Search Results for:Antonia Timmerman

Indonesia: Crowdfunding startup Danadidik raises seed round from impact fund

DanaDidik was one of the nine startups that recently graduated from Plug n Play Indonesia’s acceleration program.


Indonesia: Fintech startup Bareksa to raise funds, in talks with Chinese strategic investors

The startup had recently raised an undisclosed sum from Gemilang Dana Sentosa.


HK-based Affinity buys Burger King Japan from South Korea’s Lotte

Hong Kong-based Affinity Equity Partners has bought Burger King’s Japan operations from South Korea’s Lotte Group for an undisclosed sum, Japanese media publication Nikkei reported. Lotte had managed around 100 Burger King stores in Japan. According to the deal, the business will be transferred to a new entity set up by… Read more »


China Digest: TPG Growth leads Series C in Vision Credit; Axis Capital backs Pick-Up; GLP China’s $152m bond

Middle market-focused TPG Growth has led a Series C financing round in consumer finance provider Vision Credit.


Indonesia: Minna Padi Securities to acquire 51% of Bank Muamalat for $333m

Minna Padi plans to fund the buyout through its own rights offering.


Indonesia listed startup Kioson closes post-IPO Narindo acquisition deal

Narindo Solusi Komunikasi is an affiliated tech company focusing on e-voucher aggregation.


US seed investor Plug and Play’s Indonesia unit hopes to mine startups in ag-tech

Plug & Play Indonesia CEO Wesley Harjono on the early-stage landscape, valuations and investing opportunities.


Indonesia: Taxi operator Blue Bird secures $74m loan from SMBC to take on ride apps

This new facility will allow the taxi operator to finance fleet purchase at lower interest rate.


Indonesia: Salim-Lotte launch $100m e-commerce JV; GMF AeroAsia lists on IDX

iLotte will directly compete with the likes of Lazada, Blibli, MatahariMall and JD.id.