Cindy Silviana
Stories by Cindy Silviana
Indonesian food-tech firms bet big on delivery platforms for growth
The food delivery market in the region surged 20% in 2020 from $5-6 billion in 2019.
Gojek, Tokopedia make not-so-strange bedfellows as they pursue union
Gojek has appointed Goldman Sachs to advise on its merger negotiations with Tokopedia.
Indonesia’s SiCepat secures $60m from Falcon House, close to sealing $100m Series B round
Existing backers Kejora and Tokopedia as well as a new investor are expected to join the round.
Indonesia’s proposed fintech lending norms are well-intentioned but may have deep flaws
The OJK says the current norms can no longer cater to the fast-expanding sector.
Shift in old trajectories will chart Indonesia’s path to 2030
The nature of industries and employment will shift, highlighting the need to invest in human capital.
Indonesian edtech startup CAKAP snags $3m led by Heritas Capital
Hong Kong-based Strategic Year Holding Limited and existing investors joined the round.
Singapore-based EV Growth to launch second fund in first quarter of 2021
The VC firm's first fund had secured its final close in December 2019.
Tokopedia-SPAC deal may shorten the road to the bourses for other Indonesian unicorns too
A potential merger with Bridgetown will help Tokopedia sidestep the many hurdles of a traditional IPO.
Is Indonesia’s edtech sector poised to shine post pandemic?
Customer retention and business model are two key parameters that investors are watching.
Gojek picks up additional stake in Bank Jago, opens door to digital banking for customers
It invested about $160 million to increase its stake in the listed lender.
