Since this is the end of 2020, I would like to highlight arguably the biggest tech events in each month in Indonesia from January to December 2020.

A thread...

(Jan) Indonesia’s central bank, Bank Indonesia (BI), officially imposed the QR code standardization called QRIS (Indonesian Standard QR Code) on January 1

(Feb) Gojek has bought a minority stake in local taxi operator Blue Bird for US$30 million

(Mar) Gojek has raised $1.2 billion for expansion despite pandemic

(Apr) Indonesian VC firms Agaeti Ventures and Convergence announce merge and launch new fund

(May) Kopi Kenangan announces $109 million funding round to build the largest coffee chain in Indonesia

(Jun) Gojek has raised funding from Facebook and PayPal as well as existing backers Google and Tencent

(Jul) Traveloka announced it has raised US$250 million in a funding round led by a global financial institution, along with existing investors

(Aug) Traveloka has cleared up 90% of the roughly 1 million flight ticket refund requests it received since the beginning of the pandemic

(Sep) PasarPolis raised US$54 million in series B funding from LeapFrog Investments, SBI, and Xiaomi, along with Alpha JWC Ventures and Intudo Ventures

(Oct) Gojek raises $150 million from Indonesian telcom operator Telkomsel

(Nov) Grab leads series B round of up to $100 million in LinkAja

(Dec) Traveloka and Tokopedia were reportedly considering a merger with SPACs to go public. SiCepat raises $50 million at reportedly $736 million post-money valuation

It's been a very challenging year for most people, but tech industry seems to be accelerating in many verticals, maybe the best time to start a company in tech.

Let's discuss if you think of starting or now building one in the archipelago nation.