Cindy Silviana
Stories by Cindy Silviana
Indonesian fintech startup Ayoconnect closes $10m pre-Series B round
Mandiri Capital Indonesia, Patamar Capital, and angel investors joined the round.
Bukalapak pares net loss 25% in H1 2021, revenue surges 35%
Bukalapak said it has fully acquired Five Jack, the company behind digital games marketplace Itemku.
Indonesian logistics firm J&T Express mulls shifting IPO venue to HK: Report
J&T had previously planned to seek a US IPO as soon as the fourth quarter.
Indonesian fintech player Akulaku’s revenues more than double to $274m in H1
The company's NPL ratio fell to 5.2% of overall loan portfolio — below pre-COVID levels.
Indonesia Digest: Warung Pintar partners CICIL for BNPL; HIJUP launches $7m fund
Stall owners can purchase stocks and pay 14 days later using Warung Pintar's Bon Pintar.
Indonesian home decor platform Dekoruma snags $15m in Series C1 round
Nexter Ventures by SCG Cement-Building Materials and KTB Network have led the round.
MDI Ventures, KB Investment hold first close for $150m Centauri Fund
The fund has secured a capital commitment from South Korean sovereign wealth fund K-Growth.
Indonesian social commerce startup Evermos bags $19.5m in Series B funding
It had raised $8.25 million Series A funding from Jungle Ventures, Shunwei Capital, and Alpha JWC in 2019.
MDI Ventures-backed Indonesian IT services firm Run System plans local IPO
Run System is seeking up to Rp 50 billion ($3.47 million) by issuing new shares.
OJK sets the ball rolling on Indonesian banks’ digital transformation with new rules
So far, seven banks are in the queue to go digital, while five have secured the licence already.
