There’s room for more players in Indonesia’s payment space: Emtek’s Daniswara


Emtek has made a major move to seize this opportunity by setting up a JV with Alibaba’s payment affiliate, Alipay, to launch payment startup Dana.

Indonesia’s Ekrut bags Series A funding from Venturra, Prasetia Dwidharma

Early last year, Ekrut had raised an undisclosed seed round from Indonesia’s leading early-stage investor, East Ventures.

Grab, Go-Jek’s battle to become SE Asia’s preferred super app plays out on the streets

The region is big enough for many players to have their share. But Go-Jek and Grab are expected to be hard to beat with the familiarity and trust built up by their ride-hailing services and perhaps surprisingly in a digital age, their human agents.

Indonesia Crunch | Law as a weapon

Indonesia’s Supreme Court has sentenced a teacher, Baiq Nuril Maknun, to six months’ imprisonment and a fine on charges of ‘violating decency’.

Bukalapak eyes investment products, P2P lending to cash in on fintech opportunity

Bukalapak co-founder and president Muhamad Fajrin Rasyid answers questions about Indonesia’s crowded e-commerce market, fundraising, potential listing plans and profitability.

Exclusive: Go-Jek-backed Halodoc in talks to raise $50m in funding

Last year, Go-Jek integrated its own medicine delivery app Go-MED with Halodoc.

Indonesian unicorn Traveloka’s co-founder steps down from CTO role

Kusuma will move on to focus on developing a new venture in a non-competing category.

Singapore’s UOB acquires 75% stake in Indonesia’s PG Asset Management

UOBAM purchased the stake from local firm Multikem Suplindo. 

Reverberations of probe into Indonesia’s Lippo felt in Singapore’s bond markets

Singapore dollar-denominated notes issued by First REIT, and those sold by OUE Ltd., controlled by the Riady family, have dropped as a liquidity crunch prompts concern the group is using other entities to help shore up finances.

More Indonesian VCs to launch seed funds to fill new gap, says Venturra’s Pramana

Venturra partner Raditya Pramana said, the funding crunch at the seed level was a result of existing VCs launching larger funds in an attempt to move up the value chain.