Telkomsel invested $150 million in Gojek in November.

Telkomsel, Indonesia’s largest telecom operator, has written yet another check, this time for $300 million, in favor of ride-hailing firm and super app Gojek. Gojek is one app for ordering food, commuting, digital payments, shopping, hyper-local delivery, getting a massage, and two dozen services. It is Indonesia’s first and fastest growing unicorn building an on-demand business across Southeast Asia. (Telkomsel)

Telkomsel is a JV between state-owned telco giant Telkom Indonesia and Singapore’s Singtel.

Gojek

Founded in 2010, Gojek has raised till date $3.45 billion, according to TechCrunch. Backers of the startup include big names such as Google (NASDAQ: GOOGL), Facebook (NASDAQ: FB), PayPal (NASDAQ: PYPL), Visa (NYSE: V), and Tencent (HKG: 0700).

It is currently in the midst of a historic merger with local e-commerce giant Tokopedia, with the transaction expected to be consummated by end of June.

The merger could be followed by an IPO that could value the combined company at around $40 billion.

Gojek-Telkomsel

Meanwhile, Gojek and Telkomsel have various integrations with each other’s services such as subsidizing the cost of data used by the ride-hailing app’s driver-partners. They are also collaborating on the accelerated digitization of micro, small and medium enterprises.

“As a digital telco company, we continue to carry out continuous development that goes beyond connectivity capabilities, by continuing to develop the digital industry in Indonesia through the contribution of excellence of Telkomsel and Gojek, both in the areas of expertise and innovation,” said President Director of Telkomsel Setyanto Hantoro. “The growing needs of the Indonesian people require a holistic ecosystem, and this can be realized through the synergy between the two companies.”

“Telkomsel’s continued funding will clearly optimize the resources and technology expertise of each company to innovate and expand the benefits of the digital economy for more consumers, driver-partners, and MSME players throughout Indonesia,” said Gojek Group Co-CEO Andre Soelistyo.

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