Indonesia

Indonesia-based investment platform Pluang has raised $10 million in funding while launching Indonesian equities on its app, as the company expands its position in the country’s growing retail investment market.

Danantara Indonesia is accelerating digital transformation across Indonesia’s state-owned enterprises (SOEs) as part of efforts to improve efficiency, strengthen inter-company synergies and enhance national competitiveness amid rapid technological change.

Indonesia’s buy now pay later (BNPL) firm Kredivo has acquired nearly 100 percent of Timo Digital Bank, a Vietnamese digital banking platform developed in cooperation with Vietnamese major lender BVBank.

Under the guidance of Bank Indonesia and the People’s Bank of China, Indonesia and China have launched a cross-border QR payment linkage connecting Indonesia’s QRIS payment system with Chinese payment platforms through Alipay+ and UnionPay International.

Princeton Digital Group said it has secured approximately $856 million in financing to support the development of its 120-MW JC3 data center campus in Indonesia

TipTip, an Indonesia-based technology company operating in the entertainment and experiences sector, has reached company-wide EBITDA profitability in early 2026, marking a key milestone in its development toward a more sustainable and capital-efficient business model.

Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.

Princeton Digital Group (PDG), Singapore-based data center operator, announced Thursday the acquisition of a new site in Greater Jakarta for its newest hyperscale data center campus, JC4.

An Indonesian court sentenced eFishery founder Gibran Huzaifah to nine years in prison on Wednesday, concluding a high-profile $300 million financial scandal that led to the collapse of one of Southeast Asia’s most celebrated startups.

Blaize Holdings，a global artificial intelligence (AI) computing firm, has announced a three-way strategic collaboration with Nokia and PT Datacomm Diangraha to accelerate the deployment of hybrid AI inference infrastructure across Indonesia and the wider Asia-Pacific (APAC) region.