TechCrunch

SEPTEMBER 12, 2021

Rey was founded this year by Evan Tanotogono, former head of digital channel at Sequis, one of Indonesia largest insurers, and Bobby Siagian, who held lead engineering roles at companies including Tokopedia and Sea Group. They are joined by insurance industry veteran David Nugrho as their chief business officer. .

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Indonesia Fund Policy Channel 95

TechCrunch

SEPTEMBER 23, 2022

While Indonesia isn’t the most crypto active in the region — total crypto value received was less than half of Thailand’s from July 2021 to June 2022, according to Chainalysis — the country is thought to hold huge potential for web3 adoption, thanks to a young and sizable (270 million) population as well as a vibrant Web 2.0

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Indonesia Asia Thailand Vietnam 75

TechCrunch

SEPTEMBER 14, 2022

Fazz will use the round to continue building out its business accounts, which include payment, savings and credit features. It plans to double its transaction volumes over the next 12 months, and expand its teams in Singapore, Indonesia, Malaysia, Vietnam and Taiwan from 800 employees to 1,400.

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Business Indonesia Raise Malaysia 98

TechCrunch

DECEMBER 13, 2021

Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. Fuse uses mobile applications to offer an agent-focused service, B2A (Business to Agent/ Broker).

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Asia Indonesia Vietnam Thailand 131

TechCrunch

NOVEMBER 2, 2020

Logisly , a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has raised $6 million in Series A funding to help streamline logistics in Indonesia. ” Shipper, a platform for e-commerce logistics in Indonesia, raises $5 million. .”

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Indonesia Platform Raise Digital 109

TechCrunch

DECEMBER 28, 2021

It’s the easiest option when I’m trying to be succinct, but Southeast Asia consists of 11 countries, and obviously there are huge differences between, say, Singapore, Myanmar, Laos, Vietnam, the Philippines and Indonesia. A close look at Singapore’s thriving startup ecosystem. million people.

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Indonesia Asia Singapore Aggregator 122

TechCrunch

MAY 19, 2022

Xendit now has over 3,000 customers, including Samsung Indonesia, GrabPay, Ninja Van Philippines, Qoala, Unicef Indonesia, Cashalo and Shopback. For people who aren’t familiar with Southeast Asia’s fragmented payments landscape and the challenges its poses for businesses, Wijaya explained that “while the U.S. In the U.S.,

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TechCrunch

MAY 11, 2021

Singapore-based Aspire , which wants to become the financial services “one-stop shop” for SMEs, announced that its business accounts have reached $1 billion in annualized transaction volume one year after launching. We can go in and say we offer all-in-one financial tools for growing businesses,” he said.

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Business Singapore Asia Vietnam 94

The Verge

SEPTEMBER 16, 2021

WhatsApp is piloting a new business directory in São Paulo, Brazil that lets users find local shops and services with a presence on the app, the service’s head Will Cathcart has announced. Reuters reports that the test will include thousands of businesses in the city. link] — Will Cathcart (@wcathcart) September 15, 2021.

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Business Test Brazil India 84

TechCrunch

DECEMBER 22, 2020

But in markets like Indonesia, many still use digital wallets or e-commerce platforms, creating alternative sources of user data that can help them secure working capital and other financial tools. Currently in beta mode with more than 20 clients, Finantier is busy getting ready to officially launch.

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Singapore Open Indonesia Asia 107

TechCrunch

SEPTEMBER 2, 2021

Its products currently include motor and travel insurance policies that can be purchased online, and Sunday Health for Business, a healthcare coverage program for employers. The new funding will be used to expand in Indonesia and develop new distribution channels, including insurance agents and SMEs.

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Indonesia Thailand Asia India 98

TechCrunch

JUNE 9, 2021

BukuWarung , a fintech focused on Indonesia’s micro, small and medium enterprises (MSMEs), announced today it has raised a $60 million Series A. The oversubscribed round was led by Valar Ventures, marking the firm’s first investment in Indonesia, and Goodwater Capital.

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Indonesia Singapore Digital Fund 101

TechCrunch

MAY 29, 2022

Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. As in many countries around the world, on-demand delivery got a boost during the COVID-19 pandemic in Indonesia. The e-grocery delivery market in Indonesia is projected to reach $6 billion by 2025.

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South Korea Indonesia Work Raise 101

TechCrunch

DECEMBER 13, 2022

Soeherman’s uncle ran an agricultural supplies business, which gave him a look into the difficulties faced by farmers while he was growing up. In Indonesia, there are 33 million farmers and the majority are aged over 45 years. If nothing changes, within 10 years Indonesia will experience a farmer regeneration crisis.”.

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Process Indonesia Support Statistics 93

TechCrunch

DECEMBER 16, 2020

Trukita has an extended network of over 10,000 trucks, and the combination of the two companies means it is “now one of the largest logistics technology providers in Indonesia,” said co-founder and chief executive officer Andree Susanto. to advance its push to digitize logistics in Indonesia. Waresix hauls in $14.5M

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Indonesia Asia License Database 101

TechCrunch

DECEMBER 7, 2021

Flip , an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. Flip is Insight Partners’ first investment in Indonesia. . Arriyan, Luqman Sungkar and Ginanjar Ibnu Solikhin co-founded the company in 2015 while studying at University of Indonesia.

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Indonesia Support India Fund 82

TechCrunch

OCTOBER 13, 2022

Focused on Southeast Asia, Ayoconnect ’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. It is also licensed by Indonesia’s central bank, enabling it to offer more services.

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Asia API Indonesia Open 90

TechCrunch

MARCH 4, 2021

SiCepat , an end-to-end logistics startup in Indonesia, announced today it has raised a $170 million Series B funding round. The logistics industry in Indonesia is highly fragmented , which means higher costs for businesses. Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain.

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Indonesia Raise Asia Fund 102

TechCrunch

MARCH 22, 2023

Kredivo Holdings , which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. He added that Kredivo now drives 3% to 4% of total GMV for its top e-commerce merchants in Indonesia, compared to 15% to 20% from credit cards.

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Indonesia Asia Offline Vietnam 87

TechCrunch

SEPTEMBER 21, 2021

The funding will be used on hiring, enhancing Evermos’ recommendation engine and other AI-based tech, and entering new regions in Indonesia. Its goal is to reach more than one million resellers throughout Indonesia over the next five years. For example, it has to be halal, if it’s fashion it has be modest fashion.”.

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TechCrunch

MARCH 2, 2021

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. According to research institution Statistics Indonesia, there are about 5 million small and medium-sized manufacturers in Indonesia. Indonesia’s Kargo comes out of stealth with $7.6M

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Indonesia Raise Offline Statistics 87

TechCrunch

JULY 12, 2021

If you follow startup news from Indonesia, you know that the country’s estimated 60 million small businesses are a hot target for tech companies. It says more than 100,000 small businesses are already using Bukugaji. Bukugaji is designed to be fully self-service, so businesses can download and start using the app on their own.

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Indonesia Digital Raise Pennsylvania 100

TechCrunch

APRIL 27, 2023

The microfinancing platform connects investors with small businesses using mudarabah, a shariah-compliant profit-sharing agreement. Indonesia emerged as the best choice. Indonesia and Malaysia, in the heart of Southeast Asia, are among the countries with the largest Muslim populations in the world. out of its 33.6

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Indonesia Malaysia Profit Asia 98

TechCrunch

JANUARY 12, 2021

The backbone of Indonesia’s economy are small- to medium-sized businesses, which account for 60% of its gross domestic product. Many still rely on manual bookkeeping, but the impact of COVID-19 has driven small businesses to digitize more of their operations. Eventually, it wants to launch a SME-focused digital bank.

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India Indonesia Software Raise 81

TechCrunch

MAY 7, 2021

GajiGesa , a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. GajiGesa is part of a new wave of startups focused on digitizing the 60 million small businesses in Indonesia.

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Indonesia India Asia Accessibility 95

TechCrunch

DECEMBER 14, 2022

Approximately 200 D2C brands have already started using Plugo’s beta service in Indonesia. The Singapore-based startup with offices in Indonesia and South Korea intends to launch its service officially in Indonesia in the first quarter of next year. Bang founded Plugo two months ago with five founding members.

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Asia Indonesia Platform Support 79

TechCrunch

SEPTEMBER 14, 2021

The other one is expanding out to fintech companies—for example, there’s been a big uptick in Indonesia, especially accounting platforms. Xendit’s solutions let businesses accept payments from many of these methods through three integration options. “One big segment are SMEs.

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Philippines Global Indonesia Fund 99

The Verge

DECEMBER 3, 2020

Google is allowing submissions initially in Toronto, New York, Austin, Nigeria, Indonesia, and Costa Rica. Google will also use this imagery to update Google Maps with information like new businesses or publicly posted open hours, and the company will apply its standard Street View privacy features to blur out faces and license plates.

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TechCrunch

MARCH 30, 2021

To get more data for its latest Southeast Asia Tech Talent Compensation report, which covers startup hiring in Singapore, Indonesia and Vietnam, Monk’s Hill Ventures teamed up with Glints , one of its portfolio companies. Commercially in Southeast Asia, you can’t stay in a single market unless it’s maybe Indonesia,” said Yeo. “If

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Vietnam Indonesia Singapore Asia 98

TechCrunch

MAY 21, 2021

Founded in 2016, TaniHub now has more than 45,000 farmers and 350,000 buyers (including businesses and consumers) in its network. Agritech startup TaniGroup raises $10M to help Indonesia’s farmers grow. It does this through three units: TaniHub, TaniSupply and TaniFund. Rakuten and Beyond Next invest $1.4M

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Group United Arab Emirates Platform Indonesia 100

TechNode

DECEMBER 6, 2023

TikTok is reportedly nearing a deal that will help the short video app restart e-commerce operations in Indonesia, its second-largest market, nearly three months after it suspended its shopping feature in fear of being banned by the Indonesian government. Bloomberg ]

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Indonesia Local Pledge Government 52

TechCrunch

MARCH 30, 2021

Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6

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Singapore Asia Business Malaysia 78

TechCrunch

MAY 3, 2021

It will be used to increase the number of Hangry’s outlets in Indonesia, including launching its first dine-in restaurants, over the next two years before it enters other countries. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers.

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Indonesia Global Companies Asia 96

TechCrunch

JUNE 8, 2021

This is the start of a vicious and costly debt cycle that has a long-lasting negative impact on individual financial well-being, which in turn impacts businesses with higher turnover, lower productivity and more employee loans,” Fischer said. In Indonesia, wagely’s competitors include GajiGesa and Gajiku.

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Accessibility Service Platform Indonesia 99

TechCrunch

FEBRUARY 9, 2022

Brick currently operates primarily in Indonesia, but is planning to expand into Singapore and the Philippines before eventually covering all markets in Southeast Asia. Its third-largest vertical are bookkeeping and accounting apps used by businesses. Inside Plaid’s plans to build a new, global finance network.

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Asia Open Indonesia Philippines 82

TechCrunch

FEBRUARY 2, 2021

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc Other companies serving SMEs in Indonesia, Southeast Asia’s largest economy, include BukuKas and CrediBook. and an Indonesian retail conglomerate. Rocketship.vc

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Digital Fund Indonesia Raise 89

The Next Web

AUGUST 30, 2013

My first post in this series described how businesses should start when considering expansion into Asia, which is home to some of the largest and fastest growing markets in the world. A company cannot hire out of a hub city like Singapore and expect those individuals to cover Indonesia, India, Thailand, and the Philippines.

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