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Indonesian agri tech start-up TaniHub bags US$70mil Series B, aims to expand supply chain


Agriculture Minister Syahrul Yasin Limpo (second right) visits Tanihub s National Fulfillment Center in Cikarang, Bekasi, West Java on April 21, 2021. He is accompanied by TaniHub Group CEO Pamitra Wineka (right) and chief operating officer Sariyo (left). - Courtesy of Tanihub
JAKARTA (The Jakarta Post/ANN): TaniHub Group, one of Indonesia s top agriculture technology start-ups, has raised US$69.5mil (Rp 942 billion) in a Series B funding round to expand its supply chain outside the islands of Java and Bali.
The start-up said in a statement on Friday (May 21) it would use the new funds to build more “mini hubs” of warehouses or packaging facilities across the archipelago with an aim to boost transactions and exports of fresh products by volume. ....

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'Buy one, grow 1,000': FDN 2020 empowers MSMEs toward recovery - Inforial


The ongoing 2020 National Discount Festival (FDN 2020) aims to empower and help develop micro, small and medium enterprises (MSMEs). The MSME sector has over 60 million businesses and is one of the main drivers of the national economy, but has been most severely affected by the COVID-19 pandemic during the past nine months.
The FDN 2020 is a collaborative event organized by the State-Owned Enterprises (SOEs) Ministry and several SOEs that opened on Dec. 16 and runs through Dec. 31.
One of the biggest trade events in the country, the festival is intended to boost public interest in affordable, high-quality local products from 5,000 conventional vendors, 211,000 MSMEs, 65 e-commerce partners, four banks, 24 SOEs and affiliates, and 5 e-money operators. It also offers a variety of attractive discounts, such as special prices and cashback programs. ....

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