Indonesia
Indonesian DTC beauty and wellness Base lands $6M Series A round led by Rakuten Ventures
Base, a technology-based, vegan beauty and wellness brand in Indonesia, announced that it has raised $6 million in Series A funding to strengthen its positioning in Indonesia’s market and to continue fueling its growth. Rakuten Ventures led the round, along with participation from existing investors Antler, East Ventures, Skystar Capital, and Pegasus Tech…
Indonesia fisheries start-up FishLog closes $3.5M pre-Series A round
Indonesia fisheries start-up FishLog announced Wednesday that it has successfully closed its pre-Series A round, with participation from BRI Ventures, Accel, Insignia Ventures Partners, Patamar Capital, Indogen Capital, and Triputra Agri Group.
Airasia super app completes Asean expansion with official launch of platform in Indonesia
The airasia super app is officially launched in Asean’s largest populated country - Indonesia on Wednesday, marking a significant milestone for the region’s fastest-growing travel super app as it completes its Asean expansion plan in 2022, focusing on Bali as a key international tourist market.
AC Ventures launches ACV Academy to support early-stage tech founders
Indonesia-based, early-stage venture capital firm AC Ventures (ACV) announced Wednesday the launch of its education platform for tech entrepreneurs in emerging markets called ACV Academy. The free-to-access, ongoing, training sequence is designed to take the early-stage tech ecosystem in Southeast Asia to a new level of know-how.
IDX partners MVGX to develop Indonesia’s carbon exchange system
Indonesia Stock Exchange (IDX) is exploring the possibility of working with MetaVerse Green Exchange (MVGX), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (MAS), to develop Indonesia’s carbon exchange system.
Indonesia’s Bukalapak revenue grows by 86 percent year on year in 3Q
Indonesian e-commerce company Bukalapak announced Monday that its revenue grew by 86 percent year on year to IDR 898 billion ($57.58 million) in the third quarter of 2022 (3Q22), underpinned by strong performance of its online-to-offline solution Mitra Bukalapak.
Indonesia’s Jago raises $2.2M Pre-Series A round led by Intudo Ventures and BEENEXT
Jago, an Indonesia-based mobile café company, announced Thursday the completion of a $2.2 million Pre-Series A round of financing led by Intudo Ventures and BEENEXT.The round also saw participation from CyberAgent Capital, and Arkblu Capital.
Indonesia’s YOUVIT raises $6M Series B funding led by Unilever Ventures
YOUVIT, an Indonesia-based new generation vitamin brand, announced that it has raised $6 million in a growth funding round. Unilever Ventures is the lead investor of its latest Series B funding round, along with participation from existing investor DSG Consumer Partners and several other new investors.
Indonesia’s FitHappy secures pre-seed funding from East Ventures
FitHappy, an Indonesian-based healthtech startup, announced Monday that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.
