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Relocating Indonesian capital will impact nation’s startup ecosystem

Relocating Indonesian capital will impact nation’s startup ecosystem Hugh Harsono Contributor Hugh Harsono is a former financial analyst currently serving as a U.S. Army officer. More posts by this contributor Why the world’s first smart highway will most likely be in China Why the future of Chinese e-commerce is in its rural […]

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SoftBank pumps $2B into Indonesia through new Grab investment, putting it head to head with Gojek

SoftBank pumps B into Indonesia through new Grab investment, putting it head to head with Gojek Grab — the on-demand transportation app that is the Uber of Southeast Asia — today announced yet another investment on top of the $7 billion that it has raised to date. SoftBank is putting another $2 billion […]

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Indonesia restricts WhatsApp, Facebook and Instagram usage following deadly riots

Indonesia restricts WhatsApp, Facebook and Instagram usage following deadly riots Indonesia is the latest nation to hit the hammer on social media after the government restricted the use of WhatsApp and Instagram following deadly riots yesterday. Numerous Indonesia-based users are today reporting difficulties sending multimedia messages via WhatsApp, which is one of […]

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CEO of Rappler, a media company critical of the Philippines government, is arrested

CEO of Rappler, a media company critical of the Philippines government, is arrested There’s serious concern around press freedom in the Philippines after Maria Ressa, the CEO of independent media company Rappler, was arrested last night. Ressa, who was CNN’s bureau chief in Manila and then Jakarta prior to starting Rappler in […]

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Indonesia-focused Intudo Ventures raises new $50M fund

Indonesia-focused Intudo Ventures raises new M fund Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia but a key differentiator is that it is solely focused […]

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BeliMobilGue raises $10M for its used-car sales platform in Indonesia

BeliMobilGue raises M for its used-car sales platform in Indonesia BeliMobilGue, a used car sales platform in Indonesia, has fueled up with a $10 million Series round for the race to dominate the automotive market in Southeast Asia’s largest economy. The company was started in 2017 as a joint venture between Europe’s Frontier […]

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E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain

E-commerce startup Zilingo raises 6M to digitize Asia’s fashion supply chain If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion […]

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First China, now Starbucks gets an ambitious VC-funded rival in Indonesia

First China, now Starbucks gets an ambitious VC-funded rival in Indonesia Asia’s venture capital-backed startups are gunning for Starbucks . In China, the U.S. coffee giant is being pushed by Luckin Coffee, a $2.2 billion challenger surfing China’s on-demand wave, and on the real estate side, where WeWork China has just unveiled […]

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Warung Pintar raises $27.5M to digitize Indonesia’s street vendors

Warung Pintar raises .5M to digitize Indonesia’s street vendors The digital revolution in Indonesia, Southeast Asia’s largest economy, continues to attract big money from investors. Hot on the heels of a $50 million round for Bukalapak, a billion-dollar company helping street stall traders to tap the internet, so Warung Pintar, another startup […]

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Sweet Escape connects travelers to photographers for truly Insta-worthy holiday pics

Sweet Escape connects travelers to photographers for truly Insta-worthy holiday pics The rise of smartphone cameras and social media in recent years has fuelled a new level of marking and sharing memories using photos, but one startup is betting that people are prepared to go the next level and spend money to […]

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