Indonesian Conglomerate Living Lab Ventures (Sinar Mas Land) and TECHSHAKE PTE. LTD. Announce Strategic Partnership to Support Startup Entry into ASEAN Market
TECHSHAKE PTE. LTD. (Singapore) and Living Lab Ventures (LLV), the venture arm of Indonesia's Sinar Mas Land, have signed a strategic partnership agreement. This collaboration aims to support startups' entry and growth in the ASEAN market, particularly accelerating the entry of Japanese companies and Tokyo-based entrepreneurs into the Indonesian market.
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- 📰 Published: May 11, 2026 at 15:00
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TECHSHAKE PTE. LTD. (Headquarters: Singapore, branches in Japan and the Philippines / Representative: CEO & Co-founder Kotaro Adachi, hereinafter "TechShake") is pleased to announce that it has signed a strategic partnership agreement with Living Lab Ventures (Headquarters: BSD City, Sinar Mas Land Plaza, Republic of Indonesia / hereinafter "LLV"), the venture arm of Sinar Mas Land. LLV prioritizes solutions for Southeast Asia's rapidly growing consumer base and provides support tailored to the growth stages of startups. This partnership will promote practical collaboration that accelerates opportunities to create high social impact across Southeast Asia.
▪️Details of the Collaboration
Through this strategic partnership, TechShake and Living Lab Ventures (LLV) will implement the following initiatives to support cross-border growth.
This MOU (Memorandum of Understanding) establishes a framework for joint consideration, including the following:
Connecting promising startups with LLV's corporate ecosystem and investment expertise. Leveraging TechShake's extensive regional experience, we will strongly support the business development of companies aiming for market expansion into various Asian countries.
Designing and providing unique programs that combine LLV's infrastructure strengths with TechShake's ability to build connections among entrepreneurs, corporations, and investors.
TechShake will provide further fundraising support and strategic growth opportunities for LLV's portfolio companies by promoting collaboration with Japanese operating companies and conglomerates.
By signing this MOU, LLV and TechShake will strengthen their partnership and accelerate growth into the ASEAN market by attracting more Japanese companies and Tokyo-based entrepreneurs to the Indonesian market. Furthermore, this partnership will deepen cooperation between Indonesia and the Philippines, mutually supporting Indonesian market entry for entrepreneurs supported by TechShake and Philippine market entry for startups supported by Sinar Mas Land.
▪️Introduction to TECHSHAKE
TechShake (TechShake) is a leading accelerator and startup ecosystem builder operating across Japan, Singapore, and the Philippines. In partnership with Dentsu Inc., the company co-hosts "IGNITE," one of Southeast Asia's largest Japanese tech innovation conferences.
Beyond IGNITE, TechShake offers a wide range of programs and services that support startups from the concept stage to cross-border scaling. Its portfolio includes market entry consulting for companies aiming to enter ASEAN, investment advisory and fundraising support for startups, open innovation programs for corporations seeking startup-led transformation, and acceleration programs for government agencies.
In addition, the company's talent solutions enable founders to quickly build teams across countries, and "LumineLabs," an innovation hub located in Metro Manila, serves as a physical base for ecosystem activities and community programming.
TechShake (TechShake) has established a strong presence in the Philippine startup ecosystem, and in March 2026, it expanded its business base by establishing a Japanese corporation in Tokyo. This will further accelerate the entry of Japanese companies into the ASEAN market and strengthen its role as a bridge connecting both markets.
▪️Introduction to Sinar Mas Land and Living Lab Ventures
Sinar Mas Land, a leading real estate developer in Southeast Asia, is one of Indonesia's largest and most diversified real estate development companies, highly trusted by customers, communities, and stakeholders.
With over 50 years of extensive experience in real estate development, it manages and operates a vast land area exceeding 10,000 hectares, including urban developments, residential, commercial, retail, industrial estates, and hospitality facilities. As part of the Sinar Mas Group and listed on the Jakarta Stock Exchange, the company plays a key role in smart city development and digital transformation (DX). Its iconic projects...
▪️Details of the Collaboration
Through this strategic partnership, TechShake and Living Lab Ventures (LLV) will implement the following initiatives to support cross-border growth.
This MOU (Memorandum of Understanding) establishes a framework for joint consideration, including the following:
Connecting promising startups with LLV's corporate ecosystem and investment expertise. Leveraging TechShake's extensive regional experience, we will strongly support the business development of companies aiming for market expansion into various Asian countries.
Designing and providing unique programs that combine LLV's infrastructure strengths with TechShake's ability to build connections among entrepreneurs, corporations, and investors.
TechShake will provide further fundraising support and strategic growth opportunities for LLV's portfolio companies by promoting collaboration with Japanese operating companies and conglomerates.
By signing this MOU, LLV and TechShake will strengthen their partnership and accelerate growth into the ASEAN market by attracting more Japanese companies and Tokyo-based entrepreneurs to the Indonesian market. Furthermore, this partnership will deepen cooperation between Indonesia and the Philippines, mutually supporting Indonesian market entry for entrepreneurs supported by TechShake and Philippine market entry for startups supported by Sinar Mas Land.
▪️Introduction to TECHSHAKE
TechShake (TechShake) is a leading accelerator and startup ecosystem builder operating across Japan, Singapore, and the Philippines. In partnership with Dentsu Inc., the company co-hosts "IGNITE," one of Southeast Asia's largest Japanese tech innovation conferences.
Beyond IGNITE, TechShake offers a wide range of programs and services that support startups from the concept stage to cross-border scaling. Its portfolio includes market entry consulting for companies aiming to enter ASEAN, investment advisory and fundraising support for startups, open innovation programs for corporations seeking startup-led transformation, and acceleration programs for government agencies.
In addition, the company's talent solutions enable founders to quickly build teams across countries, and "LumineLabs," an innovation hub located in Metro Manila, serves as a physical base for ecosystem activities and community programming.
TechShake (TechShake) has established a strong presence in the Philippine startup ecosystem, and in March 2026, it expanded its business base by establishing a Japanese corporation in Tokyo. This will further accelerate the entry of Japanese companies into the ASEAN market and strengthen its role as a bridge connecting both markets.
▪️Introduction to Sinar Mas Land and Living Lab Ventures
Sinar Mas Land, a leading real estate developer in Southeast Asia, is one of Indonesia's largest and most diversified real estate development companies, highly trusted by customers, communities, and stakeholders.
With over 50 years of extensive experience in real estate development, it manages and operates a vast land area exceeding 10,000 hectares, including urban developments, residential, commercial, retail, industrial estates, and hospitality facilities. As part of the Sinar Mas Group and listed on the Jakarta Stock Exchange, the company plays a key role in smart city development and digital transformation (DX). Its iconic projects...