Indonesia Health Tech Startup, the Fit Company, Raises Funding

Feb 1, 2019

The Fit Company, an Indonesia-based wellness tech startup, raised an undisclosed amount of seed funding from East Ventures, whose Indonesian investment portfolio includes unicorns Tokopedia and Traveloka. The funding will be allocated to build a technology-enabled...

Indonesia Preparing New Electric Vehicle Policy

Feb 1, 2019

Indonesia is in the midst of finalizing a new electric vehicle (EV) policy to build its position as a lithium battery hub in the region. The proposed plan offers tax incentives to EV battery producers and automakers and introduces preferential tariff agreements with...

Aeon Partners with Go-Jek to Speed up Retail Expansion

Jan 1, 2019

Japanese retail group, Aeon, has partnered with Indonesian ride-hailing start-up, Go-Jek, on digital payment and home delivery services. Started in mid-December, the partnership aims to accelerate Aeon’s overseas expansion. Under the new strategy, Aeon will utilize...