PT Astra Autoparts Tbk (AUTO) is preparing an electric vehicle ecosystem in Indonesia.
Singapore-based startup Una Brands secured US$30 million in funding from White Star Capital and Alpha JWC Ventures.
Venture builder Ecoxyztem raised funding from several investors, opening access to funding for greentech startups.
Venture capitalists are still investing heavily in startups despite the tight liquidity. East Ventures and Init-6 are leading pre-seed funding for Bioma, a Product-as-a-Service startup.
Stellantis N.V., the parent company of Automobiles Citroën, has appointed Indomobil Group to introduce the C5 Aircross and electric car ë-C4 in Indonesia next year.
Xendit cuts five percent of its employees in Indonesia and the Philippines as a strategy to deal with uncertain economic conditions.
Djarum Group's e-commerce platform, Blibli.com, has again submitted a request for an initial public offering to the Financial Services Authority after being delayed some time ago.
The local video streaming service under Elang Mahkota Teknologi (Emtek) Group, Vidio, is Indonesia’s most popular video-on-demand (VOD) platform, beating Netflix and Disney+.
E-commerce startup Cosmart offers membership for consumers to buy groceries at lower prices, challenging the dominance of e-groceries players.
Reports on HSBC Indonesia's initial public offering (IPO) plan have resurfaced. Will the company target the digital sector?