Indonesia
Kolase: Crowdfunding platform for Indonesian musicians
Started by music industry veterans, Kolase sees a promising online market in contemporary music fandom
Indonesia gaming and esports – Covid-19 brings increased interest but also challenges
Canceled industry events may have curtailed promotion and investment opportunities, but interest in gaming and esports has increased
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
8villages is one of the first agritech startups in Indonesia, and the social media for farmers has since expanded into e-commerce and agriculture data collection
Amartha CEO and founder apologizes for Covid-19 letter that mixed government work with his business
Andi Taufan retracted the letter, saying haste to support Covid-19 prevention program led to administrative errors, after public uproar and allegations of conflict of interest
FROGS: Overcoming challenges to launch Indonesia's first drone-taxi for daily commutes
The Yogyakarta-based startup backed by UMG Idealab seeks more technical resources to launch Indonesia's first homegrown “flying taxi,” after the success of its agritech drones
KK Fund, GK Plug and Play Indonesia set up online meets between VCs and startups amid Covid-19
VCs like Sequoia Capital, EV Growth, Monk's Hill Ventures and MDI Ventures are onboard to spot potential investments despite Covid-19 downturn
Collaborations and challenges: Why Hatch is positive on aquaculture in Southeast Asia
Hatch's Managing Partner Georg Baunach on strong investor interest in Southeast Asia's aquaculture industry, what lies ahead, and why they invested in JALA
Amid Covid-19, Indonesian P2P lender KoinWorks raises $20m in convertible note funding
Backed by Quona Capital, EV Growth and other investors, KoinWorks plans to disburse more loans amid greater uncertainty and default risk
Bizhare: Focusing on crowdfunding quality franchises
Bizhare aims to democratize funding for franchisees, making it easier for budding entrepreneurs to go into business
Santara: Sharia-inspired equity crowdfunding for Indonesia's MSMEs
With strong links to local business communities, Santara has big ambitions to become a household name in equity crowdfunding
CrowdDana: Taking the equity crowdfunding hype into the real estate sector
Beginning with boarding house projects, CrowdDana's new business model aims to more efficiently connect Indonesian SMEs needing funding with a growing pool of investors
In Indonesia, equity crowdfunding is gaining in popularity among SMEs, challenging P2P lending
Equity crowdfunding platforms are offering new approaches to SME financing in Indonesia, with more players entering the market
P2P financing platform Investree raises Series C, with $23.5m in first tranche
Indonesia's Investree closes key funding amid Covid-19 crisis; is applying for licenses in Thailand and the Philippines in regional expansion
East Ventures raises funds, teams up with state agency to produce Covid-19 tests for Indonesia
East Ventures investee Nusantics has been working with state researchers to produce the prototype; expects mass production of the test kits soon
