Indonesia
Bezos-backed Ula wants to help digitalize MSMEs in Indonesia. Here’s how. [Q&A]
We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its plans and strategy after securing funding, among other issues.
Indonesia’s Pintarnya raises $8M seed fund from East Ventures and VVSEAI
Pintarnya, one-stop digital platform for blue collar workers to find employment opportunities in Indonesia, announced Tuesday it has raised $8 million from East Ventures and Vertex Ventures SEA & India (VVSEAI), bringing the total seed funding to $14.3 million. With this new funding, the group will grow its ecosystem of job seekers and employers across…
Indonesian social commerce platform KitaBeli raises $20M funding led by Glade Brook
KitaBeli, the largest fast-moving consumer goods (FMCG) social commerce platform for consumers in Indonesia’s second-and third-tier cities, announced Monday that it has closed a $20 million funding round led by Glade Brook Capital Partners (Glade Brook), a global growth equity investment firm. Its existing investors, AC Ventures and GoVentures joined the…
Indonesia’s DOKU acquires Malaysia’s senangPay for $7.5 million
DOKU, an Indonesia-based payment platform, announced Thursday it has expanded into Malaysia after acquired an online payment firm senangPay for $7.5 million. The acquisition followed DOKU received funding from Apis Growth Fund II, a private equity fund managed by Apis Partners LLP last year.
Indonesian poultry startup Chickin raises seed funding led by East Ventures
Chickin, an Indonesia-based poultry startup, said Friday it has raised an undisclosed amount of seed funding led by East Ventures with the participation of other investors. The investment will accelerate Chickin’s mission in enhancing Indonesia’s food security, where Chickin will allocate the fund to focus on improving their growth, people, technology,…
Ex-Grab Founding member raises Seed Round for leading D2C brand aggregator Tjufoo
Tjufoo announced on Wednesday that it has raised seed funding by TNB Aura, a Singapore-based thesis-led, high conviction venture capital firm investing across Southeast Asian companies that are primed for the future and ready to change the very face of their categories.
Indonesian proptech platform Tanaku raises $5.5M pre-seed funding led by East Ventures
Tanaku, an Indonesia based proptech startup, said Tuesday it has raised $5.5 million of pre-seed funding led by East Ventures. The round included equity and debt capital from an International Bank, Tanaku. The fresh capital will accelerate Tanaku’s mission to make home ownership accessible and radically transform the home buying experience, with the current…
Indonesian property and construction startup AMODA raises pre-seed funding led by East Ventures
AMODA, a property and construction startup in Indonesia, announced Friday that it has secured an undisclosed amount of pre-seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia. The firm will allocate the fund to scale up the manufacturing facilities, expand its team, and invest in its research and…
Indonesia’s Rey Assurance raises $4.2M seed round co-led by the TPTF and Genesia Ventures
Rey Assurance (Rey), an insurtech company in Indonesia, announced Wednesday $4.2 million in seed funding to advance its digital health products and leading technology platform. The round was co-led by the Trans-Pacific Technology Fund (TPTF) and Genesia Ventures and joined by RDS.
Indonesia’s Kini raises $ 4.3M seed funding led by East Ventures
Kini, an Indonesian on-demand payroll provider, said Thursday it has raised $4.3 million of seed funding led by East Ventures, with participation from other investors. The firm will allocate the fresh funds to continue building out its HR-Fintech product suite, and invest in expanding enterprise partnerships and HR tech providers to power their HR-fintech…
