Indonesia
Proptech firm MilikiRumah launches maiden private equity fundraise of $50M
MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.
Equinix unveils its first AI-ready data center with dense ecosystem in Jakarta
Equinix, Inc., the global digital infrastructure company, has unlocked Indonesia’s burgeoning digital opportunities by inaugurating its first International Business Exchange (IBX) data center in Jakarta under the joint venture with PT Astra International Tbk (Astra).
Google Cloud expands AI-ready data center capacity in Jakarta
Google Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand.
Toyota acquires 40 percent stake in Astra’s used car unit for $120M
Indonesia-based conglomerate Astra and Japan-based automotive firm Toyota are strengthening their strategic partnership and expanding collaboration in the used car business in Indonesia through a partnership in PT Astra Digital Mobil (ADMO).
V-GREEN partners four firms to deploy over 60,000 VinFast EV charging ports in Indonesia with projected investment of $300M
Vingroup's electric vehicle (EV) charging station developer V-GREEN has announced the signing of memorandum of understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target.
Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore
While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.
Singapore’s super app Grab looks to strike deal to acquire Indonesia’s GoTo in 2Q – report
Grab Co-Founder and CEO Anthony Tan declined to comment to TNGlobal's query on Grab-GoTo merger news when asked at GrabX event in Singapore last month.
AC Ventures strengthens gender-smart climate investing strategy through IFC’s We Fund Climate program
AC Ventures (ACV), an Indonesia-based investment firm, has deepened its commitment to inclusive climate innovation through active participation in the We Fund Climate program by the International Finance Corporation (IFC).
Indonesia’s Arysun secures $575,000 Pre-Seed funding to accelerate solar adoption in Southeast Asia
Arysun, an Indonesia-based climate-tech startup, has raised $575,000 in pre-Seed funding led by Wavemaker Impact, with additional participation from the First Move Fund.
Indonesia’s DailyCo acquires B2B catering and canteen management services firm Waku
DailyCo, an Indonesia-based multi-brand food and beverage (F&B) operator, has acquired Wadah Kuliner (Waku), a local F&B company offering catering and canteen management services for corporate and governmental clients.
