It had raised $2.5 million in 2016 from Golden Gate Ventures, 500 Startups and Lim Dershing.
Pendanaan enables qualified borrowers to access affordable and flexible digital credit through mobile devices.
Walden International has led a $12-million Series B round in IoT startup LifeSmart.
Kresna Graha Investama bought a 17.6 per cent stake in MCI in April.
PP Energi is looking to offer up to 35 per cent of its paid up capital, with the first 20% in IPO
Tour package booking site backed by Gobi Partners, Tripvisto, has ceased operations due to “worsening unit economics”, according to a report by Tech in Asia, revealing that the startup began to have trouble hitting operational targets in May 2017. It attempted several partnerships with media and telcos to promote the… Read more »
Tencent recently led a $40 million financing in Wattpad, a Toronto-based storytelling platform
After the transaction, Medco Daya Abadi will hold 14.98% stake in publicly-listed Medco Energi.
In a consolidation move in the fast-growing bike-share space, Shanghai-listed Changzhou Youon Public Bicycle System has agreed to merge with Hellobike to better compete against its rivals. Youon – through its unit Youon Low Carbon Technology Co Ltd － would buy a 100 per cent stake in Shanghai Junzheng Network Technology Co… Read more »
The Shenzhen-listed Haid International aims to invest in Vietnam, India, and other emerging markets.