Jakarta startup digitises street vendors with WiFi, smart tech
An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections in a city-wide project called Warung Pintar, or “smart kiosk store,” according to TechCrunch.
Warung Pintar is backed by venture capital firm East Ventures, known for funding Indonesian startups such as the country’s biggest online market player Tokopedia, booking platform Traveloka and online marketplace Mercari.
In a first round, the smart kiosk project received $4 million in seed money. Other investors include SMDV, Digital Garage, Insignia Ventures Partner, Triputra Group and a number of undisclosed business angels.
Warung Pintar gives street vendor stores a bright and colorful design and equips them with a range of tech devices including a digital point-of-sales, free Wi-Fi, an LCD screen, power bank chargers and more.
All the technology and gadgets are provided free of charge to make the change easier for kiosk owners. However, there is a fee of $5,000 for the vendor to cover the cost of a new prefab kiosk, which is distinctively coloured light orange with a black bottom.
The main theme of the smart kiosks is to engage with and connect the local community, while the business idea is not to make money from charging for the digital equipment, but to create an environment inducive for e-commerce through third parties, such as financial service providers, delivery services or for the use as collecting stations for online shopping once the business has established a wider network.
Currently, Warung Pintar has transformed 12 kiosks in Jakarta whose owners report of a significant rise in revenue from the newly equipped vending space.
An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections in a city-wide project called Warung Pintar, or “smart kiosk store,” according to TechCrunch. Warung Pintar is backed by venture capital firm East Ventures, known for funding Indonesian startups such as the country’s biggest online market player Tokopedia, booking platform Traveloka and online marketplace Mercari. In a first round, the smart kiosk project received $4 million in seed money. Other investors include SMDV, Digital Garage, Insignia Ventures Partner, Triputra Group and a number of undisclosed business...
An initiative by private investors in Indonesia aims at beefing up the kiosks of street vendors in Jakarta with smart technology and WiFi connections in a city-wide project called Warung Pintar, or “smart kiosk store,” according to TechCrunch.
Warung Pintar is backed by venture capital firm East Ventures, known for funding Indonesian startups such as the country’s biggest online market player Tokopedia, booking platform Traveloka and online marketplace Mercari.
In a first round, the smart kiosk project received $4 million in seed money. Other investors include SMDV, Digital Garage, Insignia Ventures Partner, Triputra Group and a number of undisclosed business angels.
Warung Pintar gives street vendor stores a bright and colorful design and equips them with a range of tech devices including a digital point-of-sales, free Wi-Fi, an LCD screen, power bank chargers and more.
All the technology and gadgets are provided free of charge to make the change easier for kiosk owners. However, there is a fee of $5,000 for the vendor to cover the cost of a new prefab kiosk, which is distinctively coloured light orange with a black bottom.
The main theme of the smart kiosks is to engage with and connect the local community, while the business idea is not to make money from charging for the digital equipment, but to create an environment inducive for e-commerce through third parties, such as financial service providers, delivery services or for the use as collecting stations for online shopping once the business has established a wider network.
Currently, Warung Pintar has transformed 12 kiosks in Jakarta whose owners report of a significant rise in revenue from the newly equipped vending space.
