Tag: #technologies

Companies
Kejora Capital and SBI Holdings launched $30 million Orbit Fund
The joint-venture fund will focus on early-stage technology companies in Indonesia
MP
Marella Putri 10 hours ago . 2 min read
Technology
Facebook and PayPal invest in Gojek
Facebook will have its instant messaging app WhatsApp to work with Gojek, and PayPal will have its payment system integrated with GoPay.
MP
Marella Putri 10 hours ago . 1 min read
Technology
Big data analytics Bonza secured seed funding from East Ventures
As a response to COVID-19 pandemic, Bonza uses a math algorithm to project COVID-19 Effective Reproduction Numbers (Rt), which measures the virus’ rate of spread in each Indonesia province to support government policies.
MP
Marella Putri 6 days ago . 1 min read
Technology
Ajaib Group acquired Primasia Sekuritas
The company will rebrand as Ajaib Sekuritas and work alongside Ajaib Reksa Dana under the group
MP
Marella Putri 1 week ago . 1 min read
Companies
Telkom Indonesia's 2019 revenue surpassed Rp 135 trillion
Cellular data (Telkomsel), internet (IndiHome), and IT services were the largest contributors to the company’s 2019 revenues
MP
Marella Putri 1 week ago . 2 min read
Technology
Big data management startup Delman bagged $1.6 million seed funding
The funding serves as a strategic partnership between Delman and the three investors, and will enable Delman’s expansion in developing a big data management ecosystem
MP
Marella Putri 1 week ago . 1 min read
Technology
Grab Ventures Velocity announced batch 3 participants
Focusing on culinary business support, five startups chosen to participate in the venture building program all have purposes that could leverage culinary business. Four of them are Indonesia-based.
MP
Marella Putri 1 week ago . 2 min read
Technology
Accommodation startup Bobobox sealed $11.5 million series A funding
Led by Horizon Ventures and Alpha JWC Ventures, the fund will be used to accelerate product improvement and location expansion.
MP
Marella Putri 2 weeks ago . 3 min read
Insights
Digital tax in Indonesia to be effective starting July
The Ministry of Finance has decided that 10% VAT will be imposed on digital products such as music streaming & film subscription, games, and online services coming from abroad - in order to create a level playing field to all business players.
MP
Marella Putri 2 weeks ago . 2 min read
Companies
Set in Motion
CGV Cinemas aims to become a whole entertainment platform beyond screening movies
MP
Marella Putri 2 weeks ago . 6 min read
Companies
Chandra Asri secured $70 million loans from Permata Bank
The loan facility will be utilized to support the operational needs, capital expenditure, and refinancing requirements of PT Chandra Asri Petrochemical
MP
Marella Putri 2 weeks ago . 1 min read
Companies
Bakrie Group and Air Products to build methanol production facility
They had signed an agreement to build a coal-to methanol production facility in Bengalon, East Kalimantan, and are committed to taking the methanol production off to sell in Indonesia by 2024
MP
Marella Putri 2 weeks ago . 1 min read
Technology
Pintek raised funding from Accion Venture Lab to help schools impacted by COVID-19
An extension to its pre-series A round was led by Accion Venture Lab, and will be used to expand its technology and platform to to help underserved students and schools impacted by COVID-19 pandemic
MP
Marella Putri 2 weeks ago . 3 min read
Insights
World Bank approved $700 million of financing to help Indonesia fights against COVID-19 pandemic
The financing is divided into two projects, one for Indonesia's Social Assistance Reform Program and the other goes as COVID-19 Supplemental Financing for Indonesia's First Financial Sector Reform Development Policy Loan
MP
Marella Putri 2 weeks ago . 1 min read
Forbes Life
Passionate Fusion
Hublot’s Big Bang MP-11 Red Magic is as striking as it could be in presenting the Swiss luxury watchmaker’s Art of Fusion
MP
Marella Putri 2 weeks ago . 1 min read