MAROKO133 Breaking startup: Lincah acquires Orderfaz. 🤝 BPJS eyes global AI infra investme

📌 MAROKO133 Breaking startup: Lincah acquires Orderfaz. 🤝 BPJS eyes global AI infr

Dear subscribers,

As we enter the final month of 2026, Indonesia’s startup and digital ecosystem continues to move at full speed. Strategic milestones — from IPOs and M&A activity to regional expansion — have shaped the headlines over the past week. To help kickstart your week, we’ve curated the key highlights for you in this issue.

We are also pleased to invite investors — including VC, PE, and angel investors — to Garuda Sparks’ Lunch and Launch, featuring pitching sessions from 10 selected high-potential startups. The event will take place on Thursday, December 4, 2025 at 10:00 AM at GSIH fX Sudirman, Jakarta.

More information and registration for investors: https://luma.com/gt784e9e

Stay ahead,
DailySocial Team

🚨 What’s New

Here are several key updates from Indonesia’s startup ecosystem over the past week:

• Lincah has acquired Orderfaz to strengthen its social commerce infrastructure across Southeast Asia, integrating Orderfaz’s technology and seller base to build a more unified regional ecosystem and accelerate growth for creators and social entrepreneurs. Lincah currently powers more than 23,000 sellers and 8.3 million buyers across major social platforms with over 500,000 monthly transactions, while Orderfaz is a platform providing tools for order management and social selling enablement for online merchants. The acquisition supports expansion from Indonesia toward Malaysia, supported by an experienced leadership team and long-term regional strategy. [Read more]

• Superbank — the digital bank formed through a collaboration between Grab and Emtek — has officially entered its IPO phase, targeting to raise over Rp3 trillion by offering up to 4.40 billion new shares priced between Rp525–695 during the 25 November–1 December 2025 book-building period. The funds will be used mainly to support lending expansion (70%) and operational investment (30%). Superbank is expanding digital financial products such as Saku, Celengan, and competitive deposit services, aiming to strengthen its position in Indonesia’s digital banking landscape through its upcoming BEI listing scheduled for 17 December 2025. [Read more]

• INDODAX, Indonesia’s largest crypto exchange, has announced a major strategic partnership with Hong Kong–licensed digital asset exchange HashKey to strengthen the national crypto ecosystem. The collaboration focuses on improving liquidity, upgrading trading infrastructure, and enabling technical integration, paving the way for innovations such as Real-World Assets (RWA). Both companies emphasized aligned commitments to regulation and user security, with HashKey viewing Indonesia as a key regional market due to its fast-growing crypto user base. The phased execution is expected to deliver faster, safer, and more reliable trading experiences while reinforcing Indonesia’s role in the Southeast Asian digital asset landscape. [Read more]

• TOCO, a community-based e-commerce platform founded in 2024 by Arnold Sebastian Egg (Founder Tokobagus, acquired by OLX), is rapidly attracting sellers by rejecting the subsidy-driven “burn money” model and eliminating admin fees for merchants. Instead of taking 8–38% platform cuts like major marketplaces, TOCO charges a flat Rp2,000 per transaction to buyers—referred to as a “parking fee”—covering logistics and payment processing. This pricing approach, combined with frustration over rising admin fees at platforms such as Shopee and Tokopedia, has triggered a wave of organic seller migration, helping TOCO reach over 1 million monthly active users and 3.4 million product listings without any marketing spend. [Read more]

• BPJS Ketenagakerjaan is exploring investment opportunities in global AI infrastructure companies, including those in the U.S., Taiwan, Japan, and South Korea, as part of a strategy to diversify its portfolio and tap into the rapidly growing AI supply chain sector. Managing Rp879 trillion in assets, the institution has requested approval to invest up to 5% overseas, focusing on data centers, energy providers, and cable network companies rather than core chipmakers—though options like Nvidia remain under consideration. The initiative awaits government regulatory clarity and hinges on rupiah stability, while BPJS also targets doubling domestic equity allocation to 20% over the next three years. [Read more]

👏 What’s Exciting

Here are several noteworthy industry developments from the regional landscape:

• Malaysia is preparing to ban social media access …

  Konten dipersingkat otomatis.

  🔗 Sumber: dailysocial.id

  ---

  📌 MAROKO133 Breaking startup: Lincah acquires Orderfaz. 🤝 BPJS eyes global AI infr

  Dear subscribers,

  As we enter the final month of 2026, Indonesia’s startup and digital ecosystem continues to move at full speed. Strategic milestones — from IPOs and M&A activity to regional expansion — have shaped the headlines over the past week. To help kickstart your week, we’ve curated the key highlights for you in this issue.

  We are also pleased to invite investors — including VC, PE, and angel investors — to Garuda Sparks’ Lunch and Launch, featuring pitching sessions from 10 selected high-potential startups. The event will take place on Thursday, December 4, 2025 at 10:00 AM at GSIH fX Sudirman, Jakarta.

  More information and registration for investors: https://luma.com/gt784e9e

  Stay ahead,
  DailySocial Team

  ---

  🚨 What’s New

  Here are several key updates from Indonesia’s startup ecosystem over the past week:

  • Lincah has acquired Orderfaz to strengthen its social commerce infrastructure across Southeast Asia, integrating Orderfaz’s technology and seller base to build a more unified regional ecosystem and accelerate growth for creators and social entrepreneurs. Lincah currently powers more than 23,000 sellers and 8.3 million buyers across major social platforms with over 500,000 monthly transactions, while Orderfaz is a platform providing tools for order management and social selling enablement for online merchants. The acquisition supports expansion from Indonesia toward Malaysia, supported by an experienced leadership team and long-term regional strategy. [Read more]

  • Superbank — the digital bank formed through a collaboration between Grab and Emtek — has officially entered its IPO phase, targeting to raise over Rp3 trillion by offering up to 4.40 billion new shares priced between Rp525–695 during the 25 November–1 December 2025 book-building period. The funds will be used mainly to support lending expansion (70%) and operational investment (30%). Superbank is expanding digital financial products such as Saku, Celengan, and competitive deposit services, aiming to strengthen its position in Indonesia’s digital banking landscape through its upcoming BEI listing scheduled for 17 December 2025. [Read more]

  • INDODAX, Indonesia’s largest crypto exchange, has announced a major strategic partnership with Hong Kong–licensed digital asset exchange HashKey to strengthen the national crypto ecosystem. The collaboration focuses on improving liquidity, upgrading trading infrastructure, and enabling technical integration, paving the way for innovations such as Real-World Assets (RWA). Both companies emphasized aligned commitments to regulation and user security, with HashKey viewing Indonesia as a key regional market due to its fast-growing crypto user base. The phased execution is expected to deliver faster, safer, and more reliable trading experiences while reinforcing Indonesia’s role in the Southeast Asian digital asset landscape. [Read more]

  • TOCO, a community-based e-commerce platform founded in 2024 by Arnold Sebastian Egg (Founder Tokobagus, acquired by OLX), is rapidly attracting sellers by rejecting the subsidy-driven “burn money” model and eliminating admin fees for merchants. Instead of taking 8–38% platform cuts like major marketplaces, TOCO charges a flat Rp2,000 per transaction to buyers—referred to as a “parking fee”—covering logistics and payment processing. This pricing approach, combined with frustration over rising admin fees at platforms such as Shopee and Tokopedia, has triggered a wave of organic seller migration, helping TOCO reach over 1 million monthly active users and 3.4 million product listings without any marketing spend. [Read more]

  • BPJS Ketenagakerjaan is exploring investment opportunities in global AI infrastructure companies, including those in the U.S., Taiwan, Japan, and South Korea, as part of a strategy to diversify its portfolio and tap into the rapidly growing AI supply chain sector. Managing Rp879 trillion in assets, the institution has requested approval to invest up to 5% overseas, focusing on data centers, energy providers, and cable network companies rather than core chipmakers—though options like Nvidia remain under consideration. The initiative awaits government regulatory clarity and hinges on rupiah stability, while BPJS also targets doubling domestic equity allocation to 20% over the next three years. [Read more]

  👏 What’s Exciting

  Here are several noteworthy industry developments from the regional landscape:

  • Malaysia is preparing to ban social media access …

    Konten dipersingkat otomatis.

    🔗 Sumber: dailysocial.id

    ---