Indonesia’s tech startup scene kicked off 2026 with fresh momentum, highlighted by Sphere Corp’s $2.4 billion acquisition of a 10% stake in the Excelsior nickel project. This deal focuses on high-pressure acid leach (HPAL) processing, a key technology for producing battery-grade nickel used in electric vehicles and renewable energy tech. It matters because Indonesia, already […]
This Week's Briefings
Grab GoTo Restart Merger Talks in Indonesia
Indonesia’s tech scene kicked off 2026 with a major shakeup as ride-hailing leaders Grab and GoTo restarted merger talks, with the Indonesian government stepping in to potentially smooth the path. Reports from Tech in Asia indicate that Indonesia’s sovereign wealth fund, Danantara, is eyeing a “golden share” stake, which would give the state veto power […]
Indonesia Tech Sector Matures in 2026
Indonesia’s tech sector kicked off 2026 with signs of a maturing startup ecosystem in Southeast Asia, as funding shifts toward sustainability and profitability amid economic recalibration. A key highlight is the evolving role of state-owned firms in reshaping Indonesia’s venture capital landscape. Reports from the last day indicate these entities are stepping up investments in […]
Southeast Asia Tech Hub Gains in 2025
Southeast Asia, led by Indonesia, is gaining momentum as a tech and startup hub amid global shifts in 2025. Foreign funds poured $337 million into the region’s emerging markets in December alone, drawn by low valuations and the need to diversify away from geopolitical tensions. This influx highlights Southeast Asia’s rising appeal for data centers, […]
Indonesia Tech Sector Booms with AI Surge
Indonesia’s tech sector is heating up as 2025 wraps up, with fresh investments in AI and digital infrastructure signaling strong momentum into the new year. The country’s digital economy has already generated $2.7 billion in tax revenue this year, according to recent reports, driven by sectors like e-commerce, fintech, and crypto. This revenue boost matters […]
Indonesia Tech 2025 AI Growth and IPO Wins
Indonesia’s tech sector wrapped up 2025 with a mix of funding wins, AI growth, and government pushes for digital infrastructure, setting a positive tone for Southeast Asia amid economic headwinds. The standout event was Superbank’s successful IPO, where the Indonesian digital bank raised $168 million in an oversubscribed offering backed by investors like Emtek, Singtel, […]
Indonesia Boosts Digital ID and AI for 2026 Growth
Indonesia’s government just announced major investments in digital public infrastructure for 2026, focusing on digital ID and AI as key drivers. This builds on enrolling 17 million people already, aiming to streamline services like e-commerce and payments. It matters because it could supercharge the country’s digital economy, making it easier for startups in fintech and […]
Daily Briefing: December 20, 2025
Indonesia’s tech startup scene took a major hit yesterday with the collapse of eFishery, a high-profile aquaculture tech company known for its smart feeding systems. The firm, once hailed as one of Asia’s top startups, filed for bankruptcy after failing to deliver on ambitious growth promises amid funding shortfalls. This event, reported by Bloomberg on […]
Microsoft Expands AI in Indonesias Tech Scene
Indonesia’s tech startup scene and broader digital economy in Southeast Asia are heating up, with fresh announcements and reports highlighting rapid growth amid global influences. Yesterday, Microsoft revealed plans to expand its AI infrastructure and cloud services in Indonesia’s Central cloud region, just six months after opening its first data center there. This includes new […]
GoTo Group CEO Resigns Hans Patuwo Nominated
Indonesia’s tech scene in Southeast Asia saw a major shakeup in the last 24 hours, with GoTo Group announcing a significant leadership change. The company, a key player in ride-hailing, e-commerce, and fintech, nominated Chief Operating Officer Hans Patuwo to replace Patrick Walujo as CEO. This follows Walujo’s resignation, confirmed in an official statement on […]