GajiGesa, a fintech startup serving underbanked Indonesian workers, raises $2.5 million seed round – ITPro.works

GajiGesa, a fintech company that offers Earned Wage Access (EWA) and other services for workers in Indonesia, has raised $2.5 million in seed funding. The round was co-led by Defy.vc … Read More

CrediBook gets $1.5 million to help Indonesian retail wholesalers digitize their finances – ITPro.works

CrediBook, a startup that helps Indonesian retail wholesalers digitize the financial side of their operations, has raised $1.5 million in pre-Series A funding led by Wavemaker Partners, with participation from … Read More

Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC – ITPro.works

Ajaib Group, an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A … Read More

Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India – ITPro.works

Bibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and … Read More

Indonesian telecom network Telkomsel invests $150 million in Gojek – ITPro.works

Telkomsel, Indonesia’s biggest telecom network, has invested $150 million in ride-hailing firm Gojek, the two companies said on Tuesday. As part of the “strategic partnership,” the two firms said they … Read More

Indonesian logistics platform Logisly raises $6 million Series A to digitize truck shipments – ITPro.works

Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up … Read More

AC Ventures announces the first close of its $80 million fund for Indonesian startups – ITPro.works

As one of the world’s most populated countries, with a fast-growing internet economy, Indonesia offers plenty of opportunity for startups. AC Ventures wants to tap into that with its $80 … Read More

Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants – ITPro.works

A month after completing Y Combinator’s accelerator program, BukuWarung, an financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high-profile … Read More

Indonesian cloud kitchen startup Yummy gets $12 million Series B led by SoftBank Ventures Asia – ITPro.works

Yummy Corporation, which claims to be the largest cloud kitchen management company in Indonesia, has raised $12 million in Series B funding, led by SoftBank Ventures Asia. Co-founder and chief … Read More

InfraDigital helps Indonesian schools digitize tuition and enrollment – TechCrunch

In Indonesia, about half of adults are “underbanked,” meaning they don’t have access to bank accounts, credit cards and other traditional financial services. A growing list of tech companies are … Read More

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