Tabita
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GoTo, Multipolar to increase stakes in Lippo Group’s retail unit
Matahari Putra Prima operates supermarket brands Hypermart and Foodmart.
Indonesia presents an “extremely compelling, consumer-led tech story”
The country will become a global supplier of EV batteries, said Carro chief Aaron Tan.
Falcon Edge ups stake in Indonesia’s B2B e-commerce platform GudangAda
Falcon Edge had earlier co-led an over $100 million Series B round for GudangAda in July.
Lippo, Tokopedia and Tokyo Century sell holdings in e-wallet OVO to Grab
Grab has increased its stake in OVO to 90% from 39% earlier.
[Updated] Bezos backs Indonesian startup Ula’s $87m round led by Prosus, B Cap, Tencent
The startup has brought in Pandu Sjahrir, a seasoned investor and entrepreneur, as its advisor.
Founders make way for new leaders at AppWorks-backed Indonesian edtech firm HarukaEDU
Ray Pulungan — a former hand at Monk's Hill Ventures — has been named CEO.
Singapore’s Mapletree acquires US logistics assets for $3b
The acquisitions bring Mapletree's AUM in the logistics sector to about $18.7 billion.
Heritas Capital secures first close of Heritas Venture Fund II at over $10m
The firm aims to back 15 startups from HVF II.
SEA Digest: Fuse, Simas partner Tokopedia; BRI Agro rebrands; Masan buys Mobicast
BRI Agro has changed its name to Bank Raya and will focus on small loans.
Indonesia’s Evermos raises $30m Series B, plans to onboard a million resellers by 2025
The social commerce platform targets to double its headcount to 400 by 2023.