News

Catch up on the latest in Indonesia’s startup and tech ecosystem: Monit and GreenTeams secure fresh funding, Indokripto ...
Dear subscribers, Indonesia’s startup ecosystem is entering the second half of 2025 with a sobering reality: investor appetite remains weak. Funding in H1 2025 plunged by over 43% year-on-year, with ...
From TikTok’s officially approved Tokopedia acquisition under strict antitrust conditions to the stalled Grab-GoTo mega-merger, regulatory scrutiny is at an all-time high. On the other end, we’re also ...
Grab is issuing US$1.25 billion in senior convertible bonds due in 2030 to support M&A activities, operations, and share buybacks. The bonds are convertible to Class A shares and target non-U.S.
Danantara is reportedly exploring a minority stake in Grab’s proposed US$7 billion acquisition of GoTo Group. The involvement aims to mitigate regulatory concerns about foreign acquisition of a major ...
🚨 What's New Here are the most compelling developments from Indonesia’s startup ecosystem this past week: Indonesian OTT platform Vidio has reportedly reached unicorn status, with a valuation ...
Here are some interesting news from the regional startup ecosystem: Airwallex raised US$300 million in Series F (including US$150 million in secondary sales), bringing its total funding to over US$1.2 ...
💸 Amartha secures US$55M from global development finance institutions. Fintech platform Amartha, known for its microloans to rural women entrepreneurs, has raised US$55 million from a syndicate of ...
Toyota Motor Asia has acquired 40% of PT Astra Digital Mobil (ADMO) for US$120 million (Rp2 trillion). This move expands its partnership with Astra International into the used car market. ADMO, known ...
Indonesia’s e-commerce sector posted a stable 4.95% growth in transactions and a 6.8% increase in customers throughout 2024, aligning with a projected GMV of US$90 billion (e-Conomy SEA 2024).