Indonesia

Indonesia’s Bumame secures Pre-Series A funding led by Alpha JWC Ventures for expansion

Indonesia-based health-tech firm Bumame has announced the successful completion of a funding round led by Alpha JWC Ventures, with participation from 500 Global and Kopital Ventures.

Kredivo Group acquires Indonesia’s earned wage access platform GajiGesa

This acquisition will mark Kredivo Group’s entry into the fast growing EWA market, and is in line with the group’s mission of providing fast, affordable and widely accessible financial services to its customers. Post-acquisition completion, GajiGesa will continue operating under its own brand, as a new business unit under Kredivo Group.

Indonesia says Apple should soon be able to sell iPhone 16s – report

Apple will soon obtain a local content certificate, which is needed for sales of the handset to be permitted.

SoftBank, Temasek among eFishery investors facing near wipeout – report

None of eFishery’s PondTag sensors that were supposed to help remotely judge water quality and automate fish and shrimp feeders had been deployed. The limited data collection meant fish feed predictions were wrong almost half the time, the document said.

Indonesia launches sovereign wealth fund Danantara – report

The sovereign wealth fund is seen as the latest initiative by Prabowo to deliver on his ambitious economic growth target of 8 percent within his first term.

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The rise of regional startup hubs in emerging markets

Communication is central to any startup in 2025. Whether increasing security through one-time passwords (OTPs), delivering real-time updates, or enabling efficient customer service, timely and effective communication has become the hallmark of a successful startup.

Hong Kong’s insurtech firm YAS eyes opportunities in Indonesia, Thailand & Vietnam after entering Malaysia [Q&A]

YAS aims to disrupt traditional insurance by focusing on microinsurance, on-demand coverage, embedded insurance, and instant claims processing.

East Ventures unveils platform for AI innovators in Indonesia

East Ventures, a venture capital firm in Indonesia and Southeast Asia, has on Thursday announced the launch of IndoBuild AI, a dynamic platform for artificial intelligence (AI) innovators to learn, build, and showcase their AI-driven solutions to real-world challenges in Indonesia.

Australian Development Investments announces strategic partnership with AC Ventures through KINETIK initiative

Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a strategic partnership with Indonesian venture capital firm AC Ventures under the KINETIK initiative.

Malaysia, Indonesia and Thailand’s central banks adopt local currency transaction framework operational guidelines

Central Banks of Malaysia, Indonesia and Thailand said Monday they will harmonize and broaden the scope of local currency transaction framework to encourage transactions in local currencies.