Tech news: Indonesia
January, February, March
Indonesian technology news in the first quarter of 2023 touched on items including: Indonesian mobile and digital payments, in-country and overseas; developments in digital fisheries management solutions; Tesla’s moves to become part of Indonesia’s electric vehicles ecosystem; an Indonesian central bank digital currency, the ‘digital rupiah’; and more.
January 2023 | February 2023 | March 2023
We also deliver a weekly email newsletter, capturing the week’s tech news headlines from across Asia Pac and the Indo-Pacific.
Indonesia: Project Garuda Digital Rupiah CBDC White Paper
tech news: March 2023
- Download: ‘Can Digital Currencies End Financial Exclusion in Indonesia? Economic Realities and Policy Ambitions’
- Indonesia: Antler early-stage VC firm to invest in more than 30 Indonesian startups this year, alongside launching a 10-week Jakarta-based founders residency programme
- Indonesia: Dagangan rural e-commerce firm looks to finalize $25-30M financing round, focusing on minimizing costs for everyday necessities
- India’s Tech Mahindra IT services giant partners Indonesia’s Indosat Ooredoo Hutchison to run the telco’s tech ops, serving over 102M mobile subscribers
CSIS: Pulling back the curtain on China’s maritime militia
tech news: February 2023
- Indonesia: Mitsubishi subsidiary unveils ‘MUFG Innovation Partners Garuda No 1 Limited Investment Partnership’, a $100M fund targeting series B startups in lending, payments, SaaS, ESG and wealth management
- Indonesia: An overview of the country’s fisheries management industry, and the opportunities for technology to help it reach its potential
- Indonesia: iSeller raises $12M with point-of-sale platform for online & offline merchants, allowing digitization of all aspects of sales and operations, from inventory to food delivery integrations
Indonesia Crypto Outlook Report 2022 (direct pdf link)
- Indonesia’s eFishery sets sights on US market, building on near 100K farmers working 270K ponds, selling up to 12K tonnes of product each month across SEA
- Indonesia: Sirclo ecommerce services firm secures $30M with focus areas of software-as-a-service, parenting, and corner stores
- Download: ‘Genomics – Leapfrogging into the Indonesian healthcare future’ from East Ventures VC firm (pdf)
- China’s JD e-commerce major to end services in Thailand and Indonesia, with online shopping sites in both countries to stop taking orders from mid-February
NED: Smart Cities and Democratic Vulnerabilities
tech news: January 2023
- Indonesia: FLIK secures $1.1M pre-seed funding with unified checkout solution, combining fintech infrastructure and shopper experience management systems
- Indonesia: Tesla closes in on preliminary deal to set up Indonesia factory, seeking to capitalize on the country’s reserves of key battery metals
- Indonesia: Creative Gorilla Capital VC launches $20M fund to back consumer-focused and direct-to-consumer startups
“A former retail worker taught his neighbors the art of content creation. Now, his hamlet is the unlikely heart of the country’s growing YouTube community.”
- Indonesia: Imajin gains seed funding with manufacturing focus, drawing production across mold and dies, metal and plastic parts, raw materials trading, fabrication and mass production
- Indonesia’s Grab adds ZaloPay, mobile payment app and financial services arm of Vietnam’s VNG, as its latest cashless solution in Vietnam, gaining bank networks and 71M messaging app users
Australian Strategic Policy Institute: Critical Technology Tracker
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