Cleantech's sweeping up VC investment in Indonesia

More: Starlink launches in Indonesia and Pine Labs plans to relocate. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [The VC money trail in Indonesia]( - How ByteDance’s ChatGPT equivalent is edging out Baidu’s Ernie - Other newsy highlights such as what Elon Musk’s been up to in Indonesia and Pine Labs’ plans to relocate to India --------------------------------------------------------------- Hello {NAME} If you’ve read our rising startups listicles written by TIA Bot, Tech in Asia’s cutest writer, you’ll notice that they often start with something like this: “Which startups will pioneer a new economy? One way to judge - although imperfect - would be the amount of money they have raised.” Funding numbers don’t tell the full story, but they’re an interesting trail of breadcrumbs to follow to get a sense of where things are going. In today’s premium story, my colleague Peter traces where VCs are putting their money in Indonesia to spot the country’s next big sector and some opportunities that are flying under the radar. -- Stefanie  ---------------------------------------------------------------  THE BIG STORY [Indonesia’s next hope: Cleantech with a dash of agriculture, waste management]( Which sectors will be the country's next investment hotspots? Tech in Asia looked at funding data and spoke with venture capitalists to find out. --------------------------------------------------------------- TRENDING NEWS [ByteDance’s ChatGPT-like bot now leading in China]( Doubao was the most downloaded AI bot on iOS in the year through April, collecting 9 million downloads, reported Bloomberg. [Pine Labs gets court nod to shift Singapore ops to India]( The move is expected to help Pine Labs boost business synergies and reduce costs, reported TechCrunch. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Weekly funding: Meesho’s $275m pushes it to number one]( Keep track of all the startup investment activities in Asia through our weekly funding list. --------------------------------------------------------------- TECH IN ASIA X AIRWALLEX STARTUP NIGHT ON JUNE 19 Don't just dream of startup success, build it Tired of being stuck in the same old routine? Tech in Asia x Airwallex Startup Night is shaking things up with an exclusive launch party and networking mixer! Expect a vibrant mix of entrepreneurs, industry disruptors, and fellow founders who dare to dream bigger. Forge connections that matter and unlock secrets to accelerate your startup growth. Limited seats, maximum impact - [secure your spot now!]( ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](.  [Saigon Summit 2024 : Charting Vietnam’s Tech Future on May 30]( As Vietnam’s tech scene takes center stage, it’s your chance to get front row seats to witness - no, shape - the innovation that’s drawing attention globally. Join Razer's Min-Liang Tan, Xendit's Tessa Wijaya, and Seek Asia's Peter Bithos at Saigon Summit as they share their insights on building empires, expanding regionally, and unlocking talent potential. [Get your fourth-release tickets while they last - offer ends on May 26!]( [Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24-25]( The tech scene in Malaysia is booming, and you don't want to miss out. Join us for two days of insightful talks, inspiring networking, and exciting opportunities. Hear from leading voices like: Khailee Ng (500 Global), Dione Song (Love, Bonito), Venon Tian (ZUS Coffee), and many more! Tickets are selling fast! [Secure your spot today]( and be part of the future of tech in Southeast Asia. [Product Development Conference (Jakarta, 25-26 June 2024)]( We are delighted to announce that Bank Rakyat Indonesia will be joining us as our title partner for Product Development Conference 2024! ✨ Find out how BRI, one of the largest state-owned banks in Indonesia, continues to drive innovation of their products and ecosystem at "Enterprise Product Development by BRI" stage. Stay tuned on this page or through pdc.techinasia.com to get the latest update! Discounted tickets vanishing faster than a viral tweet! Score 35% off before prices rise May 22nd. [Secure your tickets]( now to sharpen your product skills! [Tech in Asia’s Founders Meetup in Vietnam on May 30]( Investors and founders from Vietnam, Taiwan, and beyond have already secured their spots at our Founders Meetup in Vietnam! Will you be joining them? Limited seats are available, so don't miss out. [Use the code VNTIASPECIAL10 to get 10% off your ticket now!]( [Tech in Asia x Airwallex Startup Night on June 19]( Tired of being stuck in the same old routine? We’re shaking things up with an exclusive launch party and networking mixer! Expect a vibrant mix of entrepreneurs, industry disruptors, and fellow founders who dare to dream bigger. Forge connections that matter and unlock secrets to accelerate your startup growth. Limited seats, maximum impact - [secure your spot now!]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Corporate Communication Senior Manager]( at MR DIY INDONESIA Jakarta, Indonesia - [Application Engineer]( at AccuSentry Jakarta, Indonesia - [Digital Strategic Specialist]( at SIGMATECH Jakarta, Indonesia - [Product Operation Associate (Contract Based)]( at Moladin Digital Indonesia Jakarta, Indonesia - [Graphic Designer (MAIKA COLLECTIVE STUDIO)]( at Scout.inc Jakarta, Indonesia - [Legal Specialist]( at Rocketindo Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? 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