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Gobi’s Indonesia fund will be managed in parallel with its $10-million early-stage Philippine fund launched last week in partnership with local VC firm Core Capital.
Bain Capital Asia Fund IV will primarily target 15-18 equity investments in the range of $100 million to $400 million.
The move is Bukalapak’s first publicly known major acquisition of another company or its assets since its last funding round in late 2017 that valued the company at over $1 billion.
Kolibra is the brainchild of Teezar Firmansyah, Tokopedia co-founder and director Leontinus Alpha Edison and Ciputra conglomerate heir Nararya Ciputra Sastrawinata.
With the new financial backing, RoboSense will be looking to strengthen its position in Asia, where it claims to already have 50% market share.
In the latest developments from the two ride-hailing rivals in Indonesia, Grab has launched two new car-hailing services while Go-Jek has rolled out a voucher marketplace.
Other investors participating in the round are Indonesia’s Central Capital Ventura and Indonusa Dwitama.
The fund’s investors include Neil Shen of Sequoia China, Zhang Tao of Meituan-Danping, Baidu founder Eric Xu, Salil Deshpande of Bain Capital Ventures, JP Gan of Qiming Venture Partners, and Annie Xu of Alibaba U.S.
The round was joined by Skystar Capital and existing investors Beenext and Convergence.
Kresna took two of its units M Cash and NFC to list at the IDX, raising $22 million and $21 million respectively.