Indonesia

Indonesian culinary multi-brand startup Hangry, announced Monday its latest equity and debt funding of $22 million, making it to $35 million in total with Series A equity funding last year. The equity funding portion was led by Hangry’s new investor–Journey Capital Partners, with participation from Orzon Ventures, Sassoon Investment Corporation (SassCorp),…

JULO, an Indonesia-based FinTech firm, said Wednesday it has secured $80 million funding from Credit Saison, a Japanese financial services company affiliated to Mizuho Financial Group. This funding includes a mix of $30 million equity and $50 million debt fully funded by Credit Saison.

GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.

ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.

Indonesian textile tech platform Wifkain said Wednesday it has raised a seed round led by Insignia Ventures Partners as it builds Indonesia’s first tech-enabled textile trading platform. Prominent angels including Atome’s Wawan Salum participated in this round. The funding will go towards expanding the suite of services provided to small and medium sized…

Indonesia-based content platform IDN Media announced Tuesday that it has launched a 50 billion Rupiah ($3.5 million) IDN Live Streamer fund to build the streamers ecosystem in IDN Live. The fund is an initiative by IDN Live to give appreciation to the streamers and to empower them in their journey as live streamers.

Gotrade, a Singapore-based investing platform, said Tuesday it has raised $15.5 million in a Series A round led by Velocity Capital Fintech Ventures (Velocity). The round also saw participation from investors around the globe including Mitsubishi UFJ Financial Group (MUFG) from Japan, BeeNext from Singapore, Kibo Ventures from Spain, Picus Capital from…

CrediBook, an Indonesia-based bookkeeping app, announced Tuesday its $8.1 million Series A funding round led by Monk’s Hill Ventures with participation from existing investors such as Insignia Ventures Partners and Wavemaker Partners. This round of funding will be used to accelerate CrediBook’s nationwide expansion, product development, talent acquisition,…

Indonesia-based venture capital firm Alpha JWC Ventures announced Tuesday a strong first quarter showing as the company witnessed record portfolio growth with 30 new signed deals from its Fund III - with over $100 million deployed.

Gojek had acquired the stake in 2019 when it plans to expand into the Philippines.