard-working members of society are out there on the front lines and–almost literally–build everything. Not limited to traditional sectors, they are at the core […]

Ramadan 2024: How will Indonesian consumers spend USD 70Bn

Ramadan is a month of fasting and spiritual reflection for Muslims around the world, a time for family gatherings, community events, and religious observance. It is also a time of increased retail spending, as families stock up on food, gifts, and clothing in preparation for the Eid al-Fitr holiday that marks the end of the […]

Regulatory Rollercoaster: Southeast Asia’s Ups, Downs, and Loop-de-Loop

Understanding regulations is the key to managing business risks. Failing to appreciate regulatory nuances can flip an otherwise promising investment. Look at 2023. The EU launched anti-trust cases against Google, China remained tough on its tech sector, and Indonesia put the brakes on social media companies offering e-commerce. These had meaningful impacts on respective companies […]

Indonesian Business Real Winner of 2024 Elections

If you’ve been following Indonesian current affairs, you might be aware that we are inching closer to the first round of the 2024 Indonesian General Elections in February. Nearing the end of his second term, President Joko ‘Jokowi’ Widodo has led Indonesia through one of its most prosperous periods of economic growth in modern times. […]

Indonesia’s Agritech: Today and Tomorrow

What was the most unexpected yet positive event in Southeast Asia in 2023? It’s a no-brainer for those keeping an eye on this region. A lesser-known firm from a typically overlooked industry in Indonesia – an Agritech company1 – hit unicorn status and was gearing to fund its growth. Remember, this happened while most companies were […]

‘‘Wonderful Indonesia’ – it has something for everyone!

Greetings from the enchanting archipelago of Indonesia! As we reflect on our nearly year-long journey in this diverse and vibrant country. We were struck by the immense travel offerings that the country has. From the famous beach escapes of Bali to the rich cultural history of Yogyakarta and multiple hidden gems in the form of […]

From slowing in 2023 to growing in 2024

Easing macro headwinds are poised to revive interest in Southeast Asian private markets in 2024. As macro drivers take a backseat, the intense focus on profitability will progressively ease. Startups responding well to the emerging demand-supply trends will regain traction. Sectors that could see higher startup activity levels in 2024 include AgriTech, Artificial Intelligence, HealthTech, […]

Singapore Fashion: What a successful launch looks like

In this note, we look at Singapore’s vibrant fashion market landscape and its growth drivers. We share factors that are critical for brands to scale locally and in the broader SEA region. Brands that effectively tap into local tastes, leverage online platforms, and foster meaningful connections with the Singaporean audience are poised for triumph in […]

Indonesia’s Journey to Better Health and Wellness – Part 2

This is part two of our series on Indonesia’s healthcare. We’re exploring future technological breakthroughs in healthcare. Indonesia is just starting to use tech in healthcare. Early efforts, such as Telemedicine and Online Booking, have already made healthcare more efficient and convenient. Upcoming advancements, especially in genomics, could bring over $100 billion in economic gains. […]

Indonesia’s Journey to Better Health and Wellness – Part 1

Indonesia’s healthcare infrastructure lags its counterparts and falls short of WHO benchmarks, signaling a clear need for enhancement. With prevailing health system challenges and a demographic set to age by 2030, the time for Indonesia to act is now. This newsletter zeroes in on healthcare expenditure, private sector contributions, and the evolving trends in the […]

How Indonesia Eats at Food Services: Part – 2

In the first part of our series, we explored the rising prominence of local cuisines within Indonesia’s Food Services sector. Now, in Part-2, we delve into the growth prospects for both online and offline channels, and how both new entrants and established players can capitalize on these trends. 01. Despite being considered as the champions […]

How Indonesia Eats at Food Services: Part -1

Indonesia’s Food Services sector is a relatively small part of the overall F&B pie. The share of Food Services is below the levels in China and the US, in both percentage and absolute terms. This low base provides meaningful headroom for growth, with an estimated 8% CAGR over 2022-27E. Sustained economic growth, rising affordability levels, […]

Navigating the Digital Economy Landscape in the Philippines

The Philippines’s has the second largest population in Southeast Asia with ~USD 400 Bn GDP that is expected to grow at high-single-digit levels in the next few years. Its digital economy is small, but is poised to grow with sustained urbanization, rising internet accessibility, widespread smartphone usage, and a largely English-speaking population. In this newsletter, […]

Southeast Asia – Road to IPO

Southeast Asia’s IPO market remains strong amid global uncertainties, with 85 IPOs in the last six months, raising $3.3 billion. The trend of Southeast Asian companies heading for US IPOs, especially on NASDAQ, signals sustained global interest in the region’s market. However, in contrast to the broader market resilience, IPOs in the new-economy sectors have […]

Resilient Frontiers: Exploring Vietnam’s New Economy

In 2023, funding for Vietnamese startups is projected to exceed 2022 levels. Noteworthy entries, such as VINFAST ‘s debut on NASDAQ and early-stage startup Cross Fund securing its seed round in H2-2023, mark significant milestones. Interestingly, a departure from the trend observed in 2022, a substantial portion of the funds is now directed toward early-stage […]

Singapore – Hub of SEA

Ranked second for ease of doing business, Singapore’s central location in SEA makes it a home for numerous international businesses. In this newsletter, we explore its significance and role as a pivotal hub in SEA. 01. Singapore is considered the hub of SEA, positioned strategically in the middle of SEA countries Singapore is viewed as […]

Indonesia’s Mobile Gaming: Levelling Up In-App-Purchase

With more than 70% population holding a smartphone in their hand, gaming has become more accessible to people across socio-economic groups in Indonesia. Thanks to In-App Purchases (IAP) gaining more traction, the country is set to be one of the largest mobile gaming markets in the world. In this newsletter, we highlight the mobile game […]

Indonesia: Regulations Hammer Live-Commerce, But Resurgence Remains on Cards

Indonesia’s regulatory curveball, mandating the separation of e-commerce and live-streaming functions, will take the steam out of the live-commerce juggernaut. GMV growth rates will moderate in the short term. However, the sector’s structural growth trajectory will remain intact. We think TikTok will make a comeback via a live-commerce-free e-commerce route. Assuming no further regulatory changes, […]

Insurtech: Uncovering the opportunity in Southeast Asia

The insurtech sector in Southeast Asia is undergoing a transformative phase, driven by emerging models and categories. Recent regulatory changes have paved the way for innovative business models that enhance customer and agent interactions while reducing servicing costs. In this week’s newsletter, we will explore how insurtech companies are shifting their focus from revenue generation […]

Uncovering the Digital Economy in Malaysia

Indonesia, Singapore, and Vietnam tend to dominate digital economy discussions in Southeast Asia. As a neighbor of such countries, Malaysia’s potential is often overlooked. In today’s newsletter, we highlight some emerging sectors in the country. Malaysia’s digital economy sectors are expected to experience meaningful growth, led by factors such as a high urbanization rate, increasing […]

Vietnam MSME Digitisation

In Vietnam, Micro, Small, and Medium Enterprises (MSMEs) underpin the retail economy, catering to 80% of all consumer purchases. With the government’s active support in digitizing the market, this newsletter explores the opportunities within Vietnam’s MSME digital transformation. 1. Adoption of digital economy has been rising rapidly across Vietnam, especially in e-commerce The country is […]

Indonesia Electric Vehicle: Charging Up Part 3

Indonesia is fast emerging as a destination for Electric Vehicle (EV) development and deployment. It could be an essential player in the global EV supply chain. The government is playing a supportive role, and the local market conditions are suitable for building solid domestic capabilities. Further, EV batteries present an exciting opportunity to invest in […]

Vietnam consumer internet – unleashing the next phase of growth

The Vietnamese economy is undergoing significant changes. While in the short term we have seen headwinds in the form of real estate challenges, stock market underperformance among others however in the longer run the country has set a strong base for manufacturing sector growth on account of China + 1 policies adopted by countries. With […]

Indonesia ecommerce: The metamorphosis continues…

Over the years, e-commerce in Indonesia has experienced significant growth, driven by factors such as increasing internet penetration, smartphone adoption, and a growing middle class. The category mix of e-commerce platforms has evolved to cater to the diverse needs and preferences of Indonesian consumers. It is further expected to undergo changes as the demographics and […]

Riding the Green Wave: Rise of Climate Tech

The prospects for climate tech look encouraging. Climate tech refers to technologies and innovations that aim to mitigate or adapt to the impacts of climate change. The various drivers for rise of climate tech include government policies, corporate sustainability, public awareness, and innovation.  In the article, we will be looking at various opportunities in the […]

Indonesia Manufacturing: Opportunities Galore For Digital-first Players – Part 3

The nascent segment of eB2B industrials in Indonesia presents an attractive opportunity, especially in the raw material procurement segment, where supply chain inefficiencies exist. The eB2B players are tapping into a promising opportunity for manufacturers looking to digitize their operations as well as providing transparent pricing and project financing solutions to buyers. This article builds […]

Indonesia Online Electronics: A Whitespace for D2C?

Electronics are among the top-selling items in the e-commerce market in Indonesia, accounting for nearly ~25% of the total GMV, and this trend is only expected to continue in the future! In this article, we explore the potential for direct-to-consumer (D2C) brands in the electronics market and the factors that may drive their adoption over […]

SEA Electric Vehicles – Charging Up Part 2

The Southeast Asia region’s growing middle class and urbanization are driving demand for sustainable transportation. Government policies such as tax breaks and reduced registration fees are promoting adoption as well. The entry of new Electric Vehicle manufacturers and development of charging infrastructure are offering favorable tailwinds too. These factors present opportunities for investment in EV […]

Open finance – doorway to digitalization

The Indonesian government has put forward a plan to digitalize and democratize the finance systems in the country by 2025. Open finance platforms directly address several of the key challenges and pain points of MSMEs and are positioned to benefit the most. In this article, we look at a sub-segment of fintech – open finance […]

Influencing On The Way Up!, Part 2

Here we share how influencer marketing is gaining prominence as an impactful digital ads channel. We find that understanding regional user nuances, category mix, and niche marketing tools is critical to creating to an influencer marketing campaign. This article builds on our earlier note on the rise of influencer marketing in Indonesia, influencing-on-the-way-up. 1. Influencer marketing […]

Indonesia Consumer Survey Findings, Part 2 – Cautiously Optimistic

In this article, we share consumers’ views on key consumer internet sectors in Indonesia. This story builds on our earlier update on consumer sentiments on the macro-outlook, Consumer Survey – Part 1. We share our findings on e-commerce, on-demand and FinTech. Further, we share consumer insights on digitally native/ D2C brands and electric vehicles (EVs). […]

Indonesia Consumer Survey Findings, Part 1 – Cautiously Optimistic

In this interesting article, we share highlights from our consumer survey conducted in late Jan 2023. The survey assessed consumers’ views on the macro-outlook, as well as their spending preferences for key online product and services. In the first part, we cover some macro perspectives. We will share consumers’ views on key digital sectors and […]

The Great Shift: Advertisers look beyond big tech

Though Facebook, Instagram, and Google are likely to remain important channels for digital advertising, we can expect to see a shift towards alternative channels like e-commerce and affiliate marketing platforms in the coming years as advertisers look for new ways to reach and engage their target audiences. As per our recent study on Digital Ads, […]

Genomics – Leapfrogging into the Indonesian Healthcare Future

Indonesia is the fourth most populous country in the world, with a population of approximately 274 million people. The healthcare landscape in Indonesia is complex and challenging, with a range of issues such as inadequate healthcare infrastructure, a shortage of healthcare professionals, and limited access to healthcare services in rural areas. Here we look at […]

Agritech SEA – Growth From the Roots

SEA’s economy has a high dependency on agriculture (~17% contribution by GDP) and is strongly in need of modernization. In the wake, several innovative business models have come up in the region, and we go into detail to discuss a few. Here’s a broader look at the SEA market and how agri-tech players are growing. […]

InsurTech: Uncovering the Opportunity in Indonesia – Part 2

Indonesia’s InsurTech sector will grow at ~40% CAGR during 2021-26E due to low base (insurance penetration), already high (and rising) digital penetration, and the emergence of newer models. The capital raises by multiple players in the region suggests the continued support from investors. More could follow as players gain scale and display clearer path to […]

Web 3.0 – A Decentralized Opportunity (pt 2)

Blockchain’s hype led to several innovations in this space as designers and developers flock to make an impact. Nine of the ten investors we met last quarter are closely tracking the Web3/Metaverse-related developments. However, a consensus on what the eventual winners could look like is yet to emerge. While the gates are wide open for […]

Quick Commerce: The Way Forward

Globally, it has not been an easy ride for the industry in the post-COVID period due to several key challenges such as logistics and profitability. We connected with Vincent Tjendra, CEO at Astro to discuss what players could do differently in the upcoming period. In this article, we take a deeper look at the Quick […]

E-Commerce Double Days – Doubling Down on Retention

Indonesia’s double-day sales are one the largest sale periods in the region. With evolving consumer preferences, sales campaigns also need to evolve. In this article, we take a look at changing e-commerce landscape in Indonesia. As the number of consumers grows in the country, preferences have shifted towards convenience-based shopping. 1. Indonesia’s double-day sales campaigns […]

E-Commerce Enablers – An Encouraging Future

While a large portion of merchants have become digitized in the region, conducting efficient operations both online and offline continues to be a major challenge. E-commerce enablers helped merchants go online during the pandemic, and now, new challenges arise in the evolving market, which create further opportunities. Here’s a discussion on how enabler platforms in […]

B2B Trucking – An Interview with Eric Dharma, Group president at Waresix

Globally there have been cautionary headwinds for the ad market as a whole, but Southeast Asia has significant headroom to grow due to its low maturity compared to other countries in the region. The market is noticing a shift of advertising spend from offline to online channels, and e-commerce ads in particular, due to higher reach […]

Digital Ads: The Right Click!

Globally there have been cautionary headwinds for the ad market as a whole, but Southeast Asia has significant headroom to grow due to its low maturity compared to other countries in the region. The market is noticing a shift of advertising spend from offline channels to online channels, and e-commerce ads in particular, due to […]

Indonesia Manufacturing: Opportunities Galore For Digital-first Players – Part 2

Manufacturing contributes the highest to national GDP of Indonesia and has given employment to ~18 million people. Despite these numbers the industry has been stagnant in terms of cost to productivity due to the traditional practices followed. Indonesia is en route to enter Industry 4.0 as the manufacturing sector is ripe for technological disruption and […]

Vietnam Healthcare

With robust macro tailwinds for the sector and on ground demand for health-related services, the healthcare sector in Vietnam is poised to undergo significant transformations. Emerging technologies like artificial intelligence, blockchain and online services are increasingly being used to tackle deficiencies in the existing healthcare system. Further omni-channel players have gained significant traction on account […]

Driven by Digitalization: Philippines Fintech

Philippines has a vast “underserved” banking population of ~57 million demonstrating the untapped potential in the country. Philippines lacks national ID system and hence the prevalence of financial frauds is also quite high. The new age fintech players with their latest technology and credit tools can tackle this issue well and thereby gain customer confidence […]

SEA eB2B Landscape

The eB2B landscape in SEA countries of Indonesia, Vietnam and Philippines offers strong growth prospects with ~40% or higher CAGR during 2021-26. The inherent inefficiencies in the traditional supply chains make eB2B an attractive business proposition. It addresses stockouts, product variety, financing options and other pain points for retailers. Similarly, they help brands with increasing […]

Vietnam’s FinTech Landscape

Vietnam is at the forefront of a fintech revolution. The structural opportunity in digital banking and insurtech sectors in particular is likely to unfold over the next few years. Accordingly, we expect investors’ interests to sustain in the foreseeable future. 1. Macroeconomic indicators present a conducive landscape for the fintech ecosystem to develop and grow […]

What’s Brewing In Indonesia Coffee Chains? – Part 3

Compared to other business models, coffee-chain players have been less affected by COVID due to their greater online presence, access and affordable offerings. They are expected to gain more traction by targeting different markets and introducing new products. We believe the sector holds long-term potential on the back of its standardized product offerings to a wider […]

Indonesia eHealth: Consumer Pulse Series

1. Indonesia healthcare faces severe shortage of resources, with the lowest density of medical practitioners and pharmacists in the region Current capacity of Indonesia’s Healthcare system highlights its inadequacy to deal with the demands of growing population especially post pandemic. It has the lowest density of doctors and pharmacists among ASEAN countries; and given the […]

InsurTech: Uncovering the opportunity in Indonesia

As per our report, InsurTech in Indonesia is estimated to grow fourfold during 2021-26 and reach a multi-billion-dollar gross premium size. This will be driven by rising awareness of the need for insurance, rising digital penetration, wider product offerings and other factors. The note also provides some colour on consumers’ preferences for InsurTech offerings. Here’s a […]

PropTech In Southeast Asia

1. Indonesia is the largest real estate market in the region accounting for more than 50% of the overall realty market in SEA The combined real estate market size in the six focus countries of SEA is over $100 Billion. Indonesia and Vietnam are emerging as the most exciting real estate markets in the region […]

Indonesia Electric Vehicles: Charging Up

1. Indonesia possesses the macro tailwinds needed to stimulate the growth of the Electric Vehicles sector Indonesian government wants to invest for a green economy, hence has launched a roadmap to convert fuel engine vehicles to BEVs (Battery Electric Vehicle) and hybrid electric vehicles (HEVs).It possesses the largest nickel (an important component of Li-ion battery) […]

Influencing On The Way Up!

1. Merchants are increasingly shifting their ad spend wallet to digital channels; influencer marketing is a fast-growing segment Traditional media is losing share to digital media on a global scale. Over the past year, internet advertising has grown at a robust rate of 26% beating offline ad spending, which only grew by 9%. Predictably, digital […]