Indonesia

This ‘Super Angel’ round included leaders and executives from Islamic finance and fund management across various jurisdictions.

The delay comes as Indonesia's Financial Services Authority (OJK) considers new listing guidelines for tech companies to offer dual-class shares that confer different voting rights.

MSMEs are the engine of growth for the Indonesian economy, with 60 million+ registered MSMEs contributing approximately 61% of GDP. This enormous category employs over 116 million people, which is equivalent to 97 percent of Indonesia’s labor force. I believe there is tremendous value in providing solutions to MSMEs and opportunities to enter the Indonesian…

Bukalapak is Indonesia’s fourth-largest e-commerce company after Tokopedia, Sea Ltd’s Shopee and Alibaba’s Lazada.

Public listing expected to enable Kredivo’s continued growth in Indonesia, expansion into regional markets, and the ability to enter new business lines.

The fundraising, a so-called private investment in public equity (PIPE), would be part of a deal to merge the online travel startup with Bridgetown Holdings Ltd as soon as this year.

The group and its 66.48 percent subsidiary, PT XL Axiata Tbk, has entered a non-binding term sheet with Asia Link Dewa Pte Ltd and PT First Media Tbk to facilitate discussions and negotiations for a potential acquisition of 1.82 billion shares or 66.03 percent stake in Link Net.

The team plans to improve service offerings such as more payment methods, better user experience and assortment, bringing its service to more families in each country across the region.

Affordable clear aligners are in demand, as brands from overseas entering Indonesia are seen as unaffordable. 

In addition to the maiden project in Batam, Data Center First will also work with Gaw Capital Partners to originate, evaluate and develop data center projects in Southeast Asia and beyond.