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

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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 »