Antonia
Stories by Antonia
KKR bets on Indonesia’s bread maker Nippon Indosari, buys 12.64% stake for $74m
KKR is now one of the largest shareholders in Indosari.
Two Indonesia bitcoin payments platforms shut down
This follows recent Bank Indonesia announcements that it will not recognize bitcoin as a means of payment.
Indonesia: Construction firm PP Presisi opens book-building for $172m IPO
Majority of the the IPO proceeds will be allocated for capital expenditure
Indonesia: Telkom to acquire stakes in three firms, readies $369m for potential deals
Telkom has repeatedly said that it wants to grow in the digital space through collaboration or acquisition
Indonesia’s Skystar Capital to raise third fund in 2018, to target late-stage funding
Skystar managing partner Abraham Hidayat said, the fund would “have a more equal split between early and later-stage funding”
Indonesia: Trading of Kioson shares suspended for second time this week
IDX said the decision was taken due to a significant cumulative price hike.
Intel Capital joins $100m round in China’s Horizon Robotics, backs Japan’s LeapMind $10m Series B
Intel Capital announced its latest tranche of investments worth $60 million in 15 global startups.
China: Sinovation Ventures leads $40m Series B in m-commerce startup Huajuan
Evolution Media China, Ventech China, Vertex Ventures and Zhiping Capital also joined the round.
