Next Generation Partners

Firms To Watch: TMT including Fintech

Led by Fadjar Kandar, the team at Roosdiono & Partners (a member firm of the KPMG Law network) is active across the full gamut of TMT matters, particularly in the broadcasting, media, and telecoms sectors.
TnP Law Firm acts on behalf of tech companies, telecoms operators, financial service providers and industry investments. The team is headed by Ken Prasadtyo and Melissa Butarbutar.

TMT including Fintech in Indonesia

ABNR Counsellors at Law

ABNR Counsellors at Law is praised for ‘delivering top-tier, specialised support’, overseeing M&A, investments, and financings connected to tech companies and digital infrastructure. The firm also has a comprehensive commercial platform, advising marquee multinational tech players on e-commerce, data protection and regulatory issues. Agus Ahadi Deradjat leads the team and is a trusted adviser to an extensive list of tech and social media companies, showcasing strong work in the telecoms space. Emir Nurmansyah has a broad practice that includes project finance, M&A and PE deals, and regulatory and compliance advice. Mahiswara Timur is a crucial supporting presence across the full range of client instructions.

Praxisleiter:

Agus Ahadi Deradjat


Weitere Kernanwälte:

Emir Nurmansyah; Mahiswara Timur


Referenzen

‘ABNR’s practice covers the core traditional IP prosecution matters but is also flexible enough to cover the new tech and AI scopes that our clients are most interested in. ABNR is a one-stop shop for us when dealing with Indonesian matters.’

‘Emir Nurmansyah has been a pleasure to work with. He is responsive, quick and practical. His advice is on point and clear. The firm stands out as a boutique IP firm that is good for value and a trustworthy partner.’

‘Great team with a good knowledge of the law.’

Kernmandanten

Mitratel


International Finance Corporation


Sinar Mas Group


PT Moladin Digital Indonesia


Ericsson AB


Japanese multinational information technology and electronics corporation NEC


Indonesian publicly listed telecommunications company PT XL Axiata Tbk


Highlight-Mandate


  • Advised a consortium of lenders for their approx. USD 703.8 million in financing to PT Graha Teknologi Nusantara for the development of a hyperscale data center campus.
  • Advised International Finance Corporation on their USD 150-million investment in PT GoTo Gojek Tokopedia Tbk that availed of an innovative bond-based structure.
  • Acted as counsel to MoneyGram for the Indonesian aspects of their USD 1.8-billion global acquisition by Madison Dearborn.

Assegaf Hamzah & Partners

Praised for its ‘understanding of the evolving regulatory landscape’, Assegaf Hamzah & Partners is well-regarded for the strength of its commercial TMT work, advising major tech players in Indonesia and Southeast Asia on issues such as cyber attacks, personal data audits, and partnerships and agreements. Practice head Zacky Zainal Husein is active across the gamut of TMT mandates and is a key contact to both global corporates and public bodies. Muhammad Iqsan Sirie is a data protection and cybersecurity specialist, highly regarded for his expertise in cryptocurrency and blockchain. Indira Yustikania is able to bring astute fintech capabilities to the fore.


Praxisleiter:

Zacky Zainal Husein


Weitere Kernanwälte:

Muhammad Iqsan Sirie; Indira Yustikania


Referenzen

‘Their understanding of the evolving regulatory landscape ensures that clients receive up-to-date and compliant advice, particularly crucial for e-commerce companies handling vast amounts of personal data. One of the standout features of AHP’s TMT practice is its close relationship with governmental agencies and actively engaged in public engagement and discussions.’

‘Muhammad Iqsan Sirie’s profound understanding of privacy and data protection, combined with his active involvement in policy development and proactive engagement with regulatory bodies, makes him a helpful counsel for our organization. His effective communication and his ability to anticipate regulatory trends has been helping us prepare for upcoming changes, making him an invaluable adviser.’

‘The team is knowledgeable of Indonesian personal data protection laws.’

Kernmandanten

PT GoTo Gojek Tokopedia Tbk


Highlight-Mandate


Bagus Enrico & Partners (BE Partners)

Bagus Enrico & Partners (BE Partners) has a broad TMT practice that is particularly strong in the fintech space, advising a strong body of clients on financial crime issues relating to blockchain, digital assets and NFTs. Further to this, the team continues to be a go-to for global tech companies and telecom operators for corporate, commercial and regulatory instructions. Enrico Iskandar leads the team, offering expert guidance on transactions, regulatory matters, and disputes across all areas of TMT. Co-head Debu Batara Lubis is another practitioner noted for his transactional and advisory work. Alwin Widyanto supports across the full spectrum of practice matters.

Praxisleiter:

Enrico Iskandar; Debu Batara Lubis


Weitere Kernanwälte:

Alwin Widyanto


Kernmandanten

Pefindo


Guud Logistics Indonesia


Cubic Telecom


Hunton AK


Doctor Anywhere


Credolab


BASF


Vesta Corporation


Abbott Diabetes Care


NBC Universal


Finastra Group


Miniso Co. Ltd


Zurich – Livewell


G-Core


Getverify Lda – Getcontect


Vorwerk – Cookidoo


Kapture


Suol Innovation


Sangfor Technologies


Danone


Maybank


Chuo Sogo Law


Hadiputranto, Hadinoto & Partners

Hadiputranto, Hadinoto & Partners continues to act for a diverse range of domestic and international clients, providing expert advice on M&A, joint ventures, business formation, competition, regulatory issues, compliance, and investigative matters. The firm also has a bench of banking and finance specialists able to provide comprehensive advice across complex fintech issues. Daniel Pardede works closely with a number of marquee telecom operators and providers, recently acting on partnerships, spin-offs and acquisitions. Erwandi Hendarta has considerable experience in handling fintech mandates, while Iqbal Darmawan combines transactional prowess with key regulatory understanding. Mahardikha Sardjana  is another name for fintech advice and Adhika Wiyoso also comes recommended.

Praxisleiter:

Daniel Pardede


Weitere Kernanwälte:

Erwandi Hendarta; Iqbal Darmawan; Mahardikha Sardjana; Adhika Wiyoso


Referenzen

‘HHP demonstrates a good understanding of the transaction and can give advice from different perspectives.’

‘Strong understanding of the business and behaviour of the regulator.’

Kernmandanten

Telkom


PT Indosat Tbk


PT Link Net Tbk.


Indonesia Investment Authority


Lazada South East Asia


PT XL Axiata Tbk


Axiata Group Berhad


Highlight-Mandate


  • Representing Telkom in relation to the spin-off of its IndiHome internet broadband business to Telkomsel.
  • Representing PT Indosat Tbk in relation to the acquisition of the customers of PT MNC Kabel Mediacom.
     
  • Representing PT Link Net Tbk. in relation to the cooperation for the proposed Fiber to the Home Network Development and Operation of up to one million home passes with PT XL Axiata Tbk.

Hanafiah Ponggawa & Partners – Dentons HPRP

Hanafiah Ponggawa & Partners – Dentons HPRP remains a leader in the Indonesian TMT legal market, consistently sought after by clients for expert advice on compliance, regulatory matters, and data protection. It also maintains a key client base of major domestic banks, providing ongoing fintech counsel, particularly regarding new banking products and online services. Andre Rahadian and Mika Isac Kriyasa co-lead the practice, with the former noted for his proficiency in the telecoms arena and the latter for his knowledge of fintech and cybersecurity issues. Akbar Bayu also comes recommended.

Praxisleiter:

Andre Rahadian; Mika Isac Kriyasa


Weitere Kernanwälte:

Akbar Bayu


Referenzen

‘The team gives very practical advice.’

‘Mika Isac Kriyasa is responsive and helpful.’

 

Kernmandanten

CIBI Holdings Pte Ltd


Axiata Digital Labs Indonesia


DT One


iHerb, LLC


EchoStar Communications Corporation


Yahoo!


Singapore Digital Marketing Pte Ltd


Arçelik Hitachi Home Appliances


Volkswagen Aktiengesellschaft


Alibaba Group Holding Limited


PT Home Credit Indonesia


SSEK Law Firm

Singled out for the breadth of its fintech work, SSEK Law Firm is highly adept advising multinational financial technology solutions and payment providers on a range of corporate and commercial work, while also managing licensing and registration for crypto derivative exchange companies. Team head Winnie Rolindrawan is a fintech specialist and oversees transactional, commercial and regulatory instructions for a range of domestic and international clients. Co-head Michael Carl is chiefly recognised for his corporate finance work and is another key name for fintech work. Denny Rahmansyah has recently been active on data centre and cryptocurrency deals.

Praxisleiter:

Winnie Rolindrawan; Michael Carl


Weitere Kernanwälte:

Denny Rahmansyah


Referenzen

‘SSEK is in tune with our expectations on service delivery, they are responsive and value the importance of our relationship. They are a trusted firm in a challenging market.’

‘Michael Carl is outstanding. His work is excellent, both technically and practically. He delivers a work product to our international clients that is insightful and user friendly.’ 

‘The team demonstrates good understanding of the digital assets space and acts for many key players in the industry. The relationship partner has a strong relationship with the Indonesian regulators and can provide insights on what the regulators are thinking about.’

Kernmandanten

Microsoft


Xiaomi


BDx Data Centres


Mastercard


Telekomunikasi Indonesia


Indosat Ooredoo Hutchison


Princeton Digital Group


Western Union


Euronet Worldwide


Coinbase


Crypto.com


Fireblocks


Binance


Highlight-Mandate


  • Represented PT Indosat Tbk in the successful transfer of data center assets valued at IDR 2.62 trillion to an affiliated company, PT Starone Mitra Telekomunikasi, a joint venture of Indosat, BDx Asia Data Center Holdings Pte. Ltd. and PT Aplikanusa Lintasarta.
  • Acting for and assisting Mastercard on various aspects of its operations in Indonesia.
  • Acted as Indonesian counsel to Euronet Worldwide, an American global financial technology solutions and payments provider, in connection with the cross-border acquisition of Infinitium Holdings Pte. Ltd.

Ginting & Reksodiputro in association with A&O Shearman

Ginting & Reksodiputro in association with A&O Shearman has strong credentials in the digital infrastructure and telecoms space, providing a range of industry players with M&A and financing counsel. A notable strength of the practice lies in capital raising, advising both investors and investees on early and late-stage fundraising rounds. Harun Reksodiputro leads the team and excels across a range of transactions, with a particular focus in fintech and infrastructure matters. Co-head Sugianto Osman leverages previous in-house telecommunications experience to comprehensively advise a range of domestic and multinational clients. Prasetyo Sukirno is noted for his venture capital mandates.

Praxisleiter:

Harun Reksodiputro; Sugianto Osman


Weitere Kernanwälte:

Prasetyo Sukirno


Referenzen

‘The team at Ginting & Reksodiputro showed great knowledge of TMT matters.’

‘Harun Reksodiputro showed exceptional knowledge and wisdom in solving some deadlocks that occurred during the negotiation with the counter-party.’

Kernmandanten

PT Polinasi Iddea Investama


PT Aplikanusa Lintasarta


Sampingan Pte. Ltd.


PT XL Axiata Tbk


PT Bank Central Asia, PT Bank Permata Tbk


EdgeConneX Inc


K&K Advocates

K&K Advocates is highly regarded for delivering ‘practical solutions’ in its comprehensive legal advisory services, with a focus on commercial, regulatory, and compliance matters for a wide range of tech and telecom companies. Helming the practice is Danny Kobrata who acts as a key adviser to clients across a multitude of industries including gaming, e-commerce, financial services, and energy, amongst others. Siti Adira Kania acts for a number of multinational social media and media entertainment companies, while Emil Zanadi Sasongko has a strong track record in data governance and protection mandates.

Praxisleiter:

Danny Kobrata


Weitere Kernanwälte:

Siti Adira Kania; Emil Zanadi Sasongko


Referenzen

‘All team members have the knowledge to provide solutions, considering the current business practices of the client. They had delivered practical solutions.’

Kernmandanten

PT Telkom Indonesia (Persero) Tbk.


PT Infomedia Nusantara


PT Tirta Investama


Kawan Lama Group


IFG


PT Djarum


ByteDance Pte. Ltd.


PT Sigma Cipta Caraka


Toyota Astra Motor


PT Global Media Visual


PT Vivo Mobile Indonesia


Walalangi & Partners in association with Nishimura & Asahi

Walalangi & Partners in association with Nishimura & Asahi provides legal counsel to major multinational tech companies that covers both corporate and commercial instructions, including M&A, smart facilities development, personal data protection, digital marketing and regulatory compliance. Luky Walalangi spearheads the practice and has recently been active on cross-border acquisitions, fintech issues, and project development in the digital infrastructure space. Jeanne Elisabeth Donauw is primarily recognised for her M&A and PE work, while Sinta Dwi Cestakarani has strength in data protection matters.

Praxisleiter:

Luky Walalangi


Weitere Kernanwälte:

Jeanne Elisabeth Donauw; Sinta Dwi Cestakarani


Referenzen

‘Luky Walalangi has a very hands on approach.’

Kernmandanten

Accura Law Firm


AEL Indonesia


Airbus


Aramis Societe d’Avocats


Bank of Ayudhya Thailand


Berlian Sistem Informasi, PT


Buana Gemah Ripah


Casio Co., Ltd.


Daiwa


DeClout


Dharma Tatemono Property, PT


Dharma Tatemono Residences, PT


Dhost Telekomunikasi Nusantara


Diamond Development Indonesia, PT


Digital Payments Holdings, Pe., Ltd.


Electrolux Indonesia, PT


Essex Bio – Technology Limited


GCP Applied Technologies Indonesia, PT


Google Inc.


Google Indonesia


GS Yuasa Corporation


Hankyu Hanshin Properties Corp.


Haseko Corporation


Hino Motors


Hitachi Transport System, Ltd.


Home Credit Indonesia


Idemitsu Corporation


Idemitsu Kosan, Co., Ltd.


Idemitsu Lube Indonesia, PT


Idemitsu Lube Techno Indonesia, PT


Inabata Indonesia


Indonesia Investment Authority


Indonesian Defence and Security Technologies, PT


Indonesia Steel Tube Works, PT


INPEX


Iron Mountain Inc.


Itochu Corporation


Itochu Indonesia, PT


Itochu Singapore, Pte., Ltd.


Japan Asia Medical Investment Corporation


KDDI Corporation


Kerry Ingredients Indonesia


Krakatau Osaka Steel


Krama Yudha Ratu Motor, PT


Krama Yudha Tiga Berlian Motor


Kobelco Group


LAPI Laboratories, PT


Limes Renewable Energy S.R.L


Lian Lian Global


LIN


Lotte Co., Ltd.


Marubeni Corporation


MDI Ventures


Mercedez Benz AG


Metal One Corporation


Metra Digital Inovasi (MDI) Venture


Mitsubishi Corporation


Mitsubishi Corporation Life Science Limited


Mitsubishi Corporation LT., Inc.


Mitsubishi Corporation Trading Indonesia, PT


Mitsubishi Corporation Urban Development Indonesia, PT


Mitsubishi UFJ Lease & Finance


Mitsui & Co., Ltd.


Mitsui & Co Global Logistics, Ltd.


Mitsui Energy Trading Singapore


Mitsui Indonesia, PT


Mizuho Bank, Ltd.


Mobilitas Digital Indonesia, PT


MUFG Bank


NAP Info Lintas Nusa, PT


Nippon Steel Corporation


Orient Corp.


Osaka Steel Corporation


Otsuka Holdings Co., Ltd.


OY! Indonesia


Penske Truck Leasing


Properti Solusi Manajemen


Realfood Karya Indonesia, PT.


Resona Bank, Japan


Resona Indonesia Finance, PT


Roblox


Saint-Gobain Indonesia subsidiaries


Saison Modern Finance, PT


Sinar Mas Digital Ventures (SMDV)


SMBC Nikko Securities Inc.


Squire Patton Boggs Singapore LLP


Sustainable Battery Holdings, Co., Ltd.


Terraformation Inc.


TIS Inc.


Tokyo Gas Corporation


Tokyo Tatemono


Toyota Tsusho Corporation


Toyota Tsusho Indonesia


TREC, PT


TTLR, PT


United Steel Center Indonesia


Yamaha Motor, Co., Ltd.


Yamaha Music Indonesia, PT


Highlight-Mandate


  • Advised PT Dhost Telekomunikasi Nusantara in its (i) IDR 480,000,000,000 acquisition of indoor telecommunication infrastructure assets located at 633 sites across Indonesia from PT Indosat Tbk, trading and (ii) total IDR 1,253,940,000,000 lease-back to support Indosat’s operations across the country.
  • Acting as legal counsel to Roblox Corporation, in relation to its game business and proposed fintech activities in Indonesia.
  • Acting as legal counsel to Google Inc., and its 2 Indonesian subsidiaries, PT Google Indonesia dan PT Google Cloud Indonesia on their various fintech matters.

Widyawan & Partners

With M&A and investment deals at the forefront of its impressive portfolio of work, Widyawan & Partners works with an extensive roster of domestic and international tech clients, frequently instructed in the media and entertainment and digital infrastructure spaces. Team head Yolanda Hutapea is a corporate and employment partner who is active on cross-border M&A and data protection mandates. Co-head Karen Phang has a strong focus on the financial services sectors and handles M&A and joint ventures. Another name for acquisitions and investments, co-head Teguh Arwiko works closely with a number of private equity and sovereign wealth outfits.

Praxisleiter:

Yolanda Hutapea; Karen Phang; Teguh Arwiko


Referenzen

‘Widyawan & Partners stands out for its deep understanding of the industry, especially in the context of technology-driven businesses.’

‘The team’s strengths lie in their partner Teguh Arwiko, who we would recommend for his strategic thinking, adaptability, and proactive approach to problem-solving.’

‘Partner Teguh Arwiko is exceptional. He stands out for his deep expertise and ability to simplify complex legal issues.’

Kernmandanten

Citibank


Tech in Asia


ByteDance/ TikTok


PT Centratama Telekomunikasi Indonesia Tbk


Accion Digital Transformation Fund


Highlight-Mandate


  • Advised the sellers in the sale of Tech in Asia to SPH Media, a leading media group based in Singapore.
  • Advised TikTok on its strategic partnership with, and investment into, Tokopedia.
  • Assisted PT Centratama Telekomunikasi Indonesia Tbk for the completion of its acquisition of 397 telecommunication towers sites from PT Anugerah Communication.

Makarim & Taira S.

Demonstrating expertise across all strands of TMT, Makarim & Taira S. handles a steady stream of compliance and regulatory advisory work, alongside M&A and restructuring mandates. Maria Sagrado leads the group and is a key adviser to Asian, European and US funds and sponsors seeking legal counsel with inbound tech-focused investors. Co-head Frederick Simanjuntak focuses on M&A and financings, while Stephanie Kandou provides further M&A and capital raising capabilities.

Praxisleiter:

Maria Sagrado; Frederick Simanjuntak


Weitere Kernanwälte:

Stephanie Kandou


Kernmandanten

LINE


PT Asianet Media Teknologi


VISA


Makes & Partners

Makes & Partners has a client base that includes major tech and telecom companies, start-ups, private equity outfits and venture capitalists, all of whom seek advice for complex M&A and investment deals. Yozua Makes leads the team and focuses on foreign investments from a mix of overseas industry players. Co-head Niki Satyapeni, who joined the firm in November 2023, has skill in M&A, inbound investments, and capital raises. Bernardus Billy left the practice in July 2023.

Praxisleiter:

Yozua Makes; Niki Satyapeni


Kernmandanten

PT First Media Tbk. and Asia Link Dewa Pte. Ltd.


PT Profesional Telekomunikasi Indonesia


PT Bali Towerindo Sentra Tbk.


Venezio Investments Pte. Ltd.


PT Mora Telematika Indonesia Tbk.


PT Multipolar Technology Tbk.


Kohlberg Kravis Roberts & Co. L.P.


PT Horizon Internusa Persada


Ajaib Group


PT Fliptech Lentera Inspirasi Pertiwi


Boston Consulting Group


PT Lasmana Swasti Prashida and PT Technindo Global Fortace


Temasek Capital Management Pte. Ltd.


PT Profesional Telekomunikasi Indonesia


PT Net Visi Media Tbk.


Gemini Trust LLC


Apex Fintech Solutions LLC


Ionic Global Holding Pte. Ltd.


Infinite Rainbow Limited


Highlight-Mandate


  • Advised PT Professional Telekomunikasi Indonesia in its acquisition of 94.03% shares in PT Solusi Tunas Pratama Tbk. with the transaction value amounting to IDR16.7 trillion and Mandatory Tender Offer.
  • Advised Temasek Capital Management Pte. Ltd., through Dahlia Investments Pte. Ltd. to invest in Social Bella International Pte. Ltd. by way of subscription of convertible bonds to be issued by Social Bella, with a value transaction amounting to USD60,000,000.
  • Advised Boston Consulting Group in building the products prepared by BCG to its bank client.

Rajamada & Partners

Rajamada & Partners is well placed to advise on a wealth of tech-related issues, including reviewing and drafting commercial agreements, drafting and registering IP licenses, and responding to data breaches and cyber attacks. Raja Mada Silalahi heads the practice and is the chief lead on client’s commercial and regulatory instructions. Co-head Dian Hakiki helps advise a number of information and logistics tech companies.

Praxisleiter:

Raja Mada Silalahi; Dian Hakiki


Kernmandanten

Kaspersky


GetCourse


Yellow.Ai


DXC Technology


Ninja Xpress


Aksara Maya


Highlight-Mandate


  • Assisting GetCourse in reviewing Information Technology agreements, terms and conditions, and privacy policies in accordance with prevailing laws and regulations to safeguard its business in Indonesia.
  • Assisting Yellow.Ai in reviewing Information Technology agreements in accordance with prevailing laws and regulations to safeguard its business in Indonesia.
  • Assisting Kaspersky in conducting research to the relevant Directorates at the Indonesian Ministry of Communication and Information regarding commercial use of software, cloud-based products or services, telecommunication equipment, website launching, and data privacy in accordance with prevailing laws and regulations to safeguard its business in Indonesia.

TNB & Partners in association with Norton Rose Fulbright

A team that is ‘professional and prompt in their legal service’, TNB & Partners in association with Norton Rose Fulbright has a strong track record in data protection issues, advising both domestic and international clients on Indonesian, EU, and US regulations and compliance. It also assists clients in responding to data breaches and cyberattacks. Team head Benny Bernarto provides trusted counsel to multinational tech, financial services and transport and logistics companies. Co-head Kresna Panggabean is a go-to for corporate, regulatory, and compliance issues. Jeremiah Purba and Tias Karina also come recommended.

Praxisleiter:

Benny Bernarto; Kresna Panggabean


Weitere Kernanwälte:

Jeremiah Purba; Tias Karina


Referenzen

‘The team is professional and prompt in their legal service.’

‘Jeremiah Purba has been most helpful. His team are very prompt in responding, and our support have been seamless the last few years that we have worked with them.’

Kernmandanten

Ollion Group


Oracle


Highlight-Mandate


  • Advising Ollion Group in relation to the Indonesian law impacts of the offshore merger of 2nd Watch, Aptitive, Cloud Comrade and CloudCover.
  • Advising Oracle in relation to their operations in Indonesia. This includes providing high-level advisory on a wide range of matters, including business compliances, risk advisory, corporate and contracts review.
  • Assisted an Asia-headquartered airline company with a data incident, caused by ransomware malware which encrypted files across multiple servers in Malaysia and Thailand.

UMBRA – Strategic Legal Solutions

UMBRA – Strategic Legal Solutions has a wealth of experience advising tech and telecoms businesses across an array of corporate matters, including M&A, financings, and IPOs. Team head Pramudya Oktavinanda has a broad practice that includes transactions, product development, and regulatory and compliance advice. Co-head Putu Raditya Nugraha is recognsied for his skill in fintech matters, while co-head Ahmad Zakaria’s practice has an emphasis on debt and equity capital markets.

Praxisleiter:

Pramudya Oktavinanda; Ahmad Zakaria; Putu Raditya Nugraha


Kernmandanten

PT Telkomsel Ekosistem Digital


NCR Corporation


An association comprises of multiple state-owned enterprises in Indonesia


PT Kita Bisa Indonesia and its subsidiary


PT Telekomunikasi Indonesia Tbk.