Cindy Silviana
Stories by Cindy Silviana
Indonesian digital payments firm LinkAja raises $100m Series B led by Grab
This is LinkAja's first investment from a private company.
Indonesia’s Matahari Department Store to buy 16% shares in Nobu bank for $38m
Analysts say the transaction is set at a premium price of 2.5 PBV.
Indonesian online marketplace Sociabuzz raises funding from UMG Idealab
UMG Idealab has invested in close to 40 startups to date.
Indonesian VC association sees sharply lower startup fundraisings in 2020
The pandemic has prolonged due diligence.
Data centres are the next big real estate asset class, and SEA is its hotspot
Around $6.57 billion poured into SEA companies and data centre facilities in 2020.
Having weathered COVID, Indonesian P2P lender Investree looks at fundraising, expansion
Bad loans have not deteriorated, and loan disbursements have increased.
IFC plans $7m loan to Sri Lanka’s SBI Ven-backed Sunshine Holdings
Loan is to finance SUN's solar rooftop projects and FMCG business.
Indonesia’s VC ecosystem is maturing, quality of companies has improved: Intudo’s Chan
Intudo, which closed a $50-million second fund in February 2019, has plenty of dry powder to spare.
Indonesia eyes Jan launch for SWF, targets initial capital allocation of $6b
The creation of the SWF was part of the omnibus bill on job creation cleared by Parliament earlier this month.
Indonesia’s GudangAda in advanced talks to raise Series B round early next year
The company expects to raise over $75m from the fundraising.
