After Nadiem Makarim, more tech executives have switched over to the public sector, with the latest being Bukalapak’s Rachmat Kaimuddin.

The firm currently monetizes its service by charging 8% on top of tickets that are sold via its platform.

The startup also offers various financial services to workers who use the MyRobin app.

CeriTech was a finalist at the second Alibaba Cloud x KrASIA Global Startup Accelerator Indonesia Demo Day.

New digital banks were created this year while regulators inked new regulations and a blueprint to support the industry.

Companies like GoTo, Traveloka, Tiket.com, SiCepat, and Blibli are reportedly planning to go public in Jakarta next year.

Big tech firms and deep-pocket VCs have been pouring funds into different blockchain, GameFi, and DeFi projects.

The new joint venture with MDI Ventures comes amid challenges in other Southeast Asian countries.