1. Startups

Six Early-Stage AI Startups Show Off Their Skills at DSLaunchpad AI Demo Day 2024

TOP6 DSLaunchpad AI Startups include InLive, Ternakin, Mulai.com, Talentmarket.id, Diva, and Paperless Hospital

DSLaunchpad AI is an early-stage startup incubator program that focuses on developing solutions with artificial intelligence (AI) as one of its foundations. This program consists of learning activities, assignments, and mentoring that lasts intensively for 4 weeks; and closes with Demo Day as a presentation session for the best graduates of this program.

DSLaunchpad AI was initiated by consulting firm Discovery/Shift and venture capital DS/X Ventures which is part of DailySocial Group.

Since registration opened in early July 2024 until mid-August 2024, DSLaunchpad AI received 159 startup applicants. From that number, the DS/X Ventures team curated the TOP22 Startups that received coaching. 1-on-1 with para supermentor. Until it was narrowed down to TOP6 to attend Demo Day in front of dozens of investors (VCs, CVCs, Angels) and corporations.

"This year has been truly incredible! Seeing Indonesian AI talent surpass expectations with brilliant ideas and bold innovations has made us even more excited. A big thank you to our incredible partners and mentors – your support has paved the way for a future of AI that is full of potential in Indonesia. We are only just getting started, and the journey is only going to get more inspiring!" said Discovery/Shift Managing Partner, Rama Mamuaya.

Mentors and Benefits

For 4 weeks, startups get sessions mentoring intensively. In order to increase flexibility, amidst the busyness of the founder in working on his startup, this session was conducted online in the evening. The founder selected will be presented with material and direct coaching from mentors including:

NameCompanyMateri
On LeeCTO GDP Venture, CEO & CTO GDP LabsAI Fundamental
Andrias EkoyuonoChief of AI & Corporate Strategy KumparanIdeation and Problem Identification
Risman AdnanDirector of Digital Technology Kalbe Digital LabMarket Research & Validation
Hokiman KurniawanCo-Founder & CEO Meeting.aiProduct Development Planning
Irzan RadityaCo-Founder & CEO of Kata.aiBusiness Model Development
Gani Putra LieHead of Investment MDI VenturesFinancial Planning and Fundraising
Ananda BudiSr. Architect Solution Alibaba Cloud IndonesiaAI Technical Workshop
Michael CleavantHead of Investment DS/X VenturesPitching Preparation for Early-Stage Startups

In addition, participants also get perks addition to Alibaba Cloud Indonesia's involvement in supporting the DSLaunchpad AI program. Namely, participants get exclusive access to the Alibaba Cloud Catalyst program, which allows every startup to get benefits cloud credit worth $1000 (or equivalent to Rp. 15,5 million) for development and R&D needs, as well as access to the Alibaba Cloud startup ecosystem.

For the best participants, Alibaba Cloud will also provide additional cloud credit worth $20.000 or equivalent to credit worth IDR 231 million.

 TOP6 Startup

After the incubation stage, 6 best startups were selected to present their startups in front of investors and corporations. This Demo Day aims to open up the potential for collaboration and synergy between selected startups and stakeholders in the DailySocial network.

Here is a list of 6 AI startups selected to enter the Demo Day session:

StartupsDescription
InLiveInlive is a teleconferencing SaaS that helps developers or companies develop their custom teleconferencing applications in weeks, not months, using their existing cloud APIs.
LivestockTernakin is a fish farm operator that partners with farmers, leveraging IoT and AI to optimize farm operations and increase transparency. Ternakin’s approach empowers farmers to increase productivity while ensuring sustainable aquaculture practices.
Start.comMulai.com is a no-code centralized Anti-Financial Crime Platform for fintechs and banks in combating financial crimes such as Money Laundering and Fraud in the Fiat & Crypto space.
TalentMarketTalent Market is an AI-based search engine for finding verified global talents and job opportunities.
DivaDiva, a no-code business process automation platform, aims to end repetitive tasks for operators, agents, and other manual processes. The platform will open up opportunities to focus on what matters and increase productivity and profitability to drive revenue while reducing costs.
Paperless HospitalPaperlessHospital is a startup focused on AI-powered medical scribe solutions for hospitals. Their technology automates the documentation process, allowing doctors to spend more time caring for patients while ensuring accurate and efficient medical records. The startup helps healthcare providers reduce administrative burdens and improve overall workflow.

DSLaunchpad AI hopes that this series of programs can graduate early-stage AI startups that are ready to be applied in the market, amidst the increasing need for AI in Indonesia and the world.

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