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
eFishery co-founders’ suspension sparks investor anxiety
eFishery’s troubles have dented the optimism surrounding local startups.
Indonesia’s warung-techs make strategic shifts to navigate tough times
While some have pivoted, others have switched to an asset-light model.
Djarum may have bought Indonesian media firm Kumparan as Argor exits
The conglomerate's VC arm GDP Venture now owns 99.99% of Kumparan.
Indonesian fintech AwanTunai raises $60m debt led by Accial Capital
The firm plans to disburse loans worth 3 trillion rupiah every month by end-2025.
Djarum Group said to be acquiring Indonesia noodle chain Bakmi GM
The acquisition could support Bakmi GM's expansion within the country.
Indies Capital raises over $200m for fourth credit fund
Indies is also said to have finalised an equity investment in Siloam Hospitals.
Argor Capital closing $70m continuation fund to increase stake in eFishery
The venture firm may be looking at increasing its stake in eFishery to 9-10% from 6-7% currently.
Indonesia’s oldest noodle chain Bakmi GM said to explore strategic sale
The sale process is said to have drawn strong interest from Indonesian conglomerates.
Openspace Ventures closes fourth early-stage fund at $163m—lower than predecessor
Fund III had closed at $200m in 2021.
aCommerce eyes strategic partnerships, IPO in ‘near term’
aCommerce is looking to scale beyond the region and enter new geographies.