Business, TechnologyBy Editor Team

Rambla Revolutionizing Retail with Seamless Online-Offline Shopping Experience Powered by Indivara

Jakarta, June 2023 – Indivara Group, one of the largest IT groups of companies in Indonesia and South East Asia region which focuses on consulting, software development, and platform businesses announces that Rambla, the Super Department Store in Indonesia has deployed fully white-labeled Indivara’s O2O e-commerce Platforms integrated with Payment and Loyalty to provide seamless online and offline shopping experiences. Rambla App aims to represent a groundbreaking solution that bridges the gap between online and offline shopping experiences.

Rambla offline store occupies an area of 10,000 square meters (m2) at Mall Kelapa Gading (MKG) 1, Jakarta, and provides several unique value propositions for customers to distinguish Rambla Super Department Store from its competitors. One of its innovations is the convenience of shopping by using Rambla Apps. Customers are able to enjoy online and offline shopping experiences, being able the flexibility of either “pick and drop” or “scan and shop”. For pick and drop, customers can shop and leave their goods at a specially provided shopping lane for the cashier to scan and complete the transaction. Customers don’t need to wait at the cashier and have the option to pick up the shopping list later or have the goods delivered to their residences by Rambla. Scan and Shop allows customers just scan the item and pay directly in the apps without the need to go to the cashier and just pick up their groceries. Queuing in front of the cashier is no longer needed, really a time saver.

In today’s digital age, the retail industry is undergoing a transformative shift, with e-commerce platforms gaining immense popularity. However, despite the convenience they offer, online shopping experiences often lack the personalized touch and sensory engagement of traditional brick-and-mortar stores. Understanding the need for a harmonious blend of online and offline retail, Rambla Apps emerges as a game-changer, revolutionizing the way consumers interact and shop by providing a seamless shopping experience that bridges the gap between virtual and physical realms.

“Thanks to Pak Jusuf and Indivara team, Rambla Apps has completely transformed our retail operations by seamlessly merging the online and offline shopping experiences. With its virtual storefronts, real-time inventory sync, scan, and shop are also integrated with various payment methods. The platform empowers us to provide a truly personalized and convenient retail journey, allowing customers to effortlessly transition between online browsing and in-store visits. In the future, data-driven insights provided by Rambla Apps will also revolutionize our decision-making processes, enabling us to optimize inventory management and tailor our marketing strategies. Rambla Apps has truly set a new standard for retail, and we are thrilled to be a part of this innovative revolution”, said Herman Nagaria, President Director of PT Star Maju Sentosa the holding company of Rambla Super Department Store at the launching event of Full Features of Rambla.

Rambla Apps is a cutting-edge e-commerce solution that aims to create a unique synergy between online and offline shopping experiences. Developed by a team of tech enthusiasts and retail experts, this platform combines the convenience of online browsing and purchasing with the tactile and interactive nature of traditional in-store shopping. By seamlessly integrating these two realms, Rambla Apps offers consumers an unparalleled retail experience that maximizes convenience, personalization, and satisfaction.

“At Indivara Group, we envisioned our fully white-labeled O2O e-commerce platform as a transformative solution to bridge the gap between online and offline shopping experiences. Our goal was to create a platform that seamlessly integrates the convenience of e-commerce with the sensory engagement of traditional retail. We are proud to partner with PT Star Maju Sentosa by developing Rambla apps and are excited about its continued impact in revolutionizing the retail industry”, said Jusuf Sjariffudin President and CEO of Indivara Group.

Rambla Apps represents a groundbreaking solution that bridges the gap between online and offline shopping experiences, revolutionizing the retail industry. By combining the convenience of e-commerce with the sensory engagement of physical stores, this innovative platform offers consumers a seamless and personalized retail journey. With the ability to reach a wider audience, provide a consistent omnichannel experience, and leverage data-driven insights, Rambla can enhance customer engagement, increase sales, and foster long-term loyalty.

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Business, TechnologyBy Editor Team

Third Largest Bank in The Philippines Improve Its Digital Services Powered by Indivara

Jakarta, May 2023 –  Indivara Group, one of the largest IT group of company in Indonesia and South East Asia region which focuses on consulting, software development, and platform businesses announces that the Philippines’ Third Largest Bank has deployed fully white-labeled Indivara’s Integrated Wallet and Loyalty Platforms to acquiring and maintain customers. The new mobile apps enable The Bank to remain competitive in the fast-expanding digital banking industry by combining an e-wallet and reward program in a single app.

The Bank which currently has 1,173 branches in the Philippines and two subsidiaries in Hong Kong and Europe undertaken an initiative to develop mobile apps that could reduce acquisition and maintain customers cost. This app allows The Bank to attract new customers, retain existing ones, and create an integrated and holistic banking experience that is in line with modern consumer tastes.

The mobile apps available in AppStore and Playstore are used as a channel for acquiring new customers instead of registering the customer to open an account, which is a bit pricey, The Bank utilizes the apps as the first layer to perform KYC. Maintaining the customer in the wallet has a lower cost than core banking. Besides, there is potential for cross-selling by registering the active customer in other products like their digital banking for SMEs.

This app plays a critical role in improving The Bank’s offerings and services. The Bank was able to meet the increased demand for digital payment solutions by incorporating an e-wallet into its existing offering. Furthermore, adding a loyalty program within the same app increased customer engagement and encouraged loyalty to The Bank itself. Customers could earn awards, points, or discounts for their transactions, promoting repeat business and strengthening the bank’s relationship with its customers.

These mobile apps enable customers to make payments, transfer funds, and manage their finances through a smartphone, resulting in a streamlined and user-friendly banking experience.

Jusuf  Sjariffudin, President and CEO of Indivara Group, said, “This third largest Bank in the Philippines is an innovator among the banks in the ASEAN region and has been partnered with us for a long time, and this milestone achievement speaks to the company’s ambition and commitment to excellence. I am delighted that again Indivara Group’s commitment to this industry is acknowledged with The Bank’s choice; it is now well positioned to continue its industry leadership in delivering world-class moments of service for its customers.”

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Business, CorporateBy Editor Team

PT Informasi Teknologi Indonesia – Jatis Mobile Goes Public

Jakarta, May 2023

PT Informasi Teknologi Indonesia – Jatis Mobile (Jamob) one of Indivara Group’s subsidiaries focused on providing messaging solutions by offering a complete range of services (WhatsApp, SMS, and email), chat commerce, and Chatbot with a focus on the enterprise market (B2B) and currently developing the Small Medium Business market officially listed its initial public offering (IPO) on the Indonesia Stock Exchange with the issuer code “JATI”.

In this Initial Public Offering, the company will offer 652,500,000 new shares or 20.00% of the issued and fully paid capital of the company. The company sets the IPO or offering price of IDR 100 per share from the initial offering price which ranges from IDR 100 – IDR 120 per share.

Jatis Mobile has been able to build a strong foundation for long-term growth by pursuing various innovations and developing the latest digital products and services. The funds obtained from the IPO will be used by the company around 55.52%, with details of 27.58% will be used for the development of Artificial Intelligence (AI) applications, 27.58% will be used for the development of panel application modules, and the rest will be used for the company’s working capital requirements.

Erik Rivai Ridzal, CEO of PT Informasi Teknologi Indonesia explained, “The company’s move to go public is part of a strategy to support the company’s long-term strategy, such as developing business by focusing on three business segments which are, Enterprise Business, AI (Artificial Intelligence), and Small Medium Business. The success of the company officially listing on the Stock Exchange is also due to the continuous support from all stakeholders, including OJK, IDX, Underwriters, Supporting Professionals, and of course, all Jatisian who continue to support and believe in the company.”

In this IPO process, the company expresses its deepest gratitude for the trust of capital market players. On the first day based on a fixed allotment, JATI shares experienced a total oversubscription of 12.08 times. This indicates that the public’s interest, both institutional and retail investors with local and international status, to invest in the capital market is currently increasing especially in the technology sector.

Jusuf Sjariffudin President and CEO of Indivara Group and Chairman of Jatis Mobile said, “For the past 20 years, Jatis Mobile has grown from our humble beginning to be the leading  Transactional and Collaborative Messaging platform in Indonesia. With this IPO, we are embarking on our new journey to help UMKM with their digital journey.”

All this great enthusiasm is due to the Company’s good track record and strong fundamentals as a technology company that has been established for 20 years, with a total portfolio of more than 500 Enterprise clients and more than 12,000 SMB merchants, besides that the Company also has world-class service quality. which has served various industrial sectors such as financial services, government, health services, retail, FMCG, logistics, e-commerce, and various other sectors. With long experience in messaging solutions, custom development, and digital distribution channels.

“More importantly, we are able to grow healthily by maintaining the right fundamentals, we have been profitable since our inception and have maintained profitability since our inception 20 years ago when we spun off the company from our holding and maintain a strong technology engineering capability by having all of our products developed internally.  We are proudly Indonesian-made”, adds Jusuf.

In 2018, Jatis Mobile partnered with WhatsApp from Meta and became one of the pioneers of Business Solution Provider (BSP) for the WhatsApp Business Platform in Indonesia. All of these things are in line with the Company’s vision to become the dominant and sustainable market leader for messaging solutions, application development, and digital distribution in Southeast Asia.

This article was published on www.indivaragroup.com with the same title

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BusinessBy Editor Team

Singapore’s Third Largest Bank Upgrades Avantrade Wealth Management System

Jakarta, March 2023 – Indivara Group, one of the largest IT groups of companies in Indonesia and South East Asia region which focuses on consulting, software development, and platform businesses announced that one of the world’s top banks, headquartered in Singapore with a global network of 500 branches and offices across 19 countries in Asia Pacific, Europe, and North America., has decided to upgrade their Avantrade Wealth Management System to accommodate new financial products, processes, and new product concepts and enhance sustainability. The software solution will be deployed across their offices in Singapore, Thailand, Indonesia, and Malaysia.

Enhancing the solution will enable The Bank to add new financial product concepts and processes that are needed to compete in the new era of banking and also improve its ability to meet customer expectations of product variants, flexibilities, and shorter transaction time.

The banking industry is highly competitive. This Bank needs enhanced visibility over all of its processes, together with the ability to optimize it to keep ahead of the pack and retain its leadership position in the industry. By enhancing their wealth management system, they will have improved product catalogs, faster customer onboarding process as well as faster transaction time.

When the enhancement is complete, a total of 415 offices across South East Asia will utilize the new enhanced Avantrade Wealth Management System. Avantrade flexibility allows the bank to run a single wealth management system across all sites, enabling it to lower its IT costs.

Jusuf  Sjariffudin, President and CEO of Indivara Group, said: “This third largest bank in Singapore has been using our Avantrade Wealth Management System since 2003. The business challenges the bank is facing today are familiar to all multinational, multi-site businesses operating in highly competitive environments. Meeting customer expectations such as wide product variants, flexibilities, and shorter customer onboarding times is a major challenge with the older version of Avantrade. We are confident that using this newly enhanced wealth management system will enable the Bank to drive efficiencies while at the same time becoming even better at meeting expectations and delivering their Moment of Service to customers.”

By upgrading to the new Avantrade wealth management system Singapore’s third-largest bank will enjoy complete and advanced features including Goal Setup, Financial Situation, Risk Profiling, Goal Tracking, Product Recommendation, Approval, and Reporting as well as a new and intuitive User Interface.

The upgrade implementation project will be overseen by Indivara Group’s subsidiary Firium Solutions which is based in Singapore, and has also, for many years, been a close services partner of the Bank. Firium will have support from PT. Indivara Teknologi Quantum is also one of Indivara Group subsidiaries that specializes in custom software development.

This article was published on www.indivaragroup.com with the same title

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BusinessBy Editor Team

Seedbox Raises US$ 6 Million from 2 Investors

Seedbox Technologies, Inc. (Seedbox), a leading wealth management platform providing access to investment products for all Filipinos, has announced a US$6 million (around 306 million Pesos) investment by new investors  SBI VENTURES SINGAPORE PTE.LTD. (SBI VENTURES) and PHILIPPINE EQUITY PARTNERS, Inc. (PEP).

Seedbox is the Philippines’ first digital investment platform empowering all Filipinos to become investors at the click of a button. Seedbox was established in 2016 as a joint venture between the ATRAM group, an independent asset and wealth management company in the Philippines, and the Indivara Group, an IT & software company based in Indonesia. Rex Mendoza, founder and CEO of Rampver Financials, the biggest independent mutual fund distributor in the Philippines, is also an investor and director of the firm.

The fundraising follow a strong period of growth for the company, which saw active users reach over 1 million and exceed the number of online stock trading accounts in the country. Through its collaboration with GCash and ATRAM, Seedbox pioneered digital sachet investing, where new investors can invest in funds for as low as 50 Pesos. Seedbox also was responsible for digitizing the  Personal Equity Retirement Account (PERA), the country’s voluntary pension system, which connects investors with administrators and product providers. PERA has seen the number of personal retirement accounts double after a year since the introduction of the Seedbox PERA digital platform.

In a joint statement by the new investors, Yujin Otsuka, Chief Representative of SBI Holding Inc. Representative Office (Philippines), and Lorenzo Roxas, Managing Director of PEP, said: “Seedbox has built an impressive ecosystem of product providers and online distribution channels over the years. We are excited to participate in the growth of the market for investment products in the Philippines. Aside from capital, we will be able to provide key insights and technical resources that will help accelerate the growth of Seedbox.” The new funding will support Seedbox’s rapid growth and allow the company to scale its operations with investments in upgrading its technology platform, enhancing its product suite, and expanding its team.

Mike Ferrer, CEO of ATRAM Group, Jusuf Sjarrifudin, CEO of Indivara Group, and Rex Mendoza, Founder and CEO of Rampver, stated: “The shareholders and management team of Seedbox welcome the entry of SBI and PEP, leading firms in their respective fields, as our new partners. With their expertise and experience across the region, SBI and PEP will be able to contribute greatly to Seedbox’s ability to meet Filipino investors’ growing needs for new investment products and access points.”

As published on: http://techandlifestylejournal.com/

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Business, CorporateBy Editor Team

Ayala Corp. and Indivara Group Partner for Enhanced Filipino Digital Experience

Manila, 2019 – Ayala Corp. One of the Oldest and Largest Conglomerates in the Philippines Tie-Up with Indivara Group to Give the Filipinos Broaden Digital Experience

The two companies are forming a joint venture (JV) to provide an integrated payment and reward ecosystem in a single platform for the Philippines’ enterprises.

Cartera Inc. (name of the JV) will enable every enterprise to have its own e-wallet. Either in embedded or standalone mode, their wallet will be integrated with loyalty exchange which could be used across merchants in Ayala’s network. The wallet also enables a user to link their various bank accounts to allow them to do a transaction using their bank account balance.

“Cartera platform will help clients to increase their brand awareness through their own wallet and loyalty points, enhance the customer experience through a bigger network, and help them to monetize their customer base,” said Jusuf Sjariffudin President and CEO of Indivara Group.

At Ayala’s 2019 Annual Stockholders’ Meeting last April, Ayala Chairman, and CEO Jaime Augusto Zobel de Ayala said the company is undergoing a massive transformation to ramp up the digitalization of its companies, as this was key to propelling the company into the future.

Zobel emphasized that the corporation, with business interests in real estate, banking, telecommunications, water, power, infrastructure, industrial technologies, health care, and education, has started “to participate in digital businesses that we believe are disruptive. These investments are designed to complement our group’s traditional brick-and-mortar operations, future-proof our existing portfolio, and broaden the digital experience of Filipinos.” And this initiative is one proof that digitalization is one of their focus now.

Furthermore, Cartera’s clients will enjoy the benefit of digitalization without putting too much effort and resources into developing it. Features like cashless, multiple payment rules, loyalty exchange for enhancing customer experiences, big data monetization, and others are available and ready to use on the platform.

This article was published on www.indivaragroup.com with the same title

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Business, TechnologyBy Editor Team

Seedbox adds investment feature in GCash App to serve the Philippine market

Seedbox Technologies, Inc. (member of Indivara Group) has teamed up with Globe Fintech Innovations Inc., which operates GCash, the Philippines’ largest mobile wallet, to develop GCash Invest Money, a new feature on the GCash App which allows GCash users to invest in investment funds.

GCash is the latest partner of Seedbox, and with this cooperation, Seedbox expects to double its customers by the end of 2018. Currently, GCash has around 9 million users in the Philippines. In the first phase, the Invest Money feature will be available only to 500 users.

Currently, we have about 5,000 users in Seedbox, and by partnering with GCash we expect to have at least 10,000 users more only from GCash communities by the end of 2018,” said Manny Nepomuceno, General Manager of Seedbox Technologies, Inc.

With this partnership, GCash could start offering other funds powered by Seedbox, which is in line with GCash’s mission to provide Filipinos access to financial services.

About Mynt
Mynt is a partnership between Globe Telecom, the Ayala Corporation, and Ant Financial, that provides innovative and first-in-world fintech solutions to consumers, merchants, and organizations. Its vision is to enable financial access for consumers and merchants by disrupting traditional channels through digital financial technology services. It operates two fintech companies: GCash, a micropayment service that transforms the mobile phone into a virtual wallet for secure, fast, and convenient money transfer, and Fuse, a tech-based lending company that enables Filipinos to get microloans to business loans without the traditional requirements set by banks and other lending institutions.

About GCash
GCash is an internationally acclaimed micropayment service that transforms the mobile phone into a virtual wallet for secure, fast, and convenient money transfers. GCash can be used to buy prepaid loads, pay bills, send money, make donations, shop online, and even purchase goods without the need to bring any cash.

This article was published on www.indivaragroup.com with the same title

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