Ashish Saboo

General Atlantic appoints Ashish Saboo to lead Indonesia operations


Before joining General Atlantic, Saboo was a Business Development Director at CT CORPORA for over 12 years.

Indonesian freight marketplace Andalin closes Series A led by Access VC, ATM Capital

The Jakarta-based startup was part of the fourth batch of Ideabox accelerator. Andalin raised its seed round in January 2017 from Mountain Partners.

Indonesian P2P lender Akseleran secures $2.5m in ongoing Series A round

The fresh funding will help the company scale up its operations and will also be used to disburse loans to the country’s SMEs.

Indonesian VC Indogen Capital targets 10 new investments in 2019

Indogen’s portfolio includes Malaysian used car platform Carsome, Indonesian travel platform Travelio and Philippine HR tech platform Venteny.

Malaysia’s state-owned Felda said to end ties with Indonesia’s Rajawali

Felda has been considering an exit from the deal which was signed in 2017 to acquire a 37 per cent stake in Rajawali’s Eagle High Plantations.

Exclusive: Indonesian coffee chain Koppi snags angel funding, in talks to raise seed round

Indonesia has seen quite a few VC investments in coffee shops including Kopi Kenangan, which secured $8 million from Alpha JWC.

Indonesian carrier Garuda in talks with Go-Jek to provide logistics support

The partnership will make it easier for Go-Jek to move goods to customers within the 17,000 islands of the archipelago.

Is Lazada losing ground? Advantage Tokopedia, Shopee in Indonesia?

DEALSTREETASIA takes a look at some numbers based on Alibaba’s quarterly earnings update to deep-dive into where Lazada stands vis-a-vis its peers.

Sumitomo’s Indonesia arm said to invest in fintech startup Cashlez

Mandiri Capital Indonesia, the VC arm of Bank Mandiri, led a $2-million round into Cashlez last year.

Indonesia-listed Passpod acquires Singapore’s trip-planning platform Packdat

Its IPO made Passpod the fourth tech company to be listed on the Indonesian bourse.