📌 MAROKO133 Breaking startup: PasarPolis funding 💸, Amazon fuels Astro 🚀, SEA’s co

Dear subscribers,

We’re back with a fresh look at Indonesia and Southeast Asia’s tech and digital ecosystem. From funding moves in insurtech and quick commerce, to bold plays in mobility and infrastructure, the region continues to show resilience and ambition. We also spotlight Indonesia’s push in digital manufacturing and the evolving dynamics of consumer behavior, where opportunities are shifting toward the two ends of the market. As always, our aim is to bring you the signals that matter most for founders, investors, and policymakers navigating this fast-changing landscape.

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Best regards,
The DailySocial Team

🚨 What’s New

• PasarPolis secures fresh funding 💸
  PasarPolis, Indonesia’s leading insurtech, has raised new funding in an extension round led by Japanese insurance giant Tokio Marine. While the exact figure was not disclosed, sources close to the deal said it was around USD 5 million. The fresh capital will help PasarPolis deepen its presence in Southeast Asia and expand its digital insurance products.

• Amazon backs Astro’s quick commerce push 🚀

  U.S. tech giant Amazon has reportedly invested USD 51.9 million in Indonesian quick commerce startup Astro. The move comes just as Amazon officially launched its own 10-minute delivery service in India, signaling stronger ambitions in the region. For Astro, the investment strengthens its financial position in an increasingly competitive market where consolidation is expected.

• GoTo secures $286M loan facility 💰
  GoTo Group has obtained a Rp4.65 trillion (USD 286 million) syndicated loan from DBS Indonesia and UOB. The facility, with a four-year tenor, will be used to refinance existing debt and support general corporate needs, including investment and working capital. As of June 2025, GoTo still had Rp467 billion outstanding from its 2022 loan, which this new funding helps cover. The company emphasized that the loan poses no adverse impact on its operations or financial health, but instead strengthens its liquidity.

• Green SM scales EV taxi service nationwide ⚡🚖
  Green SM, the Indonesian EV taxi operator, is accelerating its expansion with three new launches in a single week. The company debuted its service at Soekarno-Hatta International Airport, marking a major step in electrifying airport transport. Soon after, it entered Jakarta’s eastern suburb, Bekasi, broadening coverage in Greater Jakarta’s commuter belt. It also made a strategic move into Makassar, opening access to eastern Indonesia’s economic hub. This rapid rollout reflects Green SM’s ambition to dominate the EV mobility market across the archipelago.

✨ What’s Exciting

• INA bets big on AI, health, and renewables 🌱🤖

  Indonesia’s sovereign wealth fund Indonesia Investment Authority (INA) is sharpening its focus on strategic sectors: digital infrastructure, AI in healthcare, and renewable energy. The fund, now managing USD 10 billion, aims to attract foreign partners and technical expertise to strengthen these industries. INA is diversifying beyond equity into hybrid capital and private credit to support Indonesian companies’ global expansion. This direction aligns with the government’s priorities on data independence, energy transition, and healthcare modernization—areas seen as critical for long-term economic resilience.

• Indonesia showcases digital manufacturing at Hannover Messe ⚙️🇮🇩

  Indonesia showcased its advancements in digital manufacturing at the Hannover Messe 4.0 Expo, highlighting the country’s push toward Industry 4.0 transformation. The showcase highlighted Indonesian smart factory, automation, and digital solutions aimed at boosting productivity and competitiveness. Officials stressed that manufacturing innovation is key to economic growth and positioning Indonesia in the global supply chain, while reaffirming the nation’s commitment to international collaboration in industrial digitalization.

🔮 What’s Next

Latest report by Lightspeed Venture Partners stated that Southeast Asia’s consumer landscape is increasingly shaped by a barbell economy, where the most attractive opportunities lie at the two ends of the spectrum: affluent consumers with spending power…

Konten dipersingkat otomatis.

🔗 Sumber: dailysocial.id

📌 MAROKO133 Breaking startup: Bali mandates tourist app 📲, BI adjusts burden-shari

Dear subscribers,

This week’s update highlights major developments shaping Indonesia’s digital and economic landscape. Bali has introduced a mandatory tourist app to support sustainable travel, VinFast announced a landmark EV factory investment, and Venturi Partners has closed fresh funding for its second vehicle targeting consumer brands across Asia. On the innovation front, QRIS adoption continues to accelerate, driving SME participation in the digital economy. Meanwhile, governance challenges resurfaced with ongoing updates in the Tanihub case and the recent detention of Gojek founder and ex-Minister of Education, Nadiem Makarim—reminders of the importance of transparency and accountability in sustaining ecosystem growth.

Best regards,
The DailySocial Team

🚨 What’s New

• VinFast commits IDR 185 trillion EV plant in Subang, West Java 🚗⚡
  Vietnamese EV maker VinFast announced plans to invest IDR 185 trillion (approx. USD 11.2 billion) to build an electric vehicle factory in Subang, around 2 hours from Jakarta. The facility is expected to become one of the largest EV plants in Southeast Asia, producing both cars and batteries for domestic and export markets. This investment marks a major win for Indonesia’s strategy to position itself as a regional EV hub, leveraging its nickel reserves and supportive policies.

• Bali mandates new app for tourists 📲
  Starting early September this week, international visitors to Bali are required to download the “Love Bali” app before entry. The app is designed to track tourist activities, promote sustainable travel, and ensure compliance with local regulations. Authorities say the platform will also function as a digital guide, providing travelers with verified information about destinations, cultural etiquette, and environmental conservation.

• Ex-minister & Gojek co-founder Nadiem detained on graft charges ⚖️
  Indonesia’s Corruption Eradication Commission (KPK) has detained Nadiem Makarim, former Minister of Education and founder of Gojek, as a suspect in a corruption investigation linked to state-funded education projects. According to the KPK, the case involves procurement irregularities and potential misuse of public funds through $563 million Google Chromebook laptop procurement project. Meanwhile, GoTo clarified that Nadiem has no formal role or involvement in the company, emphasizing its operations remain unaffected. The case underscores rising scrutiny of governance standards and could shape perceptions of Indonesia’s broader innovation ecosystem.

• Tanihub scandal deepens 🌾
  South Jakarta prosecutors have officially detained three new suspects, including former executives from state-owned venture capital firms, in the ongoing corruption and money-laundering case related to Tanihub’s investment funds. Former executives from state-owned investment firms have been charged with enabling unlawful investments worth millions, allegedly funneled into agritech startup Tanihub before being diverted. The scandal deepens concerns over governance and accountability in Indonesia’s venture capital–backed startup ecosystem.

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✨ What’s Exciting

• Venturi Partners raises $150M for consumer brands 🌐
  Singapore-based private equity firm Venturi Partners has closed $150 million in funding for its second vehicle focused on high-growth consumer brands in Asia. The firm, known for backing companies like Livspace and Country Delight, said the fund will target businesses in food, health, personal care, and lifestyle. This reflects increasing investor appetite for consumer-facing businesses that can scale with Asia’s expanding middle class. Venturi Partners emphasized its hands-on approach, supporting portfolio companies with operational expertise, digital transformation, and regional expansion strategies.

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🔮 What’s Next

• QRIS drives digitalization for SMEs 📊
  Indonesia’s digital economy continues to gain momentum through QRIS adoption. By H1 2025, QRIS recorded 57 million users and 39.3 million merchants, of which 93.16% are SMEs. Transaction volumes hit 6.05 billion with a total value of Rp 579 trillion—clear evidence that SMEs are not just present in the digital ecosystem but also thriving through digital transactions

• QRIS Tap adoption accelerates 🚀
  Bank Indonesia rolled out QRIS Tap (NFC-based) in March 2025, allowing users to make payments by simply tapping their phone. By June 2025, 47.8 million users and 648,000+ merchants had adopted the service, particularly …

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  🔗 Sumber: dailysocial.id

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