Indonesia
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…
Logistics & vehicle tracking SaaS McEasy closes $6.5M Series A funding led by East Ventures
McEasy, a startup that provides Software-as-a-Service digital solutions for logistics operators and vehicle tracking, has raised $6.5 million (approximately IDR 97 billion) Series A investment round led by East Ventures.
East Ventures remains bullish on Indonesia & Southeast Asia despite headwinds
In the exclusive interview, Cuaca also shared his views on the overall tech ecosystem in Indonesia, startups’ valuation and the firm’s exit strategy.
