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Lokesh Choudhary · · 2 min read

DailySocial.id pivots to AI-powered research, consultancy with DiscoveryShift

DS/X Ventures founding partner Rama Mamuaya

DiscoveryShift CEO Rama Mamuaya / Photo credit: Rama Mamuaya

After Indonesia-based DailySocial.id laid off all of its staff as part of a major restructuring, the company has since transferred its operations to a new entity, DiscoveryShift, led by Rama Mamuaya – the startup-focused news platform’s founder and CEO.

DiscoveryShift said in a statement that its offerings range from strategy development to operational implementation. It also offers corporate venture capital services, helping companies establish their own venture-building units and identify opportunities for investment.

The firm aims to do so by using AI. This will involve optimizing the business processes of its clients with AI, and building AI talent within their organizations.

The company said that it is supporting “top-tier clients” and has experts in enterprise AI, machine learning, automation, and digital transformation on its team.

According to DiscoveryShift’s website, it has 112 clients consisting of local and multinational corporations, startups, and SMEs. While based in Indonesia, the company also has an office in Singapore.

“Through DiscoveryShift, we are enhancing our ability to empower businesses to realize their full potential through AI and digital innovation,” said Mamuaya.

Before its major layoffs earlier this month, DailySocial.id had job cuts in August 2023, affecting 18 employees. This was months after the company launched DS/X Ventures, an investment division dedicated to early-stage enterprises.

See also: Indonesian media outlet DailySocial.id lays off 18 employees

Editing by Miguel Cordon and Dhania Putri Sarahtika

(And yes, we’re serious about ethics and transparency. More information here.)

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TIA Writer

Lokesh Choudhary

Navigating the world of tech, one story at a time. Contact me at: lokesh.choudhary@techinasia.com