The capital raised will be used for geographical expansion, as the company plans to foray into two new regional markets this year.
Following the transaction acquisition, 95 per cent of QBE’s shares will be held by Great Eastern General Insurance Limited, while the remaining 5% w
The exit was a part of a recent investment in Kyriba Japan by PE firm Bridgepoint Capital.
Triplogic offers an on-demand logistics service within Indonesia by making use of latent commercial spaces.
Jinsi led IFC's investments in the venture capital space, building a large portfolio of direct and fund investments.
IPOs & Markets
The club says it plans to issue as many as 2 billion shares at a price of Rp155 - Rp175 per share.
The new wave of startup executives turned founders seems to be coming from Indonesia.
TokoTalk provides a chat-based e-commerce platform on social media networks such as Instagram and WhatsApp.
The company will look to expand its operation into other SE Asian markets including the Philippines, Malaysia, Singapore, Thailand, Vietnam and Myanma
Shorooq has allocated up to 30% of its $10 million debut fund to support startups in the SE Asia region.
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