Last Wednesday, on August 29 2018 ANGIN is finally back with ANGIN Pitch Luncheon in Inovest Space, Menara Duta, Jakarta. This was the first pitching session held by ANGIN in this year. Attended by mostly our angel investors coming from different backgrounds and some Venture Capitals, such as Convergence Venture, Plug and Play, and East Venture.
During the Pitch Luncheon session, there were three startups who got a chance to pitch in front of ANGIN angel investors. They were Bandingin, NAM Watch, and Adsvokat. These three startups have been through several rigorous selections process, also been undergoing the mentoring session and fundraising pitch practice with ANGIN. Each startup got a chance to do pitching in 5 minutes and 10 minutes of feedback and QnA session from the investors.
Here’s a little brief about the startups.
Bandingin is an insurance aggregator platform that helps in creating awareness, growth and value-based purchasing in the insurance industry. Bandingin aims to create convenience in the insurance industry – convenience for the customer to search, decide, and buy the insurance product that fits and convenience for the insurance companies to market and acquire new customers.
NAM Watch is Indonesia-based wrist watch brand targeting middle-income customers with a price range between ~USD 137 (IDR 2 Million) to ~USD 205 (IDR 3 Million). Aiming to be the leading local wrist watch brand, it offers high-quality product combined with Indonesian values reflected from the aesthetically embossed batik on the watch back and names of its watch collection, which are based on Indonesia’s iconic landscapes, such as Krakatoa, Mahameru, and Toba.
Adsvokat is an ads crowdsource platform that connects individual influencers (any consumer) and corporate clients/ advertisers. Through their platform, individual influencers (called “ADSvocators”) can choose the brand they love to advertise and medium preference to promote the brand (i.e. car, laptop, helmet, motorcycle) in return of a fee for every activity in advocating the product/ service they complete.
ANGIN decided to bring the startups from different sectors in this ANGIN Pitch Luncheon to accommodate the angel investor’s preference and interests. Valencia as Principal ANGIN also added that ANGIN Pitch Luncheon will be one of ANGIN’s monthly routine events for the angel members.
