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Hello reader,
I was listening to the radio the other day and heard a great song come on, but I didn’t know the title or singer. Naturally, the next thing I did was search it on Shazam, and I found out that the song was Keeping Tabs by Niki.
I searched the song on YouTube and noticed that there was another song by Niki in the recommended videos column called High School in Jakarta. Upon further exploration, I realized that she was originally from Indonesia and had made it big in the music industry in the US, even being featured on the soundtrack for Marvel’s Shang Chi and the Ten Rings.
I quickly went down the rabbit hole of listening to her other songs and I must say, I’m now a fan. There’s something in the simplicity of her lyrics that make them instantly relatable, while having a wistful, almost nostalgic aspect to it. Her songs brought me back to simpler times.
It’s always nice to see people from Southeast Asia make a name for themselves, and I would say that same feeling applies to startups in the region that have pulled off some huge exits for themselves too.
Today we look at:
- 20 Indonesian companies that scored the biggest exits
- A blockchain company coming out of stealth mode with its latest fundraise
- Other newsy highlights such as BNB Chain’s partnership with Google Cloud and the arrest warrant issued against Terraform Labs founder Do Kwon.
— Jonathan
P.S: Guess who’s back? It’s Tech in Asia’s annual conference, and it’s taking place in less than a week – from September 21 to September 22.
Even better, we’ve managed to organize a hybrid version this year that will include in-person activities and sessions, among many other exciting things on the program. Personally, I’m looking forward to seeing the Startup Arena in person – what about you?
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A whole new world

Image credit: Timmy Loen
The use of the word “exit” in the startup world has always struck me as a little odd. To me, the term seems to imply that there’s an ending, a sort of finality to everything, if you will. But oftentimes, exiting is just the beginning for many companies.
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