startup Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/startup/ Latest business news media headlines platform today | Lets talk Business Tue, 21 Jan 2025 07:53:21 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.5 https://heaptalk.com/wp-content/uploads/2025/04/cropped-fav-icon-48x48-1-32x32.png startup Archives - Stay Ahead with Heaptalk: Your Go-To Source for Business News https://heaptalk.com/tag/startup/ 32 32 Indonesian FaaS Banyu to ties with 500 local farmers after its $1.25mn funds injection https://heaptalk.com/news/indonesian-faas-banyu-to-ties-with-500-local-farmers-after-its-1-25mn-funds-injection/ Tue, 21 Jan 2025 07:53:21 +0000 https://heaptalk.com/?p=45779 Heaptalk, Jakarta — Indonesia’s agritech startup, Banyu, has received a fresh injection of $1.25 million seed funding led by Intudo Ventures. The capital will be strategically allocated to expanding BANYU’s seed cultivation production facilities, broadening its cultivation and export reach, and refining its high-yield seed methodologies. Initially, BANYU plans to focus expand on Sulawesi, followed by […]

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]]> Three climate-tech startups seize $645,894 prize in CIIC 2024 https://heaptalk.com/news/three-climate-tech-startups-seize-645894-prize-in-ciic-2024/ Wed, 11 Sep 2024 11:21:07 +0000 https://heaptalk.com/?p=38650 Heaptalk, Jakarta — East Ventures, in collaboration with Temasek Foundation, East Ventures, and Temasek Foundation, announced three winners of the Climate Impact Innovations Challenge (CIIC) 2024, with a total prize of US$645,894, approximately Rp10 billion. “We are glad to present Climate Impact Innovations Challenge 2024 to empower more innovations in addressing one of the most critical […]

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]]> Ed-tech Cakap records 158% growth in Q2 revenue this year https://heaptalk.com/news/ed-tech-cakap-records-158-growth-in-q2-revenue-this-year/ Fri, 16 Aug 2024 10:00:33 +0000 https://heaptalk.com/?p=37117 Heaptalk, Jakarta — Indonesia’s ed-tech startup, Cakap, has demonstrated significant growth, proving that the education business in Indonesia remains in demand despite global challenges. “In the first half of 2024, the entire Cakap team has achieved remarkable milestones with a positive trend through healthy business development. This reflects our commitment to continue growing through relevant innovations […]

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]]> Reku hits a three-fold growth after a year of staking feature debut https://heaptalk.com/news/reku-hits-a-three-fold-growth-after-a-year-of-staking-feature-debut/ Fri, 26 Jul 2024 10:34:03 +0000 https://heaptalk.com/?p=35763 Heaptalk, Jakarta — Indonesia’s crypto trading startup Reku recorded a threefold business improvement following the official launch of the staking feature in June last year. As an optimization strategy for users’ crypto assets, this startup revealed that the Staking feature could be an option for crypto investors facing volatile conditions. This feature enables users to […]

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]]> Singapore’s fintech Partior accomplishes $60M+ Series B round https://heaptalk.com/news/singapores-fintech-partior-accomplishes-60m-series-b-round/ Tue, 16 Jul 2024 02:21:11 +0000 https://heaptalk.com/?p=34975 Heaptalk, Jakarta — Singapore-based fintech Partior announced the first close of a US$60M+ Series B round led by Peak XV Partners and supported by Valor Capital Group and Jump Trading Group as new investors. Existing investors, such as J.P. Morgan, Standard Chartered, and Temasek, joined the funds. This new funding round will enable new capabilities […]

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]]> Ties with 100 brands, Supermom startup eyes 100% annual revenue bump in 2024 https://heaptalk.com/news/ties-with-100-brands-supermom-startup-eyes-100-annual-revenue-bump-in-2024/ Tue, 11 Jun 2024 07:00:51 +0000 https://heaptalk.com/?p=32812 Heaptalk, Jakarta — Supermom, Southeast Asia’s parenting data network startup, forecasted a 100% increase in revenue through its business expansion effort across Southeast Asia, particularly Indonesia, for 2024. This startup also builds high-value communities in Malaysia, Thailand, and Vietnam to amplify its regional business performance. The business plan disclosure comes alongside the appointment of Hellen […]

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]]> Dekoruma, Garasi.id, and Sweet Escape reveal best practices in implementing crowdsourcing   https://heaptalk.com/insight/dekoruma-garasi-id-and-sweet-escape-reveal-best-practices-in-implementing-crowdsourcing/ Sat, 08 Jun 2024 08:36:28 +0000 https://heaptalk.com/?p=32727 Heaptalk, Jakarta – Amidst today’s tech winter, crowdsourcing has become a super attractive business model for entrepreneurs and investors perceiving its benefit, which can lower the cost for human resources. However, in implementing this method, the execution of the project is mostly carried out by the partner, and mismatching between consumers’ expectations and the partner’s […]

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]]> Completes USD15mn round, Biotech startup Allozymes to boost its enzymatic solutions https://heaptalk.com/news/completes-usd15mn-round-biotech-startup-allozymes-to-boost-its-enzymatic-solutions/ Wed, 15 May 2024 05:33:46 +0000 https://heaptalk.com/?p=30623 Heaptalk, Jakarta — Singapore’s startup in enzyme discovery and engineering, Allozymes, has completed Series A funding worth US$15 million led by Seventure Partners of France and Xora Innovation of Singapore. Several investors also back the round, including NUS Technology Holdings and Thia Ventures as new investors. While SOSV and Entrepreneur First also participate in the […]

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]]> Mandiri Capital Indonesia unveils Xponent programs for startups overseas https://heaptalk.com/news/mandiri-capital-indonesia-unveils-xponent-programs-for-startups-overseas/ Mon, 29 Apr 2024 07:38:17 +0000 https://heaptalk.com/?p=28856 Heaptalk, Jakarta — Mandiri Capital Indonesia (MCI) has successfully launched its initial overseas Xponent program in Bangkok, Thailand. This program has engaged 95 startups across three batches, signed 12 MoUs, and involved 25 business units within Bank Mandiri and its subsidiaries. In performing the program, the Chief Executive Officer of Mandiri Capital Indonesia, Ronald Simorangkir, delivered […]

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]]> Logistic startup TransTRACK refines a 344% in revenue growth in 2023 https://heaptalk.com/news/logistic-startup-transtrack-refines-a-344-in-revenue-growth-in-2023/ Fri, 26 Apr 2024 06:04:21 +0000 https://heaptalk.com/?p=28564 Heaptalk, Jakarta — A logistic startup, TransTRACK, demonstrated its excellent business performance by growing its revenue up to 344% and increasing its customer fleet units by 214% in 2023. Additionally, this tech startup saw an average monthly revenue enhancement of 14% and a corresponding 12% increase in the average monthly number of customer fleet units. This […]

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]]> Indonesia’s Jago Coffee accomplishes Series A round at US$6 million https://heaptalk.com/news/indonesias-jago-coffee-accomplishes-series-a-round-at-us6-million/ Wed, 17 Apr 2024 09:37:50 +0000 https://heaptalk.com/?p=28066 Heaptalk, Jakarta — Indonesia’s coffee chain, Jago Coffee, has completed a Series A investment of US$6 million, approximately Rp97 billion, led by its existing investors, including Intudo Ventures and BEENEXT Accelerate. Other strategic investors, such as ORZON Ventures and D Global Ventures, backed this round. Prior to this latest funding round, Intudo Ventures and BEENEXT had […]

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]]> Indonesia’s fishery FishLog nets Pre-Series A funding https://heaptalk.com/news/indonesias-fishery-fishlog-nets-pre-series-a-funding/ Thu, 04 Apr 2024 08:17:06 +0000 https://heaptalk.com/?p=26937 Heaptalk, Jakarta — Indonesia’s fisheries startup, FishLog, has closed its Pre-Series A extension round funding from multiple strategic investment firms, including Mandiri Capital Indonesia, BNI Ventures, Accel Partners, Insignia Ventures Partners, and Saison Capital. The funds raised enable this startup to elevate fisheries’ businesses and stakeholders and amplify its cold chain ecosystem. A particular focus […]

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]]> Edtech PINTAR seizes Pre-Series A round of USD3 million https://heaptalk.com/news/edtech-pintar-seizes-pre-series-a-round-of-usd3-million/ Mon, 18 Mar 2024 10:56:31 +0000 https://heaptalk.com/?p=25553 Heaptalk, Jakarta — Indonesia’s ed-tech startup PINTAR has completed a Pre-Series A funding round of US$3 million, approximately Rp47 billion, from Havez Capital and SIG Venture Capital. This startup will allocate fresh capital to bolster around 110 million Indonesian workforces to quit the middle-income trap by improving their skills and credibility through technology assistance. “We […]

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]]> Rekosistem startup escalates its waste management service of 84.2% in 2023 https://heaptalk.com/news/rekosistem-startup-escalates-its-waste-management-service-of-84-2-in-2023/ Fri, 08 Mar 2024 08:56:26 +0000 https://heaptalk.com/?p=24558 Heaptalk, Jakarta — Indonesia-based climate tech startup Rekosistem recorded its multiple milestones by tackling about 35,000 tons of waste in 2023, an increase of approximately 84.2% compared to 2022. As a result, Rekosistem’s recycling waste management produced around 13,100 tons, an increase of 435% compared to 2022. Aside from managing a significant amount of recycled […]

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]]> AI startup Ai Palette seizes US$4million from Tin Men Capital https://heaptalk.com/news/ai-startup-ai-palette-seizes-us4million-from-tin-men-capital/ Fri, 08 Mar 2024 08:50:52 +0000 https://heaptalk.com/?p=24373 Heaptalk, Jakarta — A Tech startup that enables Consumer Packaged Goods (CPG) companies to create consumer-winning products using Artificial Intelligence (AI) and Machine Learning, Ai Palette has accomplished a new injection worth US$4 million from Singapore’s Tin Men Capital. This investment is claimed to complete a total of US$5.8 million in this Series A1 round. […]

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]]> Komerce startup grabs undisclosed seed round from Bukalapak’s founder and 500 Global https://heaptalk.com/news/komerce-startup-grabs-undisclosed-seed-round-from-bukalapaks-founder-and-500-global/ Tue, 27 Feb 2024 09:01:05 +0000 https://heaptalk.com/?p=23841 Heaptalk, Jakarta — An end-to-end commerce enabler startup, Komerce, bags undisclosed seeds funding from Bukalapak’s Founder, Achmad Zaky and vc firm 500 Global. This startup will handle its fresh capital to advance products and acquire new users. Responding to the funding, the CEO of Komerce, Nofi Bayu Darmawan, stated that the management will focus on expanding […]

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]]> Launching new credit card, SkorLife and Bank Mayapada target 25 million users in Indonesia https://heaptalk.com/news/launching-new-credit-card-skorlife-and-bank-mayapada-target-25-million-users-in-indonesia/ Wed, 21 Feb 2024 09:04:32 +0000 https://heaptalk.com/?p=23610 Heaptalk, Jakarta — SkorLife startup and Bank Mayapada collaborated to launch their official card, the Mayapada Skorcard credit card. Developed through strategic partnership, the credit card aims to serve the underserved mass-affluent segment in Indonesia. With a current credit card penetration below 3% in a population of over 270 million, this credit card is expected to […]

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