Southeast Asia Funding Slump, MSME Boosts, and Digital Economy Outlook 🇮🇩💡

Dear readers,
As the country enters holiday season, we bring you another roundup of important updates from Indonesia's tech ecosystem.

Have a blessed holiday season to you all.

Cheers,
The DailySocial Team

🚨 WHAT’S NEW

• According to the latest report by Tracxn, tech startup funding in Southeast Asia plummeted by 59% in 2024 compared to the previous year, totaling only USD 2.84 billion. All funding stages—seed, early, and late—saw significant drops, with late-stage funding decreasing by 76.9%.