East Ventures, one of Indonesia’s most active venture capital firms, today announced that it has closed its fifth fund, and the vehicle’s partners – Willson Cuaca, Batara Eto, and Taiga Matsuyama – said they plan to use ‘deploy the capital to further their thematic investment thesis as the startup ecosystem… Read more »
By Juliet Shwe Gaung
Human resource technology company, Ekrut raised a seed investment from East Ventures.
Tokyo-based Polyglots, which has developed an English-language learning app for Japanese, in addition to Mondo, a Japanese-lanaguge learning app fro non-Japanese speakers, has secured Series A funding. Financial terms of the transaction are undisclosed.
Kompas Gramedia, Indonesia’s largest media group and bookstore chain, today announced that it has acquired Scoop, an emerging e-book startup. Scoop’s platform will complement Gramedia.com, the flagship e-commerce platform by Kompas Gramedia that sells stationary, household products and books. Scoop was launched in 2011 by Wilson Cuaca – who is… Read more »
One of Indonesia’s fastest growing O2O startup, Kudo, will begin talks with potential investors for a planned fundraising in between early and mid 2017, a top executive told DEALSTREETASIA. The company said it will invite foreign and domestic investors, including existing backers such as Emtek Group, East Ventures, 500 Startups,… Read more »
Indonesia’s early stage venture fund East Ventures has invested an undisclosed amount of seed funding into Cicil, a new financing platform for university students. The new investment will see Cicil accelerating its mission of bringing financial inclusion to students. Targeting credit consumption of university students, Cicil addresses the underserved student… Read more »
University of Tokyo startup LPIXEL raises $7 million in Series A while HOMMA a startup that aims to redefine the standard of living raises $4.1 in seed funding.
Fukuoka, Japan and Bordeaux, France are partnering to grow their drone industries, HiNative has closed a $2 million investment and WelathNavi has closed a $15 million Series B round.
Indonesian e-commerce startup Kudo announced today that it has raised an eight-digit funding in an investment round led by media conglomerate Emtek Group. Previous backers East Ventures, 500 Startups, Singapore Press Holdings, IMJ Investment Partners, and Skystar Capital also participated in the round, according to the company’s statement. Kudo CEO… Read more »