When Blibli acquired Tiket, both agreed that it would continue operating their own brands upon acquisition
Indonesian state-lender Bank Rakyat Indonesia (BRI) has completed the acquisition of 35 per cent stakes in venture capital firm Bahana Artha Ventura (BAV), a subsidiary of state-owned Bahana Pembinaan Usaha Indonesia (BPUI). According to a filing to the Indonesian Stock Exchange, Bank Rakyat Indonesia paid IDR 71.32 billion (US$5.28 million) for… Read more »
King Hamm has two factory plants in Vietnam, supplying high-end swimwear and functional wear to global brands
TemanJalan had raised seed funding from Golden Gate Ventures and an angel investor back in August 2016.
The startup said it aims to use the funding to expand its reach in the Southeast Asia region.
KaHa will use the funds to expand its presence in Asia, Europe, and the US.
The startup will invest the proceeds into engineering and product development.
Co-working space chain operator EV Hive – an affiliate of East Ventures – has merged with Clapham Collective, a co-working space based in Medan, North Sumatra, Indonesia. Upon the merger, Clapham Collective founder Chris Angkasa will join EV Hive’s board of advisors, the statement announced. EV Hive had just raised… Read more »
Kresna is ready to inject “a few million US dollars if needed” into the joint venture.
The round was joined by Hong Kong-based central venture capital firm Central Exchange