Ardi Wirdana
When he is not breaking news on startups and investors in Indonesia, Ardi likes to write long-form features on the local market and its various stakeholders. He is an avid football fan and futsal player.
Stories by Ardi Wirdana
Fintech firm Fairbanc bags funding from ADB Ventures for Indonesia expansion
In June 2020, Fairbanc had raised capital from Michael Sampoerna and 500 Startups.
Malaysia’s Ekuinas books $137m return from second fund in 2020
The fund generated a gross internal rate of return (IRR) of 11.9% per annum and a net IRR of 8.2%.
Indonesian e-commerce unicorn Bukalapak to offer up to 25% in IDX IPO
Bukalapak could become the first of Indonesia's unicorns to list on the local capital market.
Indonesia sees wave of savvy founders doing due diligence on VCs, says AC Ventures’s Adrian Li
This, he said, puts a greater onus on VCs to demonstrate value add, beyond mere capital or brand.
Indonesian fintech Kredivo bags additional $100m debt facility from Victory Park Capital
The new transaction brings the total debt investment to $200 million.
Indonesia sees more entrants, different playbooks tapping lucrative e-grocery market
Ride-hailing, e-commerce, social commerce and agritech startups have swarmed into the e-grocery space.
Indonesian insurtech firm Fuse raises up to $30m from Jack Ma’s family office, EV Growth, others
For Ma's family office Blue Pool Capital, the deal with Fuse marks its first bet in SE Asia.
Indonesian fishery platform Aruna said to be in talks with Prosus to raise up to $30m
Aruna had raised $5.5m from East Ventures, AC Ventures, and SMDV in 2020.
SG data centre provider Digital Edge acquires Indonesian IT firm Indonet for $165m
The deal marks Digital Edge's expansion in Southeast Asia.
Indonesia’s Akulaku repays pending loans to global P2P marketplace Mintos
Akulaku said that it managed to clear the loans six months ahead of schedule.
