Indonesia
D3 Labs joins forces with Indonesian Blockchain Association for Digital Rupiah
Indonesian blockchain-based solutions provider D3 Labs has joined forces with the Indonesian Blockchain Association to provide impetus in the first phase of Digital Rupiah development. The Garuda Project, an initiative of Bank Indonesia for developing the Digital Rupiah, has garnered significant attention since its announcement.
Indonesia’s GORO raises $1M funding in pre-seed round led by Iterative
GORO, an Indonesia-based fractional property marketplace platform, has raised $1 million in a pre-seed round led by early-stage venture capital firm Iterative. The funding round was also participated by several prominent investors including XA Network, StashAway’s Angel Investing Program and Indonesian property veteran, Mike Broomell of Colliers……
Superbank partners Amartha to offer working capital loan to women micro-entrepreneurs in Indonesia
Indonesian lender PT Super Bank Indonesia (Superbank) has partnered microfinance technology platform PT Amartha Mikro Fintek (Amartha) to offer working capital loans to women micro-entrepreneurs in Indonesia.
Indonesia’s Beleaf secures $6.85M Series A funding from Alpha JWC Ventures, Openspace
Indonesia-based farming-as-a-service (FaaS) company Beleaf Farms (Beleaf) has on Tuesday announced their $6.85 million Series A investment led by Alpha JWC Ventures. Additional investors participating in this round include Openspace and several strategic angels.
Indonesia’s GENEXYZ raises $1M in seed funding led by East Ventures
GENEXYZ, an Indonesian firm that brings virtual influencer and human IPs, has on Wednesday announced the close of its seed funding of $1 million, led by East Ventures. This round of funding is also participated by other investors such as Emtek, MDI, Trinity Optima, and Massive Music.
Gojek to feature on-demand food delivery offering GoFood on MoMo
Gojek has on Monday announced that its on-demand food delivery feature, GoFood, is now available on the MoMo platform, in a partnership that continues to leverage the extensive and comprehensive synergies between Gojek and MoMo.
Indonesia’s Bukalapak confident in turning profitable by the fourth quarter of 2023
Indonesian e-commerce company Bukalapak is more confident in delivering its long-term mission of turning profitable by the fourth quarter of 2023 after having posted six sequential quarters of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) improvement.
Malaysia, Hong Kong plan economic hub near Singapore border – report
Hong Kong and Malaysia also signed 11 MoUs, including the one involving MTR Corporation.
Cainiao launches first warehouse in Jakarta as part of regional cHub expansion plan
Cainiao Group, the logistics arm of Chinese conglomerate Alibaba Group Holding Limited, has on Thursday announced the launch of its first warehouse, Cainiao Cikarang Logistics Park, in Jakarta, Indonesia as part of its regional cHub expansion plan. In addition to the Indonesia cHub, Cainiao said that its smart infrastructure business is currently expanding…
GoTo Financial launches GoPay app in Indonesia
GoTo Financial, GoTo's financial technology business unit, has officially launched the GoPay app in Indonesia, as part of its commitment to provide financial services for more people across the country, including those who are not Gojek and Tokopedia users.
