Cindy Silviana
Stories by Cindy Silviana
Indonesia’s MDI Ventures, Finch Capital make first close of joint $40m fund
The two firms had jointly launched the Arise fund to invest in early-stage Indonesian startups.
More Indonesian startups mulling local listing as IDX readies new rules: Pandu Sjahrir
Rules related to dual-class shares with multiple voting rights to woo more tech listings are underway.
Bukalapak officially kick-starts Indonesian IPO, offers shares at top end of price range
Bukalapk said 34% of the IPO proceeds will be alloted to its subsidiaries.
Indonesia’s Kejora Capital said to be in the market to raise $300m for new fund
The fund is said to have already received a commitment from several LPs.
Grab, Emtek Group launch joint initiative to digitise SMEs in Indonesia
Earlier this month, Emtek picked up a 3.29% stake in Grab’s local unit for $210 million.
Indonesia’s VCs, tech firms join forces to combat the recent spike in COVID cases
Startups, VCs are jointly taking initiatives to augment the supply of oxygen in the archipelago.
Indonesian digital banks forge partnerships with tech startups to onboard customers
Bank Jago will integrate its app as a payment method on Gojek, in the latest partnership.
Indonesia Digest: Dr Soap raises funds from SALT Ventures; Dailybox closes Series A
Dr Soap's revenue increased fivefold in 2020 from the previous year.
Indonesian fishery startup Aruna raises $35m Series A led by Prosus, East Ventures
Aruna will use the fresh capital to expand its presence and strengthen its supply chain infrastructure.
GudangAda’s $100m Series B signals Indonesia’s warung enablers are still in demand
Existing investors Sequoia Capital India, Alpha JWC, and Wavemaker Partners participated in the oversubscribed round.