Kiwi Aliwarga is the President and Commissioner of UMGIdeaLab Indonesia, an Indonesia-based venture capital firm and co-owner of UMG Myanmar. Born and raised in Jakarta, Kiwi started his business development career in the early to mid 90’s with Astra International and United Tractors-Indonesia before co-founding UMG Myanmar in 1998 with partner Marlar Win.
As a passionate Indonesian technologist, Kiwi has set the ambitious goal of turning UMG into the multi-billion dollar regional conglomerate.
He holds a Bachelor of Science in Industrial Engineering from the Indonesian Institute of Technology, a Master of Science in Engineering from the Asia Institute of Technology, Thailand and a Master of Science in System Dynamics from the Sloan School of Management, MIT. He also holds a PhD in Agriculture from Gadjah Mada University, Indonesia.
UMG is a group of companies founded in Myanmar in 1998. We first entered the local market in 1998 trading generator sets and heavy equipment parts. As a result of our efforts and virtue, UMG has earned customers’ trust and 50% national market share within a few years, giving us market opportunities to expand our business to 9 divisions and more than 40 subsidiaries. The
UMG is widely recognized as the largest distributor of agricultural tractors and trucks, power generation and industrial systems, logistics, motorcycles, trucks and buses, remanufacturing, construction, concrete equipment and consumer goods. With more than 50 branches throughout Myanmar and eight offices in seven Southeast Asian countries, UMG continues to grow to become one of the leading companies in Myanmar with more than 3,000 employees.
Our passion for building meaningful businesses has made us one of the main pillars of Myanmar’s economy. Our values and culture make us strong. Our constant pursuit of excellence leads to the success and loyalty of our customers, and keeps us humble as we continue to grow.
As a top class company in Myanmar, we conduct business in a way that is sure to bring prosperity to the people of Myanmar. Real estate and infrastructure activities are handled by UMG-funded “DragonPower”, which was founded in 2002 as a heavy equipment rental company. Since then, it has developed into road construction and hydroelectric power generation.
Founded in that year, the company’s mining division operates gypsum, barite, jade, granite, marble and gold mines. In education and entertainment, UMG manages hotels and amusement parks, as well as UMG College which was founded in 2011 and opened in 2014. UMG also operates Win Food Co., Ltd., a subsidiary that produces snacks, waffles and noodles, and plans to expand into other manufacturing areas.
In July 2013, UMG Myanmar signed a joint venture agreement with Indonesia’s largest producer, PT Wijaya Karya, and announced plans to build a precast concrete plant in Myanmar. Initial production was 27,000 tons per year.
From Myanmar to Indonesia
UMG Idealab’s story started in Myanmar as one of the subsidiaries of UMG Myanmar
Seeing the impressive growth of Southeast Asia’s technology industry, UMG Myanmar Founder Kiwi Aliwarga then initiated the establishment of UMG Idealab.
UMG Idealab’s line of business is divided into two parts: Incubator in Myanmar which helps startups start their business, and CVC in Indonesia which helps startups with initial funding investments.
Through UMG Idelab, Kiwi also guides the younger generation to build startups that have a vision to solve problems faced by Indonesia’s next generation.
In Indonesia, apart from Aruna and Crowde, UMG Idealab has also invested in agritech startup MSMB, speech recognition platform Bahasakita, chatbot platform Botika, online bookstore Bukku, health marketplace Prosehat, human resource management platform Netis, food products e-commerce platform Total Agri. Mart, the on-demand homecare service Nurseku, and the FROGS air taxi service, which are currently under development.
Apart from Indonesia and Myanmar, the company also invests in start-ups in Thailand, Malaysia, and China.
Reference Source: Kiwialiwarga.com.
Link dan Transkrip Video
kiwialiwarga, #umgidealab , #idealabindonesia ,
- Video Company Profile UMG Idealab Indonesia. Ini adalah profil Perusahaan dari UMG Idealab. https://idealabindonesia.com/2022/07/27/about-bahasa-indonesia/ Transkrip https://www.youtube.com/watch?v=Ejoi1HLpdMI video
- This is a Company presentation of UMG Idealab. https://idealabindonesia.com/2022/07/27/about-english/ Transkrip https://www.youtube.com/watch?v=OgJ8z1DO_vU video
- Kuliah Online Startup Series Episode 1. Apa yang dimaksud dengan startup perusahaan baru atau perusahaan rintisan? https://idealabindonesia.com/2022/07/18/apa-yang-dimaksud-dengan-startup-perusahaan-baru-atau-perusahaan-rintisan/ Transkrip https://www.youtube.com/watch?v=1aEKXzmjnos Video
- Kuliah Online Startup Series Episode 2. Apa yang dimaksud dengan pembelajaran kewirausahaan startup ? https://idealabindonesia.com/2022/07/18/apa-yang-dimaksud-dengan-pembelajaran-kewirausahaan-startup/ Transkrip https://www.youtube.com/watch?v=1aEKXzmjnos Video
Dr Kiwi Aliwarga Profile in English I Venture Capital I Startup mentor I Technologist