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Latest News on Indonesia

Pine Labs has just bought Fave for $45 million

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

Carl Adrian4d ago

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

Ashmore Indonesia buys 20% stake in Bukalapak's mutual fund unit for $3.5m

Ashmore will gain access to Bukalapak’s growing digital consumer base of over 100 million registered users across Indonesia. 

DEALSTREETASIA.COMDec 14, 2020

Indonesia's Gojek launches platform for small businesses to sell online, GoStore

The GoStore solution lets small businesses set up online stores to sell online easily.

Alfred LeeDec 09, 2020

A new micro-fund, iSeed SEA is investing $100k into SEA startups.

The $5 million micro-fund will focus on Indonesia, Thailand, Vietnam, and Singapore.

Alfred LeeOct 12, 2020

Mastercard to invest in Indonesian startup Digiasia.

Expanding payments, P2P lending, and remittance services across Indonesia.

Alfred LeeMar 03, 2020

Indonesia’s Jabarano launches first cafe in Australia

West Java Governor Ridwan Kamil officially opened the first Jabarano cafe in Melbourne.

Ismawati AsmatFeb 27, 2020

Meet the 10 startups at MOX 8 Demo Day.

The 10 startups come from Malaysia, Indonesia, India & Pakistan

Wallace HoFeb 25, 2020

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