Antonia
Stories by Antonia
Exclusive: Go-Jek said to have acquired majority stake in payments firm Kartuku
The deal size is said to be upwards of $50 million.
Indonesia: Telkom’s MDI Ventures joins $3.2m round in US startup Loft Orbital
Loft Orbital is a San Francisco-based tech startup that leases space on satellites.
Indonesia: GDP Venture injects funding into smart city app Qlue
Qlue provides an app for citizens to report and share civic issues in their neighbourhood to city authorities and enterprises.
China’s Primavera backs US educational travel firm WorldStrides
WorldStrides is now looking to expand in Europe and Asia where its two newest investors are based.
Indonesia: Alodokter closes $9m round led by SoftBank Korea
Existing backer Golden Gate Ventures and Feng He also participated in the round.
Indonesia: Bank Danamon confirms EoI after reports Japan’s MUFG is eyeing 40% stake for $1.8b
Bank Danamon did not name the party from whom it received the expression of interest.
HK fintech startup WeLab raises $220m backed by Alibaba fund, IFC
The latest capital injection brings WeLab’s total funding to $425 million.
HK: EQT-backed GPA Global acquires UK’s MW Luxury Packaging
GPA Global was acquired by EQT Mid Market in March 2017.
Singapore’s IMC Group to list two of its Indonesia units on IDX
Nusa Indah is targeted to go public in 2019, while PSS has begun the process of its initial offering.
Singapore: Monk’s Hill leads $3.1m Series A in Horangi Cybersecurity
500 Startups, Pandoros, Hub Ventures Fund, Right Click Capital, and 6Degrees Ventures also joined the round
