Search Results for:Antonia Timmerman

KKR bets on Indonesia’s bread maker Nippon Indosari, buys 12.64% stake for $74m

KKR is now one of the largest shareholders in Indosari.

Two Indonesia bitcoin payments platforms shut down

This follows recent Bank Indonesia announcements that it will not recognize bitcoin as a means of payment.

Indonesia: Construction firm PP Presisi opens book-building for $172m IPO

Majority of the the IPO proceeds will be allocated for capital expenditure

Indonesia: Telkom to acquire stakes in three firms, readies $369m for potential deals

Telkom has repeatedly said that it wants to grow in the digital space through collaboration or acquisition

China Digest: Ninebot gets $100m; Tencent backs Wattpad; Dajialai & Jimi raise funds

Xiaomi-backed scooter maker Ninebot has raised $100 million from SDIC Fund Management Company and China Mobile Innovation Industry Fund while Tencent Holdings has led a $40-million financing for Watpadd, In other funding developments, Dajialai and Jimi have raised series A and series B funding rounds, respectively. Tencent backs storytelling platform Wattpad Chinese… Read more »

Indonesia’s Skystar Capital to raise third fund in 2018, to target late-stage funding

Skystar managing partner Abraham Hidayat said, the fund would “have a more equal split between early and later-stage funding”

Indonesia: Trading of Kioson shares suspended for second time this week

IDX said the decision was taken due to a significant cumulative price hike.

Intel Capital joins $100m round in China’s Horizon Robotics, backs Japan’s LeapMind $10m Series B

Intel Capital announced its latest tranche of investments worth $60 million in 15 global startups.

Jim Rogers-backed fintech bank ITF Corp chooses Hong Kong for headquarters

ITF Corporation, the world’s first fintech bank founded by Hui Jie Lim and funded by US investor Jim Rogers, will set up its headquarters in Hong Kong and start operations next year. The bank – which aims to work with fintech companies in the city – will develop products and… Read more »

China: Sinovation Ventures leads $40m Series B in m-commerce startup Huajuan

Evolution Media China, Ventech China, Vertex Ventures and Zhiping Capital also joined the round.