Indonesia

Indonesia’s Mekari secures $50M funding led by Money Forward

Mekari, an Indonesia-based software-as-a-service (SaaS) startup, announced Friday its latest funding of $50 million led by Money Forward Inc, the largest SaaS provider of…

Finku secures $2.8M Seed funding led by B Capital, Trihill & Global Founders Capital to boost its Indonesian expansion

Finku, an Indonesia-based financial services application platform that streamlines and automates budgeting and expense tracking, has raised $2.8 million in its latest seed funding…

East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups

Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East…

Malaysian Prime Minister too, tries to court Tesla to invest in the country – report

Malaysia Prime Minister Ismail Sabri Yaakob has suggested US-headquartered electric vehicle maker Tesla to invest and produce electric car in the country as he presented Malaysia…

Investree to acquire 18.4 percent stake in Indonesian digital bank Amar Bank

Investree Singapore Pte Ltd (Investree Group), a holding company of Southeast Asian fintech lending platforms for micro, small, and medium enterprises (MSMEs), is set to acquire…

Indonesia’s Qoala raises $65M Series B funding led by Eurazeo

Indonesia-based insurtech startup Qoala, said Wednesday it has successfully raised Series B funding of $65 million led by Eurazeo. The round also saw participation from several…

Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report

Singapore-headquartered e-commerce and gaming giant Sea Ltd is said to be preparing a move into Indonesia’s insurance sector. The US-listed tech firm has prepared plans to acquire…

Fundnel Group and BRI Ventures launch fund for Indonesian growth-stage start-ups

Fundnel Group, Singapore-based marketplace for alternative assets, has signed a Memorandum of Understanding (MoU) on Monday with BRI Ventures (BVI), the corporate venture capital…

Indonesia’s Moladin raises $95M Series B funding to grow its automotive ecosystem

Moladin, an Indonesia-based omnichannel used car marketplace, announced Monday it has secured Series B funding of $95 million led by global internet investment firm DST Global.…

Indonesian social job platform Atma raises $5M in oversubscribed pre- seed round led by AC Ventures

Atma, an Indonesia-based social job platform powered by community, said Monday it has raised $5 million in an oversubscribed pre-seed round led by AC Ventures with participation…