Indonesia

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 phase of cross-border QR payment linkage between Indonesia and Thailand, launched on August 17, 2021, has been running successfully. For the implementation phase, 76 payment system…

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 Group and Alpha JWC Ventures. The round also saw participation from existing investors including BEENEXT, Vulcan Capital and AC Ventures.

TechNode Global shares research insights on Indonesia EV landscape

Topics in the report include the latest development in the Indonesian EV market, findings on the electric 2-wheeler market and the electric 4-wheeler market, consumers’ preferences, market entry and growth strategies, among others.

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 part of the ASEAN-wide payments connectivity effort.

Indonesia’s ARIA secures $5M seed funding led by East Ventures

ARIA, a one-stop solution for Indonesia’s agriculture service, said Monday it has secured $5 million of seed funding led by East Ventures, who joined the pre-seed round in March 2022. This round of funding was also joined by Triputra Group, Michael Sampoerna, Arkana Ventures, GK-Plug & Play, and other strategic investors.

Indonesia’s Superkul raises seed funding led by East Ventures

Superkul, a cold chain and chiller-based last-mile delivery services startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, the sector-agnostic venture capital firm in Indonesia.

The race for digital learning leaves many students behind – but not anymore, with Indonesian schools going digital without the Internet

Insights into providing a better education for students in Indonesia through distance learning even with limited internet connectivity

Indonesia President Jokowi wants Tesla to make cars locally, not just batteries – report

Jokowi previously said the government aims to establish an “integrated EV ecosystem” that would include such industry activities as metals mining, battery production and car assembly.

Indonesian proptech firm Kabina raises seed funding led by East Ventures

Kabina, a property and construction startup in Indonesia, announced Thursday the completion of its seed funding round led by East Ventures, with the participation from several notable angel investors, including Sandra Dewi.

Indonesian MSME enabler majoo raises $10M series A funding

Indonesia-based micro, small and medium enterprises (MSME) enabler majoo announced on Monday that it raised a $10 million series A funding round led by an undisclosed global technology investor. The deal was joined by existing investors AC Ventures, Quona Capital, BRI Ventures, and Xendit.