Search Results for:Aastha Maheshwari

Indonesia’s unicorns said to invest up to $8m in insurtech startup Pasarpolis

Indonesia’s low insurance penetration rates render the market extremely attractive.


Startup incubator EFI Hub to raise up to $5m to fuel SE Asia expansion

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.


Indonesian e-commerce unicorn Tokopedia loses top executive

Tokopedia’s Vice President of Business, Amit Lakhotia, has resigned from the company.


Exclusive: Go-Jek, Traveloka and Tokopedia in talks to invest in PasarPolis

The startup is learnt to be currently valued at $12 million.


Exclusive: Dymon Asia PE likely to close second SE Asia fund at $420-430m

The PE firm had made the first close of its Dymon Asia Private Equity (SE Asia) Fund II at $325 million in December 2017. 


(Updated) Indonesia & SEA-focused East Ventures raising $100m for new JV fund

The $100-million capital commitment, it was later announced, was for a new $150-million venture capital fund formed by East Ventures, Sinar Mas and Yahoo Japan to target growth-stage investments.


Exclusive: Insignia Ventures Partners closes debut fund at $120m

Founded by former Sequoia partner Yinglan Tan, the fund marks the largest maiden vehicle by a VC firm in SE Asia.


Exclusive: Indonesia’s logistics startup Etobee raises $3.5m bridge funding

Existing backers include Kejora, Skystar Capital, Gobi & Axiata Digital.


Exclusive: Impact investor Patamar makes first investment from women-focused fund in SayurBox

The investment by Patamar, estimated to be in the region of $200,000-300,000, was made through its women SME-focused impact investment fund launched last year in collaboration with the Australian government’s Investing in Women initiative.


Exclusive: Salim Group, MAP latest to eye digital payments in Indonesia

The two firms have applied to Bank Indonesia for an e-money licence.