DailySocial Report: Indonesian Technology Startup Industry Conditions in 2016

Start last year, we re-released the annual report on the condition of Indonesian technology startups in 2016. This report contains the technology business landscape, a summary of interesting data and information, and predictions of sectors that will attract attention in 2017.

DailySocial CEO Rama Mamuaya said, “Report It aims to provide a big picture of Indonesia's position from the startup ecosystem point of view, and analyze some of the potential growth that is expected to help startups, corporations, investors and regulators."

Some of the interesting points presented in this 75-page report include:

• Go-Jek dominated the news this year with a recent $550 million funding round that propelled it to become Indonesia's first unicorn startup. Go-Jek also acquired 4 Indian tech startups and is said to have acquired 1 local e-money licensee service
• 40% of this year's startup investment is for the initial stage (seed) and 24% for the Series A . stage
• E-commerce and Fintech compete fiercely as the segments that get the most investment, with 21% and 20% respectively
• MDI Ventures, Alpha JWC Ventures, East Ventures, and 500 Startups were the most active investors in 2016
• Fintech is predicted to be the most popular sector, both in terms of investment and startup development, in 2017
• Lack of talent and access to funding will still be the biggest scourge of startups in 2017

The full report can be accessed member DailySocial (free registration!) on http://dly.social/startupreport2016.