Lessons on failure from AgenKan's founder

More: Indonesia bans imported goods worth under US$100 on ecommerce platforms and Jirnexu’s founders establish a new crypto firm in Malaysia. [Read from your browser]( Daily Newsletter --------------------------------------------------------------- Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](. --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [A serial entrepreneur looking back on his first startup]( - A Hong Kong biotech firm scoring US$12 million for its series A fundraise - Other newsy highlights such as Indonesia banning imported goods under US$100 on ecommerce platforms and a new crypto firm from Jirnexu’s founders. --------------------------------------------------------------- Hello {NAME} I love films that end with some kind of moral victory, even if the protagonists didn’t get everything they wanted. For instance, in Real Steel - a movie about robots being used for boxing, which is totally cool and not childish to enjoy at all - the robot Atom ultimately loses to the all-time champion Zeus. However, the important thing is that it lasted multiple rounds against Zeus, something that no other boxing robot had ever done. I think one of the reasons why I love movies like this is because it’s a reminder that even in some kind of perceived failure or loss, there’s always something to be gained. Yes, Atom might have lost the match, but it earned the respect of the entire boxing world and showed others that Zeus was not the godlike robot many thought it was. With how difficult and intimidating the tech industry can be, failure is usually something that occurs more often than not, even to the most capable. In today’s story, we look at serial entrepreneur Muhammad Aditriya Indraputra, who tells us about his failed fintech startup and what he learned from the experience. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY [Serial entrepreneur opens up about failed fintech firm]( Muhammad Aditiriya Indraputra recalls how the pandemic-induced closure of lending startup AgenKan pushed him to grow. --------------------------------------------------------------- TRENDING NEWS [HK biotech firm Immuno Cure gears up for IPO with $12m funding]( The company plans to boost its research on new vaccine technology to develop more effective treatments for cancers and infectious diseases. [Indonesia to ban imported goods below $100 on ecommerce platforms]( The country’s Ministry of Trade is revising its rules to protect local MSMEs, though implementation is still unscheduled. [Jirnexu founders launch crypto fund manager Halogen Capital]( Hann Liew and Lucas Ooi left their leadership posts at fintech firm Jirnexu earlier this month. [Chinese VC firm Panlin Capital closes new fund]( The fund aims to back firms dealing with software, intelligent equipment, industrial aggregation platforms, and critical components. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Indonesia’s top-funded tech companies in the last decade]( Which companies in the country are getting the lion’s share of investments? This automated tracker will help you stay up to date. --------------------------------------------------------------- SYNC 2023: CLIMATE TECH  Unveiling the future of sustainable innovation with industry powerhouses SYNC is back this year with a first-of-its-kind gathering that spotlights Asia’s climate tech leaders. Mark your calendar for August 21, 2023 and join us at the iconic Gardens by the Bay in Singapore for our annual tech summit. Experience the future of tech through state-of-the-art product demos, interactive networking sessions, insightful expert roundtables, inspiring fireside chats, and thoughtful business matchmaking. Want to be part of this invite-only event? Find out more details and apply for a ticket [here](. Avoid FOMO and request for an invitation to SYNC 2023: Climate Tech today! ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here](. - [AD] [AWS Innovate Online Conference: Data edition]( on August 30 Learning never stops. And in today’s world, neither does data. As such, businesses need to have strong capabilities in things like big data, analytics, and information storage, as well as new tech such as generative AI, to stay at the forefront of tech innovation. The AWS Innovate Online Conference can help with this, as the event has more than 50 sessions dedicated to data, innovation, and generative AI. Click [here]( to sign up. - [SYNC 2023: Climate Tech on August 21]( Do you want to make a positive impact on the fight against climate change? Join SYNC 2023 on August 21 at Singapore's green haven, Gardens by the Bay, to learn more about sustainable innovation and eco-friendly practices. Besides spotlighting climate tech via this invite-only event, Tech in Asia is committed to reducing our carbon footprint. Be part of this movement towards a sustainable future - send in your application for a SYNC 2023 ticket today! - [Tech in Asia Conference]( from October 18 to October 19 Do you see the light at the end of this funding winter’s tunnel? We do, and we believe Southeast Asia is that very light. That’s why this year’s Tech in Asia conference’s theme is Southeast Asia: A Bright Spot in the Tech World - signaling how the region can provide hope and guidance for the tech sector amid some troubling times. Hosted in Jakarta from October 18 to October 19, we’re excited to bring you a great lineup of speakers, thought-provoking sessions, and other activities. Click [here]( to get your limited first-release tickets.  - [Tech in Asia’s Founders Meetup: India on August 25]( Do you want a closer look at India’s tech scene? Discover the hidden gems of India’s startup ecosystem at our networking event on August 25 at Byg Brewski (9, 36, 4th Floor, Vaishnavi Sapphire Centre, Tumkur Rd, Yeshwanthpur Industrial Area, Phase 1, Yeswanthpur, Bengaluru, Karnataka 560022) from 5:30 p.m. to 7:30 p.m. Whether you’re facing roadblocks in funding or talent acquisition, connect with fellow founders and find solutions to your most pressing issues while offering your own expertise. Don’t miss out - [sign up now]( ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Kosmo - [Kosmo launches fleet and route optimization platform for local business]( a last-mile delivery optimization company, launches its "Fleet" and "Route Optimization" solution. - 1SK - [Tech startup 1SK aspires to lead the Vietnamese digital healthcare market]( on connectivity and smart devices - AIoHT, 1SK has successfully developed solutions providing seamless health data to enhance health services. - Financie Inc - [Financie Inc. raises a total of JPY 1.5 billion(*$10.8 million) in funding from TIS Inc.]( Financie, Inc has raised additional funds with TIS Inc. as the underwriter. In addition, the two companies have entered into a business alliance. ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [SAP FICO]( at SIGMATECH Tangerang, Indonesia - [Human Resources Associate]( at movus technologies Indonesia Bulk Terminal, Indonesia - [Product Manager]( at AiChat Jakarta, Indonesia - [Product Manager]( at Dropsuite Bandung, Java, Indonesia - [Product Designer (Jakmall.com)]( at Dealls Jakarta, Indonesia - [Business Development Lead]( at TLab Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2023 Tech in Asia, All rights reserved. 63 Robinson Road, Singapore 068894