Tabita
Stories by Tabita
GoTo plans treasury share cancellation to prop up share value
The cancellation does not impact GoTo's ongoing share buyback initiatives approved by the shareholders.
Indonesian VCs optimistic about startup fundraising as valuations moderate
Only one Indonesian VC firm, AC Ventures, announced the final close of a fund in H1 2024.
Fuelled by expansion spree, Kopi Kenangan’s losses surged 70% in 2022
The firm has remained in the red after a profitable 2020.
People Digest: Former ID minister Rudiantara joins DS/X Ventures; GoTo names new CFO
Former Indonesian communication and IT minister Rudiantara has joined DS/X Ventures as a strategic advisor and board member.
People Digest: Sea’s MariBank names Natalia Goh as CEO; Partners Group appoints Michael Marquardt to executive team
Goh is replacing Zheng Yu Dong, who will remain as an adviser to MariBank and Sea
Foreign LPs continue to evince interest in Southeast Asia, says AC Ventures’s Helen Wong
Earlier this year, AC Ventures raised its fifth fund from institutional investors in the US, Middle East, and North Asia.
US development bank DFC approves projects worth $230m across Asia in June quarter
The proposals include a $10m equity investment in Avaana Sustainability Fund in India.
Indonesian wealth fund INA’s investments doubled in value in 2023
In 2023, INA made six investments, in nine projects.
Singapore fintech firm Validus secures loan facilities from FMO, Oikocredit
Validus has secured loans totalling about $17.6 million from FMO and Oikocredit.
Indonesia’s startup story gets a sprinkle of stardust amid global trend
Several celebs have turned into angel investors and startup founders to build their brand and wealth.