Cindy Silviana
Stories by Cindy Silviana
Indonesian online brokerage Ajaib set to hit unicorn status with DST-led round
Ajaib is backed by Ribbit Capital, Horizons Ventures and Alpha JWC.
Indonesian e-commerce firm Blibli to acquire 51% stake in grocery chain SBL
SBL runs grocery stores under the 99 Ranch Market and Farmers Market brands.
Indonesia appoints Bank BRI as holding company for ultramicro businesses
The holding company will cater to over 45 million ultramicro entrepreneurs.
Indonesia’s GoTo to extend closing of pre-IPO round as it first targets sale of OVO
GoTo pre-IPO funding round is understood to have been oversubscribed threefold so far.
SEA Digest: Singtel’s NCS buys 3 companies; PPRO integrates Jenius Pay, LinkAja
PPRO partnered with DOKU for the payments integration.
Indonesian agritech platform CROWDE to close $7m Series A led by Monk’s Hill
The fundraising follows a recent streamlining of CROWDE's lending business.
Indonesia-focused VC firm Intudo Ventures raises $115m for third fund
The fund secured commitments from the family offices of Koh Boon Hwee and former Walgreens CEO Gregory Wasson.
Indonesian social commerce startup Chilibeli in talks to raise $20m
Chilibeli had last raised $10m in March 2020 in a Series A round led by Lightspeed Venture Partners.
Indonesia’s SiCepat seeks to diversify its business, look beyond logistics
The firm is looking to tap segments such as food delivery, B2B commerce, and EVs, among others.
Indonesian B2B marketplace Ralali in talks to raise $50m Series D funding
Ralali is looking for new revenue streams to achieve profitability, before a planned IPO in 2023.
