UMG Idealab invests in Indonesian team monitoring app Jarvis

Photo by John Schnobrich by Unsplash

UMG Idealab, the early-stage venture capital arm of Myanmar conglomerate UMG group, has invested in the team-monitoring app Jari Visibility (Jarvis), developed by Jakarta-based Jari Solusi Internasional.

The quantum of the investment in Jarvis’s seed funding round was not disclosed.

Jari, which primarily develops apps for the financial industry — banks, multi-finance companies, and fintech firms — has thousands of users. It has also developed the Jarvis app to support employees’ operations when they work outside the office like during the ongoing COVID-19 pandemic.

The funding from UMG Idealab will be used to boost sales of the Jarvis app and strengthen the infrastructure to support new product launches, said Stephanus Lutfi, Jari’s CEO. “Through Jarvis, we want to reach more companies outside the financial industry, by increasing our ground staff productivity with the technology we have developed,” Lutfi said in the press statement.

Jarvis has features such as employee attendance management with check-in and check-out selfie, and GPS-based location recording, to help employees record their attendance directly via smartphone and upload reports on the available web dashboard.

Jarvis also has a Smartform feature, which differentiates it from other apps. The feature allows users to use the digital form in the app. The app’s Task Management features enables employers to co-ordinate with staff and monitor their work progress. Another feature is Last Location, which helps identify the last location of employees who are in the field.

“The funding is to support the development and the app capabilities to obtain many users in Indonesia and the region in the future,” UMG Idealab’s CEO Kiwi Aliwarga said.

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.

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.