Aastha Maheshwari

Correspondent, Indonesia
Email: aastha@dealstreetasia.com

Indonesia’s Venturra Capital said to have launched offshoot for seed, pre-seed deals

Venturra Seed, the offshoot, is close to sealing its first investment.


Indonesian remittance startup ZendMoney in talks with VCs to raise $3-5m

Initial discussions are said to have taken place with Singapore-based Insignia Ventures Partners, early stage fintech investor Finch Capital and Monk’s Hill Ventures. 


Indonesian production firm MD Pictures eyes strategic investors after IPO

The company is even planning to set up a $5-million fund from the IPO proceeds to finance its Hollywood projects.


Indonesian P2P lending startup Koinworks in talks to raise up to $5m

Koinworks, which started operating in the P2P lending space in 2016, raised an angel funding round in 2017.


Indonesian B2B e-commerce startup Ralali to raise $5-10m Series B in Q3

The company, which connects sellers and buyers looking for deals at wholesale prices, is close to finalising the round.


Exclusive: Indonesian B2B e-commerce startup Bizzy raises $8m pre-Series B

Bizzy’s backers include Sinar Mas Digital Ventures, Ardent Capital and Maloekoe Ventures.


Exclusive: Indonesia’s EverHaus to start raising $20m fund by year-end

Focused on Indonesia currently, the VC firm plans to make inroads into the rest of SE Asia soon.


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.