Aastha Maheshwari

Correspondent, Indonesia
Email: aastha@dealstreetasia.com

Impact investor Patamar Capital hits road to raise over $45m for second fund

Patamar Capital raised $45 million for its first vehicle, which has backed 14 startups, in 2016.


[Updated] Kolega Capital plans to launch SE Asia-focused VC fund

It plans to tap sectors such as health tech, consumer discretionary, block chain and fintech and infuse capital under the ticket size of $1 million.


Indonesia’s SIRCLO raises up to $5m from Sinar Mas Land, East Ventures, others

BEENOS Plaza, the investment vehicle of Japan’s BEENOS in Indonesia, is also said to have contributed to the financing.


Tokopedia said to acquire double-digit stake in payment startup OVO

OVO had earlier secured an undisclosed investment from Grab in return for a stake.


SE Asia-focused ATM Capital invests in Indonesia insurtech startup Lifepal

The Lifepal transaction comes on the heels of ATM Capital’s investment in Indonesian freight marketplace Andalin along with Access VC.


GOJEK-backer Provident Capital said to be raising $200m fund

Provident Capital has also invested in e-commerce and logistics joint ventures with China’s JD.com in Indonesia.


Indonesian used phone e-tailer Laku6 said to raise $5m funding

The startup has previously raised capital from Golden Gate Ventures, Convergence Ventures, Skystar Capital and Rocket Internet. 


Antler to raise $5m to expand global ops, mulls Europe, Gulf funds

Antler, which is targeting to close its SE Asia-focused $30-million fund by the year-end, is also firming up plans to raise similar-sized vehicles targeting Europe and West Asia.


GOJEK-backed Bangladeshi ride-hailing app Pathao seeks up to $50m in Series B round

It raised over $10 million in a pre-Series B round in April 2018 at a $100m valuation. 


Exclusive: US-based HR tech startup Resume Ranks to raise $10m for SE Asia expansion

Resume Ranks, which has raised $500k from angel investors, is planning to launch in parts of the US, Indonesia, Thailand and Singapore in the second quarter of 2019.