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East Ventures led funding to the financial technology startup (fintech) Fraction of US$ 3 million or around IDR 43 billion. This startup provides an investment platform that is supported by non-fungible tokens aka NFT. Other participating investors are Emtek Group, Thakral Limited, V Ventures, and ...
Wealthtech platform Pluang has raised $55 million in funding, or the equivalent of IDR 787 billion, led by Accel, a global venture capital firm based in Silicon Valley. As a continuation of the previously announced series B funding, Pluang has ...
After the launch of TokoLaunchpad version 2.0 at the end of 2021, Tokocrypto is now collaborating with BRI Ventures through the Sembrani Wira Akselerator initiative to develop the Tokocrypto Sembrani Blockchain Accelerator (TSBA). This program aims to empower startup projects with blockchain technology and tokenization in Indonesia. Tokocrypto CEO Pang Xue Kai called this collaboration ...
The peer-to-peerlending platform GandengTangan in 2021 managed to disburse loans of up to IDR 40.5 billion, a 10-fold increase from the previous year. In the same year, GandengTangan also obtained a licensed status from the OJK. Even though the 2020 ...
Renewable energy startup Xurya announced a series A funding round of $21.5 million (approximately 308 billion Rupiah) led by East Ventures (Growth Fund) and PT Saratoga Investama Sedaya Tbk (Saratoga). This confirmed value is greater than the information that DailySocial.id received in ...
PT Yelooo Integra Datanet Tbk (IDX: YELO) or known by its product Passpod announced that it has acquired 49% stake in PT Telemedia Communication Pratama (TKP). TKP itself is known as an internet service provider (ISP) based on fiber optic under the Viberlink brand. Based on disclosure, the ...
Sirclo, an e-commerce enabler company, announced the acquisition of Warung Pintar. Warung Pintar will be part of the Sirclo Group. They will jointly present a comprehensive omnichannel solution for principals, brands, distributors, business actors, to end consumers. This move marks Sirclo’s second corporate ...
The pandemic has changed people’s habits of buying property. In the past, people search properties offline, now many choose online. Even though at the beginning of the pandemic the proptech business had problems, but after most people ...
PT Trans Retail Indonesia (part of CT Corp), PT Bukalapak.com Tbk, and GrowtheumCapital Partners (AlloBank investor) will soon launch the “AlloFresh” grocery platform. This plan was announced by Chairul Tanjung in January 2022 — at that time CT only said it ...
Lamudi.co.id announced the acquisition of OLX Indonesia’s property business. Starting earlier this year, Lamudi.co.id’s line of business is fully operated. This strategy is part of Lamudi’s ambition to become the largest proptech in Indonesia. For the record, Emerging Markets Property Group ...
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