Indonesia

KaryaKarsa has collaborated with more than 40K creators and served 300K users, enabling creators to promote their digital content or service offerings, such as books, comics, audio, video, and other digital goods, directly to their audience without going through middlemen. The seed round will support the company’s growth in the Southeast Asia market and…

Antler plans to invest in at least 100 companies in Indonesia over the next 4 years, with the first Indonesia investments to be made in early 2022. It has launched in Indonesia to enable more entrepreneurs to build startups and raise funding with the support of the global Antler and take advantage of the unique ecosystem and opportunties across Indonesia.

As a means of payment, cryptocurrencies are forbidden according to Shariah law because they carry elements of uncertainty and harm, and are in violation of state laws.

The funds raised will allow GoTo to invest further in its ecosystem, strengthen its market-leading position in the region, and better serve customers, which includes continued focus on customer growth and engagement, expansion of its payments and financial services offering, and leveraging its integrated transport fleet and logistics network to enhance…

AC Ventures has partnered with Translink Capital and Vertex Force to invest in Dana Penjana Nasional’s Southeast Asia (SEA) Frontier Fund focused on funding promising Malaysian start-ups to, among others, expand into Indonesia and form partnerships within the regional technology ecosystem.

Alpha JWC Ventures has closed an oversubscribed third fund, at $433 million, securing its place as Southeast Asia’s largest VC fund targeting early-stage companies. The fund saw strategic investment from global and regional Limited Partners and investors, including World Bank’s International Finance Corporation and Morgan Stanley Alternative Investment…

By the end of 2022, Eden Farm plans to expand to 25 cities and 8 regencies, supplying more than 100,000 customers with 100 percent fulfillment rate of more than 1,000 stock keeping units (SKUs), to finance and generate demand.

Gojek and Gogoro have announced a strategic partnership to deploy a battery swapping and two-wheel electric vehicle pilot in Jakarta. The pilot program will consist 250 Gogoro Smartscooters and four GoStation battery swapping stations that will be located at Pertamina gas stations. Both companies plan to scale up the pilot to 5,000 scooters and more battery…

With the investment, Affinity will join the board of Vidio and will partner Vidio to turbocharge its growth and extend its market leadership in Indonesia. This investment also supports Vidio to expand its successful Indonesian Original Series franchise, license additional key sports content rights, and invest in building out its live stream and engagement…

The company plans to use the new funding for research and development, marketing and branding, hiring more talents, and launching a new second-line brand. Through existing infrastructure and know-how, the company’s vast logistical and distribution capabilities via partnerships with DMMX and SiCepat Ekspres allow for tremendously scalable operations