Indonesia Tech Deals Vol. 3 | January 2022

Despite of the ongoing Covid-19 pandemic, start-up and technology investments in Indonesia remain excited during the last quarter of 2021. During the period of October – December 2021, investment deals in the fintech sector dominated the business, followed by those in e-commerce, which remains as an attractive sector in Indonesia throughout 2021. This includes the recent interest of investors in grocery shopping platforms such as Astro.

In continuation of our previous Indonesia Tech Deals series published in July 2021 and October 2021, we compile herein, the recent Tech Deals that have been completed in the period of October - December 2021. The information that we provide in this article is compiled based on the deals that have been announced and publicly known and our brief analysis on the Tech Investment outlook in 2022.