Indonesia

Indonesia’s Eratani secures $6.2M in Series A funding led by Clay Capital

Indonesian agricultural technology company Eratani has successfully raised $6.2 million in a Series A funding round led by Clay Capital.

Indonesia’s Populix raises $4.3M in Series B funding led by MSW V Asia Fund X

Populix, an Indonesian tech-based research company, announced Tuesday it has secured $4.3 million in the first close of its Series B funding round.

Yiren Digital partners AG Network to deliver AI-driven financial solutions across Indonesia

Yiren Digital Ltd., an artificial intelligence (AI)-powered platform providing financial and lifestyle services in China, has announced the formation of a strategic joint venture with PT. Pinjaman Kemakmuran Rakyat (klikUMKM) and PT. Artha Digital Investama, member of Artha Graha Network (altogether AG Network), to deliver AI-driven financial solutions…

FancyTech eyes expansion into Indonesia to drive global AI content growth

Global artificial intelligence (AI) firm FancyTech is eyeing expansion into priority markets, especially Indonesia, following its B+ funding round.

Fore Coffee‘s share price up 34.04 percent on IPO debut

PT Fore Kopi Indonesia Tbk (Fore Coffee), the Indonesia-based premium affordable coffee chain, saw its share prices jump 34.04 percent to Rp252 ($0.015) per share on the first day of trading.

East Ventures incubated company Fore Coffee’s IPO oversubscribed over 200 times

PT Fore Kopi Indonesia Tbk (Fore Coffee), an Indonesia-based premium affordable coffee chain, said its initial public offering (IPO) was oversubscribed by 200.63 times.

J&T Express reports 31.2 percent parcel volume growth in first quarter

J&T Global Express Limited (J&T Express), a global logistics service provider, announced Thursday that the company achieved a total parcel volume of approximately 6.6 billion in the first quarter of 2025, a 31.2 percent year-over-year increase.

Malaysia’s Hoopi closes seed funding round spearheaded by Creative Gorilla Capital

Hoopi Holdings Pte Ltd, a collectibles and trading cards platform based in Indonesia, has successfully secured its maiden institutional funding round led by Creative Gorilla Capital (CGC), a Jakarta-based venture capital firm that invests in early-stage consumer-facing businesses.

Axiata and Sinar Mas secure shareholders approval for XLSMART merger

Malaysian telecommunications firm Axiata Group Berhad and Indonesian conglomerate Sinar Mas said shareholders of PT XL Axiata Tbk, PT Smartfren Telecom Tbk, and PT Smart Telcom have formally approved the merger of the three companies into XLSMART.

GoTo collaborates with Google Maps to boost mapping experience

Indonesia-based digital ecosystem PT GoTo Gojek Tokopedia Tbk (GoTo) has on Monday announced a strategic collaboration between its on-demand services unit Gojek and Google Maps, that will significantly enhance the mapping experience for its consumers, driver-partners, and merchants.