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The Modalku Group announced a series C+ funding round of $144 million (approximately 2.06 trillion Rupiah) led by Softbank Vision Fund 2, with participation from VNG Corporation, Rapyd Ventures, EDBI, Indies Capital, Ascend Vietnam Ventures, ...
Having previously announced the acquisition of a series C funding of $80 million (over 1.1 trillion Rupiah), business liaison software solutions provider startup Lummo announced the participation of Jeff Bezos in the same funding round. ...
Startup developer of micro-mobility services “Beam” announced its plans to enter the Indonesian market. The move comes after the company secured a $93 million Series B funding led by Affirma Capital. A number of other ...
Professional networking and job search platform KitaLulus, successfully secured early-stage funding led by Go-Ventures. This round was also attended by several angel investors including Phil Opamuratawongse (Shipper), JJ Chai (Rainforest), Aldi Haryopratomo, YC Ng (AC ...
Car showroom financing startup Broom announced the acquisition of pre-seed funding of $3 million or more than 43 billion Rupiah. The round was led by AC Ventures, with participation from Quona Capital and several angel ...
The increasing number of e-commerce rollup business models or brand aggregators in Indonesia is being used by various startups to provide a platform for D2C entrepreneurs to strengthen their business. One platform that is trying ...
Digital asset platform developer startup StraitsX announced the presence of a business account for the XIDR stablecoin in Indonesia. This business account provides affordable, easy, accessible, and developer-friendly digital asset infrastructure and solutions for SMEs ...
Fore Coffee will boost the expansion of new outlets in Indonesia this year in order to accelerate its business growth. This coffee chain startup targets the addition of a maximum of 100 new outlets and ...
The large demand from tier 2 and 3 cities for local fashion products is a strong reason for the Selleri platform to be launched. Founded in June 2021, the focus is on empowering resellers and ...
The MSME sector, including stalls, has grown rapidly in recent years even in the midst of a pandemic. According to data released by Indonesian MSMEs, this sector contributes to GDP an average of 57.8% per ...
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