Cindy Silviana
Stories by Cindy Silviana
Indonesian state-owned digital wallet LinkAja shifts focus to lending
The acquisition of P2P lender iGrow in May 2021 was part of the shift.
Indonesia Digest: Lamudi acquires OLX unit; BLDX launches blockchain digital art
Lamudi has acquired OLX Indonesia's real estate business for an undisclosed amount.
Indonesia’s SiCepat in talks with GIC for funding, eyes IPO in Q3 2022
The firm may raise over $150 million in the upcoming round.
Success of GoTo’s upcoming IPO hinges on finding the right valuation
A valuation of around $25-30 billion is fair, say experts.
Weekly roundup: Indonesia’s VCGamers secures $2.6m seed and other SE Asia deals
VCGamers has reached a valuation of $20 million.
Indonesian family-owned businesses spot big promise in tech startups
Companies like Emtek are now looking to pick up minority stakes in startups.
IDX-listed Bank Permata divests stake in affiliate firm to SG’s Honest Bank
Honest will hold a 71.21% stake in SFK, while the remaining will be retained by PermataBank.
Indonesian fintech firm UpBanx raises $5.2m in pre-seed round to expand ops
Established mid last year, the startup's valuation has touched $120 million.
Indonesia-listed e-commerce player Bukalapak CEO Rachmat Kaimuddin steps down
Willix Halim, who joined Bukalapak as COO in 2016, has been appointed as acting-interim CEO.
Indonesia’s BRI Ventures launches second fund Sembrani Kiqani
The fund is set to invest in D2C companies besides tapping the crypto metaverse sector.