MDI Ventures and Bio Farma formed a new managed fund “Bio Health Fund” of $20 million or around 292 billion Rupiah. Through this managed fund, both of them are targeting early and growth-stage startup investments ...
Modalku Group inaugurated its business expansion in Vietnam. This move marks the fifth expansion of the Modalku Group in Southeast Asia after Indonesia, Singapore, Malaysia, and Thailand, to accommodate MSME players who have limited access ...
East Ventures announced the acquisition of funding of $550 million (8 trillion Rupiah) from various investors. The names of the investors were not detailed, the only one mentioned was Z Holding Group. In addition, it ...
Singapore and Indonesia-based mental health startup Ami has successfully closed an initial funding round of US$ 3 million or Rp 43 billion, including from Facebook parent Meta. This funding is the first investment in an ...
Google has acquired Raxium, a MicroLED technology startup that could be key in building a new generation of augmented reality (AR), virtual reality (VR), and mixed reality (MR) headsets. This was confirmed by Google hardware ...
The Modalku Group (known as Funding Societies in Singapore, Malaysia and Thailand) together with automotive trading platform Carro announced a co-investment in PT Bank Index Selindo (Bank Index). There is no mention of the value ...
In Indonesia, the internet economy grew from $40 billion in 2019 to $44 billion in 2020. Of this value, around 73% or $32 billion came from the e-commerce sector. The pandemic has changed the habits ...
Kudo caught the attention of Grab and had more than two million partners as of mid-2021. The warung digitization startup, now called GrabKios, almost went bankrupt. GrabKios or Kudo provides a digital application that is ...
Job search platform Atma pocketed pre-seed funding of $5 million or around 73 billion Rupiah. This funding was led by AC Ventures and supported by Global Founders Capital (GFC). In addition, a number of founders ...
After a week, Traveloka again announced its collaboration with Bank Jago. The goal is to expand credit distribution through Traveloka Paylater. This was done in the midst of the rapid growth of these financing services. ...
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