Antonia
Stories by Antonia
Update: SK Planet exits Indonesia, sells Elevenia stake along with JV partner XL Axiata
Elevenia is an online platform JV it launched almost four years ago with telco company XL Axiata
Indonesia’s fintech investments set to touch record high in 2017
Fintech is seen as a key driver in helping realise Indonesia's ambition of becoming a $130b digital economy by 2020.
Exclusive: Indonesia’s GMF AeroAsia sets capex at $400m to hit $1b revenue by 2022
GMF AeroAsia aims to raise $200-300 million via an IPO by the end of the third quarter this year.
Indonesia: Alibaba leads $1.1b round in e-commerce major Tokopedia
Funding is one of Alibaba's largest investments after its infusion of over $2b in total in Lazada.
Gobi Partners, Golden Equator lead $27m round in Indonesian startup SaleStock
Alpha JWC Ventures, Convergence Ventures, KIP, MNC and SMDV also participated.
Indonesia leads startup frontier markets in global VC deals since 2012
Startup frontier markets including Indonesia and Malaysia are on track to beating 2016’s total of 1,500 VC deals.
Exclusive: Aavishkaar in talks to invest about $2m in Indonesian food startup
Aavishkaar has invested in three Indonesian companies since it entered the country in 2015.
Indonesia: Jasa Marga, Astratel eyeing Waskita’s highway project worth $523m
The project is estimated to be worth around $523 million.
Indonesia: Convergence Ventures leads pre-series A into HR startup Urbanhire
The round was joined by US-based Social Capital, its first in SE Asia
Indonesia’s Astra International partners with Plug & Play to mentor 5 startups
The startups operate in automotive and financial services-related sectors.
