Nadiem Makarim

Go-Jek close to profitability in all segments, except transport: Nadiem Makarim


Makarim confirmed Go-Jek has set up a VC arm, Go-Ventures, as first reported by this portal.

Indonesia’s Venturra Capital said to have launched offshoot for seed, pre-seed deals

Venturra Seed, the offshoot, is close to sealing its first investment.

Asian tycoons mull bids for LafargeHolcim’s Indonesia arm valued at up to $2b

Malaysia’s YTL Corp. and PT Semen Indonesia are among suitors weighing bids.

East Ventures leads funding in Indonesian media startup Katadata

The round was joined by existing investors Emerging Media Opportunity Fund (EMOF) and Lin Che Wei, a prominent financial and public policy analyst in Indonesia.

Indonesia Digest: BCA picks stake in ATM ALTO; Paytren buys 5% in tempo; Hexindai lifts 20% in Musketeer

Bank Central Asia, through its venture capital arm Central Capital Ventura, has acquired 2 per cent in switching company ATM ALTO

Indonesian financing platform Cicil raises Series A led by Vertex, East Ventures

The company said the latest investment brings Cicil’s total funding raised to over $5 million.

TPG, Northstar consortium sells 19.9% stake in Indonesia’s BFI Finance

The buyer is Italian consumer credit service provider Compass Banca, a subsidiary of Italian investment bank Mediobanca.

Kejora, Intervest to close $100m Southeast Asia fund by 2018-end

Limited partners include government-backed Korea Venture Investment Corp.

Indonesia Digest: SweetEscape snags $1m; UOB partners COCOWORK

SweetEscape has secured $1 million from East Ventures, Beenext, Skystar Capital, and GDP Venture.

Indonesia’s Salim Group grabs minority stake in mobile money platform Youtap

The investment will enable Salim to access Youtap’s full suite of e-money platforms.