LogisticsIndonesian logistics startup Waresix closes $100 mn funding roundPritam BordoloiSeptember 10, 2020 by Pritam BordoloiSeptember 10, 2020 Participating investors include Softbank Ventures Asia and Indonesian conglomerate Emtek... Read more
Real EstateSoutheast Asia’s leading proptech PropertyGuru secures $220 mn fundingPritam BordoloiSeptember 9, 2020September 9, 2020 by Pritam BordoloiSeptember 9, 2020September 9, 2020 The company will use the funds to expand in Southeast Asia... Read more
FeaturedPorts and ShippingIndonesia requires $47 bn for port developmentInternational Finance Business DeskSeptember 2, 2020 by International Finance Business DeskSeptember 2, 2020 The investment requirement to develop ports from Sumatra to Papua is based on the master plan for national ports... Read more
InsuranceIndonesian insurtech PasarPolis secures $54mn in Series B fundingPritam BordoloiSeptember 2, 2020 by Pritam BordoloiSeptember 2, 2020 Investors such as LeapFrog Investments, SBI Investment, and Xiaomi participated in the funding round... Read more
FintechAfterpay plans to expand in Asia through Empatkali acquisitionPritam BordoloiAugust 28, 2020 by Pritam BordoloiAugust 28, 2020 The fintech plans to expand its business in four continents including Asia... Read more
EconomyIndonesia to see a GDP contraction of -2% in Q3: Finance MinisterPritam BordoloiAugust 27, 2020 by Pritam BordoloiAugust 27, 2020 Indonesia’s GDP growth decelerated at 5.32% in Q2... Read more
FintechIndonesia-based BukuKas secures $9 mn pre-Series A fundingPritam BordoloiAugust 20, 2020 by Pritam BordoloiAugust 20, 2020 Investors that participated in its funding round include Sequoia India and Credit Saison... Read more
FeatureTechnologyIndosat Ooredoo, NetFoundry partner to launch NaaS in IndonesiaInternational Finance Business DeskAugust 11, 2020 by International Finance Business DeskAugust 11, 2020 Indosat Ooredoo serves thousands of top enterprises in the country addressing their business networking and cloud connectivity needs... Read more
FeaturedTechnologyIndonesia-based ride hailing giant Gojek lays off 9% of its workforcePritam BordoloiJune 24, 2020 by Pritam BordoloiJune 24, 2020 Around 430 employees to lose their job, mostly in Indonesia... Read more
EconomyFeaturedIndonesia’s economy to contract by 1.0% in 2020: ADBPritam BordoloiJune 22, 2020June 22, 2020 by Pritam BordoloiJune 22, 2020June 22, 2020 The bank also forecasts that economic growth would reach 5.3% in 2021... Read more