Collected news from Indonesia’s startup scene across the first month of 2020. January’s startup news from Indonesia gathers items reported online in English-language media across technologies such as fintech, and startups working in spaces including mobile payments, e-commerce, wearable technology and more.
Tech news from Indonesia can also be read online in monthly startup news collections and quarterly news round-ups.
- Indonesia’s central bank reportedly may impose fixed fees on some e-wallet transactions
- Indonesia: Will credit cards be overtaken by PayLater services in 2020, given 2019’s adoption by mobile wallet and e-commerce players?
- Indonesia: SVARA media and broadcasting startup raises pre-A funding, in part via Myanmar’s UMG Idealab corporate VC firm
- Huobi Indonesia adds fiat-to-crypto gateway, increasing offering to 250 cryptocurrencies
- Indonesia: Waresix gains additional $11M extended Series A to connect shippers and businesses with available trucks and warehouse space across Indonesia
- Indonesia: Hacktiv8 bootcamp for developers raises $3M pre-A wtih solution turning absolute beginners into job-ready web developers in 12 weeks
- Indonesia: Akseleran fintech startup raises $8.55M Series A with MSME-focused peer-to-peer lending
- ICYMI: Indonesia set to become Southeast Asia’s biggest stock market, overtaking Singapore and Thailand
- Indonesia: Moladin startup raises pre-series A with one-stop motorcycle e-commerce platform, spanning information, financing, purchasing and after-sale
- Indonesia: Amazon Web Services to build infrastructure region and 3 availability zones in Jakarta by end of 2021 or early 2022
- Indonesia: Gredu education-tech startup secures pre-A funding from Vertex Ventures, VC arm of Singapore’s state-owned Temasek Holding
- Indonesia: Grab ride-hailing giant partners Hyundai to launch GrabCar Elektrik, electric taxi service based out of Soekarno-Hatta International Airport
- Indonesia: ZULU wearable tech firm confirms investment from Gojek
- Indonesia: Blibli e-marketplace opens cashless, cashier-less bricks-and-mortar store, taking their cue from Amazon Go
- An intro to 5 startups selected for the People Matters TechHR Startup Program 2020, working on aspects of employment
- Anyplace, online marketplace offering extended stays without long-term commitment, expanding to APAC, partnering Singapore’s lyf and Indonesia’s Outpost
