Bags an Award at The G20, EdTech Cakap Represent Indonesia at the Digital Innovation Network

Bali (ANTARA) - Held on September 2-4, The Digital Innovation Network (DIN) event is a part of the side event prior to the G20 Summit this year. In the opening remarks at this event, Minister of Communication and Information Technology Johnny G. Plate cited that startups could become one of the solutions to solving global problems through innovations. "So far, startups have played an important role during the pandemic and the post-pandemic recovery, so this event must be used as a foothold to strengthen the digital economy in Indonesia, regionally and globally," said Johnny.

Minister Plate also mentioned the World Bank Group data in 2021 that Indonesia's digital economy has reached up to USD 70 billion and will continue to grow until it is estimated to reach USD 315 billion in 2030. "Currently, the number of startups that have reached the unicorn status from Indonesia is quite dominating in the ASEAN region; at least there are two decacorns and 14 unicorns up to this day," Johnny concluded.

Dozens of startups participated in the event that brought together tech companies along with investors, both online or attending the event offline at Nusa Dua, Bali. One of those who participated at the venue was EdTech Cakap, which also had the opportunity to have a startup pitching session. Cakap is the only EdTech startup representing Indonesia and other education technology players from other countries such as South Korea, Cambodia, India, Singapore, and others.

"We are honored to represent Indonesia in the G20 Digital Innovation Network's EdTech category and to introduce the Cakap's ecosystem to the world as a prime example of a hyperlocal solution that has shown to be extremely effective in addressing the real issue in Indonesia," said Tomy Yunus, CEO & Co-Founder of Cakap. This year's DIN focuses on post-pandemic connectivity and digital literacy issues. "Tech has a vital role in equitable distribution of education in Indonesia so that it can reach to 3T areas (disadvantaged, frontier, outermost), and it has been fairly supported by the infrastructure built by the government," Tomy added.

Tomy also explained that although the country has the largest number of workers in the ASEAN region, those who already hold a bachelor's degree are still very low (below 9%). "We also see the urgency of providing upskill learning to be able to support the government's target of producing more than 3.8 million skilled workers annually," he concluded.