Gita Rossiana
Stories by Gita Rossiana
Indonesian CVC Mandiri Capital disbursed $94m in funding in last seven years
MCI, which is selective in its investments, has backed 22 startups since 2015, said interim CEO Dennis Pratistha.
Warburg-backed Aseana buys Indonesian insurance firm ABDA for $59.5m
Aseana bought a 62.33% stake in ABDA, from Spain's MAPFRE Internacional SA.
E-commerce giant Lazada dials into Indonesian telecom operator Smartfren
Alibaba is said to have picked up a 6% stake in Smartfren through Lazada, other entities
ID Digest: SiCepat ups stake in digital marketing company; KLAR raises $4.5m
SiCepat’s ownership in Digital Mediatama Maxima has increased to 6.91% from 6.37%.
GoTo bets on scaling up its ecosystem play for faster profitability
GoTo has brought its breakeven guidance forward by three to four quarters.
GoTo’s losses more than double in H1 2022, despite strong revenue growth
Gross revenue stood at 10.73 trillion rupiah in H1, up 49% from a year ago.
Indonesian EV supplier VKTR looks to raise $45m from domestic IPO this year
VKTR is aiming for a valuation of $200-225m.
Indonesia’s INA-backed group enters deal with Pelindo to invest in Belawan port
This deal marks the third investment by INA this year.
Indonesia’s Merah Putih fund to finalise $300m first close in Q1 next year
There will also be a second close of $300 million that will be finalised by 2024.
Indonesian fintech ALAMI set to raise $6-8m in pre-Series B round soon
The P2P lender plans to launch its digital bank by the end of this year
