Dear subscribers,
This week’s update captures a mix of funding momentum, regulatory moves, and ecosystem shifts shaping Indonesia’s digital economy. OY! secured fresh capital to scale its fintech infrastructure, while GoTo delivered record-breaking Q2 performance. Regulators are stepping up with new cybersecurity rules for crypto, and Grab Ventures announced its latest startup cohort. Meanwhile, Living Lab Ventures launched InnoLab, Indonesia unveiled plans for a Sovereign AI Fund, and IBM flagged the region’s AI readiness gap.
On the digital infrastructure front, Indonesia’s internet penetration reached 116% in 2025 with 229 million users—yet growth has slowed to just +1.8% YoY, signaling market maturity and shifting the focus to service quality, monetization, and bridging the digital divide beyond Java.

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