October, November & December 2020
Indonesia tech news
The quarterly collection of Indonesia’s tech news, below, provides you with a brief, one-page source for Q4 2020’s tech startup news headlines from Indonesia across October, November and December of 2020, drawn from Startup News Asia’s monthly Indonesian tech news coverage and our daily tech news feeds.
Headlines listed are, like our monthly summaries, hyperlinked to the online articles behind each Indonesian tech news headline – no middle-man platforms getting in the way, no misattribution or misappropriation of ownership or authorship – which provides Indonesia’s tech enthusiasts with instant, one-click access to the news platforms and journalists responsible for each tech article featured.
October 2020 | November 2020 | December 2020
December 2020
- Indonesia’s 10% value-added tax on digital products and services from internet-based firms likely to continue regardless of whether G20 and OECD reach consensus
- Government and parliament agree that victims should be able to sue platforms for violations in handling of personal information, including data leaks
- Video: Indonesia’s Startup & Funding Landscape – a discussion session from the recent Wild Digital Southeast Asia conference
- Desty gains seed funding with 2 e-commerce products, Desty Page and Desty Store, focusing on social commerce
- Waresix acquires Trukita to boost first mile logistics, covering the portion of a supply chain where goods are transported from ports to warehouses
- Tunas Farm gains pre-seed backing with focus on urban farming, aiming to further develop IoT-based hydroponic farming systems
- OVO e-wallet and ZA Tech, overseas arm of China’s ZhongAn, partner for insurtech platform, sights set on country’s heavily underinsured population
- A brief interview intro to Dian Istanti, Head Of e-Government Sector in West Java Province, via GovInsider’s Women In GovTech Report
- Digiasia Bios, Mastercard-backed fintech startup, to raise $20M in debt funding to focus lending support on ‘warungs’, Indonesia’s mom-and-pop corner stores
- Japan’s SmartDrive fleet management startup partners Nippon Koei construction consultancy for traffic congestion relief project in Indonesia
- A brief Q&A intro to FEBE Ventures, Southeast Asia-based VC fund with a focus on the tech ecosystems in Vietnam and Indonesia
November 2020
- TelekomSel, Indonesia’s largest wireless network provider, considering $150M investment in Gojek ride-hailing giant in bid to expand digital business
- Microsoft announces plan to invest in Bukalapak e-commerce platform, reportedly $100M
- Glints HR-tech startup one of 7 startups selected by Endeavor global entrepreneurship company at Eighth Virtual International Selection Panel event
- iSeller omnichannel sales SaaS platform gains Series A with in-store POS, online storefront, payment processing, order fulfillment and inventory management
- A brief look at the country’s readiness for health-tech
- A brief overview of the country’s stats on internet access and technology use
- Investree lending platform gains $15M from Accial Capital, an impact-focused, tech-enabled VC firm, to provide loans to Indonesia’s SMEs
- Grab ride-hailing giant launches Grab Tech Center in Jakarta, aiming to develop solutions focused on SE Asia’s MSMEs
- Gojek to undergo managerial reshuffle to double down on e-wallet business in response to consumers’ shift to digital payments during pandemic
- Hangry cloud kitchen startup in talks to raise $10M-$15M Series A with 43 outlets and 5 food brands delivered across Jakarta and Bandung
- Myanmar’s UMG Idealab early-stage VC backs Indonesia’s SociaBuzz, an online marketplace connecting businesses or individuals with social media influencers, creators and talent
October 2020
- The potential for tech startups to solve the country’s 3 pain points in insurance – complicated registration, inefficient claims processing, and costly premiums
- NTT Startup Challenge 2020 Info Session set for tomorrow, October 9th
- AC Ventures venture capital firm completes first close of planned $80M technology investment fund, aiming for 30 startup investments across 3 years
- Indonesia’s Social Bella expands to Vietnam with launch of beauty e-commerce platform Sociolla
- A look at the country’s steps in Sharia-compliant fintech, with regulator OJK adapting to both a growing market and a requirement for banking without interest
- Ministry of Industry launches Startup4industry programme in new step towards Making Indonesia 4.0 roadmap ambitions
- A brief intro to the 20 early-stage startups selected for the government’s Startup Studio accelerator batch 1
- Another look at Lexipage Messenger, a homegrown alternative to WhatsApp
- Indigo Creative Nation, startup program of Telkom Indonesia, open for batch 2 applications across 6 main categories until November 13th
- HighPitch 2020 National Startup Competition applications open now, closing November 3rd, for Indonesian startups and SMEs
- Jakarta Content Week set for November 11 to 15, featuring 140 events and 300 speakers
- An intro to the 12 startups graduating from batch 7 of GK-Plug and Play Indonesia, working in analytics, AI, fashion and more
- A look at 9 agri-tech and foodtech startups set to pitch at the Asia-Pacific Agri-Food Innovation Summit, set for November 18-20
- A brief look at the 4 finalists selected for the inaugural DBS Foundation Social Impact Prize
Asia’s tech news, today
All-day technology news looking at 17 primary locations in South & Southeast Asia, Australia & New Zealand:
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