Indonesia
Indonesia tech startup funding plunges 64% on year in first half
Total funding into Indonesia tech startups plunged 64 percent to $191 million in the first half of 2024, compared with $526 million in the first half of 2023, Tracxn said Tuesday.
More than 40 Indonesian agencies hit by cyberattack on data centers – report
Forty-four government agencies, including key ministries, were targets of the ransomware attack, said Usman Kansong, an official from the communications ministry.
Accion Digital Transformation Fund invests $17.5M in Indonesian microfinance technology company Amartha
Global nonprofit Accion has on Tuesday announced a $17.5 million equity investment from the Accion Digital Transformation Fund in Indonesian microfinance technology company, Amartha.
Indosat partners Google Cloud to deliver AI-driven digital experiences to customers across Indonesia
Indosat Ooredoo Hutchison (Indosat) and Google Cloud have on Thursday announced the expansion of their long-term strategic alliance, aimed at accelerating Indosat’s transformation from telco to AI Native TechCo.
Indonesia’s JULO on track to disperse $650M in 2024, launch neobank
JULO, an Indonesia-based digital financial services platform, announced Tuesday that it has achieved significant loan disbursement growth and on track to disburse more than $650 million in 2024.
Indonesia’s McEasy raises Series A+ funding led by Granite Asia
McEasy, an Indonesia-based internet-of-things (IoT) and software-as-a-service (SaaS) enterprise company, has raised Series A+ funding from Granite Asia as the lead investor, followed by existing investor East Ventures. Its total Series A funding has now reached $11 million.
China’s SUV brand JETOUR to launch in Malaysia & Indonesia as soon as this month
In 2023, JETOUR Auto's total annual sales reached 315,167 vehicles, a 75 percent increase year-over-year. It is also worth noting that JETOUR's international exports experienced a remarkable year-over-year increase of 147 percent, far surpassing the overall industry level and reaffirming its status as the fastest-growing new cutting-edge SUV brand in China,…
Indonesian carbon management provider Jejakin secures $2.7M new funding
Jejakin, an Indonesian-based climate tech provider focusing on carbon management platform, has secured new funding of $2.7 million. Notable corporates include PT ITM Bhinneka Power, along with other significant venture capital firms in Southeast Asia and corporates such as Indogen Capital, SMDV and East Ventures.
Indonesia’s Ministry of Health strengthens collaboration with Google Cloud for generative AI healthcare solutions
The Ministry of Health of the Republic of Indonesia (Kementerian Kesehatan) has on Tuesday announced an expanded collaboration with Google Cloud to support the development of healthcare-specific generative AI (gen AI) innovations, aligning with the goals set out in the Indonesian government’s blueprint for digital health transformation and Digital Indonesia…
Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers
Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.
