Gita Rossiana
Stories by Gita Rossiana
Indonesia’s MDI Ventures, Finch Capital to make final close of joint fund by year-end
Arise Fund is eyeing a total corpus of $40 million.
Indonesian corporate VC firm ONV looks to invest in 5-6 startups this year
The firm will target companies in pre-seed to Series A stages, says MD Daryl Ratulangi.
ID Digest: ALAMI, Modalku post growth in loan disbursement; BTN’s VC unit taking shape
ALAMI disbursed $151.89m worth of loans in Q1 2022, up more than 1,000% from the previous quarter.
Indonesian property platform Pinhome secures $50m in Series B funding
Pinhome was founded in 2019 by former Gojek executives Dayu Dara and Ahmed Aljunied.
Indonesian unicorn Xendit acquires minority stake in Bank Sampoerna
Post the transaction, Xendit owns a 14.96% stake in the lender.
Indonesia’s Lippo raises stake in local hospital firm Siloam for $25.27m
Siloam operates 41 hospitals across the archipelago.
Indonesian F&B startup Hangry raises $22m in mix of debt and equity
The equity component was led by Journey Capital Partners.
Indonesian unicorn Xendit looks to acquire Bank Sahabat Sampoerna: report
Bank Sahabat Sampoerna has to add around 900b rupiah to meet OJK's minimum capital requirements.
GoTo commissioner Garibaldi Thohir invests $4.87m in Indonesian express delivery firm AnterAja
Following the investment, Thohir will own a 10% stake in the firm.
Bukalapak’s 2021 losses widen to $116.7m despite higher revenues
Sales and marketing expenses increased 8% to 1.6 trillion rupiah in 2021 — a figure close to its revenue.
