Indonesia

Indonesia’s Gokomodo raises $26M Series A funding led by East Ventures

Gokomodo, an Indonesian agriculture supply chain platform, announced Tuesday a $26 million series A funding round led by East Ventures. Other investors participating in the…

Indonesian credit tech startup SkorLife scores $2.2M pre-seed funding

Indonesia-based credit tech startup SkorLife announced Monday that it has raised a $2.2 million pre-seed funding round from a group of high-profile investors.  AC Ventures…

Bukalapak and Standard Chartered launch digital banking service in Indonesia

Indonesia e-commerce firm Bukalapak and global bank Standard Chartered have officially launched BukaTabungan, a digital banking service that leverages the reach of Bukalapak’s…

Declout Ventures leads $4.5M investment in Charged Indonesia

Singapore-headquartered DeClout Ventures Pte. Ltd. has led a $4.5 million investment in Indonesia-focused e-mobility scale up Charged Indonesia, as part of their inaugural funding…

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 Wednesday that it has raised a $4.5 million pre-series A funding round co-led by AC Ventures and East Ventures. Other…

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…

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…

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…

TechNode Global shares research insights on Indonesia EV landscape

TechNode Global has on Monday released the firm’s findings on the electric vehicle (EV) market in Indonesia. Indonesia is home to more than 270 million people, from which its…

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…