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Winston Utomo

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Winston Utomo
Born (1990-11-23) November 23, 1990 (age 33)
Surabaya, East Java, Indonesia
🏫 EducationUniversity of Southern California
💼 Occupation
Known forIDN Media
TitleFounder and CEO of IDN Media
🏅 AwardsForbes 30 Under 30 Asia 2017

Winston Utomo (born 23 November 1990 in Surabaya, Indonesia) is an Indonesian businessman and the founder and chief executive officer of IDN Media.[1]

Early life and education[edit]

Winston Utomo was born and raised in Surabaya. He is the elder brother of William Utomo.[2] Winston studied undergraduate at the University of Southern CaliforniaMarshall School of Business and Master's at Columbia University in New York with magna cum laude honors.[3]

Career[edit]

After completing his master's degree, Winston continued his career by working at Google in Singapore. While working there, Winston got the inspiration to establish a media company targeting the millennial and gen z generations in Indonesia. IDN Media was founded on June 8, 2014.[4] Together with William Utomo, Winston grew IDN Media to become one of the largest technology media companies in Indonesia.[5][6]

Since its founding, IDN Media has received five series of funding, the latest being Series D funding. IDN Media, which at that time was still known as IDN Times, received its first seed investment funding on September 7, 2015, from East Ventures.[7] The following year, on September 5, 2016, IDN Media obtained Series A funding from North Base Media and several other investors, such as GDP Venture (Djarum), East Ventures, and a film company in the United States, MNM Creative.[8]

On November 21, 2017, IDN Media received Series B funding from East Ventures and Central Exchange Hong Kong.[9][10] Afterwards, on January 8, 2019, IDN Media obtained Series C funding from EV Growth, a venture company which is a combination of East Ventures, Sinar Mas, and Yahoo! Japan, Charoen Pokphand, and LINE Venture.[11][12]

On June 6, 2022, IDN Media received Series D funding from Mayapada and KMIF (an investment company from several large Indonesian conglomerate groups). Other investors are East Ventures, OCBC NISP Ventura, Dentsu Group, and V Media Ventures.[13] This makes IDN Media one of the largest media companies in Southeast Asia.

Awards and recognition[edit]

Winston is the leader of Global Shapers Jakarta by World Economic Forum.[citation needed] He was also awarded in the 2022 Gen.T List by Tatler Asia.[14]

References[edit]

  1. "Keisengan Winston Utomo Lahirkan Media Daring Terhits untuk Generasi Y dan Z". kumparan (in Bahasa Indonesia). Retrieved 2022-06-30.
  2. "Winston Utomo – Pendiri IDN Times Media - Biografi dan Kisah Sukses Tokoh Dunia". 2022-02-21. Retrieved 2022-06-30.
  3. "Winston Utomo – Pendiri IDN Times Media - Biografi dan Kisah Sukses Tokoh Dunia". 2022-02-21. Retrieved 2022-06-30.
  4. Diandri, Reyhan. "Winston Utomo Cerita Awal Bisnis Media hingga Sukses Sebagai Milenial". detikcom (in Bahasa Indonesia). Retrieved 2022-09-13.
  5. "Mimpi Utomo Bersaudara agar Indonesia Dihormati Dunia Melalui IDN - Startup Katadata.co.id". katadata.co.id (in Bahasa Indonesia). 2022-05-06. Retrieved 2023-10-06.
  6. "Delve Into Utomo Brothers's Vision Empowering Indonesian Creators". medcom.id (in Bahasa Indonesia). 2023-04-06. Retrieved 2023-10-06.
  7. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-10-06.
  8. Menur, Anisa. "IDN Media raises Series A to become the forefront news portal for Millennials and Generation Z". e27. Retrieved 2023-10-06.
  9. Menur, Anisa. "IDN Media raises Series B funding round from East Ventures, Central Exchange". e27. Retrieved 2023-10-06.
  10. "Indonesia's IDN Media secure Series B funding". Digital News Asia. 2017-11-24. Retrieved 2023-10-06.
  11. Akhaya, Prisca. "Indonesia's online media company IDN Media secures Series C funding round from EV Growth". e27. Retrieved 2023-10-06.
  12. "IDN Media secures series C investment, eyes millennial and Gen-Z audience". The Jakarta Post. Retrieved 2023-10-06.
  13. "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2023-10-06.
  14. Asia. "Winston Utomo". Tatler Asia. Retrieved 2024-01-18.

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