Indonesia
Indonesia’s Bukalapak revenue grows by 86 percent year on year in 3Q
Indonesian e-commerce company Bukalapak announced Monday that its revenue grew by 86 percent year on year to IDR 898 billion ($57.58 million) in the third quarter of 2022 (3Q22), underpinned by strong performance of its online-to-offline solution Mitra Bukalapak.
Indonesia’s Jago raises $2.2M Pre-Series A round led by Intudo Ventures and BEENEXT
Jago, an Indonesia-based mobile café company, announced Thursday the completion of a $2.2 million Pre-Series A round of financing led by Intudo Ventures and BEENEXT.The round also saw participation from CyberAgent Capital, and Arkblu Capital.
Indonesia’s YOUVIT raises $6M Series B funding led by Unilever Ventures
YOUVIT, an Indonesia-based new generation vitamin brand, announced that it has raised $6 million in a growth funding round. Unilever Ventures is the lead investor of its latest Series B funding round, along with participation from existing investor DSG Consumer Partners and several other new investors.
Indonesia’s FitHappy secures pre-seed funding from East Ventures
FitHappy, an Indonesian-based healthtech startup, announced Monday that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.
Indonesia’s Runchise raises seed funding led by East Ventures
Runchise, a restaurant management startup and culinary franchise in Indonesia, announced Friday the completion of seed funding led by East Ventures.Other investors participating in this funding round include Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors.
Indonesia’s Xurya receives additional funding from Mitsui to top $33M Series A
PT Xurya Daya Indonesia (Xurya), a solar power rental and installation startup, has received additional series A funding from global trading and investment company Mitsui & Co., Ltd. (Mitsui) and PT Surya Semesta Internusa Tbk (SSIA). Its total funds obtained through series A reached 33 million US dollars following the raise.
Indonesia e-commerce group Blibli plans up to $528M IPO next month – report
The IPO plan follows the $1.1 billion IPO of GoTo Group, Indonesia's biggest tech firm, earlier this year and the 2021 $1.5 billion IPO of BukaLapak.
Indonesia’s unicorn Kopi Kenangan debuts in Malaysia – report
Founded in 2017, Kopi Kenangan expanded to more than 850 outlets in 64 cities in Indonesia and officially became the first Southeast Asia company to achieve 'unicorn' status in the F&B category in December last year.
Indonesian farming startup Beleaf raises $2M seed funding led by Alpha JWC Ventures
Indonesian smart farming startup Beleaf announced Monday its recently closed Seed funding of $2 million led by Alpha JWC Ventures, with participation from BRI Ventures’ Sembrani Nusantara, MDI-Finch Capital’s Arise, and several prominent angel investors.
Indonesian financial management platform Pocket raises pre-seed funding led by East Ventures
Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced Monday the completion of an undisclosed amount of pre-seed funding led by East Ventures.
