Gita Rossiana
Stories by Gita Rossiana
ID Digest: Rey bags $4.2m from investors; East Ventures leads Kini’s seed round
TPTF, Genesia Ventures, and Reycom Document Solusi have invested in Rey.
Used car platforms in Indonesia bet on partnerships to boost ecosystem play
Platforms are seeking to add value across the transaction chain.
Chinese state investor Silk Road Fund to invest $3b in Indonesia through INA
The investment scope includes all business sectors open for foreign investment in Indonesia.
Indonesian conglomerate Astra International buys 49% stake in Bank Jasa for $259m
Meanwhile, WeLab is also increasing its stake in Bank Jasa to 49%.
Indonesian logistics startup Paxel raises $22.7m in Astra-led Series C funding
Other investors in the round include MDI Ventures, Central Capital Ventura and SIG.
Indonesian fintech firm Mapan bags $15m in Series A round
The round has been led by Patamar Capital and Astra Digital.
Bukalapak expects revenue to rise 61% this year, but losses could widen
Bukalapak is eyeing revenues of $180-200m this year.
Thai logistics firm Deliveree bags $70m in Series C led by Gobi Partners
This takes its total fundraising to $109m over five years
GoTo spends $14m to bump up stakes in a slew of subsidiaries
Most of the capital injections have been in entities related to logistics and delivery.
Indonesia’s sovereign wealth fund INA looks to participate in Traveloka’s financing
Traveloka is also in talks with BlackRock, and others, to raise $200m.
