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.
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.
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…
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…
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.
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.
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.
