Indonesia

Google Cloud and Boston Consulting Group (BCG) have on Monday announced the launch of the artificial intelligence (AI) Innovation Center for Indonesia, a joint initiative to address key challenges in Indonesia's AI adoption and empower enterprises to innovate at scale.

Elevarm, an Indonesian agritech company, has raised $4.25 million in pre-Series A financing led by Intudo, with participation from existing investors Insignia Ventures Partners and 500 Global.

PT GoTo Gojek Tokopedia Tbk (GoTo), the largest digital ecosystem in Indonesia, has exceeded its breakeven guidance, with record high core gross transaction value (GTV), gross revenue and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), underscoring its accelerating growth and profitability.

Vietnamese electric vehicles (EVs) maker VinFast and Indonesian state-owned bank PT Bank Negara Indonesia (Persero) Tbk (BNI) have signed a strategic partnership to accelerate green transition, sustainable growth.

Indonesian telecommunications firm Indosat Ooredoo Hutchison has announced a strategic collaboration with Swedish telecommunications firm Ericsson and Google Cloud to consolidate its business support system (BSS) onto a single cloud-based platform.

Indonesian telecommunications provider Indosat Ooredoo Hutchison has announced an initiative to deploy artificial intelligence (AI)-radio access network (RAN) infrastructure across Indonesia, with Nokia and NVIDIA.

Indonesian telecommunications firm Telkomsel and Chinese computer application firm Tencent Cloud have signed a strategic partnership on artificial intelligence (AI) and cloud-based solutions development to improve customer experience.

The Indonesia Investment Authority (INA) and a subsidiary of Ares Management Corporation have entered into an investment framework agreement (IFA) to foster investments through innovative financing mechanisms such as hybrid capital solutions (HCS) and securitization.

LiveIn, a Malaysia-based flexible housing provider, announced Thursday that it has acquired KoolKost, an Indonesia-based long-term accommodation brand from RedDoorz.

East Ventures, a Singapore-based venture capital firm, and Temasek Foundation, a Singapore-based philanthropic organization that supports sustainable development initiatives in Asia, have announced the third edition of the Climate Impact Innovations Challenge (CIIC) 2025, Indonesia's largest climate tech innovations competition.