Brighter days ahead
Towards a healthier and more sustainable tech
industry in Indonesia
2022 is not an easy year for the global startup ecosystem, including in Indonesia.
More than 20 startups are laid off more than 2000 employees. Yet the season was
not always gloomy if we look at the number of investments. The investment amount
is still substantial, with total disbursed amount of $4.2+ billion*
To navigate the crisis, startups have shifted their mindset toward sustainability and path to
profitability. This year up and down is a part of the process to build a better startup
ecosystem with healthier business fundamentals.
*per 16 December 2022
2023 is going to be the time for redemption and transition into the spring of a more mature and fundamentally strong tech companies. It's time for Indonesia to grow stronger, healthier and much much impactful. Let's go 2023!
Rama Mamuaya
Founder and CEO DailySocial.id,
Managing Partner DS/X Ventures
 | $310 mio |  | $113 mio |
 | $300 mio |  | $100 mio |
 | $300 mio |  | $90 mio |
 | $114 mio |  | $87 mio |
 | $140 mio |  | $80 mio |
 | $137 mio |  | $80 mio |
 | $120 mio |  | $70 mio |
and many more... | |||
Total disclosed startup funding in 2022*
Total startups that received a total of
$4.2 bio+ in Indonesia*
*per 16 December 2022
We have 2 new unicorn startups this year
*per 16 December 2022
Ticker
$GOTO
Money Raised at IPO
$500mio+
Opening Date
11 Apr 2022
Ticker
$BELI
Money Raised at IPO
$800mio+
Opening Date
7 Nov 2022
The state of the industry has witnessed collapses, layoffs, and many other concerned situations. However, it's an inevitable phase to bring a better and healthier ecosystem. With a solid number of funding disbursements during Q1-Q4 2022, two new unicorns were minted. In the future, sustainability and the path to profitability will be the north star metrics for most businesses.
Amir Karimuddin
Chief Editor and Research DailySocial.id,
Managing Partner DS/X Ventures
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5 reports have been launched in 2022. 3 reports about Cloud Computing Adoption, MSME
Empowerment, and Indonesia Startup Ecosystem will release soon.
In 2023, Indonesian startups will be reshaping. There will be a greater focus on revenue and profit, and a faster and more efficient approach. Many hacks and information breaches will enhance attention to security, and AI will gain more attention as a way to develop businesses. Startups will mature and improve.
Yohanes Adhi
Chief Technology Officer DailySocial.id
The crypto winter conditions provide ample space for builders to develop various web3 services or projects. In 2022, NFT projects are still able to create significant value. In Indonesia, the year 2022 brings many popular NFT projects with interesting artwork and utilities. Next year will be and interesting one, we will see more web3 innovations in art, music, and gaming.
Wiku Baskoro
Chief Executive Officer Hybrid.co.id
Government & State-Owned Enterprise
Banking & Finance
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Tech Companies
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For 14 years, DailySocial.id has constantly provide impact to startup industry and innovation. This year we facilitated connection between hundreds innovators, startups and corporations through our activities. We are welcoming 2023 with excitement and looking forward to bring more impacts to entire technology and innovation ecosystem in Indonesia.
Rahmat Harlyadi
Chief Commercial Officer DailySocial.id
The Indonesian startup ecosystem is growing in 2022, despite concerns about a potential tech winter. Looking ahead to 2023, the growth potential for the country is significant. To ensure profitability, founders should invest in the right technology and partnerships; anticipate and adapt to market changes.
Arif Hardiyanto
Chief Operation Officer DailySocial.id
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