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Latest News on Indonesia

Indonesia-based payments startup Xendit now worth over $1 billion since launch in 2014

Xendit aims to become the Stripe of Southeast Asia and more.

Carl Adrian3d ago

Bukalapak started out to help Indonesians sell online; today it is worth over $7.5 billion after IPO

Bukalapak was founded back in 2010 to enable small and medium enterprises go online in Indonesia

Alfred LeeAug 08, 2021

Wild Digital Indonesia 2021 tech conference now open for registration

Wild Digital Indonesia 2021 will be held in tangent with Wild Digital Southeast Asia 2021

Wallace HoJul 29, 2021

Grab raises more money to conquer Indonesia; this round its $375 million by Emtek Group

The new partnership will focus on digitalisation efforts in Indonesia.

Alfred LeeJul 27, 2021

Gojek raises another $300 million lead by Indonesia's largest telco company.

Gojek's new round is aimed at supercharging both companies' collaborative efforts.

Alfred LeeMay 10, 2021

Pine Labs has just bought Fave for $45 million

Fave currently operates in 35 cities across Malaysia, Singapore, and Indonesia

Carl AdrianApr 13, 2021

Indonesia's J&T Express logistics firm plans to raise $1 billion via US IPO

J&T could be the largest Indonesian company to make it to the US public listing

Faith BaltazarApr 02, 2021

Kopi Kenangan founders set up Angel Investment Fund; investing $10k - $150k per startup

The Angel Investment Fund will invest in companies focused on Indonesia

Alfred LeeMar 17, 2021

Startup Xendit grabs $64.6M in Accel-led Series B

Indonesia’s Xendit, a startup digital payments business is transforming digital payments in Southeast Asia

Ariel ArcebidoMar 05, 2021

Founder of Indonesia's GrabToko startup arrested for scamming customers

GrabToko is an e-commerce startup from Indonesia that sold brand new smartphones at steep discounts.

Alfred LeeJan 14, 2021

Shopee's parent company, SEA Group, has bought a bank in Indonesia

SEA Group bought Bank Kesejahteraan Ekonomi Indonesia, a significant move into the digital banking space.

Alfred LeeJan 13, 2021

Sea Group firms up digital payments play in Indonesia with Bank BKE acquisition

The deal can be seen as part of Sea Group's ongoing plan to increase customer retention on Shopee by doubling down on ShopeePay.

DEALSTREETASIA.COMJan 13, 2021

Indonesia's Cakap is helping people learn languages online; raises $3 million in funding

Cakap aims to make education accessible to people across Indonesia

Alfred LeeDec 25, 2020

Cakap bags US$3M in Series A+ funding to expand its language learning platform in Indonesia | e27

Cakap claims its student numbers have grown 10X since the beginning of the year and 30X compared to the same period last year

E27.CODec 24, 2020

Helicap partners with Credit Saison Group to provide US$10M debt financing to alternative lending platforms in SEA | e27

The collaboration aims to create a significant impact, especially for low-income borrowers and micro-enterprises in Vietnam and Indonesia

E27.CODec 16, 2020

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