By Antonia Timmerman
Valuations had been “unrealistic” at the beginning of Indonesia’s digital startup boom
GMF AeroAsia had intended to garner as much as 5.55 trillion rupiah in the initial public offering (IPO).
Pathao – also dubbed as the Go-Jek of Bangladesh – is looking at raising less than $5 million
Taobao Collection will be offered in Indonesia, the Philippines and Thailand in the next few weeks through Lazada’s platform
The $50 million VC fund is planning to raise its second fund within the next one or two years.
East Ventures, among the most active tech investors, is a shareholder in three out of five unicorns in SE Asia.
The plot is located next to the International Financial Centre Jakarta, another tower owned by Keppel Land.
The funding will be a $500 million policy-based loan, and a $600 million results-based loan to the State Electricity Corp.
Intudo, Pandu Sjahrir & East Ventures also joined the round.
Sinarmas Group has moved a property asset worth $107 million (Rp 1.4 trillion) from Singapore to Indonesia, according to a filing on Monday. Meanwhile, state-owned infrastructure firm Waskita Karya has postponed its plan to divest 10 of its toll operator subsidiaries due to “lack of offers that matched with the… Read more »