Accelerators & Incubators
Policy & Regulation
Indonesian accounting platform BukuWarung nabs seed funding led by East Ventures
Within a few months of launching, BukuWarung claims that millions of credit and cash transactions have been recorded on its app by over 250,000 MSMEs across more than 500 cities and small towns in Indonesia.
13 hours ago
Indonesia-based Same-day delivery service startup RaRa raises over US$800K in seed funding from 500 Startups
The funds will be used to acquire talent in Business Development, Operations, and Technology to further expand RaRa’s business in Indonesia.
Indonesian VCs Agaeti, Convergence merge to form AC Ventures
The merger between Agaeti and Convergence is one of Indonesia’s first major consolidations in the VC sector, which has seen a host of homegrown firms emerge in the past couple of years.
Indonesia's B2B agri marketplace TaniHub lands US$17M funding
TaniHub connects farmers with more than 5,000 business customers from small and medium enterprises (SMEs), hotels, restaurants, food processing industry as well as retail customers.
gojek’s senior management donates 25 per cent of annual salary to pandemic affected partners
The capital in the support fund will come from 25 per cent of the senior management and co- CEOs’ annual salary
Grab launches grocery service GrabMart in Vietnam
GrabMart allows users in the southern city to order fresh and processed food and drinks from its merchant partners, including supermarkets, convenience stores and food retailers.
Social commerce platform Chilibeli bags USD 10 million Series A round
Chilibeli will use its fresh funds to feed the growth of its network of users, particularly in Greater Jakarta.
Indonesian edtech startup Pahamify scores Y Combinator funding
The fresh funds will be used to add new learning materials for junior high students and teachers to the platform.
gojek reportedly lays off employees: report
gojek has reportedly laid off employees in the mid to lower level positions, as the Indonesian ride-hailing giant continues to focus on efficiency and profitability
Gojek reportedly raises USD 1.2 billion
The new investment brings the company’s funds raised in its current financing round to just under USD 3 billion.
Indonesia’s Cashlez to raise $6m in April IPO, to buy IT firm
Founded in 2015, Cashlez claims to have handled transactions worth 3.8 trillion rupiah as of 2019 end.
Mandiri Capital Indonesia
Bank Mandiri’s Mandiri Capital plans to invest up to US$5M in startups
The company plans to provide an initial investment of up to US$5 million for startups targeting especially the e-payments sector.
Former LinkAja CEO joins Good Doctor Technology as MD
Wicaksana joined the healthtech company in February. He held the CEO position at LinkAja for about a year.
Indonesian startup Waste4Change raises funds from Agaeti, East Ventures, SMDV
Waste4Change looks to launch its improved system this year.
Indonesia’s Datasaur raises $1m from angel investors
Datasaur provides tools for organizing and labeling data.
Mastercard to lead Series B round for Indonesian fintech firm Digiasia
Mastercard said it will provide capital and strategic assistance to Digiasia to strengthen its suite of financial services catering to individuals and micro, small, medium enterprises (MSMEs).
Indonesia’s Telkom to launch new VC fund of up to $500m, says minister
MDI Ventures, the venture capital arm of Indonesia’s state-owned telecom firm Telkom Indonesia, is set to launch a new fund of up to $500 million
Intudo Ventures leads a US$3.25M Series A investment into Indonesia’s Visinema
Visinema said it plans to use the funding to build capacity in animation production, enhance talent acquisition, and drive international expansion.
Gojek and Grab said to hold merger talks; Gojek says reports ‘not accurate’
Southeast Asia ’s ride-hailing giants Gojek and Grab are holding discussions about a possible merger
Indonesian unit of Chinese e-commerce giant JD.com claims unicorn status: Report
The e-commerce company actually reached a valuation of $1 billion last year.
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