Cindy Silviana
Stories by Cindy Silviana
SEA digest: Indonesia’s Gradana secures fintech licence; SG’s Mohjo bags seed funding
East Ventures, iSeed Southeast Asia, K3 Ventures, and other angels invested in Mohjo.
Indonesian podcast platform NOICE ropes in two former Google execs for top jobs
Mahaka Radio unit NOICE is backed by Alpha JWC Ventures, Kinesys Group, and Kenangan Fund.
Indonesian BNPL platform Akulaku in talks to raise funds, plans to list by 2022
The firm's diversification beyond consumer finance has resulted in the need for more capital.
Indonesia’s Emtek Group forges partnership with Anthoni Salim
Anthoni Salim Group currently holds around 9% stake in Emtek Group.
Indonesia’s Sinar Mas Group in talks to acquire DANA from Emtek
Emtek Group holds a 49% stake in EAN, the entity that owns DANA.
Indonesian unicorn Bukalapak makes stellar IDX debut, stock surges 25%
Bukalapak's market debut underscores the keen investor interest in the company's growth story.
Indonesia’s OVO narrows losses, but new norms will make it tougher to rely on Grab
The voting rights held by Grab and other foreign shareholders breach the 49% limit.
Indonesian MDI Ventures, Finch Capital confirm first close of $40m Arise fund
The fund targets to close at least five deals by the end of 2021.
Indonesia’s Warung Pintar in talks to raise Series C funding, says CEO Bezharie
The East Ventures-backed firm last raised $27.5 million in its Series B round in 2019.
Indonesia digest: BRI Ventures backs Yummy Corp; TMI invests in Feedloop’s pre-Series A
In its Series B round in October 2020, Yummy Corp had raised $12m led by SoftBank Ventures Asia.
