TechCrunch

OCTOBER 13, 2022

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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Indonesia Build Environment NGO 87

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. Indonesian supply chain startup Advotics raises $2.75M led by East Ventures. million round.

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Indonesia Raise Asia Fund 102

TechCrunch

MAY 8, 2022

Atma , an Indonesian startup that wants to make job hunting less painful, announced today it has raised $5 million in pre-seed funding led by AC Ventures, with participation from Global Founders Capital. Atma says up to over 100 million people in Indonesia fit into this category.

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Indonesia Job Search Application 78

TechCrunch

JANUARY 10, 2022

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund.

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India Indonesia Fund Raise 97

TechCrunch

JANUARY 6, 2021

Bibit , a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Other investment apps in Indonesia tapping into growing demand for retail investment producgts include Bareksa and SoftBank Ventures-backed Ajaib.

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India Indonesia Raise Fund 101

TechCrunch

MARCH 15, 2022

Wagely , an earned wage access (EWA) platform based in Jakarta and Dhaka, has raised $8.3 Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M. It brings wagely’s total raised to $14 million since it was launched in 2020. Many of these corporates fit into the target profile of wagely customers.

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Bangladesh Accessibility Indonesia Platform 98

TechCrunch

MARCH 28, 2021

The startup, which claims to run the fourth largest stock brokerage in Indonesia based on number of trades, announced the $25 million first closing of its Series A in January. In Indonesia, less than 1% of the population own stocks , but that number is increasing, especially among millennials.

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Indonesia Raise Asia India 99

TechCrunch

FEBRUARY 23, 2021

The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the Philippines. GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round.

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Asia Student Education Philippines 102

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. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million.

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Asia Indonesia Vietnam Thailand 131

TechCrunch

MAY 2, 2021

Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India. According to Indonesia’s Financial Services Authority (Otoritas Jasa Keuangan), the number of retail investors grew 56% year-over-year in 2020. million, based on data from the Indonesia Stock Exchange and Central Securities Custodian.

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India Indonesia Raise Time 103

TechCrunch

AUGUST 19, 2021

The startup, which says it is the country’s largest direct-to-consumer insurance marketplace, announced today it has raised a $9 million Series A. The new funding brings its total raised to $12 million. We are really at a tipping point for GDP per capita and a lot of insurance carriers are focusing more on Indonesia,” said Ficari.

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Raise Indonesia Policy India 106

TechCrunch

JANUARY 12, 2022

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. Bibit raises another growth round led by Sequoia Capital India, this time for $65M. million registered users in Indonesia, and says that from January 2020 to November 2021, it marked 22x growth in monthly transacting users and 28.5x

Indonesia 85

Indonesia Raise Literacy Asia 85

TechCrunch

DECEMBER 28, 2021

Backed by international LPs, Southeast Asia-focused venture firms like Alpha JWC , AC Ventures and Jungle Ventures raised their largest funds yet. And Indonesia in particular warrants special attention, as the fourth-largest economy in the world and the most populated Southeast Asian country with 273.5 million people.

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Indonesia Asia Singapore Aggregator 122

TechCrunch

SEPTEMBER 14, 2022

Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. Southeast Asian fintech Fazz raises $100M Series C to serve businesses of all sizes by Catherine Shu originally published on TechCrunch.

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Business Indonesia Raise Malaysia 98

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.

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Digital Fund Indonesia Raise 89

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. BukuKas and BukuWarung , for example, both recently raised large rounds to fuel their race to digitize SMEs’ operations. The company announced today it has raised $4.8

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Indonesia Digital Raise Pennsylvania 100

TechCrunch

JULY 15, 2021

And today, one such company, Play2Pay , has raised $13 million in a Series A round of funding. Play2Pay was bootstrapped for the first five years of its life, raising its first external capital in June of 2020 — a $7.5 TIM in Brazil, lndosat Ooredoo in Indonesia and U.K.-based based Lycamobile.

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Mobile Raise Indonesia Brazil 100

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

NOVEMBER 2, 2021

Una Brands , the e-commerce aggregator focused on Asia-Pacific brands, announced today it has raised $15 million for its Series A. Besides raising equity, Una also extended its debt facility size from Claret Capital. “We E-commerce aggregator Rainforest raises $20M just months after its last funding.

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Aggregator Raise Asia Indonesia 95

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

JUNE 8, 2021

Today, Indonesian EWA startup wagely announced it has raised $5.6 In Indonesia, wagely’s competitors include GajiGesa and Gajiku. Fischer said wagely “created the earned wage access category in Indonesia,” and is the market leader with more than 50 large companies, including state-owned enterprises and multi-national conglomerates.

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Accessibility Service Platform Indonesia 99

TechCrunch

JULY 21, 2021

This brings GudangAda’s total raised so far to about $135 million. Founded in January 2019, GudangAda is now used by half a million SMEs and covers 500 cities in Indonesia. Before raising its Series B, it had already grown to $6 billion in net merchandise value on $35 million of funding. Its last funding was a $25.4

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Indonesia Fund Raise India 76

TechCrunch

SEPTEMBER 7, 2021

The startup announced today it has raised a seed extension of $1.5 The funding brings Jeff’s total raised to about $2.5 Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia. Jeff raises $1M to build alternative credit scoring and other fintech products for Southeast Asia.

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Comparison Vietnam Raise Asia 98

TechCrunch

NOVEMBER 12, 2020

Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. Railsbank raises $10M Series A for its open banking and compliance platform.

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Sri Lanka Service Fund Raise 115

TechCrunch

OCTOBER 25, 2021

The company announced today it has raised a $4.29 million seed round led by Wavemaker Partners, which it says is the largest seed round ever raised in Malaysia, based on data from Crunchbase. Based in Kuala Lumpur, Poladrone wants to change the way farms use pesticides with a combination of drones and automation and analytics software.

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Malaysia Raise Thailand Indonesia 109

TechCrunch

JULY 7, 2021

Many teachers and parents in Indonesia rely on WhatsApp to keep in touch, creating “multiple groups that often become messy and highly ineffective, and result in confusion or lost threads,” says Rizky Aniez, the co-founder and chief executive officer of Gredu. InfraDigital helps Indonesian schools digitize tuition and enrollment.

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Student Indonesia Raise Education 88

TechCrunch

JANUARY 17, 2023

Komunal is reaching out to Indonesia’s rural customers by going where they are. Founded in 2019, the startup announced today it has raised $8.5 The company also announced it has appointed Dr. Peter Jacobs, a former executive director of Bank Indonesia, as its commissioner, and will continue to hire for senior positions.

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Digital Raise Indonesia Asia 80

TechCrunch

SEPTEMBER 2, 2021

Sunday , an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. The new funding will be used to expand in Indonesia and develop new distribution channels, including insurance agents and SMEs. Indonesian D2C insurance marketplace Lifepal raises $9M Series A.

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Indonesia Thailand Asia India 98

TechCrunch

JANUARY 12, 2021

BukuKas , one of several startups helping SMEs go online, announced today it has raised a $10 million Series A led by Sequoia Capital India. BukuKas was founded by chief executive officer Krishnan Menon and chief operating officer Lorenzo Peracchione, who met eight years ago while working at Lazada Indonesia.

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India Indonesia Software Raise 81

TechCrunch

NOVEMBER 10, 2021

Indonesia-based startup GoTo Group announced today it has secured more than $1.3 billion transactions in 2020, with gross transaction value of over $22 billion, contributing to more than 2% of Indonesia’s GDP. Indonesia has more than $1 trillion in GDP with a population of 270 million. Goto Group claims that it generated over 1.8

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Group Indonesia Asia Raise 86

TechCrunch

JULY 29, 2021

Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA ’s Series C, which currently totals $56.4

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Platform Asia Raise Philippines 102

TechCrunch

MARCH 2, 2021

Indonesia’s Xendit , a startup focused on building digital payments infrastructure for the region, has just raised $64.6 The funding brings the total amount raised by the Jakarta-based company to $88 million since its 2015. And Southeast Asia is no exception. million in a Series B led by Silicon Valley heavyweight Accel.

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Asia Raise Philippines Indonesia 99

TechCrunch

DECEMBER 7, 2020

The company’s Series B, which brings its total raised since 2017 to $41 million AUD, will be used to expand in Southeast Asia and double its total team by hiring 100 new people, including 50 software developers. ” co-founder and co-chief executive officer William On told TechCrunch.

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Global Asia Australia Platform 108

TechCrunch

FEBRUARY 2, 2021

The startup announced today it has raised a $5 million Series A led by Monk’s Hill Venture. The funding will be used to expand in the Asia-Pacific region, including Indonesia, the Philippines, Malaysia and Indonesia, and to add new features in response to demand from hospitals and healthcare organizations during COVID-19.

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Singapore Indonesia Raise Malaysia 103

TechCrunch

JANUARY 11, 2021

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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Indonesia Platform Asia India 95

TechCrunch

JUNE 4, 2021

Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa’s total raised to $4.5 million since it launched in 2019. Co-founder and chief executive officer James Roring M.D.,

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Raise Indonesia Consultant Guidelines 91

TechCrunch

JANUARY 12, 2021

Zipmex , a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. Along with earlier funding, it brings the total Zipmex has raised so far to $10.9 The exchange is regulated in Singapore, Australia and Indonesia, and licensed in Thailand.

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Asia Thailand Digital Singapore 98