Indonesia

Indonesia woos Tesla with green energy; factory set-up proposed to be in Batang regency – report

The Indonesian government is promoting industrial estates equipped with electricity from renewable sources as it hopes to attract foreign direct investment (FDI) from…

Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has…

Singapore alternative funding startup Jenfi launches in Indonesia

Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes…

Culinary startup Mangkokku raises $7M Series A funding from Alpha JWC Ventures & EMTEK

Indonesia-based culinary startup Mangkokku announced its recently closed Series A funding of $7 million co-led by Alpha JWC Ventures and EMTEK, with participation from Cakra…

Alpha JWC expects E2W vehicles to be widely adopted in Indonesia soon; open for future opportunities in EV sector

Indonesia-based venture capital firm Alpha JWC Ventures, which recently invested in Electric Two Wheel (E2W) vehicles maker Ilectra Motor Group (IMG), expects E2W to be widely…

Razer Fintech acquires Indonesian digital payment firm E2Pay

Razer Fintech, the financial technology arm of Razer, announced Wednesday the acquisition of PT E2Pay Global Utama (E2Pay), a business-to-business-to-consumer (B2B2C) digital…

Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera

Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed,…

Indonesia’s J&T Express invests $136M for logistics center in Malaysia

J&T Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of…

Indonesia’s GoTo expands its sustainability commitments

PT GoTo Gojek Tokopedia Tbk (GoTo Group), the largest digital ecosystem in Indonesia, announced Friday that it has expanded its ‘Three Zeros’ commitments (Zero Emissions, Zero…

Indonesia’s Traveloka nears $200M funding after SPAC talks – report

Indonesia-headquartered online travel unicorn Traveloka is said to be close to raising more than $200 million from investors after ending talks to go public via a merger with a…