Kopi Kenangan had raised around $8.5 million from Alpha JWC in October 2018.
The VC's second fund was launched early last year with a target corpus of $100 million.
IPOs & Markets
The company says it plans to list 100 million shares. While it did not disclose its expected share price for the listing, the company said its last ro
MUFG Innovation Partners, the arm of MUFG, targets fintech startups in Japan and overseas.
Q & A
GOJEK-backed Halodoc is among the two Indonesian healthtech startups to have raised multiple funding rounds.
The firm expects to launch its second fund next year.
The asset was reportedly acquired at a price of about 250 million euros in a forward funding deal.
Indonesia's housing backlog is estimated to be around 13.5 million units, with 800,000 units added every year.
Representatives of Khazanah and SoftBank held preliminary talks about a potential investment in April, Nikkei Asian Review reported.
Out of six investments it targets this year, three are likely to be from Southeast Asia.
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