Amatil X, Coca-Cola Amatil's venture capital platform, has set up operations in Indonesia to capitalise on the region's reputation as a startup hub. 

Jakarta is seen as the start-up capital of south east Asia, the company says. Data from CB Insights shows an influx of startup funding from 2013 to 2018, now worth US$7.88 billion. Group managing director Alison Watkins says the figure reflects compound annual growth of 147 per cent over five years.

“There is rapid growth in start-up and venture capital funding in Jakarta, and we aim to be part of that trend. We are seeing growth in the food and beverage sector where consumer trends and technology are merging,” Watkins says.

Amatil X will scout for startups that address Coca-Cola Amatil’s business priorities in: on-demand delivery; distribution optimisation; in-store analytics; and sustainable packaging. 

Its first project is a partnership between Coca-Cola Amatil Indonesia and Digitaraya, a local accelerator program powered by Google Developers Launchpad, to support their FMCG cohort.

Amatil X launched in Australia and New Zealand in April 2018. It has invested in two start-ups so far: the cloud-based software program, Doshii and POS integrated online restaurant system, TabSquare.

Packaging News

Unpacking the opportunity that is packaging print: the Print21 + PKN LIVE annual conference for the packaging print community will take place on 12 August in Sydney. With strong industry support and a stellar line-up of speakers and panellists, the event is shaping up to be a calendar highlight this year.

Western Australia's Hunt and Brew can now serve its cold brew coffee products Australia-wide after turning to Jet Technologies for a bespoke filling solution to extend product shelf life in stores and in transit.

The emergence of direct-to-package and direct-to-container printing is shaping up as a major threat to traditional label printing; however, for now label printing is still on the rise, to the tune of 4.4 per cent a year.