Media and content will be the next big thing in Indonesia, says Stellar Kapital’s Santoso

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In an exclusive interview, Stellar Kapital Managing Partner Aditya Keo Santoso talks in depth about real sector investments, the Indonesian startup scene and Stellar’s $25-million second fund.

Indonesian firm seeks trading halt in company backed by TPG, Northstar amid legal dispute

Indonesia’s PT Aryaputra Teguharta (APT) has filed a lawsuit claiming a 32.32% stake in BFI Finance Indonesia Tbk (BFI).


Indonesia’s EV Hive raises $20m in SoftBank Korea-led round, eyes 100 locations by 2022

The latest funding round was joined by new investors H&CK Partners, Tigris In0mvestment, Naver, LINE Ventures, and STIC Investments.


Indonesian e-commerce unicorn Tokopedia loses top executive

Tokopedia’s Vice President of Business, Amit Lakhotia, has resigned from the company.


East Ventures, Skystar Capital back software company PHI-Integration

With the backing of the two VCs, the company says it will develop a new sub-service called Linkr to help companies refine their raw data. 


Lazada taps Thailand chief to lead Indonesia operations

Former Lazada Indonesia Co-CEO Holm and Granziol, who both previously held key positions at Lazada Philippines, will be leaving Lazada Group after more than 4 years with the company.


Australia’s Blue Sky seeks to raise $17m to back Southeast Asian fintech firm Akulaku

At $17 million, the proposed investment in Akulaku would be one of the largest in a fintech firm in Southeast Asia.


Tokyo Century acquires 5% stake in Indonesia’s Nobu Bank

The Japanese company might be considering taking a more significant stake in the Indonesian bank.


Malaysia’s Carsome to invest $7.1m in Indonesia operations

The fund will be used for talent acquisition, marketing, and to add more dealers on the platform and set up eight new inspection points by the end of the year.


Indonesia: CVC Capital-backed sports retailer Map Active eyes up to $92m from IPO

Map Active is the sports subsidiary of Mitra Adiperkasa (MAP), Indonesia’s largest retailer of foreign brands.