Indonesia
Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer
Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.
Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects
Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).
Indonesia’s FLIK secures $1.1M pre-seed funding led by East Ventures
FLIK, an Indonesian-based startup that provides a unified checkout solution, announced Monday that it had secured $1.1 million of pre-seed funding led by East Ventures. The round also saw the participation of Init-6, GMO VenturePartners, and Saison Capital.
Ushering into an uncertain 2023: here’s what VCs & experts think
There are reasons to be optimistic, according to VC firms.
Indonesia plans to start crypto exchange in 2023 – report
Crypto assets in the country are currently traded alongside commodity contracts under the supervision of the Commodity Futures Trading Regulatory Agency.
Society Pass’s NusaTrip opens regional office in Singapore
NusaTrip, Indonesia's first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (SoPa), has on Wednesday announced the opening of its first regional office in Singapore and first office outside of Indonesia.
Gojek launches new ride-hailing services in Singapore
Gojek has on Tuesday announced the expansion of its transport offering in Singapore with the scheduled launch of GoCar Kids and GoCar XL Kids, its on-demand service type for those travelling with children aged four to seven years.
Indonesia’s Akulaku raises $200M investment from MUFG
Akulaku, an Indonesia-based banking and digital finance platform, announced Monday a $200 million investment from Japanese megabank Mitsubishi UFJ Financial Group (MUFG).
Indonesia’s Gree Energy raises $ 3.2M pre-series A round led by Earthcare
Gree Energy, an Indonesia-based biogas-to-energy firm, announced Wednesday it has secured $3.2 million pre-series A funding round led by Earthcare Group.
Indonesia’s Fita receives $1.9M strategic investment from INDICO
Fita, a preventive health startup based in Indonesia, has on Wednesday announced a strategic investment of $1.9 million from INDICO, a Telkomsel's subsidiary organizing businesses in the digital sector.The fresh investment will be allocated for key product development, further enhancing Fita's health ecosystem that focuses on users but also on completing…
