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Partner Content | Why tier 2 and 3 cities hold the key to digital growth in Indonesia
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I have just started renovating this drill. It isn t the common high speed bench drill that one normally finds, if you google the above title. I believe that this one is an earlier model, probably pre war or wartime manufacture. The main spindle is supported on a vertical sliding surface and fastened there while the quill can be used in the normal manner via an adjustable lever. The setup is very similar to the much more common Pollard drills
Now the problem is this. It has a notice listing its speeds. It has 6 speeds ranging from 2350 rpm to 12,000 rpm. Lifting the belt cover reveals a block of 3 flat pulleys on the motor with equivalent pulleys on the main spindle, there is a very thin, wide belt transmitting the power. It still has its original massive motor which is a 1/3 hp, 2880 rpm three phase. The motor is specific to this drill and a massive mounting arm is integral with one of the motors end covers.
B2B
tech firm GudangAda is banking on an asset light model, the experience of its founder-CEO Stevensang and the powers of collaboration to digitalise traditional retail
Having raised over $35 million last year across a seed and Series A round of funding from investors like Alpha JWC Ventures, Sequoia India, Wavemaker Partners and Pavilion Capital, Indonesia-based B2B tech firm GudangAda has an ambitious goal for 2021 – a Series B round, set to close by the second quarter.
Established in 2019, GudangAda describes itself as “a B2B ecommerce platform connecting FMCG stakeholders to empower the value chain from transaction to distribution”. It is among the wave of retail-tech startups across the region, who aim to digitalise traditional trade. The market opportunity is enormous – research from management consultancy Redseer pegs the Indonesian retail market at $377 billion of which 77% is unorganised.
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