Daily Briefing

Daily Briefing: October 29, 2025

  • Bank Jago's profits doubled due to increased app usage, showcasing growth in Indonesian fintech.
  • Australia invests Rp13 billion in Indonesia for tech solutions to reduce plastic waste.
  • Experts urge long-term investments in Indonesian tech and youth engagement in politics.
Indonesia’s tech scene saw fresh momentum today, with digital lender Bank Jago leading the headlines. The company reported profits more than doubling in the first nine months of 2025, fueled by a jump in interest income from increased app usage. This growth highlights Bank Jago’s strong position in Southeast Asia’s expanding digital economy, where fintech is driving cashless adoption and helping millions access banking services amid economic challenges. It matters because it sh...

Indonesia AI Data Center Boom Fuels Growth

  • Indonesia's tech sector booming with focus on data centers, AI to boost digital economy.
  • Ericsson partners with Indonesia's Ministry of Communications to advance 5G and AI technologies.
  • Southeast Asia's tech landscape sees growth as countries strive for self-reliant tech ecosystems.
Indonesia’s tech scene is heating up with a focus on data centers and AI, driven by efforts to boost the digital economy in Southeast Asia. On October 27, reports highlighted a major push in Indonesia’s data center infrastructure, with new facilities near Jakarta now housing Nvidia chips. The market is expected to grow 30% annually, hitting $2.4 billion by 2030. This matters because it’s part of a broader strategy to secure data sovereignty and create AI jobs, helping Indonesia...

Daily Briefing: October 26, 2025

  • Telkomsel Ventures showcases emerging startups, potentially leading to new funding deals for growth.
  • Rising capital inflows in Indonesia boost green tech and manufacturing sectors amid fintech slowdown.
  • Whitesky Aviation partners with SkyDrive to introduce eVTOL vehicles, aiming to ease urban congestion.
Indonesia’s tech startup scene saw some notable activity over the past day, with a focus on investments and partnerships amid broader Southeast Asian trends. Yesterday, Telkomsel Ventures, a key player in Indonesia’s telecom space, hosted a Demo Day for its TINC Batch X program, showcasing innovative solutions from emerging startups in areas like digital services and creative tech. This event highlighted pitches from several companies aiming to solve local challenges, drawing investo...

Daily Briefing: October 23, 2025

  • Hangry secures $10.5M funding for cloud kitchen expansion amid Indonesia's VC slowdown.
  • Indonesia slashes foreign investment barriers, aiming to attract more capital for tech sectors.
  • Bank Indonesia implements measures to boost loan growth, gearing up for digital finance innovations.
Indonesia’s tech startup scene saw fresh momentum yesterday with a major funding win and regulatory changes aimed at boosting foreign investment. Food tech startup Hangry announced it secured $10.5 million in a Series A5 round led by Alpha JWC Ventures, building on earlier reports from August. This capital will fuel expansion of its cloud kitchen operations across the country, where it already serves over 100 locations. The deal matters because it signals resilience in Indonesia’s fo...

Daily Briefing: October 22, 2025

  • Indonesia's Telkom plans $2.16 billion spin-off for digital infrastructure growth.
  • Minister urges support for startup ecosystem amid sluggish funding trends.
  • Malaysian firm invests $100 million in Indonesian green tech; Bank Indonesia plans fintech summit.
Indonesia’s tech sector saw a major shakeup yesterday with state-owned telecom giant Telkom announcing a $2.16 billion spin-off of its wholesale fiber connectivity business. This move, set for a shareholder vote in December, aims to streamline operations and draw fresh investment into the country’s digital infrastructure. It matters because Indonesia’s growing demand for high-speed internet is key to expanding its digital economy, which is already projected to hit $130 billion...

Daily Briefing: October 21, 2025

  • Telkom Indonesia announces $2.16 billion spin-off to enhance digital infrastructure.
  • Fintech sector in Indonesia grows with AI integration, CBDC focus, and cross-border payments.
  • Anugrah Neo Energy Materials plans $300M+ IPO, hinting at more tech listings in Indonesia.
Indonesia’s tech sector saw significant moves in the past day, highlighting growth in telecom infrastructure and fintech innovation. Leading the news, state-owned Telkom Indonesia announced a $2.16 billion spin-off of its wholesale fibre connectivity business on October 21. This strategic split aims to streamline operations and draw fresh investments into the country’s digital backbone, responding to surging demand for high-speed internet across Southeast Asia. It matters because Ind...

Daily Briefing: October 20, 2025

  • Indonesia's investment up 13.6%, creating jobs, boosting investor confidence in digital economy.
  • Funding for Indonesian tech startups low, caution among investors, potential slowdown in innovation.
  • Southeast Asia's fintech funding down, focus on sustainable growth may pressure Indonesian firms.
Indonesia’s tech startup scene showed mixed signals in the past day, with national investment figures highlighting broader economic strength amid concerns over sluggish funding for early-stage companies. Government reports released today revealed that Indonesia’s overall investment realization hit Rp924.9 trillion in the first half of 2025, marking a 13.6% year-on-year increase. This surge created jobs for about 1.2 million people and signals strong investor confidence in the country...

Daily Briefing: October 19, 2025

  • Indonesia's startup funding slows in 2025 due to economic pressures, impacting tech innovation and job growth.
  • Despite funding dip, some startups secure investments, particularly in fintech, aiding ecosystem stability.
  • Watch for government initiatives and new funding announcements signaling potential digital economy rebound.
Indonesia’s startup funding scene continues to struggle in 2025, with fresh reports highlighting a persistent slowdown. Today, local media outlet Katadata.co.id shared data from DealStreetAsia showing that investment in Indonesian startups during the first half of the year remains far below the 2021 peak, described as “lesu” or sluggish. This reflects broader economic pressures across Southeast Asia, where global uncertainties are making investors more cautious, especially in f...

Daily Briefing: October 18, 2025

  • IDN Media reports 60% revenue jump due to microdramas, targeting SE Asia's digital content market.
  • BINUS University hosts Startup Wars 2025; MEF Leadership Forum discusses digital infrastructure and AI.
  • SEA Crypto & Payment Ecosystem Report examines Indonesia's digital asset regulations and payment trends.
Indonesia’s tech startup scene and Southeast Asia’s digital economy saw fresh momentum in the last day or two, with a mix of company expansions, industry events, and new reports highlighting growth in fintech, AI, and digital content. The standout news came from IDN Media, an Indonesian tech and media firm, which reported a 60% year-over-year revenue jump on October 17, fueled by its push into microdramas—short-form video content tailored for mobile users. This expansion targets Sout...

Daily Briefing: October 17, 2025

  • Salesforce expanding AI services in Indonesia to boost digital economy and accelerate AI adoption.
  • PT Infomedia Nusantara wins tech award for AI tools, showcasing Indonesia's tech-led growth.
  • IDN Media invests in microdramas, Indodana partners with Google to support small businesses in Padang.
Indonesia’s tech scene heated up yesterday with Salesforce announcing plans to expand its AI services in the country. The US company aims to boost its presence by partnering with local firms in customer relationship management and automation. This matters because Indonesia’s digital economy is on track to hit $130 billion this year, and Salesforce’s move could accelerate AI adoption in key sectors like finance and retail, creating jobs and fostering innovation. It’s a sig...