Aastha Maheshwari

Correspondent, Indonesia
Email: aastha@dealstreetasia.com

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.


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.