Indonesia

Desty will utilize the new funding primarily for team expansion and user acquisition. This move also marks 5Y Capital's first investment in Indonesia.

Since its launch in September 2016, GREDU has grown its platform, which is currently being used by over 400 schools, bringing its total user base to roughly 400,000. The startup provides its users (students, parents, teachers, and administrators) with a single platform to communicate with each other and keep track of any important details.

The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.

The development came after the startup is said to be weighing going public with special purpose acquisition company (SPAC) as option.

KLAR plans to use the funding for four business goals including R&D development to achieve economies of scale and treatment optimization, expand the company's talent base, enhance branding, and venture into complementary product offerings

Fairbanc's proprietary data science and machine learning platform leverages supply-chain data of FMCG distributor partners which allows financial institutions to assess credit risk and extend working capital to MSMEs with limited credit history and collaterals, according to the disclosure.

Since its founding in 2019 by James Roring M.D., Prixa has raised a total of $4.5 million. The startup plans to use the total raised capital to invest in scaling its user base, reinforcing its relationship with business to business clients, and working on more healthcare services. 

Since its founding in 2019, BukuWarung has been helping MSMEs digitize their businesses by offering numerous accounting solutions to move onto the digital platform. The startup has more than 6.5 million registered partner merchants across 750 Indonesian cities and towns on its platform.

The investment from MDI Ventures and Samsung Ventures will be directed to further improve Alodokter's ecosystem ... Key focus areas going forward include technology innovation, increasing the talent pool, and adding new features and functionalities.