Gita Rossiana
Stories by Gita Rossiana
FinAccel picks up 75% stake in Indonesia’s Bank Bisnis for $132.2m
FinAccel had previously held a 40% stake in Bank Bisnis.
Indonesian tech giant GoTo shares fall 3.14% on second trading day
Its shares fell 3.14% to close at 370 rupiah after dropping as low as 5.75% earlier during the day.
Tokopedia investor ZWC Partners sees robust returns as GoTo shares rise on listing day
GoTo rose over 13% at the end of its first day of trading on IDX on Monday.
Indonesia’s Bakrie Group sets up venture capital arm for startup investments
As of Dec 2021, the fund has deployed over $10 million across five companies.
After $1.1b IPO, GoTo’s next big test will be its IDX listing on Monday
Bukalapak has lost 66% of its m-cap. Will it be different for GoTo?
Focus may shift to sharia lenders as competition heats up in Indonesian digital banking
Non-sharia digital banks have become expensive M&A targets.
ID Digest: ZA Tech invests in Bank Aladin; Widodo Makmur Perkasa secures $42m
Bank Aladin plans to offer digital insurance services with ZA Tech.
Indika Energy-Fourth Partner JV to invest $100m in Indonesian solar projects
Indika Energy holds a 51% stake in the JV, while the remaining is held by the Indian entity.
Indonesia’s Saratoga Investama to make bigger play for tech investments
Saratoga has started making direct investments in tech startups.
FinAccel to increase stake in Indonesia-listed lender Bank Bisnis to 75%
FinAccel held 40% in Bank Bisnis as on December 2021.
