Indonesia’s J&T Express eyes shifting US IPO to Hong Kong – report

The Jakarta-based logistics unicorn is working with Bank of America Corp, China International Capital Corp and Morgan Stanley on the potential first-time share sale as soon as next year, Bloomberg reported, quoting people familiar with the matter.

Sandeep Aneja, Founder & Managing Partner, Kaizenvest

A deep-dive into the importance of entrepreneur-driven disruptions in education and learning [Q&A with Kaizenvest’s Sandeep Aneja]

In a deep-dive Q&A, we learn about the challenges in education, both as an industry and as a pedagogy. "The three key challenges, which are to be addressed by education are access, quality, and relevance,” says Sandeep Aneja, Founder & Managing Partner at Kaizenvest.

Warung Pintar

Digital transformation has accelerated the warung ecosystem in Indonesia, says Warung Pintar’s Agung Bezharie Hadinegoro [Q&A]

Agung discusses how the pandemic accelerated digital transformation in Indonesia, and how MSMEs–or warungs in particular–are able to benefit with the aim to “accelerate Indonesia’s growth in the midst of a post-pandemic economic boom by empowering micro-retail businesses.”

Jakarta-based EdTech platform GREDU secures $4M Series A for local expansion and product development

Since its launch in September 2016, GREDU has grown its platform, which is currently being used by over 400 schools, bringing its total user base to roughly 400,000. The startup provides its users (students, parents, teachers, and administrators) with a single platform to communicate with each other and keep track of any important details.

How can Open Finance benefit SMEs in Indonesia?

With Open Finance, banks and lending platforms can credit score their lenders in a faster and more accurate manner. By accessing their cash flow statements, these lenders will have a clearer picture of an SME’s true ability to repay the loan.

Indonesia e-commerce unicorn Bukalapak receives backing from state-owned banks in a $234M venture round  

The company plans to use its fresh capital to increase its user base of warungs (mom and pop stores), micro, and small businesses in Indonesia. The company’s strategic partnerships with both state-owned banks will also give its user base access to more products and services that the banks offer.

Indonesia last-mile delivery platform SiCepat closes $170M Series B and looks to potentially expand across Southeast Asia

The last-mile delivery startup plans to use its fresh capital to invest in working on its current services and infrastructure, and it is also entertaining the possibility of expanding in other markets within the Southeast Asian region.

P2P lending platform Amartha secures $50M debt financing to empower rural female entrepreneurs in Indonesia

with Lendable’s support, Amartha can take their business a step further and help empower Indonesia’s 22 million female micro-entrepreneurs to develop or start their businesses as the company tries to help the country recover economically post-pandemic. 

FUNDtastic team (Credit: FUNDtastic)

Indonesian FinTech startup FUNDtastic secures $7.7M Series A for market expansion and new product development

The new fund aims to expand our market scope, and also develop more products and features.

Indonesia planning to relax foreign investment policies for local tech startups

Indonesia plans to relax foreign investment policies for local tech startups

Indonesia is looking to give local startups a boost by exempting foreign investors from minimum investment requirements. This is seen as an opportunity to continue fostering growth in Indonesia’s digital economy.