Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]

Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]

The Indonesian tech startup market is continuously evolving with rapidly shifting economic dynamics. Many international players have understood the market’s importance by leading various partnerships in the country. Here’s our dedicated weekly review of the biggest startup news in the country.

FlySpaces, The Airbnb Of Coworking, Comes To Indonesia

Popularly called the “Airbnb for workspaces,” FlySpaces has been recently launched in Indonesia. The first FlySpaces office was launched in Philippines in 2015 and it opened a facility in Singapore in the same year, as well. It also offers coworking facilities in Hong Kong, Macau, and Kuala Lumpur.

Working along the lines of an Airbnb, FlySpaces connects property owners and users who are looking for spaces with flexible arrangements. Users can find meeting rooms, desks in a shared space, or private offices, that can be booked according to their needs at a given time.

The company acquired Malaysia-based coworking space 8spaces for an undisclosed amount of cash and equity in November 2016. In early 2016, FlySpaces secured $500K in its Seed round of funding and, as per a Deal Street Asia report, plans to raise another round very soon.

Government Launches Subsidised Coworking Space – Jakarta City Hub

As per a Deal Street Asia report, the Jakarta city administration has launched The Jakarta Creative Hub – a fully subsidised coworking space for young entrepreneurs. The move aims at solving the problems of affordable workspaces for budding entrepreneurs.

The coworking space will provide trainings, workshops, and conferences in addition to facilitating a place to work. It houses facilities such as 3D printers, woodworking, sewing, and fashion-sizing machines which entrepreneurs can use at a lower price.

The hub is located at Gedung Graha Niaga Thamrin in Central Jakarta and stretches up to 1,500 sq mts. It currently has 12 meeting rooms and classrooms. Residents who have Jakarta identification cards may apply to use the space and the hub’s management will then select entrepreneurs based on those applications.

E-Sports Network Revival Secures Funding From DNC Capital

Indonesia-based e-sports platform RevivalTV has reportedly secured an undisclosed amount of funding from DNC Capital, Chinese gaming giant Zhexin IT Co.’s investment arm, Deal Street Asiaaccording to .

The startup was founded in 2016 and is based in Jakarta. The funds raised will be deployed towards cultivating people’s interests in the professional gaming sector of Indonesia, as per an official statement.

Earlier this year, in January 2017, DNC Capital also invested in Indonesia-based game developers Toge Productions.

You have reached your limit of free stories
Become An Inc42 Plus Member

Become a Startup Insider in 2024 with Inc42 Plus. Join our exclusive community of 10,000+ founders, investors & operators and stay ahead in India’s startup & business economy.

2 YEAR PLAN
₹19999
₹7999
₹333/Month
Unlock 60% OFF
Cancel Anytime
1 YEAR PLAN
₹9999
₹4999
₹416/Month
Unlock 50% OFF
Cancel Anytime
Already A Member?
Discover Startups & Business Models

Unleash your potential by exploring unlimited articles, trackers, and playbooks. Identify the hottest startup deals, supercharge your innovation projects, and stay updated with expert curation.

Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]-Inc42 Media
How-To’s on Starting & Scaling Up

Empower yourself with comprehensive playbooks, expert analysis, and invaluable insights. Learn to validate ideas, acquire customers, secure funding, and navigate the journey to startup success.

Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]-Inc42 Media
Identify Trends & New Markets

Access 75+ in-depth reports on frontier industries. Gain exclusive market intelligence, understand market landscapes, and decode emerging trends to make informed decisions.

Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]-Inc42 Media
Track & Decode the Investment Landscape

Stay ahead with startup and funding trackers. Analyse investment strategies, profile successful investors, and keep track of upcoming funds, accelerators, and more.

Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]-Inc42 Media
Indonesia Weekly Review : 3 Archipelago Startup Stories You Don’t Want To Miss This Week [27 February – 4 March]-Inc42 Media
You’re in Good company