JAKARTA -- This year has been a rollercoaster for the startup community in Indonesia, with nearly a dozen tech enterprises shutting shop amid a prolonged "funding winter" and a challenging business landscape.
Despite setbacks, industry insiders remain optimistic for 2024

Industry experts expect an improvement in the fundraising market next year, which will help mitigate turbulence in the Indonesian startup ecosystem. (File photo by Ken Kobayashi)
JAKARTA -- This year has been a rollercoaster for the startup community in Indonesia, with nearly a dozen tech enterprises shutting shop amid a prolonged "funding winter" and a challenging business landscape.