By Antonia Timmerman
East Ventures, among the most active tech investors, is a shareholder in three out of five unicorns in SE Asia.
The plot is located next to the International Financial Centre Jakarta, another tower owned by Keppel Land.
The funding will be a $500 million policy-based loan, and a $600 million results-based loan to the State Electricity Corp.
Intudo, Pandu Sjahrir & East Ventures also joined the round.
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 »
The logistics major is targeting $427.5m in revenues by 2017-end.
Five companies from Asia and Europe have shown interest in the aircraft maintenance operator.
China’s co-work unicorn UrWork, Social Capital, Fortune Union Investments, ACE Capital also joined the round.
Värde Partners and Indies Capital Partners have partnered to launch an Indonesia investment platform.
In a bold move, Kudo rival refused to part with majority shares to private equity and venture capital firms.