Indonesia-based online travel portal, Traveloka, has picked up $250M in fresh funding to beef up its coronavirus-battered balance sheet. The travel aggregator dubs the capital injection a “strong vote of confidence” in its strategy to adjust to what it couches as a ‘new normal’ for travel...

Sorabel Co-founders Lingga Madu and Jeffrey Yuwono (R) The news of Indonesia’s Sorabel (erstwhile Sale Stock)’s plans to shut down by the end of this month sent shockwaves across Southeast Asia’s startup ecosystem — more so because the VCs-backed fashion e-commerce startup was believed to...

Left to right: Sorabel Co-Founder Lingga Madu, Sorabel Co-Founder and CEO Jeffrey Yuwono Indonesian fashion e-commerce startup Sorabel is confirmed to shut down its operation by July 30, adding the company to the list of startups that have had to end their operations due to the COVID-19...

Severan Rault, whose past experiences as an engineer include leadership roles at Amazon and Microsoft, has been appointed as new CTO for Southeast Asian tech unicorn gojek. Rault will oversee all of the technology behind gojek’s ecosystem -which provides access to a wide range of services from...

Indonesian privately held Bank Central Asia (BCA) announced the launch the third batch of the programme of its SYNRGY Accelerator. With GK Plug and Play as a collaborator, the programme focusses on supporting the startup ecosystem in Indonesia and to give a platform to new startups from many fresh...

Indonesia has seen a number of leading startup figures making a move to the public sector, but the public finds themselves anxiously waiting for the next big innovation to reveal itself. The high expectation is understandable, but the public sector is a tricky path to navigate, after all. When...