Jakarta-based culinary startup Berry Kitchen said it has secured US$1.25 million of Series A funding from Sovereign’s Capital, a US-based venture capital firm that is focused on early growth-stage investments in Indonesia and other select markets.
The small and medium business (SMB) cloud services market in Indonesia is expected to grow at a compound annual growth rate (CAGR) of 30% in the next three years from Rp15 trillion (US$1.2 billion) in 2015 to Rp33 trillion (US$2.7 billion) by 2018.
Smaato has announced a strategic agreement with Indosat, to jointly promote and sell their mobile advertising inventories to Indonesian brands and agencies.
GrabTaxi continued its regional expansion with the launch of its beta trial in Jakarta, making Indonesia its sixth market after Malaysia, the Philippines, Thailand, Singapore and Vietnam.
Axiata Group Bhd posted a slight increase in its fourth quarter earnings and revenue, even while its Indonesian operation was going through a turbulent year.
Bilna.com, an Indonesian online shop specialising in baby and family-oriented products, has completed a new round of funding led by Tokyo-based Digital Garage Incubation.
Garuda Indonesia has introduced an ‘Inflight Connectivity’ service on board all Boeing 777-300ER flights the airline operates, starting on Oct 2.
MOL AccessPortal (MOL Indonesia), a subsidiary of MOL Global Pte Ltd, has acquired AyoPay, a leading payment service provider in Indonesia specializing in online game credits.
Cloud computing adoption in the region may have increased in the past year but several issues facing enterprises remain unresolved and could act as stumbling blocks, according to a new study by Symantec.
According to latest GfK Indonesia results across four major IT product groups – desktop PC, laptop, monitor, and printer – the corporate sector constitutes a substantial 44% and 32% in sales value and volume to the total IT market in the country.