Indonesia
Indonesia’s Etana secures financing from DEG, East Ventures and others
PT Etana Biotechnologies Indonesia (Etana), an Indonesian biopharmaceutical company, has secured a new round of investment led by DEG followed by Yunfeng Capital, HighLight…
Antler commits to investing into 30+ Indonesian startups in 2023
Antler, a global early-stage venture capital firm with strong presence in Indonesia, said Wednesday it will continue its commitment to support aspiring founders and early-stage…
Indonesia’s Hijra Bank optimistic on this year performance, aiming 1M users in 2024
Indonesian Islamic digital bank Hijra Bank is optimistic that its performance this year will increase, because it is supported by the number of users that have experienced…
Indonesia launches metaverse collaboration initiative to boost metaverse industry
Indonesia has made a significant move towards becoming a major player in the global metaverse industry with the launch of its Indonesia Metaverse Collaboration Initiative on 1…
Indonesian automotive tech startup Broom raises $10M Pre-Series A funding led by Openspace
Broom, an all-in-one automotive small and medium sized enterprise (SME) solutions startup based in Indonesia, announced Tuesday its $10 million Pre-Series A funding round led by…
Indonesian raw material procurement startup Bababos secures pre-seed funding led by East Ventures
Bababos, Indonesia-based raw material procurement platform for small and medium enterprises (SME) manufacturers, has on Tuesday announced the pre-seed funding led by East…
Indonesia to provide incentives to boost EV sales, attract investment – report
Indonesia will provide incentives to boost sales of electric vehicles (EVs) starting March 20, part of the country's efforts to accelerate adoption and attract investment from…
East Ventures and Temasek Foundation launch Indonesia’s climate tech innovations platform
Indonesia-focused venture capital firm East Ventures, and Singapore-based non-profit organization Temasek Foundation, have launched Climate Impact Innovations Challenge (CIIC),…
Indonesia seek to dual list home-grown startups in Hong Kong – report
The Indonesia Stock Exchange (IDX) has proposed to set up an agreement on dual listings with the Hong Kong stock exchange, in a bid to provide its startups and state-owned…
Indonesia’s DishServe pivots business model, eyes for profit
DishServe, an Indonesia-based food tech startup, has announced that it is pivoting its business model and is now focusing on the automation of back of house operations for…
