Indonesia

Indonesia-based logistics service provider J&T Express has announced football star and global sports icon Lionel Messi as its first global brand ambassador. Known for his relentless pursuit of excellence and resilience, the seven-time Ballon d'Or winner understands the continuous commitment to improvement that is at the heart of J&T Express.

ESQA, an Indonesian indie beauty brand, has raised a $6 million Series A round led by Unilever Ventures, the venture capital arm of consumer giant Unilever. Renowned investor, East Ventures has also participated in this round.

TipTip, a monetization platform for content creators based in Indonesia, has secured its $13 million Series A funding round, following thestartup’s $10 million seed round funding earlier this year. The Series A funding was led by East Ventures with continued participation from Vertex, SMDV, B.I.G. Ventures and prominent angels.

Singapore-based taxi operator ComfortDelGro and Indonesia-based on-demand mobile platform Gojek are coming together to jointly explore ways to address key issues affecting the point-to-point transport industry, including driver shortage.

East Ventures, the Singapore-based venture capital firm that has supported over 250 tech companies across Southeast Asia, has on Wednesday launched the fourth initiative of Indonesia PASTI BISA, namely Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM, to revive and support the digital ecosystem in Indonesia.

PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, announced Monday that its gross revenue up 30 percent year on year to Rp5.9 trillion ($375 million), above middle point of guidance range, as all segments registered growths. Meanwhile, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA)…

Bell Society, CarbonEthics, and Surplus are the three selected start-ups to join JICA NINJA accelerator program 2022.

Indonesian state-owned electricity company PT PLN (Persero) (PLN) announced Wednesday an agreement with Amazon for 210 megawatts (MW) of renewable energy capacity across four solar projects in Indonesia. This is a first-of- its-kind agreement for corporates to access additional, utility-scale solar projects in the country.

PT Telkom Indonesia (Persero) Tbk (Telkom) and Google Cloud have entered into a multi-year strategic collaboration to realize Telkom’s vision of becoming a leading digital telco that empowers local businesses and communities.

East Ventures, a sector-agnostic venture capital firm in Indonesia, has signed a Memorandum of Understanding with the Indonesia Chamber of Commerce and Industry (KADIN) Net Zero Hub and World Resources Institute (WRI) Indonesia for the strategic partnership and collaboration in advancing commitment towards net zero targets.