Indonesia Tech News

The mobile travel application focuses on encouraging sustainable tourism and increasing accessibility to tourist attractions and local businesses.

Bukalapak.com & Salim Group will subscribe to a planned 4.8 trillion rupiah ($335.55 million) rights issue by digital lender Allo Bank.

KoinWorks plans to use the fresh funding to double its existing workforce. It also aims to triple its revenue and double the number of its users before the end of 2022.

CT Corp’s Trans Retail will own a 55% stake in the joint venture, while the rest of the shares will be held by Bukalapak.

J&T Express’ Middle East expansion plans kicked off in April 2021. After 8 months of Trail operations, the company officially launched its network in the UAE and Saudi Arabia.

Akulaku aims to raise US$200 million to US$300 million in an IPO process that may put its valuation at US$2 billion.

BukuKas, an Indonesia-based startup that helps SMEs go digital, has raised US$80 million in a Series C funding led by Tiger Global and Sequoia CApital India.

BRI Ventures' accelerator program Sembrani Wira and crypto exchange platform Tokocrypto, through Toko Launchpad, have launched the blockchain-focused accelerator.

Gogoro signed a memorandum of understanding with Electrum, which was founded by Gojek and energy firm TBS Energi Utama.

Jaramba will go live in 24 major cities over the next 18 months. Bandung, Indonesia’s third-largest city, will be the first city where Jaramba goes online in January 2022.