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Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments

TechCrunch

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. Its platform digitizes the process of ordering, managing and tracking trucks.

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Fairbanc provides BNPL for micro-merchants in Indonesia

TechCrunch

One example is Fairbanc , which is based in Singapore but focused on Indonesia. Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever. As a result, Fairbanc decided to pilot with Unilever in Indonesia instead.

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Indonesia-based Rey Assurance launches its holistic approach to insurance with $1M in funding

TechCrunch

Once someone becomes a member, they also get access to a platform of health services, including AI-based self-assessment tools, 24/7 telemedicine consultations for no added fee and pharmacy deliveries. They created Rey to address the low penetration of life and health insurance in Indonesia.

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Waste4Change is building a circular economy in Indonesia

TechCrunch

Even the largest landfills in Indonesia are at (or nearing) capacity , and the government has set an ambitious target of 30% waste reduction by 2025. Part of its strategy includes more digital integration for monitoring and recording the process of waste management and automating its material recovery facilities. “We

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SerMorpheus wants to make NFTs an everyday sight in Indonesia

TechCrunch

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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Indonesian insurtech startup Fuse gets $25M Series B extension to expand further in Southeast Asia

TechCrunch

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. The pandemic accelerated the digital transformation in the insurance industry, one of the most conservative sectors.

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BukuWarung, a startup digitizing Indonesia’s SMEs, raises new funding from Rocketship.vc

TechCrunch

BukuWarung , an Indonesian startup focused on digitizing the country’s 60 million small businesses, announced today it has raised new funding from Rocketship.vc By digitizing their financial records, companies like BukuWarung can make it easier for them to access lines of credit, working capital loans and other services.

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