Indonesia

Southeast Asia (SEA) initial public offering (IPO) capital market remains resilient in the first half with Malaysia and Indonesia take top spots, Deloitte said Friday.

Indonesian sovereign wealth fund Danantara Indonesia has inked a landmark memorandum of understanding (MoU) with the Japan Bank for International Cooperation (JBIC), paving the way for financing opportunities aimed at accelerating Indonesia’s transition toward a green, digitally connected economy.

Sirsak, an Indonesia-based business to business (B2B) packaging waste management startup, has raised $600,000 in pre-seed funding to expand its flagship Packaging Recovery Program (PRP) technology and accelerate packaging waste collection and recycling across Indonesia.

Tapway Sdn. Bhd., a Malaysia-based Vision artificial intelligence (AI) platform developer, announced Tuesday that it is expanding into Indonesia.

Sxored, an Indonesia-based tech startup specializing in intelligent document extraction and artificial intelligence (AI)-powered credit document analysis, has secured an undisclosed amount of funding from East Ventures, a sector-agnostic venture capital firm in Indonesia and Southeast Asia.

Monit, Indonesia’s leading spend management platform, has raised $2.5 million in a funding round led by Cento Ventures, with strategic participation from Sansan, a Japanese leader in business to business (B2B) digital transformation.

Vietnamese automaker VinFast has officially entered into a pivotal financial partnership with PT Bank Central Asia Tbk. (BCA), one of Indonesia's leading private banks.

Indosat Ooredoo Hutchison announced Wednesday that SheHacks 2025, a program aimed at empowering Indonesian women with digital skills and closing the gender gap in technology and digital entrepreneurship, has already recorded over 17,000 women participants this year, with registration set to close on June 30.

Singapore-based fintech firm Seedflex Technologies announced Wednesday that it is now officially registered with Indonesian financial services authority Otoritas Jasa Keuangan (OJK) as a provider of aggregated information for financial products and services.

Badan Pengelola Investasi Daya Anagata Nusantara (Danantara Indonesia) and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) are to launch Russia-Indonesia Investment Platform (RIDNIP) with up to €2 billion ($2.3 billion) of capital to implement investments in Indonesia and Russia and promote the economic cooperation between…