Cindy Silviana
Stories by Cindy Silviana
Lessons from Bukalapak’s journey to a blockbuster IPO and beyond
Bukalapak CEO spoke on the company's IPO journey and its performance as a public company so far.
Merger has helped improve unit economics: GoTo’s Patrick Cao
The merger accelerates our ability to become profitable, Cao added.
A three-way handshake between Bukalapak, Grab, and Salim Group takes shape in Indonesia
Among other things, Bukalapak is onboarding its Mitras onto GrabMart.
Indonesia’s Lippo pursuing SoftBank Vision Fund-like model for Multipolar
Multipolar will be the biggest LP as well as the manager of the fund.
Northstar to close “slightly smaller” fifth fund by year-end as it prioritises investment pace
The fifth fund will focus on investments in digital, financial services, and consumers.
Indonesian conglomerate Emtek picks up stake in payments unicorn Nium
Temasek and GIC picked up additional shares in Nium through secondary market transactions in Sept.
GoTo picks up stakes in Lippo Group’s investment, retail units
As part of a two-way deal, Lippo Group is likely to invest in GoTo’s pre-IPO round.
Lippo, Tokopedia and Tokyo Century sell holdings in e-wallet OVO to Grab
Grab has increased its stake in OVO to 90% from 39% earlier.
Ajaib becomes Indonesia’s newest unicorn, raises $153m Series B led by DST Global
Ajaib has raised a total of $243 million this year alone.
Silicon Valley’s Ribbit Capital invests in Gojek-backed Bank Jago
Ribbit Capital owns below 5% stake in Bank Jago.