Indonesia

Lion Parcel, a logistics service provider in Indonesia, has partnered with Salesforce, the United States-based artificial intelligence (AI) customer relationship management firm, to optimize customer service through generative AI integration.

Sumsub, a global full-cycle verification provider, has partnered Nexus Technology, PT Secure Pasifik Technologi, Spectrum Edge to strengthen security, verification in Southeast Asia.

Vietnam’s electric vehicle (EV) manufacturer VinFast has officially entered Indonesia earlier this year, setting up a new dealership in the Jakarta suburb of Depok and announcing it will soon invest $1.2 billion to build a local assembly plant with a capacity of 50,000 cars per year.

PT Energi Selalu Baru (ESB), a electric vehicle (EV) subsidiary of PT NFC Indonesia Tbk (NFCX), MCASH Group, has garnered substantial investments from LX Ventures and SAIC Capital during its pre-Series A funding round.

“We identify Malaysia and Indonesia as prime beneficiaries of the spur in data center investment due to their location advantage, which makes them the ideal gateway for international connectivity,” the strategy note wrote.

Hyundai Motor Group and LG Energy Solution opened a $1.1 billion battery cell plant in Indonesia.

Indonesia-based integrated farming productivity platform Elevarm has secured $1 million investment from Dutch financial services firm Rabo Foundation and Japanese information technology firm Scala and Indonesian fintech firm Amartha.

Xurya, a renewable energy company offering rooftop solar rental without initial cost in Indonesia, has announced receiving an additional $55 million investment. The deal was led by the Norwegian Climate Investment Fund managed by Norfund, with participation from Swedfund, Clime Capital as the manager of SEACEF II, British International Investment (BII), and…

In response to the cyberattack, Indonesia's state auditor said the president instructed it to examine the country's data centers.

Chinese automakers are ramping up their investments in emerging EV markets overseas, especially in regions such as Southeast Asia, the Middle East, and Latin America, at a time when competition remains intense at home and the US and Europe are imposing punitive tariffs on China-made EV imports.