Alodokter Raises USD 33 Million in Series C Funding
Indonesian healthtech startup, Alodokter, successfully raised USD 33 million in Series C funding in October 2019. The round was led by Sequis Life, with the participation of Philips, Heritas Capital, Hera Capital and Dayli Partners, among the few. Previous round...
Indonesia Aiming to Jumpstart Electric-car Industry with Nickel Riches
Indonesia holds a quarter of the world’s nickel reserves and has implemented a ban on ore exports by January 2020. This is part of the country’s strategy is to lure EV makers and battery producers that require the raw materials to invest and set up factories in...
Indonesia Aims for Production of 100% Green Fuel by 2022-2023
Indonesia has set a goal to reach 100% green fuel production as an end-product of palm oil by 2022-2023. To achieve this, the government was seeking national and foreign investors to build additional refineries, especially in regions close to oil palm plantations in...