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Indonesia’s govt officially bans direct transactions on social commerce apps
Signing Revised Permendag 50/2020, Indonesia's government has officially banned social commerce from executing direct transactions...
IDC Report: AI spending in APAC to grow to US$78.4 billion by 2027
IDC estimated that Generative AI market is poised to expand by US$3 billion by 2027...
Insurtech Bolttech bags $50m additional funds from LeapFrog
With the business expansion in over 30 markets, Bolttech contains over 700 distribution partners and...
Bank Mandiri partners with FishLog to channel a credit of US$3.2 million
Through cooperation, Bank Mandiri has channeled the credit service of Rp3,09 trillion, devoted to more...
Indonesia’s manufacturing startup Bababos completes seed fund at $3 million
Bababos has performed outstanding enhancement by reaching more than 400 SME manufacturers and intends to...
Agritech startup Koltiva bags Series A funding round
Koltiva has expanded its business reach globally in 52 countries and possesses over 1 million...
Agritech Kora seizes a $400,000 in funds from Antler and eFishery’s CEO
Kora has traded almost 11 million kilograms of corn and achieved revenue of US$2 million...
Vertex Ventures SEA and India completes Fund V worth US$541 million
In this fundraising, Vertex Ventures managed to raise fund 80% larger than the Fourth Fund...
Bagging a twofold growth annually, Otoklix continues to amplify its aftermarket service
Strengthening automotive aftermarket service, Otoklix startup will build its repair shops and explore B2B business...
Indonesia’s aquaculture DELOS closes Series A funding round
DELOS has produced and distributed thousands of tons of shrimp annually and has integrated its...
Aiming to diversify its product, Grouu bags additional funds from Teja Ventures
Grouu startup has served more than 950,000 meals this year, with the healthy food catering...
Hits first Unicorn startup in India, Zepto bags US$200m in Series E round
Zepto has enhanced its sales value up to 300% YoY and targets to reach US$1...
Launching digital gold savings, OCBC NISP targets 40,000 transactions by the end of 2023
Before officially releasing its gold investment product, OCBC NISP announced its financial performance in H1...
Telkom ties up with Kadin to provide a digital marketing platform for MSMEs through PaDi UMKM
The cooperation agreement between Telkom and Kadin opens up opportunities to explore the utilization of...
Tokocrypto’s transaction volume surges US$300 million in H1 2023
Tokocrypto reportedly has more than 400,000 active users monthly. The total number of mobile apps...
Vena Energy expands its renewable energy supply chain in Indonesia
Vena Energy is currently building a hybrid megaproject in the Riau Islands which is estimated...
Partnering with Pony.ai, Toyota China aims to mass produce driverless electric robotaxis
Toyota China signed a partnership with Pony.ai and GAC Toyota to produce large-scale robotaxi based...
