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U.S. companies support COVID-19 relief in Indonesia, Southeast Asia

Candid

Chamber of Commerce with support from Business Roundtable — has announced commitments in support of COVID-19 pandemic relief and response efforts in Indonesia and Southeast Asia. Indonesia now accounts for approximately one in five fatalities globally as it struggles with shortages of oxygen and hospital capacity.

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Indonesian government data centers face audit after ransomware attack reveals lack of backups

TechSpot

On June 20, Indonesia's Temporary National Data Center (PDNS), which is operated by the Ministry of Communication and Information Technology, was compromised by a variant of the LockBit 3.0 malware called Brain Cipher. Like most modern ransomware, Brain Cipher exfiltrates sensitive data and encrypts it, also known as double extortion.

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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund

TechCrunch

Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This was the main idea, but the bigger thing we saw at the time was the advantage of Indonesia’s position as a large agricultural country with big potential in the seafood industry,” Aslam told TechCrunch. Series B round.

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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. Sustainability is the team’s main focus, with a demonstrated commitment to building a better future for Indonesia. Founded in 2014, Waste4Change has seen a CAGR of 55.1%

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Southeast Asian startups to watch in 2022

TechCrunch

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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Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC

TechCrunch

Ajaib Group , an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A led by Horizons Ventures, the venture capital firm founded by Li Ka-Shing, and Alpha JWC.

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Waresix acquires Trukita to connect more of Indonesia’s fragmented logistics chain

TechCrunch

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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