🇮🇩 Real Startup Lessons from Founders in Jakarta
​🇮🇩 Join Derry Sakti & Iterative Founders in Jakarta
​We're teaming up with Derry Sakti—Co-founder of Ula and Visiting Partner at Iterative—for an evening of candid conversations and practical advice for founders building in Indonesia.
​Derry’s been in the trenches as a founder, operator, and strategist. Through his ongoing series CuponCup, he’s been meeting with early-stage founders across Indonesia to help them tackle their toughest challenges.
​Now, he’s hosting an in-person meet-up—open to all founders—for honest discussions about what it really takes to build a startup here. Joining him is Saivya Chauhan (founder of Blitz Electric) and Brian Lee (founder of Sokratech).
​Why You Should Come:
​No Filter, Just Lessons
​Hear from Derry and our Iterative founders about the ups, downs, and turning points in their startup journeys—and what they’d do differently today.
​Learn from Each Other
​This isn’t just a panel. It’s a space to talk openly about what’s hard and hear how other founders are navigating similar challenges.
​Bring Your Questions
​Got a burning question or roadblock? There’s a live Q&A where you can get real answers and advice.
​This is a casual, in-person gathering. Spots are limited—save yours now.
​Agenda
​6:00-6:30pm: Arrive and enjoy light refreshments
​6:30-7:00pm: Panel with Derry and Iterative founders
​7:00-7:45pm: Audience Q&A
​7:45-9:00pm: Open networking
​Speakers
​Derry Sakti
​Derry Sakti is the co-founder of Ula, a B2B marketplace backed by Sequoia and Lightspeed. Within 4 years, he helped the company achieve remarkable growth: a total $200M business with 200x increase in company top-line revenue, serving over 200K traditional retailers in Indonesia with over 70% technology adoption within 2 years.
​Prior to Ula, he spent a decade overseeing P&G’s operations and was their Sales Director — he led Indonesia’s division to be at its biggest business of >$200M, serving >300K stores across Java, Sulawesi, Bali, and Eastern Part of Indonesia.
​Saivya Chauhan is the founder of Blitz Electric, and they’re on a mission to decarbonise logistics. With thousands of EV couriers, Blitz Electric offers last-mile and instant delivery services in 30 Indonesian cities using trackable electric bikes. Saivya was recently named Forbes 30 under 30 in the Consumer & Enterprise Technology. Blitz operates nationwide in Indonesia and caters to 50 global and domestic clients including Blibli, Lazada, and Janji Jiwa.
​Brian Lee
​Brian Lee is the co-founder of Sokratech, a no-code platform that helps bank and fintech fight fraud with with real-time, AI-powered decisioning engine. He spent the last 6+ years working on fraud models, credit scoring, and ML infrastructure across companies across Indonesia (Taralite), Singapore (Shopee, OVO) and UK (GoCardless).
​About Iterative
​Iterative is a YC-style accelerator focused exclusively on Southeast Asia. Iterative invests up to US500K in a batch of startups twice a year. The investment includes 3-months of targeted growth and fundraising support, which culminates in a Demo Day to a network of 400+ investors.
​Iterative is now accepting applications for our Winter 2025 batch program. No fees, an upfront investment of up to USD $500K upon admission, and 3 months of targeted support from experts and visiting partners. Learn more here.
​Since Iterative started in March 2020, we have raised $65M across two funds, invested in 100+ companies, 200+ founders and the total value of Iterative companies is now worth $1.2 billion.
​Sign Up
​This is an in-person events and spots are limited, so don’t wait!
​👉 Sign Up Now