Indonesia Volanews

Startups Bukalapak

Indonesia’s Bukalapak Aims to Turn Mom-N-Pop Stores into Banking Agents Users of the service will be able to deposit and withdraw cash at warungs, and conduct transactions such as transfers and payments.

by DealStreetAsia

3 hours ago

Startups E-COMMERCE

Indonesian Used Car Marketplace Tiintiin.Id Closes Over $2.5m Seed Round The startup will deploy the proceeds to accelerate its growth into new verticals, including the motorcycle segment in the third quarter, and used car B2B and B2C transactions in the fourth quarter.

by DealStreetAsia

2020-07-09

POLICY

Indonesia Imposes 10% VAT on Amazon, Google And Netflix Under the new rules, non-resident foreign firms which sell digital products and services in Indonesia worth at least 600 million rupiah ($41,667) a year.

by DealStreetAsia

2020-07-09

Startups BukuWarung

Indonesian MSME Accounting App Bukuwarung Books New Funding Led by Quona The BukuWarung app helps micro businesses track all transactions, including credit, expense and sales, and gain cash flow visibility through business reports.

by DealStreetAsia

2020-07-08

Startups E-COMMERCE

Indonesia’s Beauty-Tech Startup Social Bella Raises US$58M Series E from Temasek, Pavilion, Jungle Ventures Social Bella has evolved from being beauty e-commerce to a complete ecosystem that seeks to unlock Indonesia's growing beauty and personal care market.

by e27

2020-07-07

Startups

Indonesian Fintech Startup PAYFAZZ Closes $53m Series B Round Founded in 2016 by Hendra Kwik, Jefriyanto, and Ricky Winata, PAYFAZZ claims to operate Indonesia's largest agent-driven banking network with over a quarter-million merchants and small restaurants.

by DealStreetAsia

2020-07-06

UNICORNS

Jon Sheppard, CTO of Gojek’s Financial Arm, Announces Departure Per his Linkedin post, Sheppard is understood to have taken up a new role as the CTO for Pakistan-based fintech firm Sadapay.

by DealStreetAsia

2020-07-06

Startups EDUTECH

AppWorks Joins Indonesian Edutech Startup InfraDigital's Series A Round InfraDigital aims to assist schools to address these pain points, targeting two of the most impactful areas of school management — financial operations and data transparency.

by e27

2020-07-01

INDONESIA Startups Movie Rating

Indonesian Movie Rating App Cinepoint Raises Funding from Ideosource Entertainment Cinepoint runs a system that gathers ratings through an exit polling post-movie-launch, verified real-time.

by e27

2020-06-28

INDONESIA TECH GIANT GOJEK

gojek to Let Go of 430 Employees as It Shutters GoLife, GoFood Festivals GoLife and GoFood Festival have seen a significant downturn over the past few months as the COVID-19 pandemic has affected consumer habits.

by e27

2020-06-24

INDONESIA Startups PROP-TECH

Indonesian Proptech Startup Jendela360 Secures US$1M Led by Beenext The three-year-old startup will now focus on its O2O strategy in the real estate industry.

by e27

2020-06-22

INDONESIA Startups Furniture Industry

Indonesian Online Furniture Retailer Fabelio Raises $9m in Series C1 Funding The company will use the proceeds to accelerate its presence within Indonesia and Southeast Asia as well as strengthen its technological and supply chain capabilities.

by DealStreetAsia

2020-06-18

SINGAPORE TECH GIANT Grab

Grab CEO Announces Lay-off of 360 Employees, Addresses COVID-19 Impact to Business The ride-hailing giant also promised that this will be the last major layoff of 2020.

by e27

2020-06-17

INDONESIA FINTECH MOBILE PAYMENT

Indonesian Digital Payments Platforms OVO, Dana Reportedly Agreed to Merger The merger talk first surfaced in 2019, around the time gojek announced a partnership with LinkAja, a digital payments service by Telkomsel.

by e27

2020-06-15

INDONESIA TECH GIANT GOJEK

Group CTO Ajey Gore leaves gojek Gore joined gojek in mid-2015 as Head of Engineering before being promoted to the position of CTO in January 2016.

by e27

2020-06-12

INDONESIA Startups Smart Parking

Indonesian Smart Parking Startup Gets Seed Money from AC Ventures, Others The startup provides locally produced compact motorcycle storage, which enables motorcycle parking to be more “secured, accountable, and comfortable.”

by TechinAsia

2020-06-11

INDONESIA Startups

Ula, A 5-Month-Old Indonesian Wholesale Marketplace, Raises US$10.5M Seed Funding Investors in this round are Sequoia India, Lightspeed India, SMDV, Quona Capital, Saison Capital and Alter Global

by e27

2020-06-11

INDONESIA VIDEO PLATFORM GoPlay

gojek's GoPlay Raises Funding to Support Original Content from Indonesian Filmmakers gojek CEO believes that it can succeed in the local on-demand video streaming market where many others have failed

by e27

2020-06-09

INDONESIA VC Kejora Capital

Kejora Capital, SBI Holdings Launch US$30M Fund to Invest in Early Stage Indonesian Startups Orbit will invest between US$200,000 to US$ 3 million per startup, in a diverse number of sectors ranging fom supply chain to media

by e27

2020-06-05

INDONESIA TECH GIANT GOJEK

Gojek Names Facebook, PayPal as New Investors in Latest Funding Round The funding round will also see the integration of PayPal service into gojek's platform.

by e27

2020-06-03