Indonesia
Indonesia’s KLAR Smile bags $4.55M pre-series A funding co-led by AC Ventures and East Ventures
Klar Smile, an oral wellness startup in Indonesia, announced Tuesday that it raised a $4.5 million pre-series A funding round co-led by AC Ventures and East Ventures. Other participating investors included Venturra Discovery, and several angel investors.
GoTo’s 2Q revenue up 45 percent to $370.38M
PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, announced Tuesday its gross revenue for the second quarter of 2022 increased by 45 percent year on year to Rp5.5 trillion ($370.38 million), driven by its ongoing monetization efforts.
Indonesia rolls out cross-border QR payment linkage with Thailand
Bank Indonesia (BI) and the Bank of Thailand (BoT) announced to move from piloting phase to the implementation phase of cross-border QR payment linkage on Monday. The piloting phase of cross-border QR payment linkage between Indonesia and Thailand, launched on August 17, 2021, has been running successfully. For the implementation phase, 76 payment system…
Indonesia’s ESB raises $29M Series B funding led by Northstar Group and Alpha JWC Ventures
ESB, an Indonesia-based fully-integrated restaurant management software as a service (SaaS) platform, announced Monday its $29 million Series B funding round led by Northstar Group and Alpha JWC Ventures. The round also saw participation from existing investors including BEENEXT, Vulcan Capital and AC Ventures.
TechNode Global shares research insights on Indonesia EV landscape
Topics in the report include the latest development in the Indonesian EV market, findings on the electric 2-wheeler market and the electric 4-wheeler market, consumers’ preferences, market entry and growth strategies, among others.
Indonesia and Singapore to pursue cross-border QR code payments connectivity
Bank Indonesia (BI) and the Monetary Authority of Singapore (MAS) announced Monday the commencement of work on a cross-border QR payment linkage between Indonesia and Singapore as part of the ASEAN-wide payments connectivity effort.
Indonesia’s ARIA secures $5M seed funding led by East Ventures
ARIA, a one-stop solution for Indonesia’s agriculture service, said Monday it has secured $5 million of seed funding led by East Ventures, who joined the pre-seed round in March 2022. This round of funding was also joined by Triputra Group, Michael Sampoerna, Arkana Ventures, GK-Plug & Play, and other strategic investors.
Indonesia’s Superkul raises seed funding led by East Ventures
Superkul, a cold chain and chiller-based last-mile delivery services startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, the sector-agnostic venture capital firm in Indonesia.
The race for digital learning leaves many students behind – but not anymore, with Indonesian schools going digital without the Internet
Insights into providing a better education for students in Indonesia through distance learning even with limited internet connectivity
Indonesia President Jokowi wants Tesla to make cars locally, not just batteries – report
Jokowi previously said the government aims to establish an “integrated EV ecosystem” that would include such industry activities as metals mining, battery production and car assembly.
