Analysis
The laid off Alodokter employees had staged a protest last week.
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US House panel finds BlackRock, others wary of joining climate initiative
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SE Asia, India offer buyout opportunities, it’s only a matter of finding the right funds: Hamilton Lane
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Databricks nears record $9.5b VC raise from GIC, others
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Liquid AI closes $250m early-stage funding round led by AMD
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Allianz scraps proposed acquisition of Singapore's Income Insurance
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Healthtech Digest: Alodokter resolves severance dispute; Doctor Anywhere trims workforce
Djarum may have bought Indonesian media firm Kumparan as Argor exits
Singapore’s Eureka Robotics raises $10.5m from B Capital, others
Indonesian fintech AwanTunai raises $60m debt led by Accial Capital
Deals
The conglomerate’s VC arm GDP Venture now owns 99.99% of Kumparan.
The firm plans to disburse loans worth 3 trillion rupiah every month by end-2025.
They plan to invest up to $1.2b over the next three years to develop 100,000 stations.
Axiata and Sinar Mas will become joint controlling shareholders in XLSmart, with a 34.8% stake each.
Mitsubishi UFJ and Sumitomo Mitsui Banking Corp are also interested in the stake.
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The acquisition could support Bakmi GM’s expansion within the country.
In Oct, DealStreetAsia first reported that Lamudi was in discussions to buy Ideal.id.
Last week, the government had rejected a $100m investment proposal from Apple.