Indonesia Volanews

INDONESIA IoT Roambee

US-based IoT startup Roambee receives Series B1 investment from Indonesia’s TMI, MDI Ventures The VC capital arm of Indonesian network provider Telkomsel collaborates with fellow CVC MDI Ventures in investing out of its US$40 million-joint fund with Singtel Innov8.

by e27

2020-01-21

INDONESIA ENTERTAINMENT Telkom Indonesia

Telkom Indonesia’s Faisal Djoemadi and Joddy Hernady on blocking Netflix and monetization from video games As new revenue sources emerge, so does Telkom’s business strategy.

by kr-asia

2020-01-20

INDONESIA VC SOFTBANK

Softbank offers to invest USD 40 billion in Indonesia’s new capital The construction of the new capital will start later this year.

by kr-asia

2020-01-20

INDONESIA RIDE-HAILING GOJEK

Being less capitalized player puts Gojek in good shape in pursuit of profitability, say execs Since it was founded in 2010, Gojek has raised a total of just over $3 billion of capital in 12 rounds.

by DealStreetAsia

2020-01-19

INDONESIA Industry INVESTMENT

Indonesia set to become Southeast Asia’s biggest stock market Indonesia, Southeast Asia’s largest economy, is finally poised to take the title of the biggest equity market in the region.

by DealStreetAsia

2020-01-17

INDONESIA E-COMMERCE Moladin

Motorcycle e-commerce Moladin raises pre-series A round led by East Ventures, to build auto mortgage loans Moladin is Indonesia-based motorcycles e-commerce and aims to become a “one-stop automotive platform”.

by e27

2020-01-17

INDONESIA OTA Traveloka

Indonesia’s Traveloka partners with state lender BNI for PayLater service More traditional banks are venturing into Indonesia’s PayLater segment.

by kr-asia

2020-01-16

INDONESIA EDUCATION Hacktiv8

Developer school Hacktiv8 gets US$3M in Pre-Series A to offer income-sharing loan to graduates The school approaches the learning with a “bootcamp” concept and has drawn the attention of investors East Ventures, Sovereign's Capital, SMDV, Skystar Capital among others.

by e27

2020-01-16

INDONESIA FINTECH Akseleran

Beenext leads US$8.6M Series A in P2P lender Akseleran to develop tailored-loan for SMEs Akseleran is Indonesia-based peer-to-peer lending platform that focusses on small and medium-sized enterprises in the country.

by e27

2020-01-16

INDONESIA LOGISTICS Waresix

Indonesian logistics tech startup Waresix adds US$11M more to its war chest The startup claims its ecosystem now reaches over 30,000 trucks and 300 warehouse operators across Indonesia.

by e27

2020-01-15

UAE ENERGY POLICY

UAE will invest $22.8b in Indonesia through sovereign wealth fund The U.A.E. plans to invest in building Indonesia’s new capital and also develop properties in Aceh province, the cabinet secretariat said in a statement, citing Coordinating Minister for Maritime Affairs and Investment Luhut Pandjaitan.

by DealStreetAsia

2020-01-14

INDONESIA E-COMMERCE BRI

Bank BRI pumps US$1M into Indonesia Mall, encourages local MSMEs to grow online The bank-supported initiative aims to tap into the growing e-commerce industry and empower local sellers to expand overseas.

by e27

2020-01-14

US REAL ESTATE Anyplace

Flexible housing platform Anyplace enters Southeast Asia, teams up with coliving operators Anyplace targets digital nomads from markets such as the US, who are looking to travel to the Southeast Asian region.

by e27

2020-01-13

INDONESIA ENTERTAINMENT Netflix

Netflix partners Indonesia's Ministry of Education and Culture to boost local film industry Netflix is preparing a series of programmes for Indonesian filmmakers.

by e27

2020-01-10

INDONESIA FINTECH POLICY

Indonesia imposes standard QR code, fixed fees for e-wallets This means that all mobile payment providers must replace their QR code with QRIS for easier transactions.

by techinasia

2020-01-09

INDONESIA FINTECH Investree

Bank BRI-Investree partnership earmarks US$143M to support creative entrepreneurs in Indonesia Bank BRI's creative industry lending will take the form of invoice financing, thus not requiring borrowers to put up traditional forms of collateral

by e27

2020-01-09

INDONESIA ACCELERATOR Hyundai Motor

Hyundai Indonesia kicks off acceleration programme The selected 10 startups will receive each 100 million rupiah grant and by the end of the programme, the top four teams will get an additional grant of 1 billion rupiah.

by DealStreetAsia

2020-01-08

INDONESIA MEDIA UMG Idealab

Indonesian media and broadcasting startup SVARA raises pre-Series A funding UMG Idealab invests an undisclosed amount in the media startup.

by e27

2020-01-07

INDONESIA FINTECH Investree

P2P firm Investree acquires stake in Lippo-backed Mbiz The acquisition will allow Investree to offer not only financial service but also SME-focused solution.

by DealStreetAsia

2020-01-03

INDONESIA REAL ESTATE NWP Retail

Warburg Pincus-Backed Retail Platform Buys 5 Indonesian Malls for $123M A Warburg Pincus-backed retail real estate venture in Indonesia chose the last day of 2019 to announce the year’s largest shopping centre acquisition, buying a set of five malls for approximately rupiah 1.74 trillion ($123.5 million).

by mingtiandi

2020-01-02