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East Ventures, SGInnovate Team Up to Build Access for Startups
East Ventures, SGInnovate Team Up to Build Access for Startups 25 April 2017 Indonesia-focused venture capital fund East Ventures and Singapore government agency SGInnovate today announced a partnership to foster stronger regional access for startups based in the two countries. The partnership will be conducted…
Press Release
99.Co Announces US$7.9 Million Funding
99.Co Announces US$7.9 Million Funding 7 April 2017 Singapore headquartered 99.co announces USD $7.9M (~SGD$11M) in latest round of financing. Investors leading the round are Sequoia Capital and Eduardo Saverin, who are existing investors in the company. Other existing investors East Ventures and 500 Startups…
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Grab Makes First Major Acquisition with Kudo, to Build Out Its Payments Platform
GRAB MAKES FIRST MAJOR ACQUISITION WITH KUDO, TO BUILD OUT ITS PAYMENTS PLATFORM 2 April 2017 Grab, Uber’s biggest rival in Southeast Asia, has completed its first major acquisition after it bought up Indonesian startup Kudo to boost its nascent mobile payments platform. Neither party…
Press Release
RALALI DUKUNG PENGEMBANGAN UMKM DI PIK PULOGADUNG
RALALI DUKUNG PENGEMBANGAN UMKM DI PIK PULOGADUNG 21 March 2017 Dinas Koperasi Usaha Mikro Kecil Menengah dan Perdagangan (KUMKMP) Provinsi DKI Jakarta yang mengelola ratusan produsen produk UKM di Perkampungan Industri Kecil (PIK) Pulogadung menjalin kerja sama dengan marketplace Ralali, di kantor KUMKMP, PIK Pulogadung, Jakarta Timur,…
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RUANGGURU DAN LINE HADIRKAN TRYOUT UJIAN NASIONAL ONLINE
RUANGGURU DAN LINE HADIRKAN TRYOUT UJIAN NASIONAL ONLINE 10 March 2017 LINE Indonesia, bekerja sama dengan penyedia layanan pendidikan berbasis teknologi Ruangguru, menggelar Try Out Online LINE Academy untuk membantu pengguna anak muda mempersiapkan Ujian Nasional. Managing Director LINE Indonesia Ongki Kurniawan menjelaskan, program Try…
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Dahmakan Raises US$1.3 Million for an Organized Food Delivery
Dahmakan Raises US$1.3 Million for an Organized Food Delivery 19 February 2017 Dah Makan has become the first food-delivery startup to raise significant capital in Southeast Asia this year, bringing some fire back to what has been a popular niche for local investors. The company…
Press Release
Moka Gets Funding from VC Arm of Indonesia’s Largest Bank
Moka Gets Funding from VC Arm of Indonesia’s Largest Bank 14 February 2017 Indonesian startup Moka announced today it’s raised a $2m round of financing led by Mandiri Capital. Existing investors Convergence Ventures, East Ventures, Fenox, and Northstar Group also participated. Moka offers point-of-sales, cash…
Press Release
Cermati Closes Its Series A Extension from Orange Growth Capital
Cermati Closes Its Series A Extension from Orange Growth Capital 2 February 2017 Indonesia’s financial e-commerce provider, Cermati on February 2 announced that it has raised a seven-digit USD funding from Orange Growth Capital (OGC), a venture capital firm focused on fintech. This investment by…
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