By Antonia Timmerman
Kresna is expected to do a follow-on investment.
It recently invested $100m in Indonesia’s FKS Food & Agri.
Metrodata will acquire 14 per cent, while Logicalis will secure 54 per cent.
Akulaku likely to have raised $5-10 m from Chinese VCs.
Online-to-offline startup Kioson, a competitor of Grab’s Kudo, has raised Rp 6 billion ($450,000) from publicly-listed firm Mitra Komunikasi Nusantara, local media reported. With this investment, Mitra Komunikasi, an IDX-listed company that distributes gadgets, prepaid phone vouchers, and SIM cards, controls 4.94 per cent of the startup. “Contribution (to revenue) is still… Read more »
Tiket and Blibli will continue operating their own brands after the deal.
The company likely to have raised $7-8 m in their series B
Indonesia DB: PrivyID raises pre-series A; Arsanesia receives funding
It will lead seed & Series A rounds with a target ownership of 15-25% on a fully-diluted basis.
Alodokter plans to raise $5-6m & Halodoc wants to raise $15m.