Indonesia

Dompet Kilat rebrands, announces new service offerings
The Indonesian P2P lending company introduces new service offerings aimed at jumpstarting the country’s SEMs.
Tencent Cloud launches first data centre in Indonesia
Tencent Cloud, the cloud business of Tencent, has launch its first data centre in Indonesia, further emphasising its commitment to addressing the growing business needs in Indonesia and Asia.
Tier Two and three Indonesia cities to grow 5x in next 5 years: Alpha JWC Ventures
According to a new report by Alpha JWC Ventures and Kearney, tier two and their three Indonesian cities will be key contributors to Indonesia’s digital economy by 2025.
Indonesia's Pluang raises US$20 million in pre-series B round
Company to continue developing proprietary digital savings and investing products to give Indonesians more options to grow their money
ADA Appoints Suraj Gerard Sivaprasad as MD for Indonesia
With 24 years experience, Suraj will lead in helping clients transform digitally MarTech and e-Commerce solutions play critical roles as part of ADA’s new offerings
SAS: Indonesian companies becoming aware of Big Data
SAS Indonesia has seen growth year-on-year despite Covid-19 Businesses adopting Big Data, IoT to differentiate from competitors
Mobi, the online payment company in a hurry
Leveraging MDEC’s GAIN programme to penetrate overseas markets Sees Indonesia as test bed to gain experience before getting into next market
5-month young Indon startup Ula raises US$10.5mil in seed funding
The new startup hailing from Jakarta, which is modernising distribution and credit in Indonesia’s traditional retail, has raised its initial seed funding led by Sequoia India
Indonesian coffee startup Kopi Kenangan raises US$109mil Series B
Sequoia Capital-led funding will fuel the rapidly growing company’s international expansion, enhancement of staff training, and accelerating cloud kitchen development.
Indonesia’s Qoala raises US$13.5mil Series A led by Centauri Fund
Largest amount raised by Insurtech from Indonesia - led by US$150mil Centauri Fund Processed 2 mil policies per month, up from 7k per month at launch in March 2019
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Digerati50 2020-2021

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