Search Results for:Aastha Maheshwari
Bizzy’s backers include Sinar Mas Digital Ventures, Ardent Capital and Maloekoe Ventures.
Focused on Indonesia currently, the VC firm plans to make inroads into the rest of SE Asia soon.
Indonesia’s low insurance penetration rates render the market extremely attractive.
Startup incubator EFI Hub plans to raise $2-5 million for its upcoming expansion to Southeast Asia, beginning with the markets of Singapore and Indonesia.
Tokopedia’s Vice President of Business, Amit Lakhotia, has resigned from the company.
The startup is learnt to be currently valued at $12 million.
The PE firm had made the first close of its Dymon Asia Private Equity (SE Asia) Fund II at $325 million in December 2017.
This will mark the largest fund by the VC firm which has been active in the region since 2010.
Founded by former Sequoia partner Yinglan Tan, the fund marks the largest maiden vehicle by a VC firm in SE Asia.
Existing backers include Kejora, Skystar Capital, Gobi & Axiata Digital.