EMTEK group

Emtek unit acquires production house Sinemart Indonesia


Emtek Group’s Surya Citra Media (SCM), through its unit Indonesia Entertainmen Group (IEG), has acquired 80 per cent stake in production house Sinemart Indonesia, the company said on Wednesday. The purchase had been completed on January 23, 2017. Sinemart Indonesia is a local soap opera producer that has helped competitor… Read more »

Sukan Makmuri, CTO of Kudo, at Kudo's Headquarter in Jakarta. Photo by Antonia Timmerman
Kudo is an online-to-offline (O2O) technology startup based in  Jakarta. Visual: Team Kudo
Indonesia: E-commerce startup Kudo raises funding from Emtek Group, others

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 »

Indonesia: Lakupon raises $742k; Ninja Van expands its services

Emtek Group’s unit Lakupon has landed $742,000 investment from New Wealth Capital in a round led by managing partner James Tan and Partners Sean Lim. Meanwhile, Singapore-based Ninja Van has announced the extension of its services to Indonesia. Lakupon lands $742k funding Lakupon founder Leonard Kwee said that the new… Read more »

Visual from PLDT's website.
Photo by PropertyGuru
Photo by Danilo Rizzuti. Freedigitalphotos.net
Visual from Kudo website
Indonesia’s Kudo secures Series A funding from media conglomerate Emtek

Kudo, a Jakarta-based startup ventures that develops solutions for the e-commerce and payments market in Indonesia, has secured an additional round of venture funding from a corporate investor, the Emtek Group. The financial terms of the Series A investment were undisclosed. The Emtek Group is the second largest media conglomerate in Indonesia, with… Read more »

Visual from Bobobobo website
Indonesian online marketplace Bobobobo secures Series A funding from Emtek

Bobobobo, an Indonesian online marketplace, has closed a series A funding round led by PT Kreatif Media Karya (KMK), a subsidiary of Emtek Group, a major Indonesian media conglomerate. The amount for the Series A funding was undisclosed, reflecting a prevailing trend in Indonesia towards funding secrecy. Launched in 2013, the Bobobobo investment may… Read more »

Brand logo of MediaCorp
MediaCorp rumoured to be seeking acquisition of KLN

Singaporean media conglomerate MediaCorp is rumoured to be seeking the acquisition of Indonesian digital media venture KapanLagi Network. According to industry sources, Singapore-based MediaCorp, a government-linked corporation (GLC) wholly-owned by Temasek Holdings, has signed an MoU (memorandum of understanding), committing to an acquisition of the Indonesian company KapanLagi Network (KLN). KLN’s is the largest… Read more »