startups in indonesia

Pitching your startup to an investor? First, check if they’re still active in your market.

Here are the companies in Indonesia that are attracting tons of investors and have the resources to spend on software, talent, and expansion.

We spotlight how the Indonesian media company supercharged its bottomline, and Temu facing supplier protests over its policies.

The Indonesia-based fintech firm logged just shy of US$1 million in revenue for the period, though it only started monetizing its services last year.

Legit Group will widen its footprint in Jabodetabek as about 80% of its business is currently concentrated in the Jakarta area.

Mobee projects that the country’s crypto annual trading volume will reach over US$100 billion by the end of 2024.

A source told Tech in Asia that Avana has conducted several rounds of layoffs since November 2022, including cutting 30 members from its Indonesia team.

We crunch the key numbers in GudangAda’s 2021 earnings report and highlight layoffs at a social media unicorn in India.

We look at the wave of Russian startups entering the Indonesian market and the relatively stable performance of IPOs in Southeast Asia.

Surya Semesta Internusa and Japan’s Mitsui & Co. took part in the extended round.