Exclusive: Indonesia’s Tinkerlust raises pre-Series A from Merah Putih, angel investor Danny Oei

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The startup will invest the proceeds into engineering and product development.

Indonesia: Co-working space operators EV Hive, Clapham Collective merge

Co-working space chain operator EV Hive – an affiliate of East Ventures – has merged with Clapham Collective, a co-working space based in Medan, North Sumatra, Indonesia. Upon the merger, Clapham Collective founder Chris Angkasa will join EV Hive’s board of advisors, the statement announced. EV Hive had just raised… Read more »


M Cash & Kresna acquire 29% in MatchMove Indonesia, prepare it for 2018 listing

Kresna is ready to inject “a few million US dollars if needed” into the joint venture.


Indonesia: IDN Media raises Series B from East Ventures, Central Exchange

The round was joined by Hong Kong-based central venture capital firm Central Exchange


Indonesia: IFC proposes to provide up to $50m debt to microfinance institution MBK

The funding is expected to support the growth of the company’s microfinance portfolio.


Exclusive: Go-Jek said to have acquired majority stake in payments firm Kartuku

The deal size is said to be upwards of $50 million.


Indonesia: Mobilkamu raises seed funding from East Ventures & Denali Partners

It has also secured Bukalapak as its exclusive partner.


Indonesia: Telkom’s MDI Ventures joins $3.2m round in US startup Loft Orbital

Loft Orbital is a San Francisco-based tech startup that leases space on satellites.


Indonesia: GDP Venture injects funding into smart city app Qlue

Qlue provides an app for citizens to report and share civic issues in their neighbourhood to city authorities and enterprises.


Indonesia: CVC-backed sporting goods retailer MAP Active mulls $300m IPO

The company joins snack producer GarudaFood and toilet brand Toto’s local distributor in planning to raise funds in the equity market.