Indonesia
East Ventures, Forge Ventures invest in Indonesian AI firm Nexmedis
Nexmedis, an Indonesia-based artificial intelligence (AI)-powered Health Information System (HIS) provider, has secured an undisclosed amount of funding co-led by East Ventures and Forge Ventures.
ADI invests $8M in AC Ventures’ Climate and Sustainability Fund
Australia’s flagship impact investment fund Australian Development Investments (ADI) has announced a $8 million anchor commitment to Indonesian venture capital firm AC Ventures’ Climate and Sustainability Fund.
IFC announces first sustainability-linked loan in Indonesia to decarbonize retail properties and support green building development
To support sustainable development and advance Indonesia’s journey to a low-carbon future, the International Finance Corporation (IFC) has announced its first sustainability-linked loan in the country, which will be used to expand green building certification of the portfolio of PT Nirvana Wastu Pratama (NWP), a leading retail and logistics property…
Swiss fintech firm additiv expands APAC operations with new Indonesia office
Additiv, a Switzerland-based digital solutions and platforms for the financial services industry, has on Monday announced the opening of its new office in Jakarta, Indonesia, marking the expansion of its Asia Pacific operations.
Indonesia’s Alpha JWC Ventures: 2025 provides opportunity for startups to build resilience & refine strategies [Q&A]
We talked to Chandra Tjan, Co-Founder & General Partner Alpha JWC Ventures to learn more about the firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.
Axiata inks deals with Sinar Mas to advance digital solutions in Southeast Asia
Malaysian telecommunication firm Axiata Group Berhad has inked deals with Indonesian conglomerate Sinar Mas to advance strategic collaboration in digital solutions in the Malaysian and Indonesia.
Indosat Ooredoo Hutchison & India’s AIonOS Unite to Power Indonesia’s AI Growth Journey
This collaboration aims to leverage AI for advancing Indonesia’s food security, talent development, and tourism.
Global data and AI firm Databricks expands presence in ASEAN by entering Indonesia
Databricks, the global data and artificial intelligence (AI) company, is expanding its presence in ASEAN by announcing plans to enter Indonesia.
Apple close to deal to lift Indonesian iPhone ban, minister says – report
The company has been in discussions with the government over an investment package that would lift the restrictions.
Indonesia antitrust agency fines Google $12.4M for unfair business practices – report
The agency launched an investigation into Alphabet Inc's Google in 2022 on suspicion it had abused its dominant position by requiring Indonesian app developers to use Google Play Billing, at higher rates than other payment systems, or face removal from the Google Play Store, according to the report.
