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Gojek-backed Insurtech Startup PasarPolis Secures $5M From World Bank’s IFC
Indonesian insurtech firm PasarPolis said it has received US$5 million in equity financing from the International Finance Corporation (IFC), a part of the World Bank Group that focuses on accelerating financial inclusion in developing countries.
by techinasia
2021-02-05
2021-02-05
Indonesia's BukuWarung Raises Funding From Rocketship.vc, And Others
Indonesian startup BukuWarung, an accounting app for micro-enterprises, has raised funding from Rocketship.vc, and early backers of global fintech players Adyen, Nubank, Revolut, and an Indonesian retail giant.
by DealStreetAsia
2021-02-03
2021-02-03
Indonesian B2B Marketplace Ula Raises $20M Series A Led By Quona, And B Capital Group
Jakarta-based wholesale e-commerce marketplace Ula has raised $20 million in a Series A round led by existing investor Quona Capital and B Capital Group. Existing investors Sequoia Capital and Lightspeed also participated in the fundraising.
by DealStreetAsia
2021-01-29
2021-01-29
PE Firm General Atlantic Invests $55M In Indonesian Life Sciences Company KGBio
Global private equity firm General Atlantic is investing $55 million in the first round to acquire a minority stake in Indonesia-based Kalbe Genexine Biologics (KGBio), according to a press statement.
by DealStreetAsia
2021-01-27
2021-01-27
Indonesia's Aquaculture Startup eFishery Appoints Former GoPay CEO As New Commissioner
Indonesian aquaculture startup eFishery has roped in former GoPay CEO Aldi Haryopratomo as its commissioner, per an announcement. Haryopratomo joined GoPay in December 2017 and has helmed it to become one of the largest e-wallets in the archipelago.
by DealStreetAsia
2021-01-26
2021-01-26
South Korea's Hanwha Leads $300M Round in Grab's Financial Services Arm
Southeast Asian ride-hailing and food delivery giant Grab said on Thursday it has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its fast-growing financial services business.
by Reuters
2021-01-14
2021-01-14
Indonesian Investment App Bibit Confirms $30M Funding Led by Sequoia
Bibit, an Indonesian digital investment app, has announced the raising of $30 million from Sequoia Capital India, with backing from existing investors such as East Ventures, EV Growth, AC Ventures, and 500 Startups.
by DealStreetAsia
2021-01-06
2021-01-06
Gojek In Advanced Discussions With Tokopedia Over $18B Merger, IPO
Indonesia’s ride-hailing and payments giant Gojek is in advanced discussions about merging with local e-commerce pioneer PT Tokopedia, ahead of a planned initial public offering of the combined entity, according to people with knowledge of the matter.
by Bloomberg
2021-01-05
2021-01-05
Otoklix to Expand Its O2O Solutions for Automotive Aftermarket in Indonesia with US$2M+ Financing
Otoklix claims its mobile app simplifies vehicle maintenance, allowing users to book services at any recommended independent workshop nearby and receive a standardised price and service level.
by e27
2020-12-04
2020-12-04
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