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Regulations — 29 Feb 2024

Indonesian tech giant GoTo and its Chinese-owned partner TikTok are on track to fully comply with Indonesia’s regulations banning in-app transactions on social media platforms. According to GoTo’s CEO, compliance […]

Jakarta-based startup BintanGo, a platform facilitating content creators in monetizing their work, has recently secured $2.2 million in fresh funding, a mix of debt and equity. This round of funding […]

Automobiles — 20 Jul 2023

Indonesia’s Maka Motors, an electric vehicle startup specializing in two-wheelers, has successfully concluded its seed funding round, raising US$37.6 million. The company, co-founded by two former executives from the Indonesian […]

Financial Technology — 13 Jul 2023

Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the […]

EdTech — 12 Jul 2023

Indonesia-based ed-tech startup SoLeLands has successfully secured funding led by venture capital firm East Ventures, with participation from SMDV. The exact amount of funding raised was not disclosed.  The funds […]

Startup — 10 Jul 2023

eFishery, an aquaculture technology company based in Indonesia, has achieved unicorn status after successfully raising $200 million in its Series D funding round. This makes eFishery the first startup in […]

Clean Technology — 10 Jul 2023

The Radical Fund, a climate-focused early-stage investor headquartered in Bangkok, has successfully achieved the first close of its climate tech fund, raising an initial amount of US$40 million. The fund […]

Investments — 27 Jun 2023

Indonesian supply-chain startup Baskit has successfully raised $3.3 million in a seed funding round, as announced on Tuesday. The round was led by venture capital firm Betatron Venture Group, with […]

Startup — 23 Jun 2023

The Indonesia-based fleet-tracking startup, TransTRACK, has successfully raised US$2.1 million in a pre-Series A funding round. The funding round was led by Ortus Star, with participation from existing investors Cocoon […]

Investments — 30 May 2023

Stockbit Investa Bersama (Stockbit), an Indonesian digital investment platform, and Fullerton Fund Management Company (Fullerton), a Singapore-based investment specialist, have jointly acquired Ayers Asia Asset Management, a Jakarta-based asset management […]

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