Indonesia’s GudangAda names ex-Grab engineering head Huan Yang as CTO

By Cindy Silviana

January 11, 2021

Indonesia’s FMCG marketplace GudangAda has appointed former Grab engineering head Huan Yang as its chief technology officer.

“Yang’s appointment at GudangAda will be key to the company’s expansion plans as we seek to aggressively expand to more cities in Indonesia, further develop warehousing and logistics offerings, and move into new product categories beyond the FMCG industry,” GudangAda CEO Stevensang said, in a statement. 

At Grab, Yang managed the engineering teams in Singapore, Jakarta, and Beijing to develop solutions for food delivery operations. He has previously worked at tech giants such as Google, Facebook, and Uber. 

GudangAda amassed a total of $30 million in its seed and Series A rounds in 2020. Both rounds were led by Alpha JWC Ventures. GudangAda’s other investors include Sequoia Capital India, Wavemaker Partners, and Pavilion Capital.

DealStreetAsia reported in October 2020 about the startup looking to raise its Series B fundraising round before the second quarter of 2021.

Established in 2019, GudangAda develops the B2B supply chain players in the FMCG sectors by providing technology services from transaction to distribution. The company has established a presence in more than 500 locations in Indonesia with over 300,000 merchants. 

The company plans to capture the end-to-end supply chain from producers to retailers across Indonesia, targeting to grow its business by five-fold and achieve a million users by end-2021, it said in the statement.

 

 

Related Stories

Deals

Indonesia’s GudangAda in advanced talks to raise Series B round early next year

The company expects to raise over $75m from the fundraising.

Deals

Indonesia’s GudangAda snags $25.4m led by Sequoia, Alpha JWC

Existing backer Wavemaker Partners also participated in the funding round.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW