Indonesia

Ringkas, an Indonesia-based mortgage financing platform, has announced the closing of a Pre-Series A round at $5.1 million.

Maybank Investment Bank said Wednesday that it sees stable-to-improving competition in the mobility segment in Indonesia and Singapore.

Indosat Ooredoo Hutchison has officially inaugurated its AI Experience Center (AIEC) in Jayapura, Papua Province, as part of its commitment to expanding access to and the benefits of artificial intelligence (AI) technology for communities across Eastern Indonesia.

Maybank Investment Bank said Wednesday that Indonesia's new logistics rules to benefit third-party logistic providers.

MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.

Equinix, Inc., the global digital infrastructure company, has unlocked Indonesia’s burgeoning digital opportunities by inaugurating its first International Business Exchange (IBX) data center in Jakarta under the joint venture with PT Astra International Tbk (Astra).

Google Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand.

Indonesia-based conglomerate Astra and Japan-based automotive firm Toyota are strengthening their strategic partnership and expanding collaboration in the used car business in Indonesia through a partnership in PT Astra Digital Mobil (ADMO).

Vingroup's electric vehicle (EV) charging station developer V-GREEN has announced the signing of memorandum of understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target.

While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.