By Antonia Timmerman
Grab Indonesia has launched the second phase of its $700 million ‘Grab 4 Indonesia’ master plan, the company announced. Yesterday, the Singapore-based app introduced its first four-wheels social carpooling service – GrabHitch (Nebeng) Car – in the country. Nebeng is the Indonesian slang for hitching. The service is designed for… Read more »
Falcon House is learnt to have invested $20-25m in Ismaya Group.
Rocket’s VC arm to invest in health-tech and insur-tech in Indonesia
To expand team, develop brand and acquire users.
Proterra picks up a minority stake in FKS
On-demand laundry service provider Ahlijasa Indonesia has raised an undisclosed amount of seed funding. It has also announced the release of its iOS app. In another startup development, global pitch competition Startup World Cup returns in search for a $1 million investment prize winner in the SWC 2018. Ahlijasa seed… Read more »
“Our pride is we have lot of companies that are actually profitable”.
Tiket.com had never raised a venture capital round.
Espay & DOKU are likely to be integrated into Emtek’s Blackberry Messenger.
Tokyo-based fintech company SBI Group has invested $6.3 million into Indonesian peer-to-peer lending startup Taralite, the firm announced today. The financial terms were not disclosed. The funds will be used to build a “world-class R&D team”, which would build an algorithm for Taralite’s future plan to be a “one-stop shop”…. Read more »