Indonesia

Indonesia’s Cosmart raises $5M Seed funding from Lightspeed, East Ventures, and Vertex Ventures Southeast Asia & India

Cosmart, an Indonesian membership-driven ecommerce platform for essential goods, announced Monday that it raised $5 million in an oversubscribed seed funding from Lightspeed, East…

Indonesia’s Traveloka gets $300M investment from BlackRock, Allianz, Orion Capital Asia and others

Indonesia Investment Authority (INA), BlackRock, Allianz Global Investors, Orion Capital Asia, and other leading global financial institutions have signed an agreement to provide…

Indonesia’s SerMorpheus raises $2.5M Seed fund led by Intudo Ventures

SerMorpheus, an Indonesia-based web3 brand-retailer enabler, announced Thursday the completion of a $2.5 million seed round of financing led by Intudo Ventures. The round also saw…

WeLab and Astra complete Bank Jasa Jakarta acquisition

WeLab, a Hong Kong-based fintech platform, announced Monday the completion of the acquisition of an Indonesian commercial bank, PT Bank Jasa Jakarta (BJJ), together with PT Astra…

Indonesian crypto exchange Reku grabs $11M led by AC Ventures

Indonesia-based crypto exchange and marketplace Reku (formerly Rekeningku.com) has secured an $11 million series A funding round, led by AC Ventures (ACV), with participation from…

Indonesia insurtech PasarPolis partners Shopee for SEA expansion

Indonesia-based insurtech PasarPolis has partnered with e-commerce giant Shopee to provide affordable and accessible insurance for customers across Indonesia, Thailand, and…

Singapore and Indonesia-based Fazz secures $100M Series C funding

Singapore and Indonesia-based digital financial services group Fazz (previously known as Fazz Financial Group), announced Wednesday a $100 million Series C funding round. This…

Indonesia’s UENA raises seed funding led by East Ventures

UENA, a hyperlocal online food and beverage (F&B) startup based in Indonesia, has raised an undisclosed seed funding round led by East Ventures, with a strong participation…

Indonesia’s Akulaku partners with China’s Alipay+ for BNPL service

Akulaku, an Indonesia-based banking and digital finance platform, announced Tuesday the Akulaku PayLater partnership with Chinese cross-border digital payments firm Alipay+, which…

Indonesia’s Gokomodo raises $26M Series A funding led by East Ventures

Gokomodo, an Indonesian agriculture supply chain platform, announced Tuesday a $26 million series A funding round led by East Ventures. Other investors participating in the…