Indonesian e-commerce platform Belipart plans to use the funding to build its team and products.
Sequoia-backed truck startup PlusAI to raise $200m from investors
Goldman Sachs seeks approval to acquire majority stake in China banking JV
Japanese robotics startup GITAI raises $4.1m from Spiral Ventures, others
Asia Digest: Belipart raises pre-seed funding, East Ventures makes it to top 5 VC list
Indonesia’s Telkom mulls over Bhinneka acquisition, final decision pending
Vietnam’s e-commerce major Tiki acquires Ticketbox
GOJEK may enter Malaysian market soon, says Youth Minister Syed Saddiq
Indonesia’s Protelindo, Telkom Group in talks to buy Indosat Ooredoo’s tower assets
SG’s Sea Ltd’s gaming division buoys Q2 earnings amidst widening losses
Kejora Ventures, 500 Startups among VCs selected for Malaysia’s $240m joint VC fund
The telco giant is reportedly looking to acquire at least a 51 per cent stake in Bhinneka.com.
KTI divestment news comes in at a time when Krakatau Steel is undertaking a restructuring exercise to pay off its debts.
Telecom tower assets of Indosat Ooredoo, Centratama Telekomunikasi, among others, are currently on the block.
IPOs & Markets
The IPO is likely to be launched on IDX early next year.
The oil and gas assets under review are located in Vietnam, Bangladesh, Equatorial Guinea, Mexico, as well as Aru, West Papua, Indonesia.
Indonesia could be the second country worldwide where WhatsApp introduces such services, as it awaits regulatory approval from India.
The round was led by Intudo Ventures, Agaeti Ventures, and Sinar Mas Digital Ventures.
Prior to purchasing a minority stake in Finarya, the lender is planning to acquire a venture capital firm with smaller assets.
The funding will help the startup spruce up its technology and enhance its research and development.
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