Log in or register
Share on LinkedInShare on LinkedIn

ARTICLE · 08 JULY 2024

Indonesia Tech Deals Vol. 10

Nusantara Legal Partnership
Nusantara Legal Partnership
Contributor
Nusantara Legal Partnership

Nusantara Legal Partnership

Nusantara Legal Partnership ("NLP") is a premier boutique law firm established in 2018. Since its...

View firm profile
Explore more from Nusantara Legal Partnership

The tech winter, which began in 2023, has continued to impact the tech industry in Indonesia. Moreover, continued inflation and the possibility of an extended period of high interest rates have significantly reduced...

IndonesiaTechnology
Marshall Situmorang
Marshall Situmorang
Audria Putri
Audria Putri
M. Irfan Yusuf
M. Irfan Yusuf
Author LinkedIn connections

The tech winter, which began in 2023, has continued to impact the tech industry in Indonesia. Moreover, continued inflation and the possibility of an extended period of high interest rates have significantly reduced liquidity levels in the tech industry compared to that of 2022. This situation will push companies and investors to prioritize profitability, resulting in investors being reluctant to increase funding to startups.

Having regard to the above, we herein provide our Indonesia Tech Deals Vol. 10 (see previous publications: Tech Deals Vol. 1, Vol. 2, Vol. 3, Vol. 4, Vol. 5, Vol. 6, Vol. 7, Vol. 8, and Vol. 9) covering tech company deals concluded between January and April 2024, along with our brief commentary regarding the recent tech deals.

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

Register for freeORLog in

Related Articles

Legal Intelligence Newsletters: sign up for the latest legal and regulatory news on your chosen topics

Read more about

Related Comparative Guides

See more popular content from

Article

Indonesian Ethics On Artificial Intelligence – Presidential Regulation Draft On Ethics Of Artificial Intelligence Dated 27 January 2026

The Government of Indonesia is preparing a draft Presidential Regulation on Ethics of Artificial Intelligence dated 27 January 2026 (“Draft AI Ethics Regulation”). If enacted into regulation in its current form, it would introduce a national ethics framework for the development, deployment, and use of Artificial Intelligence (“AI”) in Indonesia.
IndonesiaTechnology
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Setting The Ground: Indonesia 2026 Legal & Investment Guide For Middle East Sovereign Capital

Danantara was established under Law No. 1 of 2025 on Third Amendment to Law No. 19 of 2003 on State-Owned Enterprises, enacted on 24 February 2025, with the implementing frameworks detailed in Government Regulation (“GR”) No. 10 of 2025 on Organisation and Governance of Danantara Investment Management Agency, as amended by GR No. 19 of 2026 (“GR 10/2025”).
IndonesiaCorporate/Commercial Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Overview Of BKPM 5/2025: Reduction Of Minimum Paid Up Capital For Foreign-Owned Company

The Minister of Investment and Downstream Industry/ Head of Investment Coordinating Board ("BKPM") recently issued BKPM Regulation No. 5 of 2025 on Guidelines and Procedures for Implementing Risk-Based Business Licensing and Investment Facilities through the Electronically Integrated Business Licensing System (Online Single Submission or "OSS") ("BKPM Reg. 5/2025").
IndonesiaCorporate/Commercial Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Centralised Exports Of Natural Resources – Key Highlights Of Government Regulation No. 24 Of 2026 On The Governance Of Export Of Strategic Natural Resource Commodities

On 20 May 2026, the President of the Republic of Indonesia enacted Government Regulation (“GR”) No. 24 of 2026 on the Governance of Export of Strategic Natural Resource Commodities (“GR 24/2026”), which took effect on 1 June 2026. Note that while GR 24/2026 is already in force, the requirement to export Strategic Commodities exclusively through the designated state-owned enterprise is subject to a separate transition deadline, discussed further below under "Transitional Arrangements".
IndonesiaInternational Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Indonesia's New Draft Law On Oil And Natural Gas: Key Changes From The Prevailing Regime

The Government of the Republic of Indonesia is deliberating a draft Law on Oil and Natural Gas (“Draft Law”) that is intended to replace Law No. 22 of 2001 on Oil and Natural Gas, as amended by Law No. 6 of 2023 on the Enactment of Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation into Law (“Law 22/2001”). The Draft Law was submitted by the President and is dated 3 March 2026, and remains subject to deliberation and approval by the House of Representatives (Dewan Perwakilan Rakyat or “DPR”) before enactment.
IndonesiaEnergy and Natural Resources
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

DSI's Centralised Export Regime: The Gateway For Exporters Of Affected Natural Resources And Smelter Owners

Two separate regimes now govern Indonesian natural resource exports and must be checked on every shipment: the DSI/Export SoE export monopoly under GR 24/2026, which currently covers coal, crude palm oil and ferro-alloy and channels their export exclusively through Export SoE; and DHE SDA, the foreign exchange retention regime that requires most mining, plantation...
IndonesiaInternational Law
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

A Faster Route Into Indonesia’s Infrastructure Public - Private Partnerships – LKPP Regulation No. 1 Of 2026 Reshapes Procurement For Foreign Sponsors, Contractors, And Financiers

The New Procurement Regulation implements Article 40 of Presidential Regulation No. 38 of 2015 on Government Cooperation with Business Entities in the Provision of Infrastructure (“PR 38/2015”), and repeals and replaces its immediate predecessor, LKPP Regulation No. 1 of 2025 (the “Old Procurement Regulation”).
IndonesiaGovernment, Public Sector
Nusantara Legal Partnership
Nusantara Legal Partnership
Article

Labour And Employment Trends And Developments In Indonesia

Indonesian employment law is principally governed by Law No. 13 of 2003 on Manpower, as amended from time to time, including by the manpower-related provisions under Government Regulation in Lieu of Law No. 2 of 2022 on Job Creation, stipulated into law under Law No. 6 of 2023 (the “Manpower Law”). The Manpower Law is supported by implementing regulations, including government regulations and regulations issued by the Minister of Manpower.
IndonesiaEmployment and HR
Nusantara Legal Partnership
Nusantara Legal Partnership