East Ventures launches Indonesia-focussed $30m early stage fund

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East Ventures, among the most active tech investors, is a shareholder in three out of five unicorns in SE Asia.

Keppel Land acquires $45m land plot from Indonesia’s BCA

The plot is located next to the International Financial Centre Jakarta, another tower owned by Keppel Land.


ADB launches $1.1b funding support for Indonesia energy programme

The funding will be a $500 million policy-based loan, and a $600 million results-based loan to the State Electricity Corp.


Indonesia: Co-working chain EV Hive raises $3.5m in Insignia Ventures-led pre-Series A

Intudo, Pandu Sjahrir & East Ventures also joined the round.


Indonesia Digest: Sinarmas moves $107m asset from SG; Waskita defers selloff plan

Sinarmas Group has moved a property asset worth $107 million (Rp 1.4 trillion) from Singapore to Indonesia, according to a filing on Monday. Meanwhile, state-owned infrastructure firm Waskita Karya has postponed its plan to divest 10 of its toll operator subsidiaries due to “lack of offers that matched with the… Read more »


Exclusive: Indonesia’s JNE Express chooses debt capital over PE to fuel growth

The logistics major is targeting $427.5m in revenues by 2017-end.


Indonesia: GMF AeroAsia allocates 10% for strategic investor in IPO; raises target to $422m

Five companies from Asia and Europe have shown interest in the aircraft maintenance operator.


Indonesia: ReWork raises $3m from ATM Capital, Convergence Ventures

China’s co-work unicorn UrWork, Social Capital, Fortune Union Investments, ACE Capital also joined the round.


Värde Partners, Indies Capital to jointly target Indonesia debt opportunities

Värde Partners and Indies Capital Partners have partnered to launch an Indonesia investment platform.


Indonesia’s Kioson picks IPO route over VC funds, to become 1st startup to tap IDX

In a bold move, Kudo rival refused to part with majority shares to private equity and venture capital firms.