Search Results for:Antonia Timmerman

Indonesia: Ahlijasa raises seed round; Startup World Cup 2018 opens for application

On-demand laundry service provider Ahlijasa Indonesia has raised an undisclosed amount of seed funding. It has also announced the release of its iOS app. In another startup development, global pitch competition Startup World Cup returns in search for a $1 million investment prize winner in the SWC 2018. Ahlijasa seed… Read more »

500 Startups keeps 20% failure rate after 6 years: Khailee Ng

“Our pride is we have lot of companies that are actually profitable”.

Indonesia: GDP Venture in talks to buy shares of had never raised a venture capital round.

Indonesia: Emtek Group confirms acquisitions of e-money services Espay, DOKU

Espay & DOKU are likely to be integrated into Emtek’s Blackberry Messenger.

Japan’s SBI Group invests $6.3m in Indonesian P2P lender Taralite

Tokyo-based fintech company SBI Group has invested $6.3 million into Indonesian peer-to-peer lending startup Taralite, the firm announced today. The financial terms were not disclosed. The funds will be used to build a “world-class R&D team”, which would build an algorithm for Taralite’s future plan to be a “one-stop shop”…. Read more »

Indonesia co-work space EV Hive raises $800K, appoints new management team

The new management team is expected to be EV Hive’s new engine to drive regional expansion

Indonesia: Maison invests in e-commerce site; ANGIN expands network

Indonesia-focused B2B e-commerce site WOOK has raised $22 million in a Series B round led by private equity firm Maison Capital. Meanwhile, Indonesian angel investment network ANGIN recently announced a new office in Medan, its first expansion within the country. Maison leads Series B for WOOK Chinese private equity firm Maison… Read more »

Bizzy acquires Alpha; Shopee partners Pos Indonesia

Indonesian B2B e-commerce startup Bizzy recently announced the acquisition of startup Alpha for an undisclosed sum. Meanwhile online shopping platform Shopee is partnering Pos Indonesia to provide free delivery for Shopee’s customers. Bizzy acquiring Alpha Bizzy announced recently that it has acquired online marketplace Alpha, a startup that distributes raw materials… Read more »

US accelerator Plug and Play selects 11 startups for first Indonesian batch

Plug and Play has committed to investing in 50 Indonesian startups per year

Singapore’s Lunch Actually Group buys Indonesian dating startup Setipe

Setipe will come under the group’s stable of brands.