Indonesia’s government partners with Lazada to help 2 million SMEs go digital
The government of Indonesia has partnered with Lazada Indonesia, an e-commerce platform, to help two million small and medium enterprises (SMEs) go digital this year, according to The Jakarta Post.
The SME Ministry and Lazada Indonesia have launched a training programme to help companies set up stores on the e-commerce platform.
“It is very timely for small businesses to be able to market their product by using information technology,” said Arif Rahman Hakim, a Deputy of HR Development at the ministry.
The government has already partnered with a number of other startups such as Blibli.com, Shopee, Tokopedia and Bukalapak to help SMEs sustain their businesses during the pandemic.
Pasar app launches equity crowdfunding campaign
Malaysia’s Pasar App has officially launched its equity crowdfunding campaign on the Ata Plus platform.
The startup is looking to raise RM700,020 (US$164,000) in return for an 18.9 per cent equity hold in the company, according to a press statement.
The funds will be used for product enhancement and to grow its current operations.
“We believe that the traction gained in Pasar’s testing period determines the strong demand for fresh grocery delivery services in our community,” Tunku Eddy, Founder of Pasar App, said.
Pasar App is a grocery e-commerce app aimed to deliver fresh wet market goods to the doorstep of its users.
Google India launches a playbook for startups to cope with COVID-19 challenges
Google has launched a playbook titled ‘Playbook for startups to face the COVID-19 Challenge‘, which includes contributions from startups, mentors, and VC firms like Prime Venture Partners, Blume Ventures and Matrix Partners, according to Inc42.
According to the firm, the book will include is a compilation of strategic frameworks and practical advice for startups to make sense of the changing landscape, during the pandemic.
MDEC Chairman asserts Malaysia as an innovation economy
The Malaysia Digital Economy Corporation (MDEC) Chairman Rais Hussin has asserted Malaysia as an innovation economy that “can compete in a disruptive technology world”, according to MalayMail.
“The MDEC will no doubt play a leading role in introducing emerging technologies which are essential tools in the new Malaysia 5.0 digital economy. If such a policy is missing from our national strategy, Malaysia will be left behind and excluded from digital ecosystems and workforces,” he said.
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