Indonesia
Indonesian property and construction startup AMODA raises pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, announced Friday that it has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. The firm will allocate the fund to scale up the manufacturing facilities, expand its team, and invest in its research and…
July 8, 2022
Indonesia’s Rey Assurance raises $4.2M seed round co-led by the TPTF and Genesia Ventures
Rey Assurance (Rey), an insurtech company in Indonesia, announced Wednesday $4.2 million in seed funding to advance its digital health products and leading technology platform. The round was co-led by the Trans-Pacific Technology Fund (TPTF) and Genesia Ventures and joined by RDS.
July 7, 2022
Indonesia’s Kini raises $ 4.3M seed funding led by East Ventures
Kini, an Indonesian on-demand payroll provider, said Thursday it has raised $4.3 million of seed funding led by East Ventures, with participation from other investors. The firm will allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding enterprise partnerships and HR tech providers to power their HR-fintech…
July 7, 2022
News,Investments,Logistics,Indonesia
Logistics & vehicle tracking SaaS McEasy closes $6.5M Series A funding led by East Ventures
McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised $6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.
July 5, 2022
SEA,Venture Capital,TNGlobal Q&A and Interviews,Indonesia,Features
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
In the exclusive interview, Cuaca also shared his views on the overall tech ecosystem in Indonesia, startups’ valuation and the firm’s exit strategy.
July 4, 2022
News,Indonesia,FinTech,Investments
Indonesia’s Mapan secures $15M Series A funding co-led by Patamar Capital and PT Astra Digital Internasional
Mapan, an Indonesia-based FinTech startup, announced Tuesday it has closed a successful Series A round of $15 million co-led by Patamar Capital and PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra). The round also saw participation from Indonesian giants BRI Ventures, SMDV, Blibli, Prasetia Dwidharma, and global venture…
June 30, 2022
News,Investments,Indonesia,Logistics
Indonesia’s Fresh Factory secures $4.5M seed funding led by East Ventures
Fresh Factory, an Indonesia-based integrated cold chain fulfillment and enabler startup,a cold chain fulfillment startup, announced Monday that it has secured $4.5 million of seed funding led by East Ventures. The round also saw the participation of PT. Saratoga Investama Sedaya TBK, Trihill Capital, Indogen Capital, Prasetia Dwidharma, Number Capital, Y…
June 28, 2022
Indonesia’s Populix raises $7.7M Series A funding led by Intudo Ventures and Acrew Capital
Populix, an Indonesia-based homegrown consumer insights platform, announced Monday the closing of a $7.7 million Series A round of financing, led by Intudo Ventures and Acrew Capital, with participation from Altos Ventures and Quest Ventures. With this round of financing, it will reinforce its efforts to digitize the entire data collection process.
June 27, 2022
News,Indonesia,Malaysia,Transportation
Indonesia’s Gojek says ‘no current plans’ to enter Malaysia
“Gojek is not currently available in Malaysia and we have no current plans to enter the market,” a Gojek spokesperson told TechNode Global in an email.
June 24, 2022