| Date | Title | Description |
| 25.04.2024 | GoTo to divest Tokopedia’s logistics unit in Q2 2024 | EcommerceNews
Jofie Yordan · 30 Apr 2024 · 2 min readGoTo to divest Tokopedia’s logistics unit in Q2 2024
Photo credit: GoTo Group
GoTo Group has announced that it will deconsolidate its logistics unit associated with Tokopedia in the secon... |
| 25.04.2024 | DailySocial.id pivots to AI-powered research, consultancy with DiscoveryShift | Artificial IntelligenceNews
Lokesh Choudhary · 30 Apr 2024 · 2 min readDailySocial.id pivots to AI-powered research, consultancy with DiscoveryShift
DiscoveryShift CEO Rama Mamuaya / Photo credit: Rama Mamuaya
After Indonesia-based DailySoc... |
| 24.04.2024 | Indonesian news outlet DailySocial.id lays off whole staff amid major restructuring | ManagementNews
Miguel Cordon · 29 Apr 2024 · 2 min readIndonesian news outlet DailySocial.id lays off whole staff amid major restructuring
Photo credit: FarisFitrianto / Shutterstock
Indonesia-based DailySocial.id, a startup-focused news pl... |
| 27.03.2024 | GoTo CEO delivers first quarterly profit, but will he stay on? | Premium Content
It takes our newsroom weeks - if not months - to investigate and produce stories for our premium content. You can’t find them anywhere else.
Jofie Yordan · 27 Mar 2024 · 8 min readGoTo CEO delivers first quarterly profit, bu... |
| 03.03.2024 | Wise pauses e-wallet features in Indonesia (Update) | FintechNews
Gabriel Budi Sutrisno · 4 Mar 2024 · 2 min readWise pauses e-wallet features in Indonesia (Update)
Photo credit: Wise
Fintech firm Wise has announced that it will be cutting support for its app’s e-wallet features in Indonesia, ... |
| 05.07.2023 | Indonesia-based Futuready officially shuts down | FintechNewsStartups
Shadine Taufik · 5 Jul 2023 · 2 min readIndonesia-based Futuready officially shuts down
Photo credit: ximagination / 123RF
Indonesian insurtech firm Futuready has officially shut down, according to a memo on the landing ... |
| 07.06.2023 | DailySocial.id founder on managing new fund amid startup malaise | InvestmentsMediaNews
Gabriel Budi Sutrisno · 13 Jun 2023 · 2 min readDailySocial.id founder on managing new fund amid startup malaise
DS/X Ventures founding partner Rama Mamuaya / Photo credit: Rama Mamuaya
For Rama Mamuaya, the CEO and fou... |
| 29.09.2022 | Top 10 Most Well-Funded Fintechs in Indonesia in 2022 | Indonesia, Southeast Asia’s largest economy, has emerged over the past couple of years as one of the region’s biggest fintech hubs.
Home to 785 fintech companies, as of late 2021, Indonesia is currently Southeast Asia’s second largest finte... |
| 25.08.2022 | Surviving the Valley of Death in Southeast Asia | After a 13-year bull run culminating in a record-breaking funding year in 2021, investors have turned more cautious with their investment strategies.
While exponential growth was what most investors previously looked for in startups, the cu... |
| 14.07.2022 | AirAsia Food flies into Jakarta | News
Shadine Taufik · 2d ago · 1 min readAirAsia Food flies into Jakarta
Capital A’s food delivery service AirAsia Food has set foot in Jakarta, DailySocial ID reported. The service, which began operating in suburban Tangerang in March 2022... |
| 14.06.2022 | Here Are Indonesia’s Most Well-Funded Fintechs | These past years have seen Indonesia emerging into one of the hottest fintech markets in Southeast Asia, attracting local and foreign investors with the prospect of leveraging technology to address the massive pool of unbanked and underbank... |
| 12.04.2022 | SoftBank-backed logistics firm gets $50m in series B+ raise | InvestmentsNewsStartups
Roehl Niño Bautista · 1d ago · 1 min readSoftBank-backed logistics firm gets $50m in series B+ raise
Waresix, an Indonesia-based logistics startup, has raised US$50 million in a series B+ round joined by Tiger Global... |
| 14.03.2022 | 7 Early-Stage Fintech Startups from Indonesia to Follow in 2022 | In Southeast Asia, Indonesia is fast becoming a fintech powerhouse as investors continue to pour money into young, innovative startups seeking to tap into the country’s massive population of underbanked.
In the first nine months of 2021, In... |
| 22.02.2022 | Indonesia’s innovative startups are the catalyst for increasing investment | In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion. Much... |
| 13.10.2021 | Buy Now, Pay Later Adoption Takes off in Indonesia | Buy now, pay later (BNPL), also referred to as paylater, has become one of the most popular payment options in Indonesia. After digital money (82.2%), it’s the second most used fintech product in the country, recording a penetration rate of... |
| 20.09.2021 | Indonesian e-commerce firms choose groceries as their next competitive front | With a population of 270 million, Indonesia has one of the biggest grocery markets in Asia. The value of its grocery sector is expected to reach USD 169.4 billion in 2022, up from USD 140.2 billion in 2019, according to a report by the Inst... |
| 22.06.2021 | Indonesian BNPL startup Kredivo gets additional USD 100 million debt facility from US firm | Kredivo, an Indonesia-based buy now, pay later service, said on Monday that it received a second USD 100 million debt facility from US-based private credit firm Victory Park Capital, which will be disbursed to its users in Indonesia. It rec... |
| 25.05.2021 | Indonesian crypto exchange Pintu bags funding from Pantera Capital and Coinbase | Jakarta-based Pintu reportedly received USD 6 million in an extended Series A funding round led by Dan Morehead’s Pantera Capital. Other notable names from the sector participated, including US-based crypto exchange Coinbase, Blockchain Ven... |
| 03.05.2021 | Indonesian robo-advisor Bibit.id raises $65m round led by Sequoia India | Indonesian robo-advisor app Bibit.id has raised $65 million in a fresh funding round led by Sequoia Capital India, DealStreetAsia has learnt.
The round was joined by Prosus Ventures, Tencent and Harvard Management Company as well as existin... |
| 30.04.2021 | LinkAja acquires agriculture-focused P2P lender iGrow | LinkAja announced that it has acquired iGrow, a peer-to-peer lending startup that focuses on productive financing in agriculture. The company aims to expand its business line to online financing, especially for micro, small, and medium ente... |
| 21.04.2021 | Indonesian health tech startup Halodoc nets USD 80 million from Astra, Temasek | Health tech platform Halodoc said on Wednesday that it raised USD 80 million in its Series C round led by Indonesian conglomerate Astra. Other prominent participants in the round include Temasek, Telkomsel’s venture arm TMI, Novo Holdings, ... |
| 20.04.2021 | Indonesian government to tax crypto traders, eyeing trillions of rupiah by 2024 | The Indonesian government plans to tax cryptocurrency transactions, which have reached a significant volume in the country. This may yield trillions of rupiah for state coffers by 2024.
Teguh Kurniawan Harmanda, COO of local crypto trading ... |
| 15.04.2021 | Indonesian logistics company Shipper bags USD 63 million in Series B funding | Indonesia’s logistics platform Shipper has raised USD 63 million in its Series B round led by DST Global partners and Sequoia Capital India. Other investors include Prosus Ventures, Floodgate, Lightspeed, Insignia Ventures, AC Ventures, and... |
| 31.03.2021 | ShopeePay tops Indonesian e-wallet game in Q1: Survey | Sea Group’s ShopeePay has quickly become a serious contender in Indonesia’s e-payment scene. A recent survey by market research firm Snapcart found that it was the most used e-wallet in the country this March.
ShopeePay has been used by 76%... |
| 24.03.2021 | Indonesian social commerce platform KitaBeli secures $10m in Series A funding | Indonesian social commerce platform KitaBeli has secured $10 million in the Series A funding, led by Go-Ventures, with participation from existing investors, AC Ventures and East Ventures.
Through the KitaBeli mobile app, users can share pr... |
| 23.03.2021 | Openspace Ventures targets Southeast Asia with its third fund | VC firm Openspace Ventures earlier this month announced the closure of its third managed fund, raising USD 200 million, which brings the total capital under management to USD 425 million. Openspace director Ian Sikora told DailySocial that ... |
| 17.03.2021 | In Singapore, Gojek plans for more driver partners and new features this year | Indonesian ride-hailing firm Gojek has experienced significant growth in the number of partners and users since its launch in Singapore at the end of 2018. This year, the decacorn wants to continue building on that.
Gojek representatives to... |
| 28.01.2021 | Indonesian B2B startup Ula snags USD 20 million from B Capital and Quona | Ula announced on Thursday that B Capital and Quona contributed to its Series A round, with existing investors Lightspeed India and Sequoia Capital also participating. Launched a year ago, the startup operates a wholesale e-commerce marketpl... |
| 26.01.2021 | Ovo and Bareksa roll out in-app investment feature for the young | Indonesian e-wallet unicorn Ovo and mutual fund platform Bareksa have teamed up to launch a new investment product allowing small savers to buy funds for as low as IDR 10,000 (USD 0.71) from their app.
Ovo’s president director Karaniya Dhar... |
| 22.01.2021 | Indonesia’s Telkom is growing its digital footprint overseas | State-owned Telkom Group is aggressively expanding its digital business abroad. In December, it announced the launch of MyTimor, a ride-hailing platform available in neighboring East Timor.
The app, which has been available for the local co... |
| 15.01.2021 | Investors Bullish on Indonesia’s Fintech Sector | Fintech continued to lead Indonesia’s startup funding landscape in 2020, making up for most of the money raised that year, ahead of software-as-a-service (SaaS) and e-commerce. 2020 marked the fourth year where fintech dominated the amount ... |
| 11.01.2021 | Student loan startup Pintek nabs debt funding, plans sharia products | Pintek, an Indonesian fintech platform that provides loans to students, on Monday announced that it raised USD 21 million in debt funding from US-based private-debt investor Accial Capital. The company will use the new ammunition to grow it... |
| 08.01.2021 | Bukalapak is considering 2021 IPO after significant growth last year | Indonesian online shopping platforms are seeing accelerated growth in consumer and merchant numbers as people are forced to reduce outdoor activities due to the ongoing COVID-19 pandemic. Riding on last year’s boom, e-commerce unicorn Bukal... |
| 02.12.2020 | Indonesian beverage chain Haus! bags $2m Series A funding from BRI Ventures | Premium
Indonesia-based made-to-order drink brand Haus! has secured a $2-million Series A funding from BRI Ventures, the venture capital arm of state-owned lender Bank BRI.
Continue reading this story with a subscription to DealStreetAsia.
... |
| 20.10.2020 | Zomato stops Pro features in Indonesia and the Philippines, reportedly lays off local team | Indian restaurant aggregator app Zomato has stopped its subscription program Zomato Pro in Indonesia and the Philippines. The unicorn also laid off the local team in Indonesia, according to local media DailySocial. It will handle the operat... |
| 02.09.2020 | Indonesian insurtech startup PasarPolis notches USD 54 million in Series B round | The Indonesian startup PasarPolis has raised USD 54 million in an oversubscribed Series B round, the insurtech firm announced on Wednesday. LeapFrog Investments, SBI Investments, Xiaomi, as well as Alpha JWC and Intudo Ventures contributed ... |
| 25.08.2020 | MSME-focused package printing startup Tjetak raises Series A funding from Vertex Ventures | The Indonesian package printing startup Tjetak on Tuesday announced that it has received an undisclosed amount of Series A funding in a Vertex Ventures-led round, according to DailySocial.
The company plans to use the fresh investment for m... |
| 18.08.2020 | MDI Ventures closes USD 500 million fund, wants to digitize Indonesia’s state-owned enterprises | Jakarta-based MDI Ventures, the corporate venture capital arm of Telkom Indonesia, on Tuesday announced that it closed a USD 500 million fund aimed at the digital transformation agendas of the nation’s state-owned enterprises.
“To maintain ... |
| 12.08.2020 | Indonesian fishery startup Aruna raises USD 5.5 million from East Ventures, AC Ventures, and SMDV | Aruna, an e-commerce platform for the fish industry, has raised USD 5.5 million from East Ventures, AC Ventures, and SMDV, the company announced on Wednesday. The startup will use the fresh capital to scale its operations and expand into ne... |
| 05.08.2020 | Indonesian fintech Ayoconnect bags USD 5 million in pre-Series B round | Ayoconnect, the Indonesian bill payment startup, on Wednesday announced that it raised USD 5 million in a pre-Series B round led by BRI Ventures, the corporate VC arm of state-owned bank BRI. In the round further participated the Japanese i... |
| 05.08.2020 | Indonesian retail startup Wahyoo snags USD 5 million funding, introduces new business lines | Wahyoo, an Indonesian online retail startup, has raised USD 5 million in a Series A funding round led by Intudo Ventures, the company announced on Wednesday. Other investors participating are Amatil X, the corporate VC arm of Coca Cola Amat... |
| 28.07.2020 | Gojek hints at new integrated map service called GoTransit | Indonesian super app Gojek might have accidentally released a new feature going by the name of GoTransit. It is, more or less, an in-app map that shows Indonesia’s often confusing public transportation services and suggests the routes to ta... |
| 24.07.2020 | Indonesian fashion e-commerce site Sorabel files for liquidation | The fashion e-commerce platform Sorabel will close its operations by the end of July, Daily Social has learned. In a letter sent to employees, the management said it did the best effort to save the company, but it needs to file for liquidat... |
| 19.07.2020 | Pandu Sjahrir Reveals His Dream Scenario in Indonesia’s Tech Industry | Original post by Daily Social |
| 19.06.2020 | Indonesian proptech Jendela360 bags USD 1 million funding from Beenext, others | Jendela360, the Jakarta-based proptech startup, has notched USD 1 million in new funding, led by Singaporean venture capital firm Beenext, which was joined by Prasetia Dwidharma, Everhaus, and an unnamed investor who is said to manage the l... |
| 26.05.2020 | Indonesian startup Delman raises $1.6m seed round led by Intudo Ventures | Premium
Indonesia-based big data management and analytics provider Delman has raised $1.6 million seed round led by Intudo Ventures with participation from Prasetia Dwidharma Ventures and Qlue Performa Indonesia, according to a statement.
C... |
| 12.05.2020 | IDN Media acquires independent film company Demi Istri, launches film production unit | Jakarta-based multiplatform media company IDN Media announced on Tuesday that it has acquired the independent film company Demi Istri Production. The company will also launch its own film production unit, IDN Pictures, as reported by Daily ... |
| 05.05.2020 | Indonesian FMCG B2B platform GudangAda raises USD 25.4 million from Sequoia India and Alpha JWC | Indonesian fast-moving consumer goods (FMCG) B2B platform GudangAda has bagged USD 25.4 million in a Series A funding round, the company announced on Tuesday. The round was led by Sequoia India and Alpha JWC, with participation from existin... |
| 28.04.2020 | Singaporean fintech Helicap bags USD 10 million in Saison Capital-led Series A round | The Singapore-based startup Helicap on Tuesday announced USD 10 million of fresh funding in a Series A round led by Saison Capital, the venture capital arm of the Japanese financial service company Credit Saison.
In this round also particip... |
| 10.04.2020 | Investments in Indonesian startups sustain through Q1 with mixed outlook | The ongoing COVID-19 pandemic has hit the economy across various sectors. According to a report by research and advisory organization Startup Genome, venture deals in China, the pandemic’s ground zero, have contracted by approximately 57% i... |
| 26.03.2020 | Patamar Capital starts second fundraising round, maps out aggressive portfolio expansion for 2020 | Patamar Capital, the Silicon Valley venture capital firm, is in the midst of its second fundraising round, aiming to assemble USD 150 million by the end of 2020. Even though the COVID-19 pandemic is slowing down the process, it has already ... |
| 19.03.2020 | Indonesian education tech company Pahamify bags USD 150,000 investment from Y Combinator | Indonesian education tech startup Pahamify has received USD 150,000 in funding from Y Combinator. As reported by Daily Social, the fresh funds will be used to add new learning materials for junior high students and teachers to the platform.... |
| 12.03.2020 | ByteDance’s music streaming app Resso has officially launched in Indonesia | ByteDance’s music streaming platform Resso was officially launched in Indonesia on Wednesday after undergoing a trial period since December 2019, Daily Social reported. Resso offers social sharing services to enable users to interact with e... |
| 26.02.2020 | Intudo Ventures leads USD 3.25 million investment in Indonesian entertainment company Visinema | Visinema, an Indonesia-based entertainment and intellectual property (IP) development company, has raised USD 3.25 million in Series A funding led by Intudo Ventures, with participation from GDP Venture and Ancora Capital.
The company will ... |
| 24.02.2020 | Indonesian unit of Chinese e-commerce giant JD.com claims unicorn status: Report | Premium
JD.ID, the Indonesian operation of Chinese e-commerce major JD.com, has claimed to have surpassed the $1 billion valuation mark, which makes it the sixth unicorn to be borne out of Southeast Asia’s biggest market, Daily Social repor... |
| 24.02.2020 | JD.id confirms status as Indonesia’s sixth unicorn | Indonesian e-commerce platform JD.id has confirmed to Daily Social that its company is now valued at more than USD 1 billion, making it the newest name in the country’s unicorn list. The country now has six unicorn companies, where three of... |
| 21.02.2020 | Indonesia’s e-procurement site Mbiz to raise USD 20 million | Indonesia’s B2B e-procurement site Mbiz is currently raising USD 20 million in a Series B funding round, the Daily Social reported. The fresh capital will be used to expand the team and add product offerings. Mbiz is targeting quadruple gro... |
| 21.02.2020 | Analyzing Gojek’s decision to acquire a minority stake in Blue Bird | In a regulatory filing on February 14, PT Blue Bird Tbk (Blue Bird) announced that its holding company has sold a 4.3% stake worth IDR 411 billion (USD 30 million) to an undisclosed buyer. Bloomberg named Gojek as the buyer, confirming a ru... |
| 18.02.2020 | Indonesian firm Eureka AI raises USD 20 million in Series B round | Indonesian artificial intelligence (AI) software company Eureka AI has raised USD 20 million in its Series B funding round, led by Apis Partners, Gobi Partners, the Riyad TAQNIA Fund, and MEC Ventures.
Other investors such as SG Innovate, G... |
| 13.02.2020 | Indonesian e-commerce platform Orami launches parenting app | Indonesian maternal and infant online retailer Orami officially launched a parenting app called “Orami Parenting” on Wednesday, strengthening its position as an all-in-one parenting platform, Daily Social reports.
The idea of creating a par... |
| 06.02.2020 | Indonesia’s Wahyoo acquires online directory platform Alamat.com | Peter Shearer, the founder of Indonesian offline-to-online platform Wahyoo, has confirmed to KrASIA the rumored acquisition of local online store directory platform Alamat.com.
The report was first published by Daily Social. According to th... |
| 28.01.2020 | Gojek has reportedly invested in a wearable tech company (update) | Gojek has reportedly invested in an Indonesian wearable tech and apparel company called Zulu, according to Daily Social.
Zulu’s line of products includes Bluetooth motorcycle helmets that give users hands-free access to voice calls and GPS ... |
| 27.01.2020 | Indonesian bank OCBC NISP launches corporate venture capital fund | OCBC NISP Ventura, the corporate investment arm of the eponymous IDX-listed banking company, has obtained a license from Indonesia’s financial service authority (OJK) to operate its venture capital business beginning in January 2020, Daily ... |
| 15.01.2020 | Indonesian lending platform Akseleran lands USD 8.5 million in Series A | Indonesian lending platform Akseleran announced on Wednesday it closed a USD 8.55 million Series A funding round, led by venture capital firm Beenext.
Established in 2017, the peer-to-peer lending firm has facilitated more than IDR 1 trilli... |
| 18.12.2019 | Kinesys Group appoints Steven Vanada as managing partner, prepares USD 20 million for early-stage startups | Indonesian investment firm Kinesys Group has appointed a former executive director of CyberAgent Capital, Steven Vanada, as managing partner, Daily Social reports.
“Steven has a very strong investment background. He has been investing in In... |
| 12.12.2019 | Indonesia-based multifinance startup Akulaku is eyeing offshore financing | Indonesia-based online multifinance company Akulaku said that it wants to raise funding through an offshore loans scheme, Daily Social reported.
The new loan will be used to help the company reach its disbursement target of IDR 6 trillion (... |
| 04.12.2019 | LinkAja to launch PayLater feature in partnership with Kredivo | Indonesia mobile payment platform LinkAja is tapping the digital credit card field as it is currently preparing to release its PayLater feature in collaboration with Kredivo, Daily Social reports.
The feature allows customers to transact th... |
| 27.11.2019 | Mobile wallets and digital investments are Indonesia’s most popular fintech products in 2019 | Digital wallet platforms make up the most popular fintech category in Indonesia (82.7%), followed by digital investments (62.4%), according to Daily Social’s Indonesian Fintech Report 2019.
This indicates that Indonesian customers are gradu... |
| 21.10.2019 | Indonesian cloud kitchen startup Yummy confirms $7.75m funding led by Intudo, SMDV | Premium
Indonesia’s Yummy Corp, a catering solutions and cloud kitchen startup, has raised a total of $7.75 million in Series A funding led by SMDV and Intudo Ventures, according to an official statement.
Continue reading this story with a ... |
| 17.10.2019 | Indonesia’s online catering company Yummy Corp raises USD 7.75 million in Series A | Jakarta-based online catering company Yummy Corp reportedly raised USD 7.75 million in a Series A funding round from SMDV (Sinarmas Digital Ventures) and Intudo Ventures, participated by East Ventures, AgaetiVentures, Sovereign’s Capital, a... |
| 17.09.2019 | Indonesia’s MDI Ventures to raise USD 100 million in third fundraising | MDI Ventures, the corporate venture capital (CVC) arm backed by Telkom Indonesia’s major telecom operator, is said to be in talks to raise USD 100 million (over 1.4 trillion Rupiah) in its third fundraising.
Foreign investors involved as a ... |
| 11.09.2019 | Singapore-based accelerator Antler expands to Indonesia | Singapore-based accelerator Antler said on Tuesday that will set up an operation in Indonesia in the first half of 2020, according to Indonesian news outlet Kontan.
Antler aims to nurture at least 20 Indonesia-based startups annually. Depen... |
| 02.09.2019 | Indonesian beauty platform Sociolla bags USD 40 million Series D funding led by EV Growth and Temasek | Indonesia-based beauty e-commerce site Sociolla, via its parent company Social Bella, snagged USD 40 million in a Series D funding round led by EV Growth and Temasek with the participation of EDBI, Pavilion Capital, and Jungle Ventures.
The... |
| 21.08.2019 | Baidu-backed iQiyi forms a joint venture with Indonesian media giant MNC | Indonesian media conglomerate PT Media Nusantara Citra (MNC) teams up with Baidu-backed on-demand video streaming platform iQiyi to launch a joint venture to operate an over-the-top (OTT) platform in Indonesia.
MNC will own 51% of the JV, a... |
| 16.08.2019 | Indonesian beverage chain startup Goola raises $5m from Alpha JWC Ventures | Premium
New retail concepts surrounding beverage chains continue to attract investor interest in Indonesia.
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| 07.08.2019 | Indonesian mobile POS startup Moka to be acquired by Gojek, sources say | Moka POS builds mobile point-of-sale (POS) technology for small and medium businesses in Indonesia. You can find Moka payment terminals in many boutiques and restaurants around the country.
As a startup founded in 2014, Moka is one of the e... |
| 01.08.2019 | Indonesia’s state-owned lender BRI appoints Nicko Widjaja to lead its USD 250 million venture firm | Indonesia’s state-owned bank Bank Rakyat Indonesia (BRI) officially launched its corporate venture capital (CVC) unit BRI Ventures. The new venture will allocate IDR 3.5 trillion (USD 250 million) to back growth and late-stage startups, acc... |
| 25.07.2019 | Indonesian health tech startup Halodoc raises funds from Bill & Melinda Gates Foundation, Prudential, and Allianz | Halodoc, the Indonesian health tech platform that’s part of Gojek’s ecosystem of apps, announced that it raised additional funding from the Bill & Melinda Gates Foundation, Prudential, and Allianz +, according to a report on Indonesian ... |
| 29.04.2019 | Shopee Indonesia adds flight ticket feature in partnership with Traveloka | Shopee Indonesia collaborated with travel tech platform Traveloka to add a flight ticket booking feature on its app, Daily Social reports.
The partnership enriches Shopee’s suite of digital products which also includes streaming vouchers, m... |
| 25.04.2019 | Indonesian live auction platform WowBid raises USD 5 million | Indonesian live auction platform WowBid raised USD 5 million (IDR 70 billion) in a Pre-Series A funding round led by local investment firm Envy, local media reported.
WowBid was officially launched for the Android operating system in Decemb... |
| 24.04.2019 | Indonesian logistics startup Sicepat raises USD 50 million Series A funding | Indonesian logistic startup Sicepat Ekspres raised USD 50 million (IDR 704 billion) in its Series A funding round, led by Barito Teknologi and Kejora InterVest Growth Fund, in one of the largest Series A investments in Southeast Asia. Accor... |
| 10.04.2019 | Forbes 30 Under 30 Asia 2019’s Banking And Fintech Superstars | Forbes has released its fourth annual 30 Under 30 Asia list, which features 300 disruptors, innovators and entrepreneurs from the region, all under the age of 30.
Across 10 categories, young entrepreneurs and rising stars have been selected... |
| 21.03.2019 | Ant Financial-backed Indonesian online lender Akulaku injects $35.4m into local bank | Indonesia-focused online financial services platform Akulaku is reportedly investing IDR 500 billion (US$35.4 Million) into a local banking institution, Bank Yudha Bhakti (BYB). The investment will be completed in three stages until the end... |
| 04.01.2019 | 5 of Indonesia Fintech’s Biggest Funding Rounds of 2018 | DailySocial Indonesia recently released a report about their findings on the Indonesian fintech scene, recently notable with the rise of peer-to-peer (P2P) lending.
Between December 2017 to November 2018, DailySocial observed at least 14 di... |
| 27.12.2018 | Moka launches payment aggregator Moka Pay in Indonesia | Indonesian Point of Sale (POS) system software developer Moka is now widening its service by launching a payment aggregator named Moka Pay, per Daily Social, as the firm is looking to streamline and unite varied offline payment process and ... |
| 17.12.2018 | Traveloka silently acquires three smaller SEA rivals for $66.8m | A Southeast Asian online travel agency (OTA) behemoth has been quietly emerging without attracting too much attention, at least up until recently.
Traveloka, the Indonesian online travel startup backed by Expedia and Sequoia Capital, seems ... |
| 14.11.2018 | Sweet Escape connects travelers to photographers for truly Insta-worthy holiday pics | The rise of smartphone cameras and social media in recent years has fuelled a new level of marking and sharing memories using photos, but one startup is betting that people are prepared to go the next level and spend money to hire professio... |
| 13.11.2018 | Indonesian fintech startup AwanTunai announces $4.3m Series A led by Insignia | Indonesia fintech startup AwanTunia announced on Monday raising US$4.3 million series A round led by Insignia Ventures Partners and AMTD Group, with participation from Global Brains and Fenox Venture Capital among others.
Founded in early 2... |
| 03.10.2018 | Indonesian B2B marketplace Ralali launches digital wallet | With the convenience that digital wallets bring along to encourage spending, more e-commerce companies have started working with e-wallet companies, or, making their own wallets.
Indonesian business-to-business (B2B) online marketplace Rala... |
| 10.09.2018 | Go-Jek fuels digital content strategy by backing online media firm Kumparan | Indonesia-based O2O player Go-Jek is doubling down on its digital content strategy by backing Indonesian online hybrid site Kumparan via its investment arm Go-Ventures. The investment amount remains undisclosed.
Founded in 2016, Kumparan is... |
| 29.08.2018 | Today’s Tech Headlines: Grab Ventures to invest US$250m in Indonesian startups | SEA
Grab Ventures to commit $250m for Indonesian startups. This is part of the ‘Grab 4 Indonesia’ 2020 Master Plan, where Grab is looking to create more jobs in Indonesia to grow the country’s tech industry to enter the digital economy. (Kr... |
| 26.07.2018 | Indonesian B2B e-commerce startup Ralali to raise $5-10m Series B in Q3 | Premium
Indonesia’s B2B e-commerce marketplace Ralali is in talks to raise $5-10 million for its Series B round, according to two people aware of the development.
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... |
| 16.07.2018 | Exclusive: Indonesian B2B e-commerce startup Bizzy raises $8m pre-Series B | Premium
Bizzy, an online marketplace and e-procurement platform for enterprises, has raised an $8-million pre-Series B funding round led by Sinar Mas Digital Ventures (SMDV), according to two people familiar with the matter.
Continue readin... |
| 20.06.2017 | Fintech in Vietnam Update and New Infographic 2017 | Vietnam’s fintech ecosystem is on the rise fueled by a surge in foreign investor interest and a desire from the government to boost fintech development.
The launch of the SBV Steering Committee on Fintech in March hinted at the government’s... |
| 04.04.2017 | GREE Ventures leads $1m seed round in Indonesian startup Ayopop | Premium
Tokyo-based early stage venture capital firm GREE Ventures has led a $1 million seed funding round into Ayopop, an Indonesian bill payment platform. The round was joined by various high net worth individuals, and was supported by Fr... |
| 07.04.2016 | Telkom’s MDI Ventures to invest $25m in 10 Indonesian startups in 2016 | Premium
Indonesia telecom operator Telkom’s venture arm, Metra Digital Innovation (MDI) Ventures, said it will allocate Rp 300 billion ($25 million) to invest in 10 startups this year. The move is part of state-owned Telkom’s initiative to ... |
| 11.11.2015 | Indonesian electronics e-tailer Bhinneka raises $22m from local VC Ideosource, plans IPO | Premium
Bhinneka.com, an Indonesia-based online store and market leader in electronics-related products, has secured an investment of Rp300 billion ($22.06 million) from local VC firm Ideosource.
Continue reading this story with a subscript... |
| - | Indonesia Weekly Review: 3 Archipelago Startup Stories You Don’t Want To Miss This Week [23 January – 28 January] | Indonesia is a particularly noteworthy marketplace in Asia. Here’s what the Indonesian tech community has been upto this week.Media Startup Kumparan Raises Funding
Media startup based out of Indonesia, Kumparan has secured an undisclosed am... |
| - | Indonesia Weekly Review: 4 Archipelago Startup Stories You Don’t Want To Miss This Week [31 July – 5 August] | From mergers & acquisitions to fundings and contests, here is the next edition of the Indonesia weekly review – your weekly dose of the latest happenings from the Indonesia startup ecosystem.EMTEK Acquires Minority Stake In Grab, Ice Ho... |
| - | Indonesia Weekly Review: 7 Archipelago Startup Stories You Do Not Want To This Week [15 May – 20 May] | The emerging economy of Indonesia is one that is continually evolving and is open to innovation from both local and international players. With latest developments in the tech ecosystem of the archipelago, here’s this week’s review.EV Hive ... |
