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It remains dedicated to seed-stage investing, cutting checks of up to $500,000, but is now open to larger follow-on checks of up to $5 million, as well as potential investments through special-purpose vehicles, such the $21.2 million vehicle it previously executed for Carousell.

Parcel Perform will use the fresh funding to build out its technology offerings and invest further in artificial intelligence (AI) solutions.

Under their digital road map, this collaboration will encompass several pillars, which include digitalizing real estate workflows and transactions.

MSMEs are the engine of growth for the Indonesian economy, with 60 million+ registered MSMEs contributing approximately 61% of GDP. This enormous category employs over 116 million people, which is equivalent to 97 percent of Indonesia’s labor force. I believe there is tremendous value in providing solutions to MSMEs and opportunities to enter the Indonesian…

BigPay said the funding from SK Group further strengthens AirAsia’s digital endeavor as it accelerates the scope of growth for its digital businesses, including logistics and financial services.

Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.

iProperty Malaysia and thinkofliving will continue to operate separately, PropertyGuru said. The group will work to ensure the smooth integration of the businesses while delivering the same value and services to property seekers, agents, and developers.

The company will use the fresh capital to enhance its data-matching technology across its Singapore, Malaysia, and Philippine markets.

Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.

The investment would go towards its Spark Program in the Asia Pacific region, which aims to build a sustainable startup ecosystem for the region over the next three years.