The economy of Indonesia is 16th largest in world, with a nominal GDP of USD 1.492 Trillion. Indonesia economy is dominated by its service sector, comprising 45.4% of the GDP and employing 49,6% of the labour force. China is the largest trading partner of Indonesia.
Indonesia has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed social market economy, rich in natural resources and also developed in exports top-ranked educational institutions and government regulations. The majority of Indonesia startups are located in Jakarta and Bandung.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of IndonesiaTech 2025’– an exclusive list of the most promising IndonesiaTech startups that have also reached significant valuation milestones over the previous few years.