1. Startups

Nodeflux Reveals Profitability, Plans Overseas Expansion

The largest portion of business comes from B2G; plans to expand to India, Singapore, the United States and Europe

Startups deep tech AI technology developer Nodeflux says the company has achieved profitability and hasn't relied on funding from investors since last round in 2019. The adoption of AI technology, which is starting to bloom among governments and corporations, is the driving force behind the achievements of this startup that was initiated in 2016.

In a media meeting held on Monday (28/11), Chief Product Officer Adhiguna Mahendra said that since the beginning of Nodeflux, the management has always ensured that the company has fundamental  strong through the right business model and values ​​in order to have a strong position in the market, and eventually become a sustainable company.

As a technology company that has no physical assets, the only thing that can be used as an asset is intellectual property (IP), which is believed to always have added value in the future. Meanwhile, the company's tangible assets are a portfolio of examples of projects that have been worked on with its clients.

“Our business model is not raising funds chase growth, we don't want it to be like that, we want it sustain. That's why we play with the consumer segment business proposals strong, we also have value which is good, they [clients] can also give it money which is good, so we can sustain,” said Adhiguna.
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