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KoinWorks slashed losses - Fintech
Jakarta-based fintech firm KoinWorks reported a 43% drop in net loss for the financial year ended Dec 31, 2021, as its income nearly tripled.
DANA enters social commerce - E-wallet
Indonesian digital payment platform DANA has quietly made inroads into social commerce with its group buying platform BoraBora.
eFishery raising funds for expansion - eFishery
Indonesian aquatech firm eFishery is said to be raising new funding from venture capital (VC) firms and other investors.
CoHive declared bankrupt - Co-working
The legal entity that runs the Indonesian co-working startup CoHive, has been declared bankrupt by the Central Jakarta district court.