Indonesia’s P2P startup Investree to raise Series B round, eyes collaboration with banks


Investree expects to close the Series B funding round in 2-3 months. Existing investors Kejora and Persada are set to participate in the latest round.

Indonesia becomes first Asian country to sell green bonds, raises $1.2b

Indonesia is considered one of the world’s top emitters of greenhouse gases, particularly due to its regular devastating forest fires.

Indonesia mulls tax incentives for venture capital firms, to boost startup investments

The tax exemption will only apply to venture capitals that have registered with the country’s Financial Services Authority (OJK).

Indonesian solar panel producer Sky Energy taps IPO route to raise $6.8m

The company’s shares will be priced at a range between Rp 375-Rp 450 per share.

East Ventures invests in Indonesian on-demand warehousing startup Waresix

East Ventures has had a busy month with deals in retail tech startup Warung Pintar and NZ-based exascale computing firm Nyriad.

Indonesian unicorn Bukalapak weighs next fundraising strategies

Bukalapak co-founder & CFO Rasyid says the company remains open to both an IPO and private financing to fund growth.

Indonesia likely to see next unicorn emerge from education sector

The country currently has four unicorns – Go-Jek, travel site Traveloka, and market places Bukalapak and Tokopedia.

Indonesia to woo oil and gas majors via Europe, US roadshows

Indonesia’s Energy and Mineral Resources Ministry will seek bids for as many as 40 oil and gas blocks this week.

Emtek’s KMK to acquire majority stake in digital media firm KLN

The strategic deal will in turn see KLN obtain 99.9% of shares in KMK subsidiary Liputan Enam Dot Com.

Indonesia’s Bank Danamon fields interest from suitors for insurance unit

The subsidiary, PT Asuransi Adira Dinamika, has drawn interest from European and Japanese insurers.