Exclusive: East Ventures eyes 2 exits, invested in 20 startups last year


The VC firm continues to remain interested in Fintech.

Maybank Indonesia scraps sale of its stake in WOM Finance

WOM Finance will now continue to be a subsidiary of Maybank Indonesia

500 Startups targets 100 Indonesian companies with latest $50m fund

Firm plans to invest in a total of 200 cos from Southeast Asia.

Exclusive: CapSquare Asia hits final close for $150m Indonesia-focused fund

Fund to target consumer, FMCG and retail verticals

Indonesia’s Go-Jek raises $1.2b led by Tencent, valuation soars to $3b

Go-Jek is set to use this capital to fight Grab and expand across the region.

Exclusive: Kresna-backed M Cash Integrasi eyes year-end IPO

Firm to offload 20% stake through the IPO.

Exclusive: Indonesia media startup Boombastis raises pre-series A from Unistellar

The startup is expecting to hit a break-even point in three to six months.

China’s JD.com said in talks to invest in Indonesia’s Tokopedia

China’s two biggest e-commerce players have both poured major sums into SEA.

Exclusive: Falcon House invests in Indonesia’s pastry shop chain The Harvest

European-style pastry shop chain The Harvest has 30 outlets.

Indonesia DB: Rework app launch; 500 Startups’ new partner; OJK-Aus fintech pact

Jakarta-based co-working space Rework has launched a new mobile app along with its second office in Kuningan, South Jakarta. VC firm 500 Startups has appointed Malaysian actor Ashraf Sinclair as a new venture partner, while Indonesian Financial Services Authority (OJK) partners the Australian government to develop fintech. Rework launches new app,… Read more »