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start-up

Elon Musk's xAI Holdings reportedly in talks to raise $20b from investors
Tech 2 months ago

Elon Musk's xAI Holdings reportedly in talks to raise $20b from investors

Elon Musk's xAI Holdings is in talks with investors to raise roughly US$20 billion in funding fo...
Governance gaps, lax oversight hurt Indonesia’s start-up scene
Tech 4 months ago

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Governance gaps, lax oversight hurt Indonesia’s start-up scene

A series of fraud cases raises questions about due diligence, but also regulatory oversight, in Indo...
VC firms suggest that Indonesia leave unicorn status as benchmark
Tech 4 months ago

PREMIUM
VC firms suggest that Indonesia leave unicorn status as benchmark

Many companies that had reached unicorn status remained unable to record profits.
eFishery workers protest layoff plan amid fraud scandal
Companies 5 months ago

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eFishery workers protest layoff plan amid fraud scandal

An in-house workers union has issued a scathing statement demanding the scandal-ridden company to ca...
eFishery reportedly inflated revenue by millions of dollars
Tech 5 months ago

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eFishery reportedly inflated revenue by millions of dollars

The revelations have shaken Indonesia’s start-up ecosystem, which is already under pressure fr...
Fintechs turn to bootstrapping as external funding ebbs
Tech 6 months ago

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Fintechs turn to bootstrapping as external funding ebbs

Bootstrapping is the process of founding or running a company using one’s personal finances or...
Tech giants GoTo, Grab eye role in Prabowo’s free meals program
Tech 7 months ago

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Tech giants GoTo, Grab eye role in Prabowo’s free meals program

Both GoTo and Grab charge the government-recommended flat rate of Rp 15,000 (94 US cents) per meal a...
RI digital economy shows double-digit growth, yet funding still subdued
Tech 7 months ago

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RI digital economy shows double-digit growth, yet funding still subdued

The country’s GMV is projected to grow by 13 percent to US$90 billion by the end of the year a...
Ramp up R&D investment to compete, urges Indonesian AI expert in Dubai
Tech 8 months ago

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Ramp up R&D investment to compete, urges Indonesian AI expert in Dubai

RoboTechX Lab founder Judhi Prasetyo says that research and development is where Indonesia's onc...
RI start-ups need local presence in US to secure follow-up funding: VC firm
Tech 8 months ago

PREMIUM
RI start-ups need local presence in US to secure follow-up funding: VC firm

Indonesian start-up founders aiming to secure follow-up funding from American or European venture ca...
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