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Indonesian telecom network Telkomsel invests $150 million in GoJek

Indonesian telecom network Telkomsel invests 0 million in GoJek Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm GoJek, the two companies said on Tuesday. As part of the “strategic partnership,” the two firms said they will explore a “broad range of collaboration opportunities” to reach millions of Indonesians. […]

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Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments

Indonesian logistics platform Logisly raises million Series A to digitize truck shipments Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up costs and making supply chains harder to manage. Logisly, a […]

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AC Ventures announces the first close of its $80 million fund for Indonesian startups

AC Ventures announces the first close of its million fund for Indonesian startups As one of the world’s most populated countries, with a fast-growing internet economy, Indonesia offers plenty of opportunity for startups. AC Ventures wants to tap into that with its $80 million ACV Capital III L.P. fund. The firm announced […]

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Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants

Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants A month after completing Y Combinator’s accelerator program, BukuWarung, an financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high-profile investors, including partners of DST Global, Soma Capital […]

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Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia

Indonesian cloud kitchen startup Yummy gets million Series B led by SoftBank Ventures Asia Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief executive officer Mario Suntanu told TechCrunch that the […]

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Indonesian insurtech startup PasarPolis gets $54 million Series B from investors including LeapFrog and SBI

Indonesian insurtech startup PasarPolis gets million Series B from investors including LeapFrog and SBI PasarPolis, the Indonesian-based startup focused on making insurance policies more accessible in Southeast Asia, announced today it has closed a Series B round totaling $54 million. Investors include LeapFrog Investments and SBI Investment, both firms that focus on […]

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Google launches Kormo app in India to help people find entry-level jobs

Google launches Kormo app in India to help people find entry-level jobs Google said on Wednesday it has expanded its jobs app, called Kormo Jobs, to India as the Search giant looks to offer a helping hand to millions looking for entry-level roles and further displace Microsoft’s LinkedIn relevance in the world’s […]

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InfraDigital helps Indonesian schools digitize tuition and enrollment

InfraDigital helps Indonesian schools digitize tuition and enrollment In Indonesia, about half of adults are “underbanked,” meaning they don’t have access to bank accounts, credit cards and other traditional financial services. A growing list of tech companies are working on solutions, from Payfazz, which operates a network of financial agents in small […]

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Jakarta-based Wahyoo gets $5 million Series A to help small eateries digitize their operations

Jakarta-based Wahyoo gets million Series A to help small eateries digitize their operations Wahyoo’s team, including CEO Peter Shearer (third from left) While growing up, Peter Shearer watched his mother get up every day at 2AM or 3AM to prepare for her catering business. For many people who own small food businesses […]

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Gojek appoints Amazon, Microsoft veteran as its new chief technology officer

Gojek appoints Amazon, Microsoft veteran as its new chief technology officer Indonesia-based ride-hailing company and “super app” Gojek said today that it has named a new chief technology officer. Severan Rault, who previously held leadership positions at Amazon and Microsoft, takes over the role from Ajey Gore, who announced last month he […]

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