Abhinay Peddisetty
About Abhinay Peddisetty
Abhinay Peddisetty is the Co-Founder and CEO of BukuWarung, where he has worked since 2019 in Jakarta, Indonesia. He has a background in business strategy and development, with previous roles at MediaMint, Carousell, Belong.co, Near, PPCPundit, and Hitachi Consulting.
Work at BukuWarung
Abhinay Peddisetty serves as the Co-Founder and CEO of BukuWarung, a position he has held since 2019. Under his leadership, BukuWarung has focused on building digital infrastructure for micro, small, and medium enterprises (MSMEs) in Indonesia. The company aims to empower these businesses to enhance their financial awareness and utilize technology for effective management. Peddisetty has played a crucial role in the company's growth and strategic direction.
Previous Experience
Before his tenure at BukuWarung, Abhinay Peddisetty held various positions in different organizations. He worked at MediaMint as a Business Strategist for one year from 2012 to 2013 in India. He was the Head of Enterprise Business for APAC at Carousell from 2018 to 2019 in Singapore. Additionally, he was a Founding Team Member and Head of Business at Belong.co from 2015 to 2018 in India and Southeast Asia. His career also includes roles at Near as Business Manager and PPCPundit as Business Development Manager.
Education and Expertise
Abhinay Peddisetty holds a Bachelor's degree in Information Systems from the Birla Institute of Technology and Science, Pilani. He further enhanced his expertise by participating in Y Combinator, where he contributed to the development of BukuWarung, which was part of the Y Combinator S20 batch in 2020. This educational background has equipped him with the skills necessary for his roles in business strategy and management.
Achievements in Funding
Abhinay Peddisetty has been instrumental in securing approximately $80 million in funding for BukuWarung. This funding has come from notable global venture capital firms and strategic angel investors. His efforts in fundraising have significantly contributed to the company's ability to expand its services and support for MSMEs in Indonesia.
Impact on MSMEs in Indonesia
Through his leadership at BukuWarung, Abhinay Peddisetty has contributed to the digital transformation of 60 million MSMEs in Indonesia. His vision focuses on empowering these businesses to become financially aware and leverage technology for better management practices. This initiative aims to enhance the overall economic landscape for small businesses in the region.