Indonesia

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…

JICA partners ANGIN to hold NINJA accelerator Demo Day in Indonesia

Government agency Japan International Cooperation Agency (JICA) has partnered with Indonesian investment platform ANGIN on NINJA accelerator program 2022. The three Indonesian…

AC Ventures launches advisor community to support startups

Indonesia’s leading early-stage venture capital firm AC Ventures (ACV) has on Tuesday formally announced its latest value creation initiative in the form of an expert advisor…

GoTo accelerates profitability timeline, with adjusted EBITDA expected to turn positive in 4Q, 2023

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has on Friday announced that it has further accelerated its profitability timelines. The company…

East Ventures launches white paper on genomics with Indonesia’s Ministry of Health

East Ventures, an Indonesia-focused venture capital firm, has on Thursday launched a white paper “Genomics: Leapfrogging into the Indonesian healthcare future”. This white paper…

Australia’s plastic alternative firm Uluu aims to build commercial plant in 2025

Australia-based Uluu, which uses seaweed to create plastic alternatives, aims to build a commercial plant that costs $100 million in 2025, its Co-Founder said. “We're doing our…

Indonesia’s Asa Ren raised oversubscribed $8.15M co-led by Top Harvest Capital, Kejora Capital, Marcy Venture Partners

Asa Ren, an Indonesia-based DNA data company based in Indonesia, has on last week announced the closing of a new early stage round of fundings of $8.15 million. This…

Indonesia to draft regulation enabling media to receive payments from digital platforms for content – report

Indonesia is said to be drafting law allowing media organizations to receive payments from digital platforms or aggregators that carry their content, its Press Council reportedly…

Grab Indonesia inks partnership with SRCIS for digital services

Continuing Grab’s long-term commitment in accelerating the digitalization for local micro, small and medium enterprises (MSMEs), Grab Indonesia has inked a partnership with PT SRC…

GoTo announces new leadership structure as it strengthens corporate governance and operational efficiency

PT GoTo Gojek Tokopedia Tbk (GoTo) has on Wednesday unveiled a strengthened GoTo Group leadership team, as the company continues to focus on enhancing corporate governance as well…