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Indonesia is the country with the fifth-largest number of startups in the world, with more than 2,200 start-ups, including four unicorns and one decacorn. Although the pandemic is still rolling in the country, venture capital ...
Decacorn Singapore, Grab reportedly bought around 4% stake in the Indonesian media conglomerate Elang Mahkota Teknologi (Emtek). This step is considered to increase the opportunities for OVO and DANA to merge. The value of shares ...
Decacorn Singapore, Grab Holdings plans to establish an endowment fund for the GrabForGood Fund. This on-demand service provider company has prepared an initial fund of US$ 275 million or around IDR 4 trillion. A total ...
After its latest funding, Australian graphic design service provider Canva now holds decacorn status. The company said that the valuation has reached US$ 15 billion or equivalent to IDR 218.5 trillion after receiving an investment ...
The plan to merge Gojek and Tokopedia seems to be getting closer to reality. The merger of the two companies is estimated to create a business valuation of up to US$ 35 billion to US$ ...
An on-demand service company, Gojek, attracted 900 thousand Micro, Small, and Medium Enterprises last year. The Decacorn also revealed the seven trends of digital MSMEs and the opportunity to gain profit in 2021. Gojek Chief ...
The Ministry of Communication and Informatics (Kominfo) created a platform to bring together digital startups with investment or venture capital investors through the Startup Studio Indonesia program. Minister of Communication and Information, Johnny G. Plate, ...
E-commerce company, Tokopedia confirmed that it has received funding from Google and Temasek. With this additional capital, the unicorn has the opportunity to become a decacorn. However, Tokopedia CEO William Tanuwijaya did not mention the ...
A Singaporean investment company, Temasek Holdings, noted that funding to Southeast Asian unicorns has continued to decline since last year. Startups with a jumbo valuation are also encouraged to record profits. There are at least ...
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