aastha
Aastha is an Indonesia correspondent at DealStreetAsia, covering startup funding, deals, M&A and public listings in Indonesia as well as Singapore. Her previous stints include roles at NDTV, CNBC TV 18 in India and Forbes Indonesia.
Stories by aastha
Rigel Capital to close early-stage fund at over $40m; AUM tops $250m
The company recently invested $3m in the Indonesian startup Noovoleum.
Social commerce platform Raena shuts down after six years of operations
Founder Sreejita Deb cites shifting consumer demand, competition, and cash flow challenges.
Indonesia’s Ula winds down, offers partial investor payout
The investors are likely to recover only about a third of their original investments.
Grab and GoTo said to have revived merger talks with 2025 deal in sight
A potential deal still has to overcome hurdles like regulatory approvals and antitrust concerns.
SoftBank-backed Carro said to gear up for billion-dollar IPO plan
If Carro's plans materialise this year, it will join peer CarDekho in the capital market line-up.
Alpha JWC Ventures plans fourth fund, backs ex-exec’s venture studio
The fund's target is smaller than its $443m predecessor.
Indonesian PE firm Novae Capital hits $100m first close of debut fund
It plans to close the vehicle at $150-200m by end-2025.
Malaysia’s Axiata looking to sell stake in Indonesian telco Link Net
The potential deal could fetch up to $1b for controlling shares in Link Net.
Northstar Group said to be in merger talks with Ares Management
Northstar is looking at a potential sale of its majority stake.
Indonesian taxi operator Blue Bird weighs minority stake sale
The deal is likely to involve a secondary share sale and a growth equity round.
