Recently through the pandemic, the strength and sustainability of startups here were tested by the leaking of the startup bubble in the world.
Pre-Seed funding of USD 2.4 million (equivalent to Rp36 billion) led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures.
"The purpose of this 3rd Series workshop is to open up many new ideas to match ecosystems in the world of transportation and logistics," said Kalla Group's Chief Strategy & Technology and Apprentice Leader Achmad Sugiarto
Registration for the GVV Batch 5 x Sembrani Wira program will be open from June 21 to July 22, 2022.
Of the four batches of SSI that have been implemented, 30 to 40 percent of each batch have received initial funding after participating in the incubation program.
The 15 selected businesses are Algobash, Beli Jelantah, Biopac, Cleansheet, Dietela, Disabilitas Kerja, Globy, Hear Me, KlinikGo, MakeWebEasy, Nuxcle, Silang.id, Syams Indonesian Handicraft, Tumbasin.id, and Yagi.
It has raised more than US$80 million in a funding round led by GIC Private Limited (GIC), a global investment firm based in Singapore. The funding round was also joined by Prosus Ventures and other investors who had previously supported Bibit
With the latest funding, Off Foods will invest further in research and development of new variations of Off Meat, starting with nuggets. Off Foods will also continue to expand to other cities in Indonesia and start reaching consumers directly.
We need the roadmap to encourage digital talent. We also need software consolidation. I also encourage the SOEs Ministry to become the first ministry to implement e-government," Minister Erick Thohir said.
Delos believes that Indonesia can become the worlds largest shrimp exporter. Indonesia has been able to surpass some of the largest shrimp exporting countries so far, which are India, Ecuador, and Vietnam.
Fifteen startups were selected to participate in the Startup Studio Indonesia batch 4 intensive incubation program initiated by the Ministry of Communication and Information. They were selected from thousands of applicants.
Under the Gotong Royong (Mutual Cooperation) Share Program, GoTo is set to distribute the companys shares to eligible drivers in Indonesia.
However, Gojek and Tokopedia, which are technology companies and focus on digital services, have a multiset market, so they do not create market concentration.
The funding was led by Northstar and Alpha JWC Ventures, with participation from the International Finance Corporation (IFC).
With this acquisition, Warung Pintar is incorporated into SIRCLO Group to jointly present a comprehensive omnichannel solution for principals or brands, distributors, business actors, to end-consumersboth online and offline.
