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Indonesia President Son’s Startup Raises Funding US$5M prom Alpha JWC

Jakarta (TheInsiderStories) - Goola, startup company created by President Joko Widodo' eldest son, Gibran Rakabuming, pocketed initial funding of US$5 million from local venture...

Indonesia’s Ralali Raises US$13M to Build B2B E-Commerce Platform

JAKARTA (TheInsiderStories) -​ Ralali.com, the first and largest online B2B marketplace e-commerce platform in Indonesia raised  US$13 million from three foreign investors. The startup is...

Indonesia’s KoinWorks Raises US$16M Series B Funds

JAKARTA (TheInsiderStories) - Indonesia’s Peer to Peer (P2P) Fintech Lending KoinWorks announced its Series B fundraise of US$16.5 million. The oversubscribed round was co-led...

Indonesia’s Mobilkamu Secures Series A Investment from East Ventures, Others

JAKARTA (TheInsiderStories) - Mobilkamu, Indonesia’ online platform for new car buying, has secured an undisclosed amount of Series A investment led by East Ventures,...

Three Startup Companies Ready to Conduct IPO

JAKARTA (TheInsiderStories) - Indonesia Stock Exchange (IDX) claims there are three new startup companies that will conduct an initial public offering (IPO) this year....

Insight: Indonesia’s Digital Business Needs Guaranteed

JAKARTA (TheInsiderStories) - Indonesia is one of the countries where the development of startups is rapidly increasing. Why are they flourish in Indonesia, the reason...

Equity Crowdfunding Rule for Indonesia’s FinTech Releases This Year

BOGOR (TheInsiderStories) - Indonesia's Financial Services Authority (FSA) will release equity crowdfunding regulation, which can be a source of funding alternative for financial technology (FinTech) start-up...

Moka Raised US$24M Series B Led by Sequoia India

JAKARTA (TheInsiderStories) - Moka, a fast-growing Indonesian cloud-based point-of-sale system, has raised US$24 million Series B round led by Sequoia India. The round included new...

Grab Ventures Ready to Invests US$250M in Indonesian Startup

JAKARTA (TheInsiderStories) - The Singapore-based ride hailing firm Grab Holdings Inc. announced would invest US$250 million in Indonesian startup through its Grab Ventures arm, said...

East Ventures, Vertex Ventures Injects Funds US$5M for Indonesia’s Cicil

JAKARTA (TheInsiderStories) ​— Cicil​, the leading instalment financing platform for Indonesian university students, announced earlier today that it has secured a Series A funding...

Indonesia’s Kredivo Raises Funds US$30M for Expansion in SEA

JAKARTA (TheInsiderStories) - FinAccel, a Southeast Asia-based startup that offers a digital credit card service in Indonesia through Kredivo, has closed a US$30 million...

Indonesia’s Moladin Raises Fund US$1.2M from East Ventures, Berjaya Group, Ethos...

JAKARTA (TheInsiderStories) - Moladin, the first online platform to buy motorcycle in Indonesia, has raised a US$1,2 million funding from East Ventures, Berjaya Group and...

Indonesia’s Montir Raises Series A Funding From East Ventures

JAKARTA (TheInsiderStories) - Montir​, an on-demand automotive service and spare part company that aims to bring car workshop to customer’s location, announced today that it...

KinerjaPay to Enter Micro Lending Business in Indonesia

JAKARTA (TheInsiderStories) - KinerjaPay Corp., (OTCQB: KPAY), a digital payment and e-commerce platform, announced is ready to launch its own indigenous application for micro lending business...

PHI-Integration Secures Seed Funding from East Venture, Skystar Capital

JAKARTA (TheInsiderStories) – ​PHI-Integration, a software company that provides data analytics and management services, announced on May 30 that it has secured an undisclosed...

Indonesia’s Fabelio Raises Fresh Funds US$6.5M

JAKARTA (TheInsiderStories) - Fabelio.com, an Indonesian start-ups that produce home furnishings got fresh funds from local investors worth US $ 6.5 million. Based on the company's...

PayPal Joins Indonesia’s Alpha to Invest US$5M in Fintech Funding

JAKARTA (TheInsiderStories) - Indonesia's venture capital firm Alpha JWC Ventures has announced to join with global technology platform and digital payments leader PayPal Holdings, Inc....

VC Has Played Bigger Role in Startup Development in Indonesia

JAKARTA (TheInsiderStories) - Venture capital (VC) increasingly show an important role in the development of startup companies in Indonesia, amid prospects of growth in the...

Reynold Wijaya of Modalku: We Only Take the Crumble of the...

JAKARTA (TheInsiderStories) - Founder and CEO of an Indonesia-based peer-to-peer lending fintech startup Modalku, Reynold Wijaya, expressed his optimism about the industry’s potentials. For him personally,...

Astra-Djarum Reported Involve in Next Funding Round in Go-Jek

JAKARTA (TheInsiderStories) - As if not wanting to be left behind by foreign investors, Indonesian players have finally joined in, injecting jumbo funds into...

Google Confirms Investment in Go-Jek

JAKARTA (TheInsiderStories) - Internet giant company, Google, has confirmed its plan to invest in Indonesia ride-hailing service Go-Jek, aiming to support and participate in...