Winston Utomo

Last updated
Winston Utomo
Born (1990-11-23) November 23, 1990 (age 33)
Surabaya, East Java, Indonesia
Education University of Southern California
Occupation Businessman
Known for IDN Media
TitleFounder and CEO of IDN Media
Awards Forbes 30 Under 30 Asia 2017

Winston Utomo (born 23 November 1990 in Surabaya, Indonesia) is an Indonesian businessman and the founder and chief executive officer of IDN Media. [1]

Contents

Early life and education

Winston Utomo was born and raised in Surabaya. He is the elder brother of William Utomo. [2] Winston studied undergraduate at the University of Southern California – Marshall School of Business and Master's at Columbia University in New York with magna cum laude honors. [3]

Career

After completing his master's degree, Winston continued his career by working at Google in Singapore. While working there, Winston got the inspiration to establish a media company targeting the millennial and gen z generations in Indonesia. IDN Media was founded on June 8, 2014. [4] Together with William Utomo, Winston grew IDN Media to become one of the largest technology media companies in Indonesia. [5] [6]

Since its founding, IDN Media has received five series of funding, the latest being Series D funding. IDN Media, which at that time was still known as IDN Times, received its first seed investment funding on September 7, 2015, from East Ventures. [7] The following year, on September 5, 2016, IDN Media obtained Series A funding from North Base Media and several other investors, such as GDP Venture (Djarum), East Ventures, and a film company in the United States, MNM Creative. [8]

On November 21, 2017, IDN Media received Series B funding from East Ventures and Central Exchange Hong Kong. [9] [10] Afterwards, on January 8, 2019, IDN Media obtained Series C funding from EV Growth, a venture company which is a combination of East Ventures, Sinar Mas, and Yahoo! Japan, Charoen Pokphand, and LINE Venture. [11] [12]

On June 6, 2022, IDN Media received Series D funding from Mayapada and KMIF (an investment company from several large Indonesian conglomerate groups). Other investors are East Ventures, OCBC NISP Ventura, Dentsu Group, and V Media Ventures. [13] This makes IDN Media one of the largest media companies in Southeast Asia.

Awards and recognition

Winston is the leader of Global Shapers Jakarta by World Economic Forum.[ citation needed ] He was also awarded in the 2022 Gen.T List by Tatler Asia. [14]

Related Research Articles

<span class="mw-page-title-main">Carousell (company)</span> Mobile and online marketplace

Carousell is a Singaporean smartphone and web-based consumer to consumer and business to consumer marketplace for buying and selling new and secondhand goods. Headquartered in Singapore, it also operates in Malaysia, Indonesia, the Philippines, Cambodia, Taiwan, Hong Kong, Macau, Australia, New Zealand and Canada. Carousell is available on both iOS and Android devices.

The News Lens (TNL) is an independent digital media based in Taiwan, founded by Joey Chung and Mario Yang in 2013, with multilingual versions in Chinese, English and Japanese. Since 2017, it has maintained content partnerships with other outlets such as Time and Fortune. Article categories include politics, economics, technology, society, and more.

Vertex Venture Holdings, also known as Vertex Holdings, is an investment holding company with a group of venture capital funds worldwide. A subsidiary of Temasek Holdings, the company focuses on venture capital investment opportunities in the information technology and healthcare markets through its global family of six direct investment venture funds. Vertex provides anchor funding and operational support to these funds. Each fund has its own General Partners and investment teams, focusing on different regional markets. Its six funds are based across Southeast Asia and India, United States of America, China and Israel.

<span class="mw-page-title-main">Achmad Zaky</span> Indonesian entrepreneur

Achmad Zaky is an entrepreneur and investor. He is a co-founder and the former chief executive officer (CEO) of Bukalapak, an e-commerce company in Indonesia.

PT Gojek Indonesia is an Indonesian on-demand multi-service platform and digital payment technology group based in Jakarta. Gojek was first established in Indonesia in 2009 as a call center to connect consumers to courier delivery and two-wheeled ride-hailing services. Gojek launched its application in 2015 with only four services: GoRide, GoSend, GoShop, and GoFood. Valued at US$10 billion today, Gojek has transformed into a super app, providing more than 20 services.

Jirnexu Sdn Bhd (Jirnexu) is a Southeast Asian financial technology startup headquartered in Kuala Lumpur, Malaysia. The company provides technology to help financial institutions manage different stages of the customer journey: marketing, acquisition, fulfilment and retention. It currently has business-to-business (B2B) and business-to-consumer (B2C) operations in Malaysia and Indonesia.

PT Trinusa Travelindo, operating as Traveloka is an Indonesian technology company focused on travel and ticketing. Operating a services website of the same name and based out of Jakarta, Indonesia, Traveloka is active in six countries, and in 2022 remained the largest online travel app in Southeast Asia. Founded in 2012 as a travel search engine, it now also offers services such as attraction tickets, activities, transportation rentals, and restaurant vouchers. It also provides financial services such as credit and insurance. Classified as a unicorn company and regarded as functionally similar to Expedia, in 2022 it was valued approximately at US$3 billion.

<span class="mw-page-title-main">Quest Ventures</span>

Quest Ventures is a venture capital firm founded in 2011 by James Tan and Wang Yunming in Beijing, China. The firm mainly focuses on digital commerce investments and has an office in Singapore. The firm deploys funds across Asia in countries such as Singapore, Malaysia, Vietnam, and Indonesia. Quest Ventures is also the largest anchor tenant at JTC Launchpad.

Gushcloud International is a global influencer, entertainment, and talent acquisition company. It is headquartered in Singapore and began in 2011.

OVO, officially a product of PT Visionet Internasional, is a digital payment service based in Jakarta, Indonesia. It was established in 2017 with an e-money license from Bank Indonesia, and in 2019 was Indonesia's top digital payment service. Owned by Grab and local investors, in 2019, OVO became Indonesia's first finance-tech business unicorn.

Kumu is a Filipino video sharing and e-commerce social networking service owned and developed by Kumumedia Technologies, Inc. The social media platform is used to livestream curated programs created by app users and partner brands and as an e-commerce platform for app users and partner brands who want to sell their merchandise online. It was founded in 2017 and launched on Android and iOS devices in February 2018. Kumu caters mainly to the Philippine market and the Filipino diaspora. In October 2020, the app topped the download charts of both the Apple App Store and Google Play in the free apps category. The app aims to become a "super app" that combines the functionalities of other apps like YouTube, TikTok, Shopee, Instagram and Facebook Messenger into one. Kumu is considering adding offline events to its platform, such as fan meetings with popular livestreamers and a convention inspired by Comic-Con called Kumu-Con, and expand beyond livestreaming to e-commerce and payments.

<span class="mw-page-title-main">DealStreetAsia</span> Singapore-based financial news website

DealStreetAsia is a Singapore-based financial news website, founded in 2014 by Joji Thomas Philip.

<span class="mw-page-title-main">Tagani</span>

Tagani Inc., commonly known as Tagani, was a Philippine agricultural startup company founded by Keb Cuevas in 2016. It was most notable for e-commerce platform for farm produce. Tagani also developed services such as e-learning for agribusiness and its proprietary digital farm management software platform. The company was headquartered at the Asian Institute of Management in Makati City, Philippines.

Helicap is a Singapore-based fintech and investment company. It specialises in the private credit market in Southeast Asia.

IDN Times is an Indonesian multi-platform digital media for the millennial and z generations. IDN Times is one of the business units of IDN Media, founded by Winston Utomo and William Utomo on June 8, 2014. Currently, senior journalist Uni Zulfiani Lubis serves as Editor-in-Chief of IDN Times.

Popmama.com is digital media multi-platform owned by IDN Media which deals with topics of childcare for Millennial and Gen-Z mothers in Indonesia, from pregnancy until the adolescence. Popmama.com has five article categories namely Pregnancy, Baby, Kid, Big Kid, and Life.

Popbela.com is a multi-platform digital media owned by IDN Media focused on fashion, beauty, pop culture and lifestyle for Millennial and Gen-Z women in Indonesia.

<span class="mw-page-title-main">Yummy (company)</span> Indonesian online cooking tutorial company

Yummy is a digital media company founded by IDN Media which provides tutorial content for cooking, food, recipes, and culinary exploration in Indonesia.

IDN Pictures is a technology-based film company located in Indonesia which was launched on May 25, 2020, by IDN Media, an Indonesian media platform company.

IDN Media is a media platform company for millennials and generation Z in Indonesia.

References

  1. ↑ "Keisengan Winston Utomo Lahirkan Media Daring Terhits untuk Generasi Y dan Z". kumparan (in Indonesian). Retrieved 2022-06-30.
  2. ↑ "Winston Utomo – Pendiri IDN Times Media - Biografi dan Kisah Sukses Tokoh Dunia". 2022-02-21. Retrieved 2022-06-30.
  3. ↑ "Winston Utomo – Pendiri IDN Times Media - Biografi dan Kisah Sukses Tokoh Dunia". 2022-02-21. Retrieved 2022-06-30.
  4. ↑ Diandri, Reyhan. "Winston Utomo Cerita Awal Bisnis Media hingga Sukses Sebagai Milenial". detikcom (in Indonesian). Retrieved 2022-09-13.
  5. ↑ "Mimpi Utomo Bersaudara agar Indonesia Dihormati Dunia Melalui IDN - Startup Katadata.co.id". katadata.co.id (in Indonesian). 2022-05-06. Retrieved 2023-10-06.
  6. ↑ "Delve Into Utomo Brothers's Vision Empowering Indonesian Creators". medcom.id (in Indonesian). 2023-04-06. Retrieved 2023-10-06.
  7. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-10-06.
  8. ↑ Menur, Anisa. "IDN Media raises Series A to become the forefront news portal for Millennials and Generation Z". e27. Retrieved 2023-10-06.
  9. ↑ Menur, Anisa. "IDN Media raises Series B funding round from East Ventures, Central Exchange". e27. Retrieved 2023-10-06.
  10. ↑ "Indonesia's IDN Media secure Series B funding". Digital News Asia. 2017-11-24. Retrieved 2023-10-06.
  11. ↑ Akhaya, Prisca. "Indonesia's online media company IDN Media secures Series C funding round from EV Growth". e27. Retrieved 2023-10-06.
  12. ↑ "IDN Media secures series C investment, eyes millennial and Gen-Z audience". The Jakarta Post. Retrieved 2023-10-06.
  13. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-10-06.
  14. ↑ Asia. "Winston Utomo". Tatler Asia. Retrieved 2024-01-18.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.