Indonesia
Indonesia’s GoTo launches GoFood on Tokopedia
PT GoTo Gojek Tokopedia Tbk (GoTo), the Indonesia merged entity of Gojek and Tokopedia, has further strengthened synergies across its platforms with the launch of GoFood, its online food delivery service, on Tokopedia.
Indonesia’s DANA closes latest investment from Sinar Mas and Lazada Group
DANA, a digital wallet-based financial technology company in Indonesia, announced Wednesday the close of the latest investment from Indonesian conglomerate Sinar Mas and leading e-Commerce company Lazada Group.
Indonesia’s Diri Care closes $4.3M seed funding co-led by East Ventures, Sequoia Capital India and Surge
Diri Care, an Indonesia-based consumer health technology startup, announced Thursday it has closed its oversubscribed seed round at $ 4.3 million, co-led by East Ventures and Sequoia Capital India and Southeast Asia’s Surge.The round also saw follow-on participation from prominent angel investor, Henry Hendrawan.
Indonesia’s GREENS secures pre- seed funding led by East Ventures
GREENS, an Indonesia-based integrated food technology startup, announced Tuesday that it has secured an undisclosed amount of pre-seed funding led by East Ventures, with participation from the other investors.
Singapore’s 99 Group raises $52M Series C to expand in Southeast Asia
99 Group, a Singapore-based online property platform, has raised $52 million in a Series C round led by Gaw Capital Partners, more than doubles its total capital raised to over $80 million. This includes $37 million which is completed at the first close and a further $15 million to be raised over coming months, of which majority has already been committed.
Indonesia’s IDEAL locks in $3.8M funding co-led by AC Ventures and Alpha JWC
Indonesia-based digital mortgage platform IDEAL announced Wednesday that it has raised a $3.8 million pre-seed funding round co-led by AC Ventures and Alpha JWC. The startup will use the capital injection to focus on product development, hiring, and expanding its offerings.
Singapore’s Carousell acquires Indonesian recommerce platform Laku6
Carousell Group, the Singapore-based recommerce group, announced Tuesday that it has acquired control of Laku6, the artificial intelligence (AI)-first end-to-end electronics recommerce platform in Indonesia, to bolster expansion Of electronics recommerce in Greater Southeast Asia.
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…
