Indonesia
Sea Ltd former Chief Strategy Officer Alan Hellawell joins AC Ventures as Senior Advisor & Venture Partner
AC Ventures(ACV), an early-stage Indonesia-focused Venture Capital firm, said Wednesday it has appointed Alan Hellawell as Senior Advisor and Venture Partner. Alan will bring to bear deep technology industry experience to support ACV’s portfolio companies in areas such as value creation, advisory, and strategic introductions; as well as apply his expertise…
Indonesia startup studio alumni achieves over $22.7M funding
Startup Studio Indonesia (SSI), a government-initiated incubation program for early-stage startups, officially opened registration for the Batch 5 program in May. The intensive program, developed under the Ministry of Communications and Informatics (Kominfo), aims to assist and advance Indonesia’s early-stage digital startups to achieve product-market……
Indonesia’s Desty bags funding in Square Peg led round
Desty, an Indonesia-based startup building a full stack e-commerce solution for merchants, announced Thursday it has raised a new round of funding led by Square Peg. This is in addition to funds raised from a Pan Asia investor base last year, including East Ventures, Jungle Ventures and 5Y Capital and other prominent angel investors in the region.
Indonesia’s Vidio secures $45M funding led by DSSA
Vidio, an Indonesia-based over-the-top (OTT) platform owned by PT Surya Citra Media Tbk and part of PT Elang Mahkota Teknologi Tbk (Emtek Group) said Tuesday it has secured an additional investment of $45 million from several strategic investors. PT Dian Swastatika Sentosa Tbk (DSSA), a business pillar of Sinarmas Group, through its subsidiary, PT DSST Mas…
Indonesia’s Flip raises $55M in second Series B round led by Tencent
Flip, an Indonesia-based consumer payments platform, announced Tuesday a second close of a Series B funding round led by Tencent, with participation from Block, Inc. (formerly Square, Inc.) and existing investor Insight Partners.
Indonesian integrated fishery firm Aruna aims to make Indonesia center of the world’s maritime economy by 2045. Here’s how:
In the interview, Co-Founder and Chief Sustainability Officer Sus Utari Octavianty also shared details on Aruna’s plan, strategy and challenges it faced.
Indonesia e-commerce logistic solutions startup Biteship secures Seed funding co-led by East Ventures and Beenext
Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.
Singapore alternative funding startup Jenfi launches in Indonesia
Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.
Culinary startup Mangkokku raises $7M Series A funding from Alpha JWC Ventures & EMTEK
Indonesia-based culinary startup Mangkokku announced today its recently closed Series A funding of $7 million co-led by Alpha JWC Ventures and EMTEK, with participation from Cakra Ventures.
