Nearly US$500 Million Investment by Expedia, East Ventures Highlight Confidence in Traveloka
Traveloka is the clear online travel company leader in Indonesia, and is expanding aggressively throughout Southeast Asia.
Julo Raises Seed Round Led by Indonesian Venture Capital East Ventures
Julo will use the capital to accelerate financial inclusion in Indonesia, focusing on 100 million underbanked people to obtain loans for their personal use.
Education Startup from Indonesia Ruangguru Raises Series B Round
With the Series B funds raised from East Ventures and other investor, Ruangguru will push for greater adoption of its product in Indonesia.
New Jakarta Co-Working Space by CoHive Links Government with Startups
The space, called JSCHive, will serve as a bridge between Jakarta Smart City as a government and Jakarta’s burgeoning startup community.
Google Launchpad Selects Sirclo and Cicil for Accelerator Programme
They will join the fourth batch of Southeast Asian startups that will join the Launchpad Accelerator programme at Google Headquarters in Silicon Valley.
EV Hive Expands in Indonesia Amid Co-Working Boom
Originally part of venture capital firm East Ventures, the coworking space unit is preparing to spin out as an independent business.
Moka Gets Funding from VC Arm of Indonesia’s Largest Bank
Moka offers point-of-sales, cash flow management, and a customer relationship management tool for small and medium enterprises (SMEs).
Berrybenka Bags Major Funding to Open Physical Stores
Berrybenka CEO says the startup will explore new areas like increase offline activities like selling through pop-up stores.