Jakarta

Indonesia is Southeast Asia’s biggest economy and Jakarta is its heart. The city has a population of more than 10 million people and is home to the majority of the country’s startup community. The growth potential in Indonesia is huge as it is now a mobile-first nation, with 75 percent of online purchases made via mobile devices. 50 million new individuals are gaining online access from 2015 to 2020.

STARTUP ECOSYSTEM

Jakarta is home to four of the biggest unicorns in ASEAN: Go-Jek, Tokopedia, Traveloka and Bukalapak. After initially focusing on the local market, the Indonesian unicorns have kickstarted regional expansion, to countries such as Vietnam, Thailand and Singapore. Cashless payments and E-money adoption has been growing, driven by the rise of ride-hailing services.

TOP INDUSTRY VERTICALS

E-Commerce
Education
Enterprise Solution
FinTech
HealthTech

ESTIMATED LIVING COSTS

SGD $540

Accommodation

Monthly rent for Studio apartment

SGD $5.03

Meal

Basic combo meal in a casual restaurant

SGD $76

Utilities

For one person in studio apartment

SGD $29

Internet

Internet package for one month

SGD $39

Transport

Avg. of public transport ticket per month

SGD $1000

Development Cost

Personal development cost per student

SOME OF OUR INTERNSHIP COMPANIES

CoLearn

https://colearn.id/

CoLearn is one of SE Asia’s fastest-growing edtech platforms for students in grades 7-12 that combines AI-powered homework help with live classes with a focus on STEM subjects such as maths, physics, and chemistry. Four million Indonesian students have signed up for CoLearn since Aug 2020.

Kopi Kenangan

https://kopikenangan.com/

Kopi Kenangan is a tech enabled grab and go coffee chain with more than 400 stores across 26 cities in Indonesia. Named Brand of The Year winner in the Café Chain category from Indonesia by The World Branding Awards 2020 – 2021.

This internship opportunity has been extremely fruitful and valuable. It has made me step out of my comfort zone and experience a different culture. I am really thankful to my colleagues and superiors for their warm hospitality. Although there were difficulties such as language barrier, they constantly guided and motivated me to strive harder. I feel that you should not underestimate yourself but always try to challenge your own potential. Indonesia is actually a huge and beautiful country so use the weekends wisely and explore different parts of it!

Kalpana Tasha Siva Kumar

Intern at MEDICO