Indonesia Volanews

INDONESIA Startups Kredivo

Kredivo Bags US$100M from US Investor to Provide Instant Credit Financing to 10M New Users in Indonesia Kredivo provides instant credit financing to customers for purchases on e-commerce, offline and cash loans, processed based on real-time decisions.

by e27

7 hours ago

INDONESIA Startups Mangkokku

Mangkokku Raises US$2M from Alpha JWC to Expand Its Chef-Level Dishes Biz in Indonesia The startup offers professional chef-level dishes in the form of rice bowls at affordable prices. Spinning a local twist on conventional Japanese rice bowls, it uses local ingredients to suit their rice bowls to local tastebuds.

by e27

2020-11-24

INDONESIA VC Sovereign Wealth Fund

Indonesia’s SWF Will Offer Dedicated Industry Funds to Shore Up $15b Investment Indonesia‘s fund seeks to attract investment to finance infrastructure projects and stimulate economic growth, following models adopted by countries including India, Turkey and Malaysia.

by DealStreetAsia

2020-11-19

INDONESIA GIANTS GOJEK

Indonesian Telkomsel Invests US$150M in Gojek The collaboration marks an expansion of the two tech giants’ multi-year partnership that has offered affordable data packages to gojek driver-partners since 2018.

by e27

2020-11-18

INDONESIA Startups Investree

Investree Receives US$15M from Accial Capital to Provide Loans to Indonesian SMEs The new credit facility will provide financing to more Indonesian SMEs through Investree’s diversified loan portfolio, including invoice financing, buyer financing, working capital term loan, and online seller financing.

by e27

2020-11-16

INDONESIA Startups Alodokter

Indonesian Healthtech App Alodokter Banks Additional Funds from MDI Ventures, Launches E-Pharmacy The firm currently has a wide array of services such as offline doctor booking, online consultation, insurance services, and digital healthcare content.

by KrAsia

2020-11-16

INDONESIA UNICORNS GOJEK

Indonesian Gojek Reports Higher Transaction Value in 2020, Says That All Products Generate Positive Margins The firm also saw a fivefold increase in annualized GTV for its grocery service, as more people are relying on it for shopping during the pandemic.

by KrAsia

2020-11-13

SINGAPORE INDONESIA GIANT

SG's Grab Launches Grab Tech Center in Indonesia Located at Gama Tower in South Jakarta, the tech center covers 12,000 square meters, spanning over 9 floors.

by KrAsia

2020-11-11

INDONESIA Startups LinkAja

Indonesian Digital Payments Firm LinkAja Raises $100m Series B Led by Grab LinkAja started operations in June 2019 through the integration of some state-owned companies. The firm focuses on middle-class consumers and Indonesia’s Small and Medium Enterprises (SMEs).

by DealStreetAsia

2020-11-11

INDONESIA Unicorn GOJEK

Indonesian Gojek Enters Advertisement Market with GoScreen Drivers who install GoScreen’s digital billboards will receive a share of the revenue. Promogo’s Purba said that it would increase their daily income by 15-20%.

by KrAsia

2020-11-10

INDONESIA Startups iSeller

Indonesian iSeller Secures Series A from Mandiri, Openspace to Expand Its Omni-Channel Sales SaaS Platform The funds will be used for business expansion, including acceleration of merchant acquisition and on-boarding, as per a press statement.

by e27

2020-11-05

INDONESIA Startups SociaBuzz

SociaBuzz Raises Funding from UMG Idealab to Connect Businesses in Indonesia with Creators, Talents SociaBuzz aims to link individuals and businesses with suitable content creators and talents for their personal/business needs. Currently, the startup has around 72,000 influencers/creators/talents and 1,350 active users.

by e27

2020-11-04

INDONESIA Startups INDUSTRY REPORT

Report: Despite Pandemic, Indonesian Startups Raised US$1.9B in Funding by Q3 2020 These funding rounds were dominated by three verticals: Fintech, edutech, and SaaS with six transactions respectively.

by e27

2020-11-04

INDONESIA Unicorn Bukalapak

Microsoft Invests in Indonesian E-Commerce Unicorn Bukalapak This partnership signals a deep collaboration with Microsoft on an array of technology projects that will transform commerce solutions in Indonesia.

by KrAsia

2020-11-04

INDONESIA Startups Logisly

Logisly Nets US$6M Series A Led by Monk's Hill to Connect Shippers with Verified Trucking Firms in Indonesia Logisly is an e-forwarding logistics company that connects shippers with trucking companies from a network of verified corporate carriers.

by e27

2020-11-03

INDONESIA Startups AdaKerja

AdaKerja Raises US$1M from Beenext to Connect Blue-Collar Workers with Msmes in Indonesia AdaKerja connects blue-collar workers with micro small medium enterprises (MSMEs) in the archipelago.

by e27

2020-11-02

INDONESIA Startups Andalin

Andalin Raises Pre-Series A Led by Beenext to Expand Its B2B Logistics Solutions in Indonesia Andalin allows businesses to book shipments, receive faster freight quotations, compare services, and manage hundreds of shipments under one platform with ease.

by e27

2020-10-29

INDONESIA Unicorn Tokopedia

Google, Temasek Set to Invest $350m in Indonesian Tokopedia Tokopedia, the online marketplace backed by SoftBank Group Corp., was said to have held talks with U.S. internet giants including Facebook Inc., Microsoft Corp. and Amazon.com Inc.

by DealStreetAsia

2020-10-27

INDONESIA Startups Mangan

Mangan Receives Angel Funding to Provide On-Demand Food Services to Diverse Institutions in Indonesia Mangan claims it has partnered with more than 200 restaurants and serves more than 40,000 food packets to 80 office locations in Jabodetabek and Surabaya.

by e27

2020-10-26

INDONESIA POLICY Kominfo

Indonesia Drafting Ministerial Regulation to Block Social Media Kominfo has identified more than 2,000 sources containing false information, of which 1,759 have been taken down.

by KrAsia

2020-10-22