Social Bella Bags Another Funding Worth 818 Billion Rupiah Led by L Catterton

Beauty-tech startup Social Bella today (05/5) announced the latest funding of IDR 818 billion or around $57 million led by L Catterton, an investment company based in the United States. Indies Capital with two previous investors, East Ventures and Jungle Ventures, are also participated in this round.

Previously, in the middle of last year, Social Bella has received funding worth $58 million from Temasek, Pavilion Capital and Jungle Ventures. Recently, the company is aggressively expanding its omnichannel channel by opening offline shops in various cities. Currently their B2C business “Sociolla” already has 21 stores in 9 cities in Indonesia and 1 shop in Ho Chi Minh, Vietnam.

“Amidst the challenges [of the pandemic], we are very proud to see the consistent efforts of the Social Bella team to bring the best omnichannel service to our customers [..] The cooperation and investment from L Catterton, Indies Capital, East Ventures, and Jungle Ventures will drive our maximum potential to be the leading technology-based innovations as well as the best products to our customers in Indonesia, Vietnam and other regions,” Social Bella’s Co-founder & President, Christopher Madiam.

With its technology, omnichannel stores are designed to be interactive and directly integrated to the Sociolla website and the SOCO application. In order to get information and reviews about the products, visitors can simply scan the barcode on the SOCO application. In other way, if the visitor already has a wishlist of products to buy in the shopping cart on Sociolla, they can immediately make a transaction in the payment section.

In fact, the business concept is still running amidst various restrictions due to the pandemic. Last October 2020, at a media gathering, Social Bella said that there was an increase throughout the year of nearly 50% in terms of shopping at Sociolla. There are more self-care products, because the average consumer is motivated to take advantage of their moments of activity at home to take care of themselves.

“The beauty and personal care industry penetration in Southeast Asia continues to grow rapidly with innovative ‘players’ such as Sociolla providing more choice, premium products and expanding both online and offline to its consumers [..] Innovations made by Sociolla is able to satisfy both consumers and brand principal equally,” L Catterton’s Principal & Investment Lead for Southeast Asia, Yock Siong Tee said.

Meanwhile, East Ventures’ Co-Founder & Managing Partner, Willson Cuaca added, “Sociolla has the elements that a beauty tech-company needs to have; integrated content, community, commerce, and retail. Moreover, looking at the results of our market research as well, we’re very excited to continue working with Social Bella.”

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Original article is in Indonesian, translated by Kristin Siagian

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Amartha Bags 450 Billion Rupiah Funding Led by WWB Capital Partners II and MDI Ventures

The p2p lending startup Amartha officially secured funding of $28 million or around 450 billion Rupiah. The funding was led by Women’s World Banking (WWB) through WWB Capital Partners II and MDI Ventures, also the two previous investors, Mandiri Capital Indonesia and YOB Venture Management.

Amartha’s Founder & CEO, Andi Taufan Garuda Putra said the new investment will be used to strengthen the business, accelerate product innovation development, and introduce additional services for borrowers and lenders. Some of them include shop loans, crowdfunding, and direct funding to borrowers.

So far, the company has developed solutions for three user segments, namely disbursing funding through the p2p lending platform (Amartha for Lenders), a field team to process business capital loans as a whole (Amartha for Business Partners), and other financial services in addition to distributing business capital ( Amartha for Partners)

Amartha is WWB’s first portfolio in Southeast Asia. It is known, WWB Capital Partners II is a gender lens investment founded by WWB, a global non-profit organization that focuses on women’s financial inclusion for the last 40 years.

WWB’s representative, Yrenilsa Lopez said the investment aims to close the gender gap by entering into financial service providers that focus on serving the low-income segment of women. That way, Amartha can expand the gender diversity in their management and take advantage of innovative solutions to reach more markets.

Previously, Amartha obtained debt funding of $50 million or equivalent to 704.4 billion Rupiah in February from Lendable. Currently, Amartha has channeled IDR3.55 trillion loan to more than 661,369 ultra-micro women entrepreneurs in more than 18,900 villages in Java, Sumatra and Sulawesi.

In addition, Amartha has improved the quality of credit scoring with the ratio of non-performing loans (NPL) at 0.07% for all funding in the period after June 2020.

Synergy with Telkom

Furthermore, MDI Ventures’ CEO, Donald Wihardja added that this investment will create opportunities to work together with the Telkom Group. This synergy is none other than to digitize and increase financial inclusion in rural areas in Indonesia.

“We see promising potential to increase financial inclusiveness. We hope this investment can continue Amartha’s business transformation to serve the lower pyramid communities in Indonesia,” he said.

Previously, Donald had mentioned that MDI Ventures received a new mandate with a new managed fund of $500 million from Telkom. It is to expand collaboration or synergy, not only with the Telkom Group but with all SOEs.

Donald said, this new assignment was given after MDI’s success in managing $100 million in funds since 2015. MDI succeeded in multiplying the fund, not only on paper valuations, but also in the form of liquidity in several exits, private and IPOs. He said, MDI had provided IDR 1.6 trillion synergy/revenue to the Telkom Group.

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Original article is in Indonesian, translated by Kristin Siagian

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Sequoia Capital India Leads Funding for Bibit, Securing 938 Billion Rupiah

The mutual fund investment platform startup, Bibit, today (03/5) announced the $65 million worth of funding equivalent to 938 billion Rupiah. Sequoia Capital India, previously led Bibit’s $30 million funding earlier this year, also leading this one. Prosus Ventures, Tencent, and Harvard Management Company are also participated in this round, also the previous investors AC Ventures and East Ventures.

Fresh funds will be focused on launching new products/features, developing technology, recruiting employees, and increasing public education regarding investment.

According to IDX and KSEI, the number of retail investors in Indonesia grew 78% YoY in 2020 to 3.2 million investors. This one was part of millennials contribution; 92% of new investors in 2020. In the first quarter of 2021, there are 1 million new mutual fund investors registered in the capital market. Despite the significant increase, Indonesian people contribution in the capital market is still less than 2%.

“Previously, Indonesian capital market was considered a frightening place to invest, and limited to certain groups. Bibit is leveraging technology to make investment more accessible to everyone, including novice investors. Therefore, we see a sharp increase in interest of retail investors in the capital market,” Bibit’s Director, Sigit Kouwagam said.

He also added, “We believe all Indonesians deserve a better future. Helping to increase financial inclusion and encouraging investment habits in the right way is one way to make it happen. We are very proud to have the support of our partners and investors to speed up the mission.”

Bibit has been acquired by Stockbit since 2019. Stockbit is known as an information service of the capital market. Bibit platform is designed as a “robo-advisor” for mutual funds in Indonesia, helping investors own portfolios according to their risk profile and investment objectives. Based on the data, 90% of Bibit users are millennial investors who previously had no experience with investing.

One of its rival for mutual fund applications is Ajaib. Recently, Ajaib announced Series A funding worth IDR 1.3 trillion led by Ribbit Capital. In addition, there is Bareksa, an investment platform that has joined and integrated with the OVO group. While Bukalapak, the unicorn, is preparing their “new ammo” PT Buka Investasi Bersama to focus on serving mutual fund investments for millions of customers on the online marketplace platform.

In a survey we conducted in mid-2020, mutual funds (67%) were the most popular investment instrument for digital purchase. Followed by gold (62.7%), stocks (44.5%), P2P lending (16.3%), and bonds (11.5%). Regarding the the type of investment, respondents shared one voice that this was based on the risk profile (48.8%), novice (24.4%), friend recommendations (10.4%), and most familiar (8.1%).

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Original article is in Indonesian, translated by Kristin Siagian

Hangry Announces 188 Billion Rupiah Series A Funding Led by Alpha JWC Ventures

The multi-brand culinary startup Hangry today (03/5) announced the Series A funding worth of $13 million equivalent to 188 billion Rupiah. This round was led by Alpha JWC Ventures with the participation of Atlas Pacific Capital, SALT Ventures, and Heyokha Brothers. Hangry will use the fresh fund for national expansion in 2021-2022.

Previously, Hangry secured $3 million seed funding from Alpha JWC Ventures and Sequoia Capital for its involvement in the Surge accelerator program last year.

This year, the company aims to build more than 120 outlets and 20+ dine-in restaurants in various cities throughout Indonesia. In a media gathering earlier, Hangry’s team said that they will immediately execute the omnichannel strategy, integrate online-offline distribution channels this year.

Was founded in early September 2019 by Abraham Viktor, Andreas Resha, and Robin Tan, Hangry currently operates 40 branches in the Greater Jakarta and Bandung. They manage in-house brands, from Moon Chicken, San Gyu, Ayam Koplo and Dari Pada.

The cloud kitchen concept applied in every outlet, to produce quality products at affordable prices. Food/beverages from Hangry can be ordered via GoFood, GrabFood, ShopeeFood, and the Hangry application.

“There are not many global food and beverage brands with really high-quality offerings, even those from Indonesia. This is our goal. We started from a small shophouse and will continue to expand to big cities in Indonesia and then to Southeast Asian countries. In the long term, Hangry wants to be a brand that grows with consumers, be there for their every moment and makes it count,” Hangry’s Co-Founder & CEO, Abraham Viktor said.

Abraham added, “The Hangry business is multi-brand and multi-channel concept to offer options with various channels for consumers. Therefore, opening a restaurant to dine-in has been in our roadmap, we just postponed it due to the pandemic. Last year, we decided to focus on the cloud kitchen concept and this has been the key to Hangry’s success. Now, people are ready to return to their normal activities, including eating out, and this is the right time to introduce Hangry restaurant.”

Meanwhile, for Alpha JWC Ventures, the new retail sector does have its own place in its investment hypothesis. Apart from Hangry, there are several other culinary startups have received support from them, including Goola, Kopi Kenangan, and Mangkoku.

“As its seed investor, Hangry’s curent achievement has proved our trustin the beginning. With a customer focus and effective execution, Hangry always prioritizes excellence in terms of product taste and service experience. Within 1.5 years, Hangry has successfully launched various brands with various flavors and categories, and almost all of them are the best products with top rankings on various platforms – this is a clear example of innovation based on product market fit,” Alpha JWC Ventures’ Partner, Eko Kurniadi said.

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Original article is in Indonesian, translated by Kristin Siagian

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LinkAja Officially Acquires iGrow

LinkAja today (29/4) announced its acquisition of iGrow, a p2p lending startup that focuses on productive financing in agriculture. In the statement, this corporate action aims to expand LinkAja’s business line to online financing, especially for the MSMEs productive sector. This is in line with LinkAja’s goal of encouraging financial inclusion and improving the Indonesian people welfare through economic independence.

This move was made after LinkAja previously managed to book series B funding of more than $ 100 million – including from Grab and Gojek. Meanwhile, iGrow was backed by some investors in its seed funding, including 500 Startups, East Ventures, Rekanext, and through its participation in the Google Launchpad Accelerator program.

In her remarks, LinkAja’s CEO, Haryati Lawidjaja said, “The business line expansion to the financing sector is a real step for LinkAja in providing easy access to finance and economy, especially for the lower-middle class and MSMEs […] Supported by LinkAja’s strong ecosystem network in various areas outside Java and tier-2 and 3 cities, LinkAja aims to provide equal access to financing for MSME players focused on Java and tier-1 cities.”

Also, iGrow’s Chief Business Development, Jim Oklahoma said, “We are very pleased to be collaborating with LinkAja as a national electronic money service provider with the same goals [..] LinkAja is a company with strong business fundamentals also collaboration of shareholders between SOEs and large technology companies. This will accelerate iGrow’s vision and mission to have an impact on MSMEs also put iGrow as one of the leading players in the financing for the productive sector. ”

Apart from Jim, iGrow was also founded by Andreas Senjaya (CEO) in 2014. Their platform was designed to simplify investment in a productive agricultural land, it was more like crowdfunding – even though the company did not claim to be a crowdfunding platform. However, along with its development, iGrow has transformed into a p2p lending, therefore, it can raise funds (from retail and institutional lenders) with more flexible distribution.

This will be LinkAja’s first acquisition. It will be interesting to watch the company’s next steps, considering that the electronic money platform already has a large enough capital, supported by various strategic digital players. In fact, the focus will be on the ecosystem expansion.

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Populix Receives Pre Series A Funding Worth 17.3 Billion Rupiah Led by Intudo Ventures

Populix market research platform today (29/4) announced pre-series A funding of $1.2 million or equivalent to 17.3 billion Rupiah. This round was led by Intudo Ventures, the one that led its seed funding in 2019; with the participation of Quest Ventures and some other investors which details were not mentioned.

The company will use the fresh funds to launch new products, strengthen marketing and recruit new talent. Over the past year, the company has updated its “Populix for Business” service with a new application featuring UI/UX enhancements to make it easier for clients to be more informed of the ongoing research project.

Through the new application, Populix aims to become a “one stop shop” for businesses to conduct research and gain consumer insights. On the other hand, Populix is also developing a data set product to regularly track market movements – enabling businesses to closely follow consumer dynamics and preferences.

In order to support data collection, the Populix application can now recognize invoices (for example from e-commerce purchases) of respondents using optical character recognition technology or scanning of notes via camera, with an accuracy of up to 93%. The concept of collecting data through purchase notes is not a new thing, previously, Pomona was doing something similar to help brands understand their customers.

“Populix provides comprehensive and unique insights into Indonesian dynamic consumer market [..] In the future, Populix will introduce more sophisticated services for clients to meet their focus while continuing to refine our mass market offering to open doors for more people to get access to consumer insight products,” Populix’s Co-Founder & CEO, Timothy Astandu said.

Was founded in January 2018, Populix exists as a mobile application that supports research activities. People can download the application and act as respondents. Each successfully completed survey will earn certain points and credits. Populix claims to have 250 thousand respondents spread across 300 cities in Indonesia.

Apart from quantitative research, Populix also supports businesses conducting qualitative research. Their business services offer subscription services, conducting regular brand tracking to understand public perceptions. Populix also started serving the SME segment by providing more affordable packages.

Apart from Populix, a startup from Yogyakarta, Jakpat also offer similar service. Utilizing applications and a gamification approach, they invite the public to become respondents to a survey that fits their criteria/profile.

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Original article is in Indonesian, translated by Kristin Siagian

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TADA Announces Series B1 Funding, to Enhance Business in Southeast Asia

TADA, a customer retention platform startup, announced the series B1 funding. This investment round was led by MDI Ventures, with the participation of Telkomsel Mitra Inovasi (TMI) and the previous investors Finch Capital and Sovereign’s Capital.

In addition to upgrading the technology platform and infrastructure, TADA will use the funds to strengthen its position in Indonesia while expanding its strategy arund Southeast Asia. In addition, team building and partnerships will be intensified to support expansion.

Based on our records, TADA’s series B round was first announced in mid-2018, led by Finch Capital and supported by Sovereign’s Capital. In the previous round, TADA was supported by some investors, including RMK Ventures, SMDV, Venturra Capital, and Gunung Sewu Group.

TADA’s Founder & CEO, Antonius Taufan said, the participation of MDI Ventures and TMI is a strategic opportunity for the company, enabling it to reach markets from various businesses in the group. There will be various synergy collaboration opportunities to explore. “This investment will enable us to fulfill our mission of enhancing business sustainability by enabling them to better retain customers.”

MDI Ventures’ CEO, Donald Wihardja added, “We see opportunities for a synergistic partnership between TADA and Telkom Indonesia to bring more interesting and beneficial engagement and collaboration between various corporate clients in the Telkom ecosystem. This funding will be in line with MDI Ventures’ long-term goal to empower digital entrepreneurial growth.”

In a general note, TADA offers digital solutions for businesses to build relationships with customers (loyalty), helping to accelerate business growth and sustainability by maximizing customer lifetime value. The strategies applied is varied, from digital membership, subscriptions, referrals, and digital rewards platforms. To date, they claim to have 400 business clients spread across Indonesia, Malaysia and the Philippines.

In fact, there are still a few local startups engaged in the loyalty platform, apart from TADA, there are two other platforms that offer similar services with their respective approaches, GetPlus and Member.id. Earlier this year Member.id just announced series A funding obtained from East Ventures and Traveloka.

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Original article is in Indonesian, translated by Kristin Siagian

Social Commerce Platform Super Secures 405 Billion Rupiah Series B Funding Led by Softbank Ventures Asia

Social commerce platform Super announced a series B funding of $28 million (over 405 billion Rupiah) led by Softbank Ventures Asia. Several investors returned to participate in this round, including Amasia, Insignia Ventures Partners, Y Combinator Continuity Fund, and Stephen Pagliuca (Co-Chairman of Bain Capital and Owner of Boston Celtics). New investors included in this series are Partners from DST Global and TNB Aura.

To date, Super has raised funding worth more than $36 million (more than IDR 502 billion), which is claimed to be the largest for a social commerce company in Indonesia. The series A round had previously been held by the companyearlier last year and succeeded with $7 million (more than Rp.101 billion) led by Amasia. With the participation of some other investors, Y Combinator, B Capital, Insignia Ventures Partners, Alpha JWC Ventures, Indonesia FMCG Group UNIFAM, Mari Elka Pangestu, and Arrive, part of the Roc Nation founded by Jay-Z.

The fresh money will be used to increase the company’s business activities in East Java, as its headquarter, and expand to other provinces in eastern Indonesia this year. In addition, Super business which focuses on FMCG products will expand its product range, as well as develop a white label brand, called SuperEats.

In an official statement, Super’s Co-Founder & CEO, Steven Wongsoredjo said that as a consumer tech-company, Super’s mission is to provide equal economic access for all people. Currently, the grocery price in Indonesian regions and remote areas can reach 200% higher than the price in Jakarta. However, the purchasing power of people in remote areas is not as large as those in the capital city area.

“I think it’s unfair when a mother in a remote area can only afford one glass of milk, while with the same amount of money she can buy two or three glasses of milk in Jakarta. We want to provide a fair price for people everywhere, that’s why we built Super,” Steven explained, Thursday (29/4).

Some of the representative investors also commented on this. Softbank Ventures Asia’s partner, Cindy Jim said, the social commerce trend is increasing in the global industry, they are also proud of the Super team’s commitment to the remote areas of Indonesia with lack of attention.

“We believe that a hyperlocal team like them [Super] will be able to navigate and build a platform in Indonesia. Super is at the forefront of capturing the momentum of social commerce in remote areas in Indonesia,” Cindy said.

Amasia’s Co-Founder & Managing Partner, John Kim added, “There are more than two families living outside Jakarta and the majority of trading is still offline. This great opportunity will present great competition, but Steven is a leader with a solid mission. We will continue to support Super on the way forward.”

Super currently operates in 17 cities in East Java. The company utilizes a hyperlocal logistics platform to distribute consumer goods to agents in less than 24 hours after ordering. Super works with thousands of agents to distribute thousands to millions of goods every month. Most of these agents are women.

It is said, by linking large suppliers to small agents, Super was able to reduce the need for excess warehouses and fleets in the less effective supply chain. In this way, as the company expands its reach, Super helps reduce carbon emissions in Indonesia.

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Original article is in Indonesian, translated by Kristin Siagian

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Sayurbox Announces Series B Funding Led by Astra Digital

Sayurbox online grocery startup, today (28/4) announced its series B funding round with an undisclosed amount. PT Astra Digital International as a subsidiary of PT Astra International Tbk, was leading the investment round with participation of Syngenta Group Ventures, Global Brain Corporation, Ondine Capital, Strategic Year Holdings Ltd., and some others that did not specifically mentioned.

It is said that Sayurbox had closed its previous round of funding [series A] one year ago. However, the details were not implied, and based on our observation, the funding was not publicly announced.

Previously, one of Astra group’s executives mentioned that the company has poured around 72 billion Rupiah funding to Sayurbox this year. The hypothesis is that the startup founded by Amanda Susanti, Rama Notowidigdo, and Metha Trisnawati held an interesting “business case” that is relevant to today’s market needs.

This investment will help accelerate the growth of Sayurbox’s food supply chain infrastructure in the Greater Jakarta, Surabaya and Bali areas, as well as for expansion to new areas in Indonesia due to the strong demand for Sayurbox services.

Sayurbox Co-Founder & CEO Amanda Susanti said, “We are very pleased with the high demand for Sayurbox services in Java and other regions in Indonesia as well as consumer confidence in products from our farmer partners, producers and suppliers. With investors who share the same thoughts and vision, we can’t wait to take advantage of this great opportunity to continue to work for all; provide freshness in one box and comfort for Indonesian consumers.”

Since the launching in 2017, Sayurbox is currently serving online grocery product order. Products are including vegetables, fruits, various meats, seafood, and other products that are sourced directly from local farmers, producers and suppliers.

Through its vision, Sayurbox is committed to solving key problems such as the need for better logistics, aggregation and distribution for farmers. By creating a more efficient food supply chain using technology, Sayurbox is not only able to provide better prices for farmers and consumers, but also reduce agricultural waste caused by the complexity of the food supply chain.

Apart from Sayurbox, there are also other online grocery services operating in Indonesia. Some of those are Happyfresh, which also continues to expand its market, GetMyStore as an update of Kesupermarket, to the unicorns that present similar sub-features such as GoMart (Gojek), Tokomart (Tokopedia), to Bliblimart (Blibli). There are also new players with a hyperlocal approach, for example Segari, Dropezy, Chilimart, Tumbas, and many more platforms.

Investors are increasingly looking for startups in this field, Segari has recently received seed funding from Beenext, AC Ventures, Saison Capital, and several angel investors. Dropezy also secured funding from the Taurus Ventures and Kopi Kenangan Fund this March.

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Original article is in Indonesian, translated by Kristin Siagian

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Halodoc Closes Series C Funding Round Worth 1.1 Trillion Rupiah

On its 5th anniversary (21/4), Halodoc announced the closing of $80 million (around 1.1 trillion Rupiah) series C funding round led by Astra International, with participation of Temasek, Telkomsel Mitra Inovasi, Novo Holdings, Acrew Diversify Capital Fund, and Bangkok Bank. There are some previous investors involved, including UOB Venture Management, Singtel Innov8, Blibli Group, Allianz X, Openspace Ventures, and others.

In the official release, this funding is said to be allocated to expand Halodoc’s penetration in various major health verticals as well as improve user experience through technology. Previously, Halodoc’s Co-Founder & CEO, Jonathan Sudharta had expressed his ambition for regional expansion, bringing practice from Indonesia to the targeted countries.

Djony Bunarto Tjondro as President Director of Astra said, “Astra’s participation in the Halodoc fundraising shows our confidence in Halodoc’s vision and commitment in overcoming challenges related to access to health services in Indonesia. The pandemic that has occurred to date is very challenging for the national health service system and we believe the investment made by Astra can support Halodoc to continue to provide innovative solutions that can benefit the lives of millions of Indonesians. ”

It’s all begin with a dream to simplify access to health for people, Halodoc has now developed into a healthtech platform that offers a variety of health services. In the five years of its journey, Halodoc has collaborated with various parties, one of which is Gojek, who was also their seed investor.

In addition, the company will continue the innovation to develop a B2B business model by partnering with insurance providers in 2018. Currently, there are more than 1000 corporate partners who have taken advantage of digital health services from Halodoc.

During the pandemic, the company experienced a significant growth of up to 16 times in terms of transactions as well as a 25 times user growth at 20 million active users per month in the same time period. The Halodoc Ecosystem is now supported by more than 20,000 licensed doctor partners, 2000 hospitals/clinics/labs, and 4000 registered pharmacies across hundreds of cities in Indonesia.

The Halodoc application has been equipped with three main features, a Health Store to make it easier for customers to buy medicines with doctor’s prescriptions quickly, safely & conveniently; Doctor Chat which allows patients to interact with more than 20,000 experienced and trusted doctors via chat, video call, or voice call; and Make Hospital Appointment which allows users to make appointments with doctors in 1000 partner hospitals.

Technology reform in the health sector

In 2021, the main focus of health industry players is to jointly succeed the national vaccination program and Halodoc becomes the first official partner of the Ministry of Health of the Republic of Indonesia by presenting the Covid-19 Vaccination Service Post which is a form of contribution of the nation’s children to the national vaccination acceleration program. In just one month, Halodoc has succeeded in presenting a drive-thru Covid-19 vaccination service post in seven locations in Indonesia, which cumulatively have successfully vaccinated nearly 80,000 Indonesians.

In this virtual event, participating also the Minister of Health of the Republic of Indonesia, Budi Gunadi Sadikin. He briefly expressed the government’s agenda related to technological reform in the health sector which would focus on Primary Care, Secondary Care (RS), Emergency Response, Funding, Culture and Human Resources, as well as IT and health data systems.

“Halodoc believes that digital is not the only way to revolutionize the health sector in Indonesia. Our strength is to combine technology with offline services also to improve the user experience and convenience. For us, innovation is not only about launching sophisticated solutions, Halodoc’s main goal is to solve health challenges in Indonesia, one of which is through technology, not only to expand access to health for more people, but also to provide a seamless and hassle-free user experience,” Jonathan added.

TMI’s CEO, Andi Kristianto also stated, “Halodoc and Telkomsel have recently developed and launched a variety of services built from telecommunication solutions that capable to provide powerful health experiences for patients in all around Indonesia. Currently, we are continuing this collaboration by making strategic investments that can create the most comprehensive end-to-end solutions that can transform the health sector.”

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Original article is in Indonesian, translated by Kristin Siagian

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