Indonesia
SEA,Indonesia,Transportation,FinTech,Vietnam
Gojek integrates MoMo’s e-wallet on the Gojek app in Vietnam
Two super apps Vietnam's MoMo and Indonesia's Gojek, announced Monday a strategic partnership, which will see MoMo become the first e-wallet to be integrated in the Gojek app in Vietnam. Gojek and MoMo will combine the technological strengths and wide-reaching ecosystems of the two platforms, aiming to accelerate the use of cashless payments and provide a…
March 14, 2022
Indonesian auto-financing startup Broom raises $3M in pre-seed funding round led by AC Ventures
Broom has raised $3 million in a pre-seed funding round led by AC Ventures. Quona Capital and several angel investors, including Founders of unicorn startups in Indonesia, such as Kopi Kenangan and Lummo, also joined the round. The funding will be used to accelerate the company’s growth by improving customer experience with tech-based solutions through new…
February 25, 2022
News,Indonesia,Malaysia,PropTech
Malaysia’s Instahome partners with Indonesia’s Flokq to revolutionize the long-term home rental industry in Southeast Asia
Flokq and Instahome, the full-stack online to offline long-term rental platforms in Indonesia and Malaysia, on Wednesday announced a partnership spanning marketing and distribution, leveraging off each other’s property inventory, technology capabilities, and know-how hinting towards a strong prop-tech alliance that is shaping up in the region.
February 23, 2022
News,EdTech,Indonesia,Mergers and Acquisitions
Indonesian edtech firm Zenius acquires tutoring services provider Primagama
Primagama has officially become part of the Zenius learning ecosystem through the signing of an agreement earlier this year. Through this corporate action, Zenius will strengthen its commitment to create a new level of education in Indonesia through hybrid learning.
February 22, 2022
News,Indonesia,Blockchain / Crypto
Indonesia’s NOBI lands $4M in an oversubscribed seed funding round led by AC Ventures
NOBI announced Thursday a $4 million in an oversubscribed seed funding round led by AC Ventures, with participation from Appworks, Skystar Capital, Cakra Ventures, Global Founders Capital (GFC), and angel investors. The funding will be used to further enhance its product, grow its Honest Token (HNST) utility and expand the team.
February 17, 2022
News,Venture Capital,Indonesia
Indonesia’s AC Ventures appoints venture capital veteran Helen Wong as Senior Advisor and Venture Partner
Indonesian venture capital firm AC Ventures announced Monday that venture capital veteran Helen Wong has joined as the fund Senior Advisor and Full-Time Venture Partner.
February 14, 2022
News,Investments,Indonesia,SaaS
Indonesian SaaS firm Majoo nets $5M more in pre-series A round led by AC Ventures & Quona Capital
Majoo has raised $5 million more in pre Series A funding led by AC Ventures and Quona Capital with participation from BRI Ventures, Xendit, bringing the total raised for the latest round to $9 million. With its new funding, it will accelerate its product development including instant online store, and marketplace integration, enhance market penetration and…
February 10, 2022
Indonesian online grocery platform Happy Fresh launches HappyFresh Supermarket
Happy Fresh has launched HappyFresh Supermarket to extend fresh and dry grocery accessibility by significantly growing its dark store presence in the Southeast Asian region. It aims to provide an easy and convenient online grocery shopping experience, with high-quality and freshly handpicked products brought right to their customers’ doorsteps with free…
February 8, 2022
Indonesian quick commerce startup Bananas raises $1.5M seed funding led by East Ventures
Bananas has secured $1 million in seed funding led by East Ventures, with the participation from SMDV, ARISE, MDI Ventures and a few angel investors. It has also been accepted into the prestigious YCombinator Winter 2022 batch that has a 2 percent acceptance rate among tech startups who applied globally, adding Y Combinator as one of Bananas’ investors with…
February 8, 2022
Indonesian healthtech platform Sirka raises $2.6M in seed funding co-led by AC Ventures and Wavemaker Group
Sirka has completed its $2.6 million seed funding round co-led by AC Ventures and Wavemaker Group. Sequoia, YC, Goodwater Capital, and several angel investors, such as ex-Sequoia’s Tim Lee and singer or entrepreneur Maudy Ayunda, also participated in the round. the funding received will be focused on building the largest and most active health community in…
February 7, 2022