July, August & September 2019
July 2019 / August 2019 / September 2019
Indonesia’s startup news:
July 2019
- Indonesia: SweetEscape photography platform startup secures $6M Series A, aiming to build AI automation capabilities
- Indonesia: Sweet Escape platform for booking photographers raises $6M with plans for broad services expansion
- Indonesia: Kredivo payments startup gains backing from Telekomsel, in part aiming to help customers break large payments into monthlies
- Indonesia: An intro to \Startup News Asia – publishing platform and mobile-based news coverage, in Bahasa Indonesia
- Indonesia: Skala pre-seed accelerator opens applications for 2nd batch of startups, seeking 15
- Indonesia’s GGWP esports website acquired by IDN Media, aiming to make it the ESPN of e-sports
- Simona Accelerator APAC Women Founders Batch 2 applications open to September, seeking 20 startups interested in expanding to Indonesia
- Visa backs Indonesia’s Go-Jek to expand digital payments in Southeast Asia
- Indonesia: Go-Jek to offer digital insurance services via new Go-Sure service, starting with travel insurance
- Indonesia: Blibli launches BlibliPlay live-streaming video app, aiming to grow across sports, movies, music and more
- Indonesia: Raena raises $1.82M with platform to help SE Asia’s influencers launch their own consumer brands
- Indonesia: Halodoc telemedicine platform secures Bill & Melinda Gates investment, taking fundraising totalling close to $100M
- Indonesia: Pomona secures $3M with platform helping brands increase customer engagement
- Indonesia: Halosis natural language processing-based chatbot platform secures $1.2M with VA services to more thank 3K MSMEs
- Indonesia: Ralali B2B marketplace secures $13M to connect suppliers with MSMEs
- South Korea: Shinhan Financial Group preps to launch more overseas startup incubator operations in Indonesia, the US and the UK, adding to its first in Vietnam
Indonesia’s startup news:
August 2019
- Indonesia’s Pundi X enables cryptocurrency payments in Traki stores, Venezuela’s largest department store chain, via blockchain-backed POS devices
- Indonesia: Kedai Sayur raises $4M with digitised approach to traditional supply chains in buying and selling farmers’ produce
- Indonesia: Social Bella beauty platform launches bricks-and-mortar store in online-to-offline growth
- Indonesia: Jualo consumer-to-consumer marketplace with 4M monthly users acquired by Singapore’s Carro in first-of-4 growth move
- Indonesia: Regulators have closed down 826 unlicensed fintech firms so far in 2019, with aid requested from the public
- Indonesia: An overview of the biggest e-wallet apps by monthly users and downloads
- WhatsApp reportedly in talks with multiple firms to launch mobile payments in Indonesia
- Indonesia: NTT Startup Challenge 2019 set for November 20th in Jakarta – startup pitch opportunities now open for applications
- Indonesia: Grab ride-hail giant to invest $2BN across 5 years with Japan’s SoftBank to accelerate development of the country’s digital infrastructure
- Tech In Asia Conference 2019 set for 8-9 October in Jakarta, Indonesia – startup exibition booths still available
- South Korea: An intro to the 15 startups from Seoul’s Guro District as they prep for October networking tour of Indonesia’s startup ecosystem
- Vietnam’s HCM City representative suggests Singapore, Indonesia and Vietnam’s southern hub take turns holding SE Asia startup fair to develop and collaborate
Indonesia’s startup news:
September 2019
- Indonesia: Eden Farm agritech startup secures $1.7M, in part from YCombinator, to build a sustainable food distribution network
- A brief intro to the 15 startups competing in Rabobank’s SustainableAg Asia Challenge
- Indonesia: Base raises funds with women-led personalised beauty and wellness marketplace
- Indonesia: Kredivo ‘digital credit card’ and point-of-sale system gains credit line of up to $20M to fund loans for the startup’s borrowers
- Indonesia: Financial services authority launches online fintech monitoring platform to keep abreast of the industry’s rapid in-country growth
- Indonesia: SuperAtom fintech closes $24M funding round with lending and micro-loans services
- Indonesia: Duithape wins Seedstars Jakarta with e-payments solution with focus on efficient, accurate, safe and accountable payments for the unbanked
- Indonesia: Pluang fintech firm gains $3M funding in round led by Gojek’s Go-Ventures with digital platform enabling users to invest in, buy and sell gold
- Indonesia: PinjamWinWin peer-to-peer lending fintech lands funding to build on insurance-backed loans services already provided to 185M unbanked customers
- Indonesia: Julo extends $5M Series A to $15M to expand P2P lending platform regionally
- Indonesia: GoJek ride-hail giant launches GoGames platform, aiming to be a one-stop content, features, and payments platform for gaming and esports
- Indonesia: Gojek unveils Gojek Xcelerate accelerator program, in partnership with Digitaraya startup hub and seeking 20 startups for 6-month program
- MHomecare platform takes win at Indonesia-Korea Startup Demo Day 2019
- South Korea’s Shinhan Financial Group partners CoHive coworking firm to launch Shinhan Future’s Lab Indonesia, providing market entry for Korean fintechs
- Singapore-based Antler venture builder to establish Indonesia office in 2020, with sights set on boosting at least 20 local ventures annually
- Indonesia: Tokopedia, Gojek, and Grab partner with Jakarta’s government to accelerate smart city development
- Indonesia: UN Development Program partners 500 Startups for ImpactAim Indonesia to boost the country’s social entrepreneurship and startups
- Indonesia: GrabFood delivery service of SE Asia’s Grab to create upwards of 50 ‘cloud kitchens’ under new GrabKitchens plan
- Indonesia: An intro to 7 investors taking part in the Startup-Investor Speed Dating segment of the Tech in Asia Conference, set for Jakarta in October
- Indonesia: Shipper raises $5M with platform for e-commerce logistics, aiming to give online sellers access to ‘Amazon-level logistics’
- Startups from Indonesia and the Philippines make it to final 10 of 2019 Accelerate2030, a program focused on the UN Sustainable Development Goals
- Indonesia: GoJek and Warung Pintar investors buy into local bank, Bank Artos Indonesia, hinting at fintech aims with super-app ambitions
- Indonesia: Traveloka, Southeast Asia’s largest online travel startup, makes fintech move, issuing credit card in partnership with Indonesian bank
- India’s Aquaconnect wins Indonesian award for AI-driven shrimp farming tool used to identify disease
