Indonesia
East Ventures closes inaugural GP-led secondary transaction with Coller Capital
East Ventures, a venture capital firm in Indonesia and Southeast Asia, announced Monday that it has closed its inaugural general partner (GP)-led secondary transaction.
Indonesia’s AC Ventures to target growth equity in 2025 as new investment area
We talked to Helen Wong, Managing Partner at AC Ventures, to learn more about the Indonesia-headquartered venture capital firm’s achievements in 2024 and its plans and priorities in 2025. She also shared insights on the outlook for the tech ecosystem and Southeast Asia in the new year.
Indonesia plans minimum age for social media use – report
In November last year, Australia has approved a social media ban for children aged under 16, setting a benchmark for jurisdictions around the world with one of the toughest regulations targeting Big Tech.
Grab-backed Superbank mulling Jakarta IPO this year to raise up to $300M — report
The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.
Indonesia’s MAKA Motors debuts first locally designed electric motorcycle, MAKA Cavalry
With this launch, MAKA Motors aims to redefine the riding experience for Indonesian consumers while advancing the electric vehicle ecosystem within the region.
BDx Data Centers partners APJII to boost Indonesia’s digital infrastructure
BDx Data Centers, an Indonesia-based data center operator, has announced a data center cooperation agreement with the Association of Indonesia Internet Service Providers (APJII) that will bolster the nation’s digital ecosystem.
Indonesia’s Bythen raises $5M in seed funding led by Vector, Skystar Capital
Bythen, an Indonesia-based platform that creates ownable digital characters for virtual creators, has announced it has raised $5 million in a seed round of financing led by Vector Inc. and Skystar Capital.
Indonesia’s Skor Technologies raises $6.2M in pre-Series A funding led by Argor Capital
Skor Technologies, the parent company of Indonesia-focused Skorlife and the new Skorcard credit card, has raised $6.2 million in its latest Pre-A round.
Arrow Electronics partners STARFINDO to support tech startups in Indonesia
Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO) to bolster tech startups within Indonesia's ecosystem.
Indonesia’s Bukalapak ceases physical product sales on marketplace
Indonesian e-commercer firm Bukalapak said Thursday that the firm has decided to gradually discontinue physical product sales on the Bukalapak platform, starting in February 2025.
