20 May 2022 11:31
Coatue and Insight Partners have led the series D funding for the financial technology (fintech) start-up, Xendit, investing USD 300 million or IDR 4.3 trillion.
Xendit secures another funding, this time worth USD 300 million
13 May 2022 11:59
PT Bio Farma, alongside MDI Ventures, will establish Bio-Health Fund, an investment company that will raise fundings for biotechnology-and-healthcare-oriented start-ups.
Establishing Bio-Health Fund, Bio Farma & MDI Ventures to invest USD 50 million
04 Apr 2022 11:18
PT Sunday Ins Indonesia, the company that manages Sunday, a technology-based insurance service (InsurTech), in Indonesia, has appointed Vinia Lestianti Erwin as the Chief of Business Development & Partnership (CBDO).
Solidifying its business, Sunday Ins Indonesia appoints new CBDO
24 Mar 2022 09:37
PT Bukapalak.com Tbk (BUKA) released an official statement regarding the issue of an acquisition of an education start-up, Bolu.id, which is managed by PT Belajar Tumbuh Bersama (BTB).
Bukalapak clarified the rumor of an acquisition worth IDR 14 trillion
19 Jan 2022 18:19
PT Mandiri Capital Indonesia (“MCI”) - a leading corporate venture capital (CVC) company belonging to the Mandiri Group - announced the company's performance throughout 2021 as well as plans to continue the company's focus in 2022.
Mandiri Capital Indonesia funded up to seven startups throughout 2021
13 Jan 2022 08:41
An Indonesian-based integrated investment platform, Pluang, has secured a funding of USD 55 million, equivalent to IDR 787.3 billion.
Pluang gains funding of USD 55 million, led by Accel
17 Dec 2021 14:16
Otoklix, an O2O (online-to-offline) automotive startup from Indonesia, recently secured Series A funding of US$10 million or around IDR140 billion from Alpha JWC Ventures, AC Ventures, Surge and a number of other investors.
Otoklix secures US$10 million Series A funding from Alpha JWC Ventures and AC Ventures
06 Oct 2021 09:22
Ula, a business-to-business (b2b) e-commerce start-up from Indonesia, had just scored USD 87 million in its Series B funding from several investors, including Tencent and venture capital (VC) of Amazon’s founder.
Ula secures investments from Tencent and Jeff Bezos’s VC06 Aug 2021 14:47
PT Bukalapak.com Tbk (BUKA) has raised fresh funds of IDR 21.9 trillion from its Initial Public Offering (IPO) in Indonesia Stock Exchange (IDX) after applying IDR 850 per share as the execution price.
Bukalapak scores IDR 21.9 trillion in IPO, the highest return of all time
05 Aug 2021 16:43
In conjunction with the inaugural HUAWEI CLOUD Spark Founders Summit in Hong Kong and Singapore, Huawei announced plans to invest US$100 million to support startups in the Asia Pacific region.
Huawei invests US$100 million in Asia Pacific startup ecosystem