Khamila Mulia
Stories by Khamila Mulia
Indonesian fintech firm Ayoconnect’s losses tripled in 2022 despite higher revenues
The higher losses were on account of a 3x rise in expenses during the year.
Indonesian startup shakeout puts spotlight on building corporate governance frameworks early on
Establishing governance practices helps build credibility, mitigate risks, and create a solid foundation for growth.
Indonesia’s MDI Ventures to step up focus on impact investments, exits in 2024
The firm aims for exits from several companies this year.
SEA Digest: PasarPolis reports revenue growth; Capital A teams up with Ant International
PasarPolis saw a 250% growth in Gross Written Premium in fiscal year 2023, surpassing 2 billion policies issued.
SEA Digest: Indonesia launches new crypto rule; Singapore to accredit 5 BNPL operators
In Indonesia, crypto firms need to undergo assessment within a regulatory sandbox before receiving licence.
Competition heats up in last-mile delivery as e-commerce firms raise their logistics game
3PL providers are struggling to navigate new competitive dynamics and evolving consumer preferences.
ID Digest: Hyoshii Farm bags funding; eFishery acquires DycodeX
Hyoshii Farm has secured funding from a consortium of angel investors and its founders.
Losses at Indonesian F&B startup Dailybox surged 17x in 2022 on higher expenses
The losses widened despite a 77.6% surge in revenue from 2021.
Akulaku raises $100m in debt financing from HSBC, says CEO
The firm will use the funds to settle some of its outstanding debts, CEO William Li told Reuters.
Asia Digest: Abu Dhabi to set up AI investment firm with $100b AUM; Saudi plans $40b AI fund
The Abu Dhabi company, called MGX, features Mubadala and G42 as founding partners.
