Restructuring Investment Funds, Aryo Ariotedjo Introduces "Absolute Confidence"

His experience as an investor since 2013 has inspired Aryo Ariotedjo to bring a new financing option to businesses in Indonesia. Carrying the name Absolute Confidence, Aryo (as Managing Partner) and partners want to give new options to traditional businesses to adopt mindset  startup

To DailySocial, Aryo emphasized, Absolute Confidence wants to focus on investing in businesses or companies that have a strong foundation in terms of  with a business model that scalable and replicable. He emphasized that the business does not have to have a background or be supported by the latest technology.

"In Indonesia, the dream is indeed a startup that has the latest technology, but in fact there are still many businesses in Indonesia that are still traditional. With startup-style support and thinking, we see [Absolute Confidence] can help businesses grow," said Aryo.

Aryo gave an example of Kopi Kenangan's development of adopting technology into a business that has been running traditionally. Embedding technology into well-established business models is believed to improve value or the value of the business.

Company investment plan

Although currently most of the teams, offices, and infrastructure are still utilizing the Grupara Ventures entity, Aryo said the funds managed using Branding Absolute Confidence. To launch this investment, Aryo plans to raise funds in the near future.

Aryo specifically mentions Grupara's "melting" process into Absolute Confidence as restructuring, doesn't it rebranding or to merge.

Some of the businesses and creators that Absolute Confidence has funded this year are wholesale product platform Dagangan, Podkesmas Asia Network / Podkesmas podcast creator, and Wanfan restaurant.

"You could say we are restructuring with a fresh new name, namely Absolute Confidence. In the future we want to focus on the F&B business or other businesses that profitable," said Arya.

Aryo's journey in technology began in 2010 when he and several colleagues started a business in the digital payment sector. Through Grupara Ventures, Aryo has invested in several startups, including Fabelio, Wellspace, Andalin, Maskoolin, and Seekmi.