Khamila Mulia
Stories by Khamila Mulia
Fashion label Love, Bonito’s losses doubled in 2022 despite notable increase in revenue
The company booked a revenue of S$64.5m in 2022, up 45.3% from S$44.39m in 2021.
Indonesian fashion retailer 707 said to raise fresh funding from AC Ventures
The Indonesian firm operates two stores in Jakarta and Surabaya and an online marketplace.
Shopee Indonesia agrees to reforms amid allegations of unfair practices
Shopee and its affiliated delivery business unit have admitted to violating monopoly regulations for the courier service.
OSK-SBI Venture Partners hits first close of second fund, eyes up to 12 investments
The fund is targeting to raise $40 million in its final close by December.
Former Kejora top brass-founded Maven Asia Capital to hit final close of debut fund soon
The vehicle is anchored by Japan's SBI Holdings, which incidentally is also a core LP in Kejora's vehicles
Indonesian e-commerce firm Blibli buys home decor startup Dekoruma for $70.6m
Blibli purchased 26,167 Series C shares representing 99.83% of Dekoruma's ownership.
Grab-backed GXS Bank’s losses surge 59% in 2023 despite 6x jump in net interest income
GXS bank was launched in Aug 2022 as the first digital bank for consumers and businesses in Singapore.
Indonesian digital banking platform Superbank launches on Grab app
Grab users and partners will be able to open bank accounts and use it as a direct payment app.
Accion’s ADTx explores opportunities in microfinance, fintech in Asia’s emerging markets
In SE emerging markets like Indonesia and the Philippines, the ADTx is looking at digital bank evolution.
Indonesian fintech lender Amartha raises $17.5m from Accion
The investment will be made through the Accion Digital Transformation Fund.
