Indonesian agritech startup Semaai raises $4.7m in fresh funding
Indonesian agritech startup Semaai announced today it has raised USD 4.7 million (approximately IDR 73 billion) in a mixed round of equity and debt financing. The round was led by…
Stockbit partners with Fullerton, eyes expanding Indonesian wealth management market
Indonesian digital investment platform Stockbit has teamed up with Fullerton Fund Management Company, a Singapore-based investment specialist, in a strategic partnership. This collaboration is designed to cater to the burgeoning…
Indonesian credit builder SkorLife attracts $4m in Seed funding
Indonesian fintech company, SkorLife, has secured a $4 million seed funding round led by Hummingbird Ventures with contributions from QED Investors, AC Ventures, and Saison Capital. The credit tech startup…
Mimin secures Seed funding for chat commerce solutions in Indonesia
Indonesian-based startup Mimin, which offers chat commerce solutions and virtual assistant services for businesses, has announced its seed funding from Otto Digital, part of the Salim Group. Mimin aims to…
Coldspace completes $3.8m funding round to enhance cold chain capabilities in Indonesia
Indonesia-based Coldspace has raised $3.8m in seed funding, led by venture capital firm Intudo Ventures, logistics firm ASSA, and agricultural conglomerate Triputra Group, with participation from MKA & ITS. The…
Indonesian startup Fresh Factory raises $4.15 million in latest funding round
Fresh Factory, an Indonesian startup that provides an end-to-end hyperlocal cold chain fulfilment and logistics service, has raised $4.15 million in pre-Series A funding. The investment was led by SBI…
VFS Global, Unifier and Accredify announce strategic partnership in digital health credentials for a seamless and safe cross-border travel experience
VFS Global, Affinidi’s Unifier and Accredify have announced a strategic partnership to provide an end-to-end digital solution for COVID-19 (RT-PCR) testing for Singapore-bound travellers from Indonesia. With the gradual easing…
Indonesia’s Government to Continue Improving Competitiveness in Human Capital
In addition to accelerating national economic recovery in the midst of the Covid-19 pandemic, Indonesia’s government continues to support efforts in improving human capital competitiveness. This is done in order…
ADB, Gojek to Initiate Research on Digitization, COVID-19 Impact on MSMEs
The Asian Development Bank (ADB) and Gojek, formally known as PT Aplikasi Karya Anak Bangsa, have signed a collaboration agreement to conduct joint research on the impact of digitization and…
Indonesia’s Government Sets Out to Rescue Microenterprises from the Pandemic Impact
The Indonesian government strives to rescue microenterprises from the impact of the Covid-19 pandemic. Given its vital role, the microenterprises sector has become a priority in the national economic transformation…
Indonesian Beauty-Tech Startup Social Bella Raises $58m
Indonesian beauty-tech startup Social Bella announced today that it has raised $58 million in a Series E funding round backed by Singapore-headquartered Temasek, Pavilion Capital, and Jungle Ventures. The investment…
Indonesia-Focused East Ventures Raises New Fund for Tech Startups
JAKARTA – Early-stage tech investment firm East Ventures announced that it has reached the first close on a new venture fund for innovative startups in the region. The new seed…
Alpha Investment, Manulife Form $200m Logistics Property JV in Indonesia
INDONESIA – Alpha Investment Partners Limited, PT Asuransi Jiwa Manulife Indonesia, a subsidiary of Manulife Financial Corporation, and PT Mega Manunggal Property Tbk (MMP) have entered into a new venture…
Maybank Marathon Raises the Bar for Bali 2020
Maybank Indonesia has announced the date for its ninth Maybank Marathon event in Bali, an annual international road race event to be held on August 30, 2020. Registration starts on…
Garuda Indonesia Appoints Irfan Setiaputra as CEO
PT Garuda Indonesia (Persero) Tbk held an Extraordinary General Meeting of Shareholders (EGMS) on Wednesday, January 22 at Management Hall, Garuda City Center, Tangerang. EGMS 2020 officially appointed Irfan Setiaputra…
Indonesia’s Pindad Partners with Paramount Group on Armoured Vehicle Systems
Indonesia’s state-owned defence company PT Pindad has partnered with Paramount Group, the global aerospace and technology company, for the local development, industrialisation, and joint marketing of armoured vehicle systems for…
Represent Your Identity and New Ideas with .id Domain Name
Internet Domain Names are unique since no two parties can have the same domain name simultaneously. For an online business, Domain Names are more than brands, they are digital business…
Wintermar Offshore (WINS:JK) Shareholders approve Non-Preemptive Share Issuance
Wintermar Offshore Marine Tbk (WINS:JK) expects business conditions will continue to improve through 2019 into 2020 as oil price outlook stays strong. At the company’s AGM today, Managing Director Sugiman…
Wintermar Offshore (WINS:JK) Reports 1Q 2019 Results
Wintermar Offshore Marine (WINS:JK) has announced results for 1Q 2019, with an EBITDA of US$4 million, up 109% QoQ compared to 4Q 2018, while revenue was down 3% QoQ in…
Grand Kartech aims at Export Market amid Growing Manufacturing Industry
JAKARTA – (ACN Newswire) – Indonesia’s Ministry of Industry (Kemenperin) projects the manufacturing sector could reach 5.4% in 2019. Subsector projections include the food and beverage, machinery, textile and clothing,…