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 ...
E-commerce startup, Bukalapak is reported to have earned investment of US$ 234 million or around IDR 3.4 trillion. This funding round was led by Microsoft, Singapore’s GIC sovereign wealth fund, and Indonesian media conglomerate Emtek. ...
IDCloudHost announced that it has received funding worth USD 5 million or around IDR 72 billion from Init 6. In this investment company, former Bukalapak founder Achmad Zaky became a Founding Partner. Alfian Pamungkas Sakawiguna, ...
Decacorn in the country, Gojek invests in the financial technology (fintech) payment company LinkAja. In November last year, Grab also injected capital into this state-owned fintech. Through this investment, Gojek will become part of LinkAja’s ...
Unicorn Traveloka plans to expand its financial technology (fintech) services to Thailand and Vietnam. This jumbo startup is also reviewing investment in banks in Indonesia. The plan is for expansion to the two countries before ...
FUNDtastic’s investment and financial management platform raised a total of US $ 7.7 million or around IDR107 billion using an exchange rate of IDR 14,000 per dollar, in early 2021. Harry Hartono, co-founder and CEO ...
Singapore-based Decacorn, Grab, is reported to have secured funding from a South Korean-based venture capital company, Signet Partners. This investment was obtained when Gojek’s competitor was said to be planning to offer an IPO. The ...
Unicorn Indonesia, Traveloka plans to offer its initial shares, aka IPO, on the stock exchange of the United States (US) this year. This travel service provider startup or an online travel agent (OTA) is also ...
The Indonesia Stock Exchange (IDX) will accommodate the three main requirements requested by technology startups (startups) with a valuation of above US $ 1 billion or unicorns to list their initial shares on the IDX. ...
The Financial Services Authority (OJK) noted that funding for Indonesian venture capital companies to startups rose 5.69% annually (year on year / yoy) to IDR 13.44 trillion last year. The Venture Capital Association for Indonesian ...
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