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View all search resultsVenture capital firms expressed cautious optimism about the country’s healthcare technology industry, urging start-up firms to adopt more realistic strategies in order to survive and to secure more capital in today’s landscape.
Indonesia is expected to see a deceleration in its digital economy growth in the coming years, in line with other emerging countries in the ASEAN region, as tech companies in the bloc face pressure to shift to profitability after years of focusing on growth.
Though still in its early stage, homegrown EV bike maker is looking ahead at possible expansion and IPO plans as it waits for measurable improvements in demand from the government's recently revised purchase subsidy program.
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